Disney Shares Gain, Resorts and Parks Start Opening
Disney has started reopening its resorts and parks. Disney shares have gained more than 8.0% since the Shanghai park reopened on May 11.
To Survive Cord-Cutting, Dish Sticks to One Strategy
On Sunday, October 6, Dish Network (DISH) announced a carriage agreement with Fox Corporation (FOXA). But, Dish didn’t tell us what it agreed to pay Fox.
Google Cloud Head of India Resigns, Joins Disney Unit
The head of Google’s cloud computing business in India, Nitin Bawankule, is set to leave the company at the end of this month.
Netflix: Expensive Content Strategy Concerns Analysts
Netflix will spend $15 billion on content this year alone—up from $12 billion last year. Some analysts started to sound the alarm about Netflix’s spending.
What Is Disney’s Secret Project?
Disney’s (DIS) secret project is about to be revealed. The company plans to share details of this project during its upcoming D23 Expo event.
How Netflix Wants to Take Over India’s Streaming Video Market
Netflix (NFLX) has long relied on international markets to drive its streaming video business growth.
AT&T Opens New Revenue Streams as It Works to Cut Debt
AT&T became the first major mobile operator to offer a service that automatically blocks unwanted calls. This service has also opened a new revenue stream as the company works to reduce its debt.
Comcast Escapes Huge Fine in High-Profile Washington State Case
A judge in the state of Washington early this month fined Comcast (CMCSA) $9.1 million for violating the state’s consumer protection law.
Murdoch’s News Corp Exploring Asset Sale
The Murdoch family is exploring another asset sale after closing its enormous Walt Disney (DIS) transaction last year.
Altice Responds to Fox with a $200 Million Purchase
Altice USA (ATUS) is acquiring digital news network Cheddar for $200 million in a transaction that’s expected to close by around July.
Why AT&T Isn’t Selling HBO
AT&T (T) said this month that it’s not planning to sell its HBO business in Europe, contrary to media reports.
A $600 Million Investment Is about to Yield $1.4 Billion for AT&T
AT&T (T) announced recently that it had sold its minority stake in Hulu.
Here Are Some of Netflix’s Upcoming Shows for April
Netflix (NFLX) is the world’s leader in movie and TV streaming service and has been investing in original content and programming to stay ahead in the streaming competition.
How Viacom and CBS Could Benefit from Potential Merger
Media players Viacom (VIAB) and CBS (CBS) are again talking about a merger.
What Fox’s Star India Could Offer Disney
With its acquisition of 21st Century Fox (or 21CF), Walt Disney (DIS) gained Fox’s film and TV studios, cable networks, a 30% stake in Hulu, and India’s satellite TV group, Star India.
How Fox’s Stake in Hulu Could Boost Disney’s Portfolio
With the closure of its 21st Century Fox (or 21CF) acquisition yesterday, Walt Disney (DIS) received a 30% stake in Hulu.
Understanding the Details of the Disney-Fox Deal
Yesterday, Walt Disney (DIS) gained control over most of 21st Century Fox’s (or 21CF’s) media and entertainment assets, including its film production and TV businesses, Hulu, and Star India.
Walt Disney Finally Closes Its Fox Acquisition
Yesterday, Walt Disney (DIS) finally closed its long-awaited acquisition of most of 21st Century Fox’s (FOX) (FOXA) media and entertainment assets.
A Look at Vodafone’s $4.5 Billion Fundraising Plan
Vodafone (VOD) is raising about $4.5 billion through the sale of convertible bonds, according to a report from Bloomberg.
Why Amazon Is Interested in YES Network
Amazon (AMZN) recently teamed up with the Yankees and other investors to purchase the YES Network.
Why Is Raymond James Positive on AT&T’s DIRECTV NOW Service?
AT&T has been facing significant declines in its pay-TV business, and it lost 403,000 satellite TV customers due to cord cutting in the fourth quarter.
Will a Price Hike Help to Boost AT&T’s DIRECTV Now Customers?
Telecom carrier AT&T (T) has reportedly changed its pricing policy for its DIRECTV Now streaming TV service and raised its monthly subscription plan by at least $10 per month.
Why Did S&P Downgrade Disney’s Rating?
On March 12, S&P Global Ratings reportedly downgraded the Walt Disney Company (DIS) to an A from an A+.
How Fox’s Assets Will Boost Disney’s Portfolio
The acquisition will add Fox’s hit franchises such as The Simpsons, X-Men, and Fantastic Four to Disney’s Marvel Studios.
Disney-Fox Deal Gets Regulatory Nods from Mexico and Brazil
On March 11, Disney received antitrust approval from Mexico’s telecom regulators for its purchase of the assets of 21st Century Fox.
