The Walt Disney Company (DIS) - NYSE
  • May 24, 2013, 3:12 PM

    Yahoo (YHOO +1.7%) throws its name into the Hulu hat to join a number of P-E firms as well as DirecTV and Time Warner Cable in the hunt. Owners Disney (DIS +0.1%), Comcast (CMCSA +0.2%), and News Corp (NWS, NWSA) will weigh the best offer, but will also want to position themselves on the content side to be protected. (Previous on Hulu-mania)

    | May 24, 2013, 3:12 PM | 16 Comments
  • May 24, 2013, 1:40 PM

    Add KKR and Silver Lake Management to the list of bidders for Hulu (CMCSA, DIS, NWS), according to Bloomberg. Earlier reports indicated Time Warner Cable (TWC -0.8%), Guggenheim Digital, and DirecTV (DTV -0.6%) are in the hunt. What to watch: Some analysts think Hulu could evolve into a payment authentication system for the cable industry, while others bet that a single media/tech company will snap up the firm to create a unique position for itself in video - either as a premium streaming service or an ad-supported content monster. Either way Netflix (NFLX -0.5%) is watching.

    | May 24, 2013, 1:40 PM | 1 Comment
  • May 24, 2013, 10:18 AM
    A group of broadcasters including Fox (NWS), NBCU (CMCSA), ABC (DIS), and Telemundo filed a copyright infringement lawsuit in Washington DC against a similar outfit to Aereo that is also offering re-transmission services to consumers. The target, subtly called Aereokiller, appears to be an easier case for the broadcasting companies to win a decision over - right in the backyard of politicians.
    | May 24, 2013, 10:18 AM
  • May 24, 2013, 6:52 AM
    Hulu (DIS, NWS, CMCSA) has received buyout offers from DirecTV and Time Warner Cable in the first round of bidding, according to the New York Post. Guggenheim Partners, which is helping the tech concern sell itself, isn't saying if P-E firms are joining the chase.
    | May 24, 2013, 6:52 AM
  • May 23, 2013, 12:59 PM
    Summer studio watch: 1) Sony (SNE): The studio has seven films coming, but no sure-fire winners although After Earth could be the sleeper in the crowd. Daniel Loeb will be watching. 2) Warner Bros: (TWX) Though bad reviews are a major risk for The Hangover Part III, Man of Steel is forecast to be major hit across demographics. If Superman delivers, a refreshed franchise could boost forecasts for TWX. 3) Universal (CMCSA): Studio heads could roll if Fast & Furious 6 and RIPD don't deliver the macho audience in a crowded field. 4) Disney (DIS): Iron Man 3 is expected to have strong legs into the summer while The Lone Ranger looks more susceptible to disappoint with it debuting up aside Despicable Me 2. Pixar's Monsters University also hits screens. (box office projections)
    | May 23, 2013, 12:59 PM
  • May 21, 2013, 1:17 PM

    Disney (DIS -0.2%) laid off employees at ESPN as part of a company-wide trimming process, according to Deadspin. The number of fired employees accounted for less than 6% of the sport channel's total workforce.

    | May 21, 2013, 1:17 PM | 9 Comments
  • May 20, 2013, 10:41 AM

    Disney (DIS -0.5%) says Lucasfilm started production on the next animated Star Wars TV series with a fall 2014 release scheduled. The launch of the series will mark the first time the mighty Disney marketing machine is behind the show and is expected to have some tie-ins to the company's studio, theme park, and consumer products segments as well as the intriguing Disney Interactive - viewed as an earnings wildcard in the Disney mix.

