Fox Corporation

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.

Hulu is planning to launch an ad-free service priced at $12–$14 per month later this year. Hulu is also looking at programmatic ad buying to better monetize its content.

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.

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

ValueAct Capital initiated a new position in 21st Century Fox (FOX). It’s a diversified global media and entertainment company. FOX accounts for 0.67% of the fund’s first quarter portfolio. 21st Century Fox is home to a global portfolio of cable and broadcasting networks and properties.

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.