Can Disney and WarnerMedia Dent Netflix’s Streaming Dominance?
Netflix (NFLX) got a downgrade from Buckingham on Friday, as it faces stiff competition in the streaming space.
How Amazon Could Gain from Stake in YES Network
On March 8, Amazon (AMZN) along with Blackstone (BX) and Sinclair Broadcast Group (SBGI) agreed to partner with the New York Yankees to buy Walt Disney’s (DIS) 80% stake in YES network for about $3.5 billion.
Is Amazon Close to Deal to Buy Disney’s YES Network?
Disney is trying to sell its 80% stake in YES and other regional sports networks to get approval from the US DOJ to acquire Fox’s entertainment and media assets.
Comcast Isn’t Done Trying to Build Broader Global Presence
Comcast (CMCSA) is one of the foreign firms seeking to purchase a stake in Indian mass media company Zee Entertainment.
Where’s the ‘Next Warren Buffett’ Placing His Bets?
After Twenty-First Century Fox (FOX) (FOXA), Cheniere Energy (LNG) is Seth Klarman’s biggest bet.
Why Twenty-First Century Fox Remains Seth Klarman’s Favorite Bet
Seth Klarman’s portfolio value at the end of the fourth quarter was $11.5 billion.
When Will the Disney-Fox Acquisition Close?
Walt Disney (DIS) is waiting to close the acquisition of most of the media and entertainment assets of 21st Century Fox (FOXA) for $71.3 billion.
How Fox Assets Could Benefit Disney and Hulu
The Internet streaming service provider Hulu grew its subscriber base and advertising revenues in 2018.
How Disney’s Deal with Hulu Could Help Attract Subscribers
Walt Disney (DIS) has decided to make several animated series from its Marvel Studios for its Hulu platform.
Disney Plans to Bring Marvel Characters to Hulu
Walt Disney (DIS) recently signed an agreement with Hulu to bring Marvel characters to the small screen.
Disney Focuses on ESPN+, Disney+, and Hulu amid Cord Cutting
The Walt Disney Company (DIS) has been making efforts to expand its over-the-top streaming business to combat its digital rivals.
Will Hulu’s Price Revisions Help Boost Disney’s Revenue?
Hulu is owned by the Walt Disney Company’s (DIS) ABC, Comcast’s (CMCSA) NBCUniversal, 21st Century Fox (FOXA), and AT&T’s (T) WarnerMedia.
Why Hulu Changed Its Pricing Strategy
According to a Variety report from January 23, Hulu lowered the price of its ad-supported streaming plan from $7.99 per month to $5.99 per month.
What Are Comcast’s Plans for Its 30% Stake in Hulu?
Internet service provider Hulu is jointly owned by the Walt Disney Company, 21st Century Fox, Comcast, and AT&T.
What’s on the Horizon for Netflix Internationally in 2019?
Netflix (NFLX) expects total international memberships of 86.2 million and net additions of 7.6 million in the fourth quarter of 2018.
Exploring NFLX’s Domestic Streaming Business ahead of Q4 Results
Netflix (NFLX) expects revenue of $1.9 billion, a rise of 22% YoY (year-over-year), in the United States (SPY) in the fourth quarter.
How Is Disney Planning to Boost Hulu’s Content Offerings?
Hulu only operates in the United States (SPY), and it added 8 million subscribers in the country in 2018, bringing its total to ~25 million.
Why Is Hulu Posting Losses despite Its Strong Ad Revenue Growth?
According to Hulu, its 2018 advertising revenue rose 45%. Hulu is also adding subscribers and investing in original content and licensed series.
Comparing Hulu’s Subscribers to Netflix’s
Internet service provider Hulu is trying to strengthen its subscriber base to challenge content king Netflix (NFLX).
Is Amazon Interested in Buying Disney’s YES Network?
Amazon is reportedly in talks to form a joint bid to buy the Walt Disney Company’s regional sports network, YES.
Hit Superhero Films Are Helping Disney
Hollywood has box office sales of $11.38 billion to date in 2018. Superhero films accounted for 25.5% of the total ticket sales.
Why Facebook Could Look to Sell Network TV Programming
Facebook (FB) has been looking to diversify its business away from online advertising for some time.
Inside Google’s Ad Partnership with Disney
On November 28, Google announced a new ad partnership with media giant Walt Disney (DIS).
Disney Raised Its Dividends
Late on Wednesday, the board of Walt Disney (DIS) announced it would hike the company’s semi-annual dividends.
Looking at Disney’s Debt Levels amid Fox Asset Acquisition
Walt Disney (DIS) agreed to buy media and entertainment assets including a 39% stake in London-based Sky from Rupert Murdoch-owned 21st Century Fox (FOXA) for $71.3 billion in June.
