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ESPN, Box Office Could Weigh On Disney
Friday, January 15, 2016 - 9:09am | 236Read More...Walt Disney Co (NYSE: DIS) was downgraded in a Barclays note Friday morning from Equal-Weight to Underweight on concerns of valuation compression. Analyst Kannan Venkateshwar said the risk for Disney earnings next year hinges on ESPN changing to a fractured media environment and box office...
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'Star Wars' May Not Save Disney
Wednesday, January 6, 2016 - 9:32am | 445Read More...There's no question that Walt Disney Co (NYSE: DIS) struck gold with its latest Star Wars film "Star Wars: The Force Awakens." The movie broke records around the world as fans flocked to cinemas in droves to watch it and merchandise relating to the film became a popular holiday gift item. However,...
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Why Did Macquarie Just Downgrade Disney?
Tuesday, January 5, 2016 - 4:12pm | 305Read More...Walt Disney Co (NYSE: DIS) on Tuesday was downgraded by Macquarie Research to Neutral from Outperform. The firm set a $100 price target on the stock. The stock was down 2 percent at $100.97 in mid-afternoon trading. Disney was downgraded for the most part over the firm having difficulty pushing...
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FBR: Disney Analysts Shouldn't Assume Lower Profits In 2017
Monday, December 21, 2015 - 10:35am | 369Read More...Walt Disney Co (NYSE: DIS) shares have appreciated 14.21 percent year-to-date, trading close to their 52-week high on August 4 at $121.69. Barton Crockett of FBR & Co. has maintained an Outperform rating on the company. Although Disney bears argue that the strength of "Star Wars...
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Within 3 Years, 20% of U.S. Households Will Not Subscribe To Cable Or Satellite TV
Thursday, December 10, 2015 - 11:45am | 492Read More...According to an eMarketer report, the cord-cutting trend is set to accelerate in the United States. EMarketer noted that by the end of 2016, the number of U.S. households subscribing to cable or satellite will dip below the 100-million mark. The report stated that by 2018, one in five U.S....
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NFL Commissioner Roger Goodell Spotted With Yahoo Execs: Is The League Going To OTT?
Wednesday, November 18, 2015 - 11:18am | 658Read More...Yahoo! Inc. (NASDAQ: YHOO) in October live streamed an NFL game that attracted 15.2 million unique viewers. ESPN noted at the time that the NFL's agreement with CBS Corporation (NYSE: CBS) for Thursday night games is only a one-year deal. Could the NFL ditch traditional cable networks...
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FanDuel, DraftKings Are Banned In New York: Here Is A List Of Equity Investors That May Be Affected
Wednesday, November 11, 2015 - 1:32pm | 701Read More...The state of New York has banned DraftKings and FanDuel, two fantasy sports betting sites. New York Attorney General Eric Schneiderman said the sites accept money from clients who illegally bet on sporting event outcomes. The list of companies with ownership stakes in DraftKings and FanDuel are...
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Yahoo Scores Touchdown With NFL's Live-Streamed London Game
Monday, October 26, 2015 - 11:51am | 486Read More...Yahoo! Inc. (NASDAQ: YHOO) offered a live stream of Sunday's NFL game featuring the Jacksonville Jaguars and the Buffalo Bills. Yahoo's streaming offering attracted 15.2 million unique viewers, 33 percent of which were international users. Yahoo partnered with more than 30 top...
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Attorney General Opens Fantasy Sports Investigation
Wednesday, October 7, 2015 - 3:16pm | 545Read More...New York Attorney General Eric Schneiderman has opened a probe of daily fantasy sports sites DraftKings and FanDuel. In response, sponsors – including MLB and ESPN – have begun to distance themselves from the two sites. It’s too early in the investigation process to predict what...
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Macquarie Remains Bullish On Disney, Notes Three Near-Term Catalysts
Monday, August 31, 2015 - 11:13am | 363Read More...Shares of Walt Disney Co (NYSE: DIS) fell around 16 percent over the past few weeks after hitting an all-time high of $122.08. The selloff was a direct result of: The company's third-quarter report, which contained cautious commentary and forward looking guidance guidance. A ...
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Thinking About Investing In Media Stocks? Read This First
Monday, August 10, 2015 - 2:09pm | 381Read More...The media stocks sector have lost almost 10 percent in the past few days. Anthony DiClemente, Nomura senior analyst, was on CNBC Friday to reveal the criteria that these stocks must fulfill for an investor to buy them. He also discussed what kind of stocks to avoid. 3 Filters For Investing In...
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Disney CEO Sheds Light On ESPN, Broader Cable TV Trends
Thursday, August 6, 2015 - 4:05pm | 456Read More...Following the company’s Q2 earnings report, Walt Disney Co (NYSE: DIS) CEO Bob Iger discussed several key issues for the company in coming years. Iger discussed the role ESPN will play in a rapidly evolving pay-TV environment, the implications of “cord-cutting” and Disney...
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Here's Why Disney Shareholders Don't Need To Fret About ESPN
Thursday, August 6, 2015 - 11:18am | 361Read More...Although second-quarter numbers reported by Walt Disney Co (NYSE: DIS) were not extremely bad, shares took a big hit on Wednesday on concerns that the company's most profitable arm -- ESPN -- maybe losing some of its sheen. Disney CEO Bob Iger revealed in the conference call what some...
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Is Disney The Apple Of Media And Entertainment?
Wednesday, August 5, 2015 - 2:59pm | 588Read More...Walt Disney Co (NYSE: DIS) fell sharply Wednesday after the company reported mixed earnings results Tuesday afternoon. Shares of Disney were down more than 8 percent as of 2:56 p.m. EST. Some analysts are blaming ESPN and its reported cost-cutting measures. Are investors justified, or has...
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Disney CEO Agrees That ESPN Business Model May Face Streaming, OTT Challenges
Monday, July 27, 2015 - 3:39pm | 435Read More...With the changes happening in television viewing habits mostly due to streaming, there are concerns that one of Walt Disney Co (NYSE: DIS)'s biggest brands, ESPN, might lose some of its shine. Robert Iger, Walt Disney Company CEO, was on CNBC Monday to discuss his outlook for the channel amid...














