The Walt Disney Company (DIS) - NYSE
  • 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
  • Oct. 8, 2013, 10:14 AM
    • A judge in New York will allow TV broadcasters to depose executives with Aereo as part of the discovery process in a copyright infringement case.
    • After losing several legal battles in the group's effort to shut down Aereo, the ruling could expose some contradictions in Aereo's patent filings.
    • Related stocks: DIS, CBS, FOXA, CMCSA, SBGI, BLC, NXST.
    | Oct. 8, 2013, 10:14 AM | 1 Comment
  • Oct. 8, 2013, 7:31 AM
    • Hong Kong Disneyland plans to add a new section to the theme park with an Iron Man theme after the movie scored with Chinese audiences.
    • Disney (DIS) has spent $465M to add new attractions to the park over the last several years.
    | Oct. 8, 2013, 7:31 AM | 1 Comment
  • Oct. 7, 2013, 1:52 PM
    • A funny thing happened after FoxSports1 (FOXA) debuted on August 17 as the ratings for ESPN (DIS) went up Y/Y even though the two sports networks were supposed to battle fiercely for market share, according to UBS
    • The programming on FoxSports1 actually compliments ESPN, especially during football season, to help carve out a bigger piece of the overall cable market for sports.
    • Disney remains a top media stock pick of UBS.
    | Oct. 7, 2013, 1:52 PM | 3 Comments
  • Oct. 2, 2013, 6:45 AM
    • Negotiations between Dish Network (DISH) and Disney (DIS) on a new carriage contract are tripping up over Dish's AutoHop feature, according to sources.
    • Several media companies have taken Dish to court over the ad-skipping technology to little avail.
    | Oct. 2, 2013, 6:45 AM
  • Oct. 1, 2013, 6:53 AM
    • Disney (DIS) and Dish Network (DISH) sign a short-term contract extension that will prevent a blackout of Disney-owned networks for Dish subscribers.
    • Media analysts think Dish CEO Charlie Ergen could still take a hard stance in negotiations, but pushing the ultimate battle over carriage fees past football season might be in its best interest.
    | Oct. 1, 2013, 6:53 AM
  • Sep. 26, 2013, 6:15 PM
    • Hulu (DIS, FOX, CMCSA) acting CEO/content chief Andy Forssell: "Allowing people to pay more and not have advertising at all, I think that’s the right path long term." Forssell nonetheless defends the ongoing inclusion of ads within Hulu Plus ($7.99/month), arguing the revenue they generate helps the streaming service buy more content.
    • Somewhere, Reed Hastings (NFLX) and Ted Sarandos might be chuckling. The presence of ads is one key reason Hulu Plus' subscriber base (4M as of April) remains much smaller than that for Netflix's comparably-priced streaming services (37.6M at the end of Q2, 29.8M domestic).
    • If Hulu ever offers an ad-free subscription option with pricing competitive with Netflix, it could prove to be a tough rival, given Hulu Plus' TV content library is arguably superior, and offers access to many episodes shortly after they air. Netflix, however, has a superior movie library.
    | Sep. 26, 2013, 6:15 PM | 12 Comments
  • Sep. 25, 2013, 7:17 AM
    | Sep. 25, 2013, 7:17 AM | 1 Comment
  • Sep. 24, 2013, 12:50 PM
    • Broadcasters face a growing risk that courtroom decisions will go against them in a myriad of cases against Hopper (DISH), Aereo, and FilmonX.
    • After a detailed breakdown of the most recent developments, BTIG thinks the pendulum is swinging toward the upstart services.
    • If it does, the future of retransmission fees is up in the air.
    • Related stocks: DIS, CBS, FOXA, CMCSA, SBGI, BLC, NXST.
    • Related ETF: PBS
    | Sep. 24, 2013, 12:50 PM | 1 Comment
  • Sep. 24, 2013, 8:22 AM
    • Netflix (NFLX) CEO Reed Hastings made an interesting disclosure on the phenomenon known as binge viewing during his talk at the Google Zeitgeist event.
