Nov. 4, 2014, 3:00 PM
- Media stocks are skittish after Discovery Communications lowers guidance and Dish Network CEO Charlie Ergen tips off a willingness to play hardball in carriage fee negotiations.
- Decliners: 21st Century Fox (NASDAQ:FOXA) -4.1%, Viacom (NASDAQ:VIAB) -4.0%, Disney (NYSE:DIS) -1.6%, Time Warner (NYSE:TWX) -3.5%, CBS (NYSE:CBS) -3.9%, AMC Networks (NASDAQ:AMCX) -3.3%, Lion's Gate (NYSE:LGF) -2.6%.
- The PowerShares Dynamic Media ETF (NYSEARCA:PBS) is -1.1% on the day.
- Previously: Dish Network gains after earnings call bravado
- Previously: Light guidance trips up Discovery Communications
Nov. 4, 2014, 2:32 PM
- Disney (DIS -1.7%) says it has sold more than 3M Frozen-related dresses this year.
- The company didn't release a sales total in dollars, although many of the items sell for more than $60.
- What to watch: Frozen was a recent phenomenon last year when the holiday season rolled around leading to some supply shortages of the princess dresses. A confident tone recently from execs at Disney's Consumer Products segment is an indication the oversight won't happen again this year.
- Previously: Elsa's momentum over Barbie extends into Q4
Nov. 4, 2014, 2:44 AM
- Starting today, Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) will allow customers who buy a Disney (NYSE:DIS) movie from either of their online stores to watch it on smartphones, tablets and other digital devices that run their rival’s operating system.
- Apple previously restricted movies, TV shows and other content to its own family of iOS devices. Google placed similar restrictions on its digital store and Android-powered devices.
- The two will pay Disney a wholesale rate for each copy of a film they sell, regardless of the devices on which people watch them.
Oct. 31, 2014, 11:47 AM
- The Barbie vs. Elsa sales trend looks to be extending into the holiday season.
- Hasbro (HAS +1.2%), Jakks Pacific (JAKK -1.4%), and Disney (DIS +1.3%) all saw a powerful sales boost from Frozen-related doll sales in Q3, while Mattel's (MAT +2.1%) Barbie brand slumped during the quarter.
- A scan of Google search tallies indicates Elsa is still taking Barbie market share just ahead of the crucial holiday season.
- Google Trends: Barbie, Elsa.
Oct. 31, 2014, 9:28 AM
- Disney theme parks operated by Oriental Land in Japan are in line for $4.5B in upgrades and expansion, according to Bloomberg.
- Disney (NYSE:DIS) receives license fees from the two parks earmarked for the investment - Tokyo Disneyland and Tokyo DisneySea.
- A large attraction based on the movie Frozen is part of the expansion plan at Tokyo Disneyland.
- Frozen is the 2nd highest grossing film ever in Japan.
Oct. 28, 2014, 2:57 PM
- Marvel announces during a live event that The Avengers 3 will be split into two movies with release dates set for May of 2018 and 2019.
- Execs also outlined a whole slate of superhero movies in the pipeline.
- Other Marvel releases: Captain America: Serpent Society (May 6, 2016), Doctor Strange (Nov. 4, 2016), Guardians of the Galaxy 2 (May 5, 2017), Thor: Ragnarok (July 27, 2017), Black Panther (Nov. 3, 2017), Captain Marvel (July 6, 2018), and Inhumans (Nov. 2, 2018).
- What to watch: Several of the premiere dates were moved up from the anticipated release windows, meaning Disney (NYSE:DIS) could see cash flow in slightly ahead of schedule.
Oct. 28, 2014, 12:44 PM
- Viacom (VIA, VIAB) says it will expand the amount of programming it offers on Hulu under the terms of a new deal.
- Series from Nickelodeon, Comedy Central, MTV, VH1, TVLand, Spike, BET, and Logo will all be added to Hulu over the coming weeks.
- Hulu is owned by Disney (NYSE:DIS), Comcast (NASDAQ:CMCSA), and 21st Century Fox (NASDAQ:FOXA).
Oct. 28, 2014, 10:45 AM
- ESPN (NYSE:DIS) reports that last night's broadcast of the Washington Redskins victory over the Dallas Cowboys delivered the highest rating for MNF since 2010.
