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ESPN hopes to reach more casual sports fans with Disney+ integration
CNBC· 2024-12-04 15:02
ESPN is coming to Disney+. Now, the sports network wants to make sure Disney+ users come to ESPN. Walt Disney debuted a dedicated ESPN tile Wednesday on Disney+ for people who subscribe to ESPN+, its sports streaming platform, to watch programming without leaving the Disney+ application. Next fall, when ESPN launches its yet-to-be-named "flagship" service, those subscribers will get full access to all ESPN content through the ESPN tile on Disney+. Disney is making about 100 live games available to Disney+ m ...
5 Dates for Disney Stock Investors to Circle in December
The Motley Fool· 2024-12-02 12:30
New films, shows, and even a new hotel and cruise ship make this a month to remember. You might not view Walt Disney (DIS -0.11%) as a holiday play, but the media giant is built for December. It's a conglomerate ripe for this time of year. Its theme parks see a seasonal bounce this time of year, particularly later this month, when schools let out for two weeks. Disney also always seems to have a blockbuster or two hitting theaters as the calendar year comes to a close. As the majority stakeholder in ESPN, i ...
Disney's Theme Park Division Reports Lowest Profit In Two Years
Forbes· 2024-11-29 18:17
Disney's theme park division has reported its lowest profit in two years (Joe Burbank/Orlando ... [+] Sentinel/Tribune News Service via Getty Images)TNSEarlier this month Disney announced sparkling results for its latest quarter buoyed by the box office success of Inside Out 2 and Deadpool & Wolverine. However, buried right at the very bottom of the list of key points on its earnings report was the revelation that a dark cloud is hanging over its theme park division.Disney's theme parks, cruise lines and co ...
College Football Playoff expansion boosts advertising, viewership at Disney
CNBC· 2024-11-29 13:15
Donovan Edwards #7 of the Michigan Wolverines hurdles a tackle attempt by Michael Taaffe #16 of the Texas Longhorns during the first half of a college football game at Michigan Stadium on September 07, 2024 in Ann Arbor, Michigan. The expanded College Football Playoff format has changed the game for media companies this season — and for Disney in particular. This season marks the first of the 12-team College Football Playoff format, meaning fans of more teams than ever have more skin in the game. As a resul ...
Disney Stock To 2x?
Forbes· 2024-11-29 10:00
KAPOLEI, HAWAII - NOVEMBER 21: Atmosphere is seen during the World Premiere of Walt Disney Animation ... [+] Studios' "Moana 2" in Kapolei, Hawaii on November 21, 2024. (Photo by Rodin Eckenroth/Getty Images for Disney) Getty Images for Disney Disney streaming business has been picking up steam in recent quarters. While streaming giant Netflix remains the dominant player in the streaming space - with its stock up over 85% this year, compared to Disney's 31% gain, and a market cap surging to over $380 billio ...
Disney's biggest wins this year — from a triumphant proxy war to getting back on track at the box office
Business Insider· 2024-11-28 10:52
Advertisement Disney brought the magic in 2024, but it isn't out of the woods just yet.Streaming turned a profit for the first time, and it righted the ship at the box office.While CEO Bob Iger won a proxy battle, Trump's second term now looms.After a string of challenges, Disney brought the magic in 2024.It wasn't long ago that CEO Bob Iger was battling an expensive proxy fight, creative challenges, and streaming business losses.Advertisement Iger has put many of those concerns behind him. Disney fended ...
Bullish On Disney, But Average-In On Price-Decline Days
Seeking Alpha· 2024-11-27 15:05
I have previously written articles for The Motley Fool, TheStreet, and AOLs BloggingStocks.I also write fiction. I have stories published at Nikki Finke's Hollywood Dementia site, including "The Streaming Service," "The Screenwriterman," "Mygalomorph" and "Spielberg's Last Film."Here is a link to my YA book, "Abner Wilcox Thornberry and The Witch of Wall Street."This is a collection of short horror stories: Tales From Salem, Mass.Analyst’s Disclosure: I/we have a beneficial long position in the shares of CM ...
'Moana 2'-led Thanksgiving box office could be best in post-pandemic era
CNBC· 2024-11-27 12:00
The domestic box office is poised for its biggest Thanksgiving haul since the pandemic thanks to a Polynesian princess, a pair of witches and a revenge-fueled gladiator.Disney's "Moana 2" is set to hit theaters Wednesday and generate between $120 million and $150 million in box office receipts in the U.S. and Canada through Sunday. It'll be joined by Universal's "Wicked" and Paramount's "Gladiator II," both in their second week of domestic screenings.Box office analysts believe the five-day Thanksgiving wee ...
Disney CEO Bob Iger sold $42.7 million worth of company stock
New York Post· 2024-11-25 18:53
Disney CEO Bob Iger sold more than $42 million worth of company stock last week as the Mouse House gears up for a lengthy process to find his successor.Iger, who is two years into his second stint as chief executive after the removal of his handpicked protege Bob Chapek, sold 372,412 shares of Disney on Friday, according to a filing with the Securities and Exchange Commission.The shares were sold at an aggregate market value of $42,667,125.16. 3 Disney CEO Bob Iger sold more than $42 million worth of comp ...
Disney: The Mouse Roars With A Cash Flow Cascade
Seeking Alpha· 2024-11-25 16:37
I analyze oil and gas companies, related companies and Disney in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here for a fre ...