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INX:DIS, Dec 14, 11:07 UTC

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Where Does Hulu Go From Here?

DIS

Stephen Lovely, The Motley FoolMotley FoolDecember 13, 2018, 3:17 AM GMT. When Walt Disney(NYSE: DIS), 21st Century Fox(NASDAQ: FOXA), Comcast's(NASDAQ: CMCSA) NBCUniversal, and AT&T(