- The ratings smash could take some of the steam out of the argument from media analysts that the MNF property has been watered down due to the busier sports programming schedule.
- ESPN commands the highest carriage fees from distributors in the business.
Oct. 24, 2014, 1:48 PM
- RBC is out with a forecast on which studios will make the most money in 2015 from selling off-network series to SVOD concerns such as Netflix (NASDAQ:NFLX), Amazon Prime (NASDAQ:AMZN), and Hulu.
- CBS Studios (NYSE:CBS) leads the pack at $179M, while Warner Bros. (NYSE:TWX) is expected to bring in $106M and Lion's Gate (NYSE:LGF) about $61M.
- Sony Pictures TV (NYSE:SNE), Fox (NASDAQ:FOXA), and ABC Studios (NYSE:DIS) are pegged to bring in $40M-$43M.
- The overall spend of the top three streamers on older series is expected to rise 31% to $6.8B next year.
Oct. 23, 2014, 11:00 AM
- Marvel Studios (NYSE:DIS) releases the trailer for Avengers: Age of Ultron after a leaked copy made the rounds online earlier this week.
- Expectations for the Avengers sequel are sky-high after the first film generated $1.519B globally to rank 3rd on the all-time box office list.
- The film debuts in the U.S. on May 1, 2015.
- Trailer (YouTube)
Oct. 20, 2014, 10:25 PM
- The top ten films in the U.S. grossed $115.4M over the weekend, up 27% from the same period a year ago.
- Sony's (NYSE:SNE) Fury was the top movie of the weekend with a $23.5M take, while 20th Century Fox's (NASDAQ:FOXA) Gone Girl impressed by taking in $17.8M in its third week at theaters. The David Fincher film crossed the $100M mark over the weekend vs. a production budget of $62M.
- YTD U.S. box office revenue -3.9% at $8.261B.
- Studio stocks: LGF, SNE, VIA, CMCSA, DIS.
- Movie exhibitor stocks: CKEC, CNK, RGC, MCS, RDI, AMC, IMAX.
Oct. 20, 2014, 3:06 PM
- Disney (DIS +2%) announces a late 2016 release window for animated feature Moana.
- The time slot is much earlier than expected for the debut of the Polynesian princess.
- The sizzling global success of Frozen could have something to do with the push by execs to get another Disney princess into the mainstream earlier.
Oct. 17, 2014, 2:26 PM
- Moody's calls the decision by CBS (CBS +2.3%) to move forward with a streaming service another step forward in the "transformation" of content delivery.
- The ratings agency thinks the product will be attractive to millennials and cord nevers, but is undermined a bit by not including NFL broadcasts.
- In an interesting pullout, Moody's predicts the service won't have a material impact on subscriber demand for SVOD concerns such as Netflix (NFLX -2.2%), Hulu, and Amazon Prime (NASDAQ:AMZN).
- Moody's also point out that content providers will have the ability to set restrictions on content delivery in order to maximize revenue streams. Disney's (DIS +2.6%) ESPN comes to mind.
Oct. 17, 2014, 11:05 AM
- It's a zero-sum game for doll sales as a sharp slide in Q3 Barbie sales for Mattel (MAT -1.1%) coincides with sizzling growth for dolls based on Disney's (DIS +2.6%) Frozen movie.
- Hasbro (HAS +0.4%) and Disney signed a doll pact in September, while Jakks Pacific (JAKK +1.1%) is also in the Frozen mix.
- Mattel is in danger of setting a 52-week low today with some retail analysts piling on a bit.
Oct. 16, 2014, 6:52 AM
Oct. 15, 2014, 11:32 AM
- Netflix (NFLX -2.6%) slid a little lower after Time Warner announced HBO would become a stand-alone service sometime in 2015.
- Though it isn't clear how much of HBO's programming will migrate over to the OTT product, the mention of the "international possibilities" of a streaming HBO is enough to catch the attention of Netflix watchers.
- The development also has implications for Hulu (DIS, CMCSA, FOXA) and Amazon (AMZN -1%) which could end us as delivery partners or direct streaming rivals, according to Re/code.
- Pay-TV operators (CHTR, CVC, DISH, DTV) are in a bit of a box by the plan and may choose to play hardball with HBO.
DIS vs. ETF Alternatives
Walt Disney Co, together with its subsidiaries, is a diversified entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive.
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