Walt Disney Co (The)

Netflix holds the content licensing rights to its original content, but this original content is currently produced by outside studios like Disney’s ABC Studios.

Disney is incurring significant pre-opening expenses for Shanghai Disneyland (FXI), which will be unveiled in spring next year.

The Walt Disney Company’s (DIS) advertising revenues made up 37% of its Media Networks segment’s total revenues of $5.7 billion in fiscal 3Q15.

ESPN is a part of Disney’s Media Networks segment. Affiliate fees are major component of this segment and are under pressure due to subscriber loss.

Disney uses a franchise-focused growth strategy that enables it to monetize its intellectual properties across its segments for a long time.

On June 29, Disney announced it will merge two of its stand-alone segments into one. Disney Consumer Products and Disney Interactive will become Disney Consumer Products and Interactive Media.

Disney’s Studio Entertainment segment had revenues of $1.7 billion in 2Q15, down 6% from 2Q14. The segment had operating income of $0.4 billion, a 10% fall from 2Q14.

The Walt Disney Company’s (DIS) Media Networks segment is the company’s largest segment in terms of revenue. It had 45% revenue share in 1H15.

At a May 13 MoffettNathanson event, Walt Disney’s (DIS) senior vice president of investor relations, Lowell Singer, discussed the company’s acquisitions.

In the MoffettNathanson Media & Communications Summit on May 13, the company highlighted its intellectual properties portfolio.

An integrated business model helps Walt Disney (DIS) utilize value created by its intellectual properties such as Frozen across its different segments.

Bioware, an operating division of Electronic Arts (EA), made Disney’s (DIS) Star Wars: The Old Republic, the fastest-growing subscription MMORPG in history.

The largest studios are owned by conglomerates like 21st Century Fox (FOXA) whose studio had the largest 2014 domestic box office market share.

Six Flags’ per capita guest spending increased $2.79, or 7%, to $42.97 in 2014, primarily due to improved admissions pricing and new offerings in the parks.

Variety first reported that Google (GOOG)(GOOGL) reached a preliminary agreement to buy Twitch for $1 billion. Then Business Insider reported that Yahoo (YHOO) had also made an offer to buy Twitch.

The fund initiated positions in Pfizer Inc. (PFE), AT&T Inc. (T), and Valero Energy Corp. (VLO). It sold stakes in General Electric Co. (GE), The Walt Disney Co. (DIS), and Amazon.com Inc. (AMZN).

XLY and XRT have performed better in terms of absolute returns over longer periods of three and five years

During economic uncertainty, investors want steady, guaranteed returns from the Treasury instead of quick returns from price movements in equity ETFs.

The businesses in the Consumer Products segment generate royalty revenue by licensing characters from its film, television, and other properties to third parties.

In 2013, Parks and Resorts revenues increased 9%, to $14.1 billion, and segment operating income increased 17%, to $2.2 billion

For the fiscal year ended September 28, 2013, the company reported record results, with an 8% increase in diluted EPS, to $3.38 compared to $3.13 in the prior year.