What do you think about the goings-on with Disney and Charter? I'm not totally into it, but I know it was moving the market and streaming companies on Friday. I didn't take the time to look up how much Disney $DIS profits through Charter, and Charter pays Disney $2.2 billion a year in programming fees alone.
Investors will probably be attracted, but the company will probably not be happy. The stock is dropping nicely and I'll probably overbought again😁. Thanks for the info.
People in the U.S. are starting to use streaming platforms more and more on TV and less and less on radio and cable. Time spent using streaming platforms on TVs is growing and currently accounts for 38.7% of total TV usage.
What two companies would you recommend to a novice investor at this time? Obviously $GOOGL$AAPL etc is great, but those are at a great price right now. I say maybe $O might be a nice buy right now, or even $DIS.
I would probably recommend $AAPL and $CVS. However, I don't think you can say it like this. Everyone likes something different and every investor should do their own analysis and calculate the intrinsic value of the stock. So if someone wanted to invest in stocks, I would start with bluechips stocks.
I noticed that the $DIS subscription system is about to change. Making it more expensive and removing account sharing, do you think this will lead to an exodus of users?
I don't think it's going to have any extra effect either. What though I have $DIS so but is the main thing in my opinion I think is the content. So I don't have either, no time to watch it but when I see it at my girlfriend's place, Netflix just has that content more, better quality ...yeah Disney has a lot of cartoons and that's great but kids today have social media mostly and they don't watch cartoons much anymore I think.
Disney $DIS revenue increased 3.8% year-over-year. The company generates revenue from two segments, media and entertainment and parks, experiences and products
Media and Entertainment segment revenue decreased 0.8% year-over-year to $14 billion. Analysts were expecting USD 14.36 billion.
Parks, Experiences & Products segment revenue increased 13% year-over-year to $8.33... Read more
To follow up on my post yesterday - AI and Disney $DIS results.
According to the results released for the second quarter of fiscal year 2023, The Walt Disney Company posted a 4% year-over-year increase in revenue to $22.3 billion (narrowly missing estimates). Net income per share excluding extraordinary items was $1.03, down 6% from $1.09 last year.
AI sees it clearly with Disney's $DIS results, saying it has as much as a 77% chance of beating EPS estimates, while giving "only" a 37% chance of beating on revenue.
That's how the analysts see it 👇
The consensus revenue figure is set at $22.44 billion, suggesting a 4.34% growth from the previous quarter. For EPS, they are counting on $0.99.
Jj as you Paul's first comment, I too would be more inclined to drop the price since I've read about the decline in their users. I have $DIS liked and invested, with the eventual drop I will be buying further. However, the AI rating looks interesting and it would be nice if it worked out, I might think about doing something speculative on it tonight before the close. 🤔 ...I wonder what the camps are, how many people are expecting what.
Disney $DIS, which owns the ESPN television station, has held initial discussions about strategic partnerships with the NBA and NFL. These partnerships could mean that the sports leagues will acquire an ownership stake in ESPN.
Disney extends CEO Bob Iger's contract through 2026
This, dare I say, popular and well-known company that is still unhappy with its price tag and "transformation" is keeping its CEO, who has had a good track record in his position, for another few years.
I didn't expect anything else and that's why I was also increasing my position. Bob Iger has certainly earned and enjoyed a well-deserved retirement and yet he still has the motivation to take this company even further than he did in his previous tenure. While I am under no illusions and suspect that the money offered still plays a role for him, I suspect that it is more important for him in the current situation to show that he still has it and Disney will outlive us all.
But it's going to take a lot of work to do that, especially on content, because that's what matters in the first place and if you have mediocre service and product, even the best management has no chance of saving you from encroaching competition.
A summary of the news over the last few days around the US.
Recession, recession, recession. We hear it over and over again, even if you plug your ears. I've been hearing it a lot lately, so let's see what the situation is. Recent statements from economic strategists.
The companies you listed have been on sale for a long time. I guess I'm fine with this situation, I'll just keep shopping cheap. I bought another $PFE today. Thanks for the recap!
These are the three biggest streaming platforms that have been competing quite a bit in recent years.
While$WBD competes with Netflix and Disney, I don't like the stock of this company at all. Over its entire history, the stock has been in the negative, which is not pretty at all, and it pays no dividend. Thus, I don't see much potential with this company... Read more
The price is very tempting and I'm going to buy a little more next week :).