In this photo illustration, the Disney Plus logo is seen displayed on a smartphone screen.SOPA Images/LightRocket via Getty ImagesThe Walt Disney Co. is taking Sling TV to court. Deadline reports in an exclusive that the company is suing the Dish Network subsidiary for including its networks in short-term packages.Sling allows users to stream live TV and recently introduced a new pay-TV model for under seven-day bundles. While Sling’s services usually start at $45.99 a month, the new system includes a $4.99 ...

The long-awaited ESPN flagship streaming app launched today, offering its full sports content outside of a traditional TV bundle for the first time. Will the new app give a boost to Disney. Well, CEO Bob Iger is betting on it.>> Look where ESPN is today. With all of the competition that has emerged over the years, I I actually think they're in the best position they've ever been in. And now with the use of this great technology, they have the ability to engage with sports fans on a higher level in a in a be ...

Disney's chief Bob Iger this morning talking to David Faber for an exclusive interview a few moments ago as the company launches this new ESPN flagship streaming app today says the company will not break out sub numbers for the platform. Let's bring in BFA security senior media and entertainment analyst Jessica Ree Erlick. Jessica, welcome back.Good to see you again. >> Thank you. Great to see you.>> Uh struck by Bob's line here just talking about linear losses. I'm I'm paraphrasing but the action doesn't d ...

Tomorrow, Disney is launching its highly anticipated streaming version of ESPN. Julia Boren looking at why it could be just the start of a big bigger rebundling move. Julia, what's the strategy.Well, Sarah, new chapter in the streaming wars starts tomorrow, and it's all about the power of the bundle to reduce churn. The launch of ESPN, the unlimited app, for $30 marks the start of Disney's aggressive rebundling. Subscribers to ESPN also get Disney Plus and Hulu for no additional fee for $30 for the first ye ...

Group 1: Disney and NFL Partnership - The NFL has acquired a 10% stake in ESPN in exchange for distribution rights to the NFL Network and RedZone, among other assets, marking a significant partnership between Disney and the NFL [1][3] - Disney reported a 3% increase in revenue to $23.7 billion, but faced a 15% decline in linear TV, indicating ongoing challenges with cord-cutting [3] - ESPN will now have access to six additional NFL games, increasing its total from 22 to 28, which is expected to enhance its streaming offerings [3][5] Group 2: Streaming Strategy and Market Position - The integration of NFL content into ESPN's streaming service is seen as a strategic move to attract and retain subscribers, especially as Disney bundles its services with Disney Plus and Hulu [6][8] - Disney's streaming revenue is projected to reach $24.7 billion, while Netflix's is at $44.3 billion, with analysts suggesting that Disney Plus could surpass Netflix in subscribers by 2026 [15][22] - The deal positions Disney to create a comprehensive sports platform that could appeal to both casual and hardcore sports fans, potentially boosting advertising revenue through targeted ads [8][11] Group 3: Competitive Landscape - The partnership with the NFL may create challenges for competitors like Fox, Discovery, and Comcast, as they scramble to secure live sports content [4][5] - The NFL's ambition to reach $25 billion in annual revenue by 2027 aligns with Disney's strategy to further monetize its media assets [5] - The deal could lead to a consolidation of sports content on ESPN, making it a primary destination for sports fans and potentially affecting the distribution of other sports leagues [10][11] Group 4: Financial Performance of Other Companies - Rivian reported a $140 million revenue shortfall due to changes in EV tax credits, which may benefit traditional automakers [19][21] - Shopify had a strong quarter with revenue of $2.7 billion, beating analyst expectations, and reported a 31% year-over-year increase in GMV [22][23] - Upstart achieved over 100% revenue growth and originated 159% more loans year-over-year, marking its first GAAP profitable quarter since Q2 of 2022 [24][25]

Core Insights - Disney plans to fully integrate Hulu into its Disney Plus streaming service, with international availability expected next year [1][2] - The Hulu tile will replace the Star tile for international customers this fall, enhancing user choice and convenience [2] - The merger aims to create efficiencies by consolidating technology platforms and may lead to new bundling options for customers [3][4] Group 1 - The integration of Hulu into Disney Plus will allow subscribers to access Hulu content within the Disney Plus app, enhancing the overall user experience [1][2] - CEO Bob Iger indicated that the merger will result in a unified streaming app experience, with improvements and new features being rolled out in the coming months [3] - The merged app will offer a diverse range of content, including family programming, news, and live sports, appealing to a broader audience [3] Group 2 - The new standalone ESPN streaming service will launch on August 21, with pricing starting at $36 per month, and will be included in current Disney bundle offerings [4] - The merger of Hulu and Disney Plus may provide price elasticity and create a more compelling bundling experience for consumers [4] - Future streaming packages may emerge following the integration, potentially enhancing Disney's competitive position in the streaming market [4]

Core Insights - Disney plans to integrate Hulu into the Disney Plus streaming service, with international availability expected next year [1][2] - The Hulu tile will replace the Star tile for international customers this fall, enhancing user choice and convenience [2] - Upcoming improvements to the Disney Plus app will include new features and a personalized homepage, leading to a unified streaming experience [3] Integration and Features - The merged streaming app will provide family programming, news, and live sports content, consolidating offerings from Disney and Hulu [3] - The integration aims to create efficiencies by utilizing a single tech platform, potentially leading to new bundling options for customers [3][4] Pricing and Bundling - The merger may introduce price elasticity and enhanced bundling experiences, combining Disney-branded programming with general entertainment and sports content [4] - A new standalone sports streaming service, ESPN, will launch on August 21, with pricing starting at $36 per month, included in current Disney bundle offerings [4]

Disney earnings are out this morning. Uh earnings beat estimate revenue just slightly below. Joining us now is Hugh Johnson.Disney CFO Julia Borston uh is here as well. The stock um Hugh it's good to see you and I I don't know where you want to start. maybe start with earnings because I think uh on on the other news the stock was uh reacting positively is up at I think 122 now I think 117 116 uh after I guess maybe the Julia pointed out you've been beating revenue uh estimates right in recent quarters uh so ...

>> Now, fiscal third quarter results from Disney out. Julia Boorstin is with us. There's going to be talking about Disney all day long.So many things. >> Well Disney beating earnings expectations is fiscal third quarter earnings of $1. 61 ahead of estimates of $1.47%.Revenue grew 2% to $23.65% billion. That is just below estimates of $23.7% billion. This is its first revenue miss in over a year.Now, Disney Plus subscriber growth was just ahead of estimates, as was its average revenue per user. The company a ...

Welcome back to Power Lunch with Disney set to report third quarter results on Wednesday before the bell. Investors will be keeping a close eye on theme park revenue and streaming subscriber growth. Disney shares have jumped nearly 30% over the past three months, but the stock's recent run has cooled off as of late.It's falling about 4% over the past month. Julia Borson joins us now to break it all down and give her predictions on what we may or may not hear tomorrow morning on the call. It's so good to hav ...