The Walt Disney Company (DIS) - NYSE
  • Oct. 25, 2013, 8:33 AM
    • FBR Capital starts coverage on a number of media stocks with strong endorsements.
    • Disney (DIS), 21st Century Fox (FOXA), and Discovery Communications (DISCA) are all lined up with Outperform ratings on the premise wider content distribution channels will benefit the firms. Even Netflix (NFLX) gets some legs to run by FBR with a $350 price target.
    • It sounds as if the investment firm might be a fan of the PowerShares Dynamic Media ETF (PBS) as well.
    | Oct. 25, 2013, 8:33 AM | 2 Comments
  • Oct. 25, 2013, 6:56 AM
    • Disney (DIS) plans to open a large Disney store in Shanghai early in 2015 which will serve as its flagship store in China.
    • The company also has a goal to have a theme park opened in Mainland China by the end of the same year.
    | Oct. 25, 2013, 6:56 AM | 1 Comment
  • Oct. 24, 2013, 6:51 AM
    • Disney (DIS) names Roy Kapur to be replace Ronnie Screwvala as its new managing director in India.
    • Kapur will take on his new role beginning June 30.
    • The company is in the middle of consolidating its operations in India as media spending starts to take off in the nation.
    | Oct. 24, 2013, 6:51 AM
  • Oct. 23, 2013, 3:17 PM
    • Aereo will launch in Detroit, Michigan next week which marks a move into a different federal district. If it wins a legal case in the region, it could motivate the company to decide to expand into the Cincinnati and Columbus markets.
    • Broadcasters (CBS, DIS, FOXA, CMCSA)have petitioned the Supreme Court to review a previous Aereo decision on the East Coast, but that process is expected to take a long time.
    • An Android beta app from the company was released to Google Play earlier this week.
    | Oct. 23, 2013, 3:17 PM | 4 Comments
  • Oct. 23, 2013, 1:32 PM
    • Disney (DIS -1.1%) plans to open retail stores in Russia later next year, according to a Russian media report.
    • License fees for consumer products account for a good portion of Disney's revenue in the nation.
    | Oct. 23, 2013, 1:32 PM | 3 Comments
  • Oct. 22, 2013, 9:30 AM
    • Disney Interactive (DIS) announces the Disney Infinity Toy Story play set is now available with the introduction well-timed in front of the holiday season.
    • The company has already moved a million Disney Infinity starter packs and early reviews from the gaming/developer community have been positive.
    • Previous: Are profits coming for Disney Interactive?
    | Oct. 22, 2013, 9:30 AM | 1 Comment
  • Oct. 18, 2013, 2:37 PM
    • Disney (DIS +1.1%) recorded over one million downloads of its Toybox app within two weeks which follows reports of sales of over 300K units of the Infinity gaming system.
    • A very promising sign for the new product is that the gaming community has taken a strong interest in developing within the ecosystem and it's starting to create the same buzz with the elementary school set as Minecraft did last year.
    • What to watch: Disney Interactive has been something of an afterthought with segment revenue still below $200M and operating income in the red, but if the early reception for Disney Infinity is any indication that could change.
    | Oct. 18, 2013, 2:37 PM
  • Oct. 17, 2013, 3:59 PM
    • Hulu (DIS, CMCSA, FOXA) officially names Mike Hopkins as its new CEO after the Fox exec's name has been floated as a leading candidate last week.
    • The big picture: The appointment of a media giant insider as CEO could signal the company will work with traditional content providers instead of moving toward producing more of its own shows and movies.
    • Inside Hulu: Hopkins introductory e-mail to employees
    | Oct. 17, 2013, 3:59 PM | 1 Comment
  • Oct. 15, 2013, 3:06 PM
    • Disney (DIS -0.5%) characters account for 6 of the top 10 most popular Halloween costumes this year in a testament to the rich and long-lasting arsenal of franchise assets the company has amassed through film and TV series.
    • The company could dominate the holiday even more with future Star Wars movies likely to be successful.
    • Look for Disney staples Doc McStuffins, Buzz Lightyear, Wolverine, Disney princesses, Iron Man, and Sully from Monsters Inc. to make several appearances on the night of October 31st.
    | Oct. 15, 2013, 3:06 PM | 1 Comment
  • Oct. 15, 2013, 11:58 AM
    • Disney (DIS -0.7%) suggests shareholders reject an offer from TRC Capital to buys up to 2M shares at $61 a pop.
