toptestmotor.com
toptestmotor.com Diciembre 15, 2019


Disney Buys BAMTech To Launch ESPN-Branded And Disney-Branded Streaming Services

09 Agosto 2017, 06:48 | Fidele Alvizo

Disney also announced that it would end its agreement to release new movies for streaming on Netflix, starting with 2019 titles.

ESPN will be a focus again when Disney reports earnings Tuesday afternoon for its fiscal third quarter, which is a traditionally weak period for the media industry due to seasonal impacts.

The start dates are for the U.S., but Mr Iger said Disney expects to pursue similar moves in other markets around the world.

Iger told CNBC that Disney had chose to exercise a clause in its contract with Netflix that will see its output removed from the streaming service. Over the past 2 quarters, The Walt Disney Company (NYSE:DIS) is down -2.94%, compared with a fall of almost -4.55% for 3 months and about 2.93% for the past 30 days. The former will kick things off with Disney's 2019 slate of films, which includes Toy Story 4, the sequel to Frozen, and the live-action The Lion King, along with other movies and TV shows. It's bad news for all of our wallets, but great news for major companies who are sick of Netflix having all the fun. In 2012, the streaming service and entertainment company secured a streaming deal with Disney, but the deal only went into effect in 2016. Disney already owns a stake in the company, but will throw another $1.58 billion its way to land an additional 42 percent, T.H.R. notes. Originally launched in 2000, the MLB's interactive media and Internet company was created to run the league's team websites. The service was started by Major League Baseball, which remains a minority owner along with the National Hockey League. In the same quarter of previous year, Disney announced a $1 billion stake in the streaming service.

These moves into digital distribution and online technology will give Disney more flexibility and increased control over its own future, Iger said.

BMO Capital Markets has a Sell rating with a $95 price target. "It is high time we got in the business, particularly with the technology available to us, to accomplish that".

The Walt Disney Company (NYSE:DIS) stock shows moves down of -1.46% and traded at a price of $107.53 in preceding trading session.

Disney is struggling to increase its revenues, as ratings and cable subscriptions fall and it looks for box office hits that can beat its success a year ago. The company had revenue of $13.34 billion for the quarter, compared to the consensus estimate of $13.44 billion. Estimize contributors on average expect revenue to come in at $14.54 billion.

Several other hedge funds have also modified their holdings of DIS. Norges Bank bought a new position in Walt Disney Company (The) during the fourth quarter worth approximately $1,507,183,000.

Parks and Resorts revenues for the quarter jumped 12% to $4.9 billion, and segment operating income in that unit surged 18% to $1.168 billion. For now, DIS is the toast of Wall Street as its ABR stands at 2.40 with 6 out of 31 analysts rating the stock a buy.



Otras noticias

Tendencias Ahora

Today's Editorial: August 21 eclipse a warmup for 2024 here
As the excitement for the solar eclipse builds, some people are shelling out money to purchase glasses to watch the eclipse. The academy is also looking for citizen scientists to help with a program documenting how animals respond to the eclipse.

We are moving towards Congress-free Gujarat: BJP
BJP President Amit Shah, one of the four contestants for the three vacant seats will stand against Ahmed Patel from Congress. Vaghela went on to say that Patel would not even secure 40 votes, five short of the magic figure of 45 to win the polls.

Rory McIlroy is the player ot beat at the PGA Championship
He is 0-for-3 while trying to wrap up the career Slam by winning the Masters . "JP has been a huge part of my life", McIlroy said. A double-major calendar year for Garcia would be great for him but even better for the sport.

Samsung Galaxy Note 9 Tipped For Fingerprint Scanner Under Screen
At least the flash separates the fingerprint scanner from the cameras, so owners won't get fingerprints all over the camera lens . As per the reports , Apple and Samsung are going to implement the in-screen fingerprint scanner which is the tricky feature .

Samsung's Galaxy S8 Active Arrives Exclusively at AT&T This Week
The Galaxy S8 Active seems to be the rugged version of Galaxy S7 Edge but has a bigger battery and it is more durable. As we mentioned previously, there is a USB Type-C port on both devices, along with a 3.5mm headphone jack.

Chants to Lock Hillary Up 'Inappropriate — GOP Sen Flake
That ignored the fact that Republicans tried to pass the health care bill under rules that required only a simple majority. There has been no movement on legislation to finance the rebuilding of roads, bridges, airports and other infrastructure.

Chelsea succumb to Arsenal in FA Community Shield
The tough questions on the pitch will start next weekend when the league season begins. Premier League champions Chelsea were beaten 4-1 on penalties after a 1-1 draw.

Obama urges Kenyan government to respect election result
Kenyatta, 52, is the son of Kenya's first president, Jomo Kenyatta, and a longtime participant in the country's political life. But with elections dictated largely by tribal alliances, Kenyatta might still have the votes he needs to win.

Jon Jones Calls Stipe Miocic Bout 'Not A Real Super Fight'
During the Live Audio Wrestling podcast, Dave Meltzer stated that there is interest for the fight to occur from both parties. And then I wound up doing it to someone I care a great deal about.

Paulie Malignaggi: 'I heard Conor McGregor whimper'
Here's a guy who came into the McGregor camp with the sole intention of helping him prepare for the biggest fight of his career. Mayweather has come out of retirement for the match, likely to be the biggest, glitziest non-title fight in history.