Could MLB Buy Fox’s Regional Sports Business?
Major League Baseball (or MLB) is seeking to buy 21st Century Fox’s (FOXA) regional sports networks.
Disney Is Looking for a Buyer for Fox’s Regional Sports Networks
In June 2018, the US Department of Justice approved Walt Disney (DIS) to go ahead with the $71.3 billion acquisition of film and entertainment assets of 21st Century Fox (FOXA).
What Was the Regulatory Condition for Disney to Buy Fox Assets?
Walt Disney (DIS) received US regulatory approval in June 2018 to acquire most of 21st Century Fox’s (FOXA) media and entertainment assets.
On What Condition Did Disney Receive Regulatory Approval?
Disney received US regulatory approval for the deal in summer 2018 on the condition that it divest 22 of Fox’s regional sports networks.
Looking at Disney’s Debt Load amid Fox Assets Acquisition
In June, the Walt Disney Company agreed to buy the media and entertainment assets of Rupert Murdoch–owned 21st Century Fox.
Will Disney’s Online Streaming Services Hurt Netflix?
The Walt Disney Company (DIS) is trying to market its DTC (direct-to-consumer) offerings to attract consumers.
Disney to Launch Disney+ Streaming Service in 2019
The Walt Disney Company (DIS) is set to launch its Disney-based streaming DTC (direct-to-consumer) service, Disney+, in US markets in late 2019.
Can Disney’s ESPN+ Revive Its Falling ESPN Subscriber Numbers?
The Walt Disney Company (DIS) has been losing ESPN subscribers for the past several years.
How Blockbuster Movies Are Pushing Up Disney’s Studio Revenue
In the fourth quarter of fiscal 2018, the Walt Disney Company’s (DIS) studio revenue rose more than 50% year-over-year to $2.2 billion.
How Will IBM Finance Its Red Hat Deal?
IBM is acquiring open-source software leader Red Hat for $34 billion, a 63% premium to its closing price the day before the deal was made public.
What Is Disney Doing to Get Regulatory Approval for Fox Deal?
On October 15, Walt Disney (DIS) announced that it had offered concessions to the European Commission on October 12 to help resolve the European Union’s (EZU) antitrust concerns.
How Netflix Can Meet Its International Membership Outlook in Q3
Netflix (NFLX) set a third-quarter net subscriber addition target of 4.35 million.
How Comcast’s Sky Deal Could Affect Disney-Fox Deal
Fox and Disney agreed to sell a 39% stake in Sky to Comcast for 11.6 billion pounds (or $15.3 billion). Disney plans to use the proceeds to reduce its debt.
Comcast Enters the $100 Billion Debt Club with Sky Deal
On October 2, Bloomberg reported that what Comcast (CMCSA) is borrowing to acquire Sky will put it in the $100 billion debt club.
Comcast Is Selling Bonds to Fund the Sky Acquisition
As of October 2, Comcast (CMCSA) has sold unsecured bonds worth $27 billion to finance its $38.8 billion purchase of 61% of Sky.
Comcast and the Many Benefits of Sky
The Sky deal is expected to boost Comcast’s international revenue to 25% from the current 9% generated outside the United States.
How Sky Deal Could Help Comcast Compete with Netflix
Comcast (CMCSA) recently defeated rival bidders 21st Century Fox (FOXA) and Walt Disney (DIS) to win full ownership of Sky, the largest European satellite broadcaster.
Why Comcast Is So Interested in Sky
Comcast, like other cable and pay-TV companies, has been losing its video customers due to cord cutting.
How Comcast Won Sky’s 39% Stake from Disney and Fox
21st Century Fox, which had a 39% stake in UK-based pay-TV provider Sky, has decided to sell its stake to Comcast for ~11.6 billion pounds.
Comcast Stock Slid 6% on September 24
Comcast (CMCSA) stock fell 6.0% on September 24 and closed trading at $35.63.
What Analysts Think about Disney Stock
The average target price for Disney is $120.54 as of September 24.
Why Disney Had to Discontinue Its Share Repurchase Program
Disney announced that it would not continue its share repurchase program until it completed its proposed acquisition of media assets from 21st Century Fox.
Can IBM’s Partnership with IRIS.TV Boost Its AI Business?
On September 12, IBM and IRIS.TV teamed up to introduce Video Recommendations, which customizes AI-based video content to end users.
How Important Is Hulu for Disney?
Hulu had more than 20 million subscribers as of May 2018, up 18% from the end of 2017.
Why is Disney Ignoring Hulu’s Losses?
In the second quarter of 2018, Hulu lost $357 million, which compares to a loss of $173 million in the year-ago quarter.