    | May 20, 2013, 10:41 AM
  • May 17, 2013, 4:11 PM
    DirecTV (DTV) has joined the ranks of companies weighing a bid for Hulu (DIS, NWS, CMCSA), with an eye towards expanding its arsenal of TV Everywhere content, the WSJ reports. The scoop shortly follows a report Time Warner Cable and other MSOs are talking about a possible bid.
    | May 17, 2013, 4:11 PM
  • May 17, 2013, 1:16 PM
    Disney's (DIS -0.7%) Iron Man 3 officially crossed the $1B mark in global box office sales including a smashing +$100M grab from China. A strong performance from Oz: The Great and Powerful helped the company beat estimates in FQ2 and it looks like Iron Man 3 will do some of the heavy lifting in FQ3.
    | May 17, 2013, 1:16 PM | 3 Comments
  • May 17, 2013, 9:53 AM
    Disney's (DIS -0.3%) ESPN snatched the rights to the U.S. Open tennis tournament for 2015-2025 away from CBS (CBS +2.5%) after the network aired the finals and semifinals for almost 50 straight years. It's another example of a content grab by the sports juggernaut which helps it land the highest carriage fees in the industry and adds just a bit more to the I-Would-Be-A-Cord-Cutter-If-Not-For-Sports mentality.
    | May 17, 2013, 9:53 AM | 4 Comments
  • May 17, 2013, 9:44 AM
    Hulu (NWS, DIS, CMCSA) could be even more valuable than people think due its rich user experience and advanced advertising system, reasons BTIG's Rich Greenfield. The analyst isn't convinced a cable industry joint venture would work well, but says he could make the case why almost any large media/tech company (Google?) could use Hulu to position itself in the "rapidly fragmenting" video world.
    | May 17, 2013, 9:44 AM
  • May 16, 2013, 7:00 AM
    Time Warner Cable (TWC) is in talks with other cable companies about making a bid for Hulu (DIS, CMCSA, NWS), according to the New York Post. If the cable companies can land control of Hulu they have the option of turning it into an authenticated service for paying cable customers.
    | May 16, 2013, 7:00 AM | 1 Comment
  • May 15, 2013, 11:41 AM

    Senator Mark Warner calls the bluff of broadcasters (CMCSA, CBS, DIS, NWS, NWSA) threatening they will pull their major networks off the air to cable if Aereo isn't stopped in courtroom battles by noting FCC broadcast licenses could be pulled in that scenario. With Aereo growing around like the country like a weed, and the proposed Television Consumer Freedom Act including a ban on networks converting to cable, the headaches of the industry have become a little more pronounced. Don't expect CBS head honcho Les Moonves to stay quiet on the latest development.

    | May 15, 2013, 11:41 AM | 4 Comments
  • May 14, 2013, 12:51 PM

    Almost no network has more to lose from the proposed Television Consumer Freedom Act than ESPN (DIS -0.2%), but execs remain unperturbed. ESPN President John Skipper notes the bill lacks the momentum to get through Congress. Skipper also exudes confidence over the emergence for rival sports channels from NBC and CBS by noting the long string of major sporting events ESPN has locked up for years. So far, the rival sports channels have barely dented ESPN's ratings.

    | May 14, 2013, 12:51 PM | 1 Comment
  • May 13, 2013, 11:24 AM

    Aereo says under a new pricing plan subscribers can pay $8 per month for unlimited streaming of local broadcast programming and up to 20 hours of remote DVR storage. For an additional $4 per month, users can receive up to 60 hours of storage. The counter-attack: CBS (CBS +0.3%) is busy with legal maneuvers while ABC (DIS +0.1%) says it will launch an iOS app this week that allows residents in New York and Philadelphia to watch local stations live on their iPhones or iPads.

    | May 13, 2013, 11:24 AM | 4 Comments
  • May 13, 2013, 7:37 AM

    The U.S. movie box office had a vibrant weekend to make up just a bit for the soft start to 2013. Disney's (DIS) Iron Man 3 scored another $72.5M to record the fourth best second weekend for a film ever, while counter-programmed The Great Gatsby took in $51.1M for Warner Bros. (TWX) on strong female demand.

    | May 13, 2013, 7:37 AM
Company Description
Disney Interactive Media Group (DIMG), the interactive entertainment affiliate of The Walt Disney Company, creates immersive, connected, interactive experiences across console, online, mobile and social network platforms to entertain and inform audiences
Sector: Services
Industry: Entertainment - Diversified
Country: United States