The Walt Disney Company (DIS) - NYSE
  • Aug. 2, 2013, 8:24 AM
    • DreamWorks Studios and Disney (DIS) are expecting to take some flak from Wikileaks over the movie The Fifth Estate which portrays Julian Assange and his well-known website.
    • Assange called the film a "massive propaganda attack," but analysts think the recent Edward Snowden-NSA headlines and Assange's rants could help drum up interest.
    • The DreamWorks title will be released on October 18 through Disney's Touchstone label.
    | Aug. 2, 2013, 8:24 AM | 1 Comment
  • Jul. 31, 2013, 3:21 PM
    • Hulu (DIS, CMCSA, FOXA) CEO Andy Fossell notes in a blog post that the company will have released 20 original shows by the end of the fiscal year.
    • He also says the number of first-run titles will double in the next couple of years.
    • New show trailers: The Awesomes, Quick Draw, The Wrong Mans.
    | Jul. 31, 2013, 3:21 PM
  • Jul. 31, 2013, 11:05 AM
    • Comcast (CMCSA +5.7%) says theme park sales rose 1.1% in Q2 to $546M as the sector continues to see steady pace of growth in traffic and guest spending. The YTD pace of 5.9% growth better reflects the shift of a major holiday to Q1 this year.
    • Sector watch: Six Flags (SIX +0.1%), SeaWorld (SEAS +0.5%), Cedar Fair (FUN +0.5%), and Disney (DIS +1.3%) have seen much of the same consistent theme park growth this year - although Q3 will be closely watched to see if the tragic death of a park visitor at Six Flags had any impact on traffic.
    | Jul. 31, 2013, 11:05 AM
  • Jul. 30, 2013, 2:50 PM
    • NBC (CMCSA) landed advertising rates 7% to 8% higher than last year for the upcoming TV season. The $2.1B lined up for prime-time shows is up 15% Y/Y.
    • CBS (CBS) worked out a 6%-7.5% increase for upfront ad sales and had the largest overall take with $2.6B reeled in for prime-time commitments.
    • Fox (FOXA) hauled in $1.8B for its 15 hours of prime time programming, while ABC (DIS) is still out filling up its ad inventory.
    | Jul. 30, 2013, 2:50 PM
  • Jul. 26, 2013, 10:22 AM
    Would you pay $30 a month to watch ESPN? That's the figure derived by Needham in a report it issued studying what would happen if an a la carte system was adopted in the cable/satellite industry. According to industry executives, Disney's (DIS) sports juggernaut is holding the pay-TV model together and consumers would get slammed with higher fees and less choices if a la carte became a reality. What to watch: ESPN earns the highest carriage fees in the industry at $5.54 per subscriber, but NBC (CMCSA) and 21st Century Fox (FOXA) are trying to break up the network's dominance.
    | Jul. 26, 2013, 10:22 AM | 11 Comments
  • Jul. 24, 2013, 4:59 PM

    Hulu's owners (DIS, CMCSA, FOXA) have called off talks to sell a 25% stake to Time Warner Cable (TWC) after failing to agree on price, Reuters reports. The news service adds talks could resume, but none are currently planned. The report comes less than 2 weeks after Hulu's owners announced they aren't selling the company, and will provide it with a $750M cash infusion to buy more content (much of it coming from the owners themselves).

    | Jul. 24, 2013, 4:59 PM
  • Jul. 15, 2013, 2:06 AM
    Time Warner Cable (TWC) was still in talks to acquire a holding in Hulu even after an auction for the video-streaming service was abandoned, Bloomberg reported over the weekend, and an agreement could be reached within two weeks. The speculation appears to contradict a statement on Friday from Hulu's owners - Fox (FOXA), Disney (DIS) and Comcast (CMCSA) - that they "will maintain their respective ownership positions" in the video-streaming service. In the auction, TWC had bid for a 25% stake.
    | Jul. 15, 2013, 2:06 AM
  • Jul. 12, 2013, 1:26 PM