Looking into Disney’s Stance on the Sky Bid
In the second quarter, Comcast lost 136,000 residential video customers, compared to 45,000 lost customers in the second quarter of 2017.
Could Disney’s Online Streaming Services Hurt Netflix?
Walmart (WMT) is planning to launch a video streaming service to challenge Netflix’s dominance in the streaming market.
Why Disney Suspended Its Share Repurchase Program
Year-to-date on June 30, Disney has repurchased ~$3.6 billion in shares, while it made dividend payments of $1.3 billion.
How Are Blockbuster Movies Pushing Up Disney’s Studio Revenues?
According to Box Office Mojo, Disney’s Buena Vista Pictures topped the domestic box office with a 34.8% market share.
Take a Look at Netflix’s Competitive Landscape
All the competition is hurting Netflix’s membership growth. In fiscal Q2 2018, it missed its subscriber guidance for the first time.
Why India Is an Important Market for Netflix
To offset its failure in China, Netflix is aggressively targeting Indian audiences with both local and English content.
Should Comcast Be Concerned about Disney or Fox for a Sky Bid?
Fox made its first bid of $15.5 billion for 61% stake in the London-based broadcaster and telecommunications company in December 2016.
Does Comcast Stand a Better Chance than Fox in Race for Sky?
Comcast (CMCSA) is now focused on buying European broadcaster Sky after conceding to Walt Disney (DIS) in the race to buy the majority of Twenty-First Century Fox (FOX) (FOXA).
Behind the Comcast-Fox Standoff over Big Ten Network
Beyond the race to buy European broadcaster Sky, Comcast (CMCSA) and Twenty-First Century Fox (FOX) (FOXA) are inching toward a new potential showdown.
Why Comcast Missed Second-Quarter Revenue Expectations
Cable and media giant Comcast (CMCSA) delivered mixed quarterly results on July 26 before the opening bell.
Where Netflix’s Valuation Stands among Its Peers
Netflix is now trading at a PE (price-to-earnings) multiple of 239.61x.
Comcast Raised Bid to Buy Sky
Last week, cable and media conglomerate Comcast (CMCSA) increased its bid to 26 billion pounds (or $34 billion) to buy a 61% stake in London-based pay-TV company Sky.
Why Disney’s Bid for Fox Could Have Edge over Comcast’s Bid
Walt Disney (DIS) recently won the endorsement of two influential proxy advisers for its $71.3 billion deal for the media and entertainment assets of Twenty-First Century Fox (FOXA).
Will AT&T’s Merger Appeal Pose a Threat to Comcast’s Bid for Fox?
The US government has recently decided to appeal AT&T’s (T) takeover of Time Warner.
Could Comcast’s Planned Higher Bid for Fox Hurt Its Credit Score?
Fox’s board of directors readily agreed to Disney’s new bid due to the stock offering and apparently lower regulatory hurdles.
Comcast and Fox Are Competing Head-to-Head for Sky
On July 11, Comcast raised its bid for Sky to $34 billion. It came just 16 hours after Twenty-First Century Fox upped its bid to $32.5 billion.
A Look at Netflix’s Q2 2018 International Revenue Guidance
Netflix’s international revenues have increased at a CAGR (compound annual growth rate) of 14.2% in the last five quarters.
Why Are Netflix and Amazon Struggling to Expand in India?
India’s streaming market has picked up the pace as a large number of Indians are increasingly shifting to online streaming services.
Twenty-First Century Fox Stock Rose 28% Last Month
Twenty-First Century Fox (FOXA) stock rose 28.6% in June and is now trading at $49.20, which is 98% above its 52-week low of $24.81.
Analysts Rate Disney Stock after the DoJ Approved the Fox Deal
Of the 21 analysts covering Disney, ten analysts rated the stock as a “buy,” and nine analysts rated the stock as a “hold.”
Comcast’s Offer for Fox after Disney’s Deal Got the Nod from the DoJ
As Disney has received approval from the DoJ, the pressure on Comcast has increased to improve its offer over Disney’s latest proposal.
Disney’s Plans for Selling Fox’s Regional Sports Networks
According to a Cisco Systems (CSCO) VNI (visual networking index) report, global mobile data traffic has risen 63.0% since 2016.
Why Disney Can’t Complete Its $20 Billion Stock Repurchase Plan
Disney stated that it would invest $10 billion in share buybacks until the closing of the Fox deal.
Should Comcast Make a Counterbid for Fox to Overshadow Disney?
The Walt Disney Company (DIS) has raised its offer to $71.3 billion for 21st Century Fox’s (FOXA) entertainment assets.
How Will Disney’s $71.3 Billion Bid for Fox’s Assets Dent Comcast?
The Walt Disney Company recently offered a deal price of more than $71.3 billion for significant assets of 21st Century Fox.