    • The "mini-tender offer" is set below the 5% threshold of Disney shares where TRC Capital would fall closer under the eye of the SEC.
    • With Disney currently trading over $66, interest in the mini-tender should be subdued.
    | Oct. 15, 2013, 11:58 AM | 3 Comments
  • Oct. 14, 2013, 1:41 PM
    • Bernstein Research's Todd Juenger has an interesting take on the media industry as he warns that the buyback binge could end for large companies after an eventual increase in interest rates makes the well-worn strategy more expensive.
    • He divides media favorites into two camps - the "Organic Growers" (DISCA, FOXA, DIS, AMCX) and "Buybackers" (VIAB, CBS, TWX) - saying the former group should fare better with their earnings model still vibrant.
    • 3-year share count reduction scorecard: Viacom -21%, Time Warner -17%, Discovery Communications -16%, Scripps Interactive -12%, CBS -11%, Disney -6%.
    | Oct. 14, 2013, 1:41 PM
  • Oct. 14, 2013, 7:59 AM
    • The petition filed with the Supreme Court by a group of major broadcasters (CBS, DIS, FOXA, CMCSA) against Aereo makes the claim the service exploits a loophole in copyright law which was previously utilized by Cablevision (CVC) with its network DVR.
    • The legal stance by the broadcasters is very wide and could stifle other innovations beyond Aereo if upheld by the high court.
    • Full Aereo petition to Supreme Court
    | Oct. 14, 2013, 7:59 AM
  • Oct. 11, 2013, 5:12 PM
    • Confirming media reports, CBS, ABC (DIS), NBC (CMCSA), and Fox (FOX, FOXA) have petitioned the Supreme Court to shut down InterActiveCorp-backed (IACI) Aereo's $8-$12/month local TV streaming service.
    • The petition follows a string of legal setbacks for the broadcasters, the most recent delivered this week by a Massachusetts court.
    • Aereo, which has been busy expanding its reach, still faces some major non-legal business challenges. Service reviews have been very mixed, and the company is charging for content many consumers can access for free with an HD antenna (and, if they wish, stream remotely using a SlingBox or comparable device).
    • Nonetheless, Aereo has already become a thorn in the side of broadcasters, simply by acting as leverage for pay-TV providers in their retransmission fee disputes. Moreover, if the service's legality is upheld, it could open the door to more comprehensive offerings from major tech, telecom, and media companies.
    | Oct. 11, 2013, 5:12 PM
  • Oct. 11, 2013, 7:51 AM
    • Hulu (DIS, FOXA, CMCSA) is close to naming Mike Hopkins as its new CEO, according to reports.
    • An announcement could come later today.
    • Hopkins currently serves as the president of the Fox Networks Group.
    | Oct. 11, 2013, 7:51 AM
  • Oct. 11, 2013, 3:30 AM
    • Broadcasters could reportedly file a petition to the Supreme Court today to stop Aereo from operating due to copyright violations.
    • The plaintiffs have suffered a string of legal losses in their attempts to shut Aereo down, the latest coming this week in Massachusetts.
    • Backed by media mogul Barry Diller and InterActiveCorp (IACI), Aereo streams local-TV signals over the Web for $12 a month using thousands of tiny broadcast antennae.
    • Those lining up against Aereo in the legal fight include Disney's (DIS) ABC, CBS (CBS), Fox (FOXA) and Comcast's (CMCSA) NBC.
    | Oct. 11, 2013, 3:30 AM | 8 Comments
  • Oct. 10, 2013, 9:23 AM
    • A district judge in Massachusetts denied a request by a group of broadcasters (DIS, CBS, FOXA, CMCSA, SBGI, BLC, NXST) asking the court to issue an injunction against Aereo because it violated copyright laws.
    • The ruling could set the stage for the matter to be debated in front of the Supreme Court.
    | Oct. 10, 2013, 9:23 AM
Company Description
The Walt Disney Co. together with its subsidiaries and affiliates is a diversified international family entertainment and media enterprise. It operates through five business segments: Media Networks, Parks & Resorts, Studio Entertainment, Consumer Products and Interactive Media. The Media... More
Sector: Services
Industry: Entertainment - Diversified
Country: United States