    Hulu's old media owners (DIS, CMCSA, FOXA) have decided not to sell the company, or even a stake in it, and will instead provide a $750M cash infusion while maintaining their current equity positions. Reported demands for a slew of streaming/licensing restrictions likely helped scuttle buyout/investment talks with the likes of DirecTV (DTV), Time Warner Cable (TWC), and AT&T/Chermin (T), much as they helped scuttle 2011 talks. Netflix (NFLX +4.4%) is probably pleased. (previous)

    | Jul. 12, 2013, 1:26 PM | 18 Comments
  • Jul. 12, 2013, 8:32 AM
    Yahoo (YHOO), ESPN (DIS), and CBS (CBS) are the undisputed leaders in season-long fantasy sports games, but a thriving market for short-term fantasy sports games threatens to steal their thunder. The daily and weekly varieties of fantasy sports games allow players to jump in and out easily to help boost the revenue for the startups currently ruling the niche. Though legal and tax questions have kept the big three media companies from jumping in, if Congress opens up online gambling in the future they could see fantasy-related sales thrive.
    | Jul. 12, 2013, 8:32 AM
  • Jul. 12, 2013, 7:43 AM

    Disney's (DIS) top theme parks exec says electronic wristbands at Walt Disney World helped boost guest spending in a test program. The innovation consolidates park admission tickets, hotel keys, and credit cards and can be used with the wave of a hand. Expect a full rollout at WDW by the end of the year.

    | Jul. 12, 2013, 7:43 AM
  • Jul. 11, 2013, 9:30 AM

    Disney (DIS) released The Lion King film in 1994 but it's still cashing checks from the powerful franchise as it draws in new generations. Disney Theatrical Productions says the Broadway adaption soared over the $1B mark in box office receipts since launching in 2002. What to watch: Spiderman didn't do so bad in Times Square either, leaving Disney watchers wondering just how much money Iron Man, Captain America, Luke Skywalker, and Chewbacca (?) could score when developed as a road show.

    | Jul. 11, 2013, 9:30 AM | 1 Comment
  • Jul. 11, 2013, 7:28 AM

    JPMorgan backs its Overweight rating on Disney (DIS) despite the below-par box office results for The Lone Ranger. Most investment firms forecast the company will take a charge in Q4 to account for the film's failure to make back its production budget ($55M box vs. +$250M budget), but Disney has so many irons in the fire that the long-term outlook is as solid as ever. DIS +1% premarket to $65.56.

    | Jul. 11, 2013, 7:28 AM | 2 Comments
  • Jul. 9, 2013, 3:31 AM

    Hulu has reportedly received acquisition offers from DirecTV (DTV) and a consortium comprising Guggenheim Digital Media and private-equity firm KKR (KKR), as well as from a group made up of AT&T (T) and Chernin. Time Warner Cable (TWC) offered to acquire a stake and become an investor alongside Hulu's owners, 21st Century Fox (FOXA), Disney (DIS) and Comcast (CMCSA). There's no word on bid amounts, although DirecTV has offered over $1B in the past.

    | Jul. 9, 2013, 3:31 AM
  • Jul. 8, 2013, 7:33 AM

    Credit Suisse backs its Outperform rating on Disney (DIS) on the company's myriad of revenue drivers which include ESPN, Shanghai Disney, and Lucasfilm. The investment firm adds a buck to its price target on Disney to take it to $74. DIS +0.5% premarket to $64.12.

    | Jul. 8, 2013, 7:33 AM
  • Jul. 7, 2013, 8:20 PM
    Despicable Me 2 from Comcast's (CMCSA) Universal Studios made mincemeat out of Disney's (DIS) The Lone Ranger at the box office, pulling in an impressive $142.1M during the extended July 4th weekend compared to the below-estimates $48.9M for the Johnny Depp film. Though Alan Horn sits as the chairman of Walt Disney Studios, the exec is likely to be spared most of the criticism for the film's poor reception because The Lone Ranger project was inherited from the previous regime. What to watch: Horn will hang his hat on the three Star Wars movies and several Lucasfilm spinoffs on the agenda which could make Disney's big foray (+$250M budget) into westerns just a blip on the radar.
    | Jul. 7, 2013, 8:20 PM | 8 Comments
  • Jul. 7, 2013, 1:09 AM

    AT&T (T) and Chernin Group have reportedly submitted a joint offer to acquire Hulu from Disney (DIS), 21st Century Fox (FOX) and Comcast (CMCSA), although it's not clear if the previous suitors of the Internet video service made bids ahead of the deadline on Friday for binding proposals. Those suitors include DirecTV (DTV), Yahoo (YHOO), Time Warner Cable (TWC) and KKR (KKR). Chernin is led by Peter Chernin, who founded Hulu when he was a senior exec at News Corp. (Previous)

    | Jul. 7, 2013, 1:09 AM | 13 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