    • The exec notes most streaming customers watch Netflix as if they were reading a book - a chapter at a time on their own schedule.
    • Even if binge viewing is more of a media sensation than the normal practice of consumers, the ability of Netflix to allow TV viewers to play catch-up was credited by execs at AMC Networks on the heels of its Emmy win and success for Breaking Bad which started off as a ratings dud.
    • What to watch: The symbiotic relationship between Netflix and broadcasters (CBS, DIS, AMCX, VIAB, CMCSA) is part of the thesis on why the company won't be squeezed out.
    | Sep. 24, 2013, 8:22 AM | 7 Comments
  • Sep. 23, 2013, 7:55 AM
    • Disney (DIS) continues to shift its movie strategy away from big high-risk, high-return tentpole films to lean even more heavily on franchise films from Lucasfilm and Marvel Entertainment.
    • In the last week, the company decided to end a partnership with Jerry Bruckenheimer and adjust its release schedule.
    • What to watch: The top brass at Disney will increasingly seek to avoid any costly mistakes, a plan that could mean pushing out the release window of even more films and some box office revenue as a result.
    | Sep. 23, 2013, 7:55 AM | 1 Comment
  • Sep. 23, 2013, 5:07 AM
    • Time Warner's (TWX) HBO has won the most primetime Emmy Awards this year, picking up 27 trophies, including for "Veep," "The Newsroom," and "Boardwalk Empire."
    • AMC Networks (AMCX) won best drama for "Breaking Bad."
    • CBS's (CBS) Showtime picked up seven awards, including best actress for Claire Danes in "Homeland." In total, CBS won 16 trophies.
    • Disney's (DIS) ABC garnered four prizes, such as for best comedy for "Modern Family."
    • Netflix (NFLX) won three Emmys out of 14 nominations, the key one being a best director nod for David Finch for "House of Cards." The victory was the first win in a major category for an online video distributor and further cemented Netflix's status as a contender in Hollywood.
    | Sep. 23, 2013, 5:07 AM | 4 Comments
  • Sep. 20, 2013, 9:21 AM
    • Nielsen (NLSN) says it will finally get around to including viewer totals on mobile devices in its ratings for the Fall 2014 season.
    • The development will obviously help boost viewership counts and could create some leverage for broadcasters (DIS, CMCSA, FOXA, CBS, SBGI, BLC, NXST) to then hike ad rates.
    • The company doesn't plan to include Netflix and Hulu in its rating tallies just yet.
    | Sep. 20, 2013, 9:21 AM
  • Sep. 20, 2013, 7:39 AM
    • Disney (DIS) says it will part ways with heavyweight producer Jerry Bruckenheimer by not renewing a "first-look" contract in 2014.
    • The company maintains the decision is unrelated to the box office results of The Lone Ranger.
    • The film managed only $89M at the U.S. box office after expectations for the high-budget Western ran much higher.
    | Sep. 20, 2013, 7:39 AM | 1 Comment
  • Sep. 19, 2013, 10:01 AM
    • Broadcasters continue to fire away with legal actions against Dish Network (DISH) over its ad-skipping Hopper service.
    • After winning a battle yesterday against ABC (DIS -1.1%), Dish continued its streak of courtroom wins - but still faces another request for an injunction filed by 21st Century Fox (FOXA -0.3%).
    • In another ruling outside of the Hopper issue, Dish didn't fare quite as well. A judge denied the company's request to squash an attempt by CBS (CBS +0.4%) to get out of an existing retransmission agreement.
    | Sep. 19, 2013, 10:01 AM | 1 Comment
  • Sep. 19, 2013, 9:29 AM
    • Morgan Stanley moves Disney (DIS) down to an Equal-weight rating on concerns the company lacks near-term catalysts.
    • With no Pixar movies set to be released next year due to a delay in the studio's launch schedule, more investment firms could tweak their 12-month price targets on the House of Mouse.
    • DIS -1.1% premarket.
    | Sep. 19, 2013, 9:29 AM | 2 Comments
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