The Walt Disney Company is hiking the prices of tickets for admission to its two Southern California theme parks by about 6% on the busiest days.Weekends and holidays, which are the highest volume days in terms of visitors to Disneyland and California Adventure, will be hiked 6.2% from $194 to $206 a day effective immediately, the company announced on Wednesday.Anyone looking to hop between the two parks will need to fork over another $65, which remains unchanged. 3 Weekends and holidays, which are the hi ...

As we approach the end of 2024, investors are closely scrutinizing Disney (DIS) and weighing their options. With its stock trading at a 2-year forward price-to-sales (P/S) multiple of 1.77, compared to the Zacks Media Conglomerates industry average of 1.07X, many are wondering whether Disney represents a buying opportunity or is a stock to sell or hold.Disney's premium valuation relative to its peers reflects the market's continued faith in the company's brand power and diverse revenue streams. However, thi ...

Stock Performance - The Walt Disney Co experienced a quick gain of around 10% in late October 2022, which was later surrendered before a near 17% gain into April 2024 [1] Analyst Background - The analyst is an active trader with over 15 years of market experience in stocks, FX, crypto, and commodities [1] - The analyst holds a master's degree in finance and combines microeconomic studies of company financials with a macroeconomic view [1] Analyst Position - The analyst holds a beneficial long position in The Walt Disney Co through stock ownership, options, or other derivatives [1]

Disney lost nearly $300m on just two movies in 2023 © 2023 MARVEL.Courtesy of Marvel StudiosDisney made an estimated $296.4 million loss at the box office on just two of its Marvel superhero movies in 2023 according to analysis of recently-released financial statements.They reveal that the cost of making The Marvels and Ant-Man and the Wasp: Quantumania came to a staggering $762.4 million (£609.3 million) before Disney banked $124.9 million (£99.4 million) in government incentives bringing its net spending ...

An iconic film series is going from one plus to another, and that's a negative. Fans of Indiana Jones had a rude awakening on Walt Disney's (DIS -0.18%) flagship streaming service earlier this week. The first four of the five films in the iconic movie series were removed from Disney+ on Tuesday. They're now only available on Parmamount Global's (PARA -0.81%) Paramount+ platform. Movies and shows come and go, and studio rival Paramount was and continues to be the distributor of the four classic movies. Howev ...

Disney is cutting some big names in preparation for launching ESPN over the top. ESPN is laying off some high-profile personalities, continuing a long trend of talent leaving the company. But for Disney's (DIS -0.35%) long-term growth strategy, this makes a lot of sense. Travis Hoium covers exactly why in this video. *Stock prices used were end-of-day prices of Oct. 1, 2024. The video was published on Oct. 3, 2024. ...

The powerful entertainment company continues to get a thumbs-up from a top U.S. bank. As volatile as the entertainment industry it stands on top of, Walt Disney (DIS -0.41%) has been quite the upand-down stock so far in 2024. It seems there are just as many passionate believers in The House of Mouse as detractors who feel it's not what it's cracked up to be. Analyst Philip Cusick of JPMorgan Chase tilts more toward the former category. He recently reiterated his bullish take on Disney's future. Is this view ...

In the latest market close, Walt Disney (DIS) reached $94.15, with a +0.11% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.01%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq added 0.08%. Heading into today, shares of the entertainment company had gained 5.52% over the past month, outpacing the Consumer Discretionary sector's gain of 3.93% and the S&P 500's gain of 1.21% in that time. Analysts and investors alike will be keeping a close eye on the perfo ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

The entertainment sector is made up of companies that produce and distribute media content, operate theme parks, and provide leisure activities. This includes film studios, streaming services, video game developers, and live entertainment venues. Entertainment stocks represent ownership in these companies traded on public exchanges. The sector has undergone significant changes with the rise of digital streaming and interactive entertainment. Investing in entertainment stocks can offer several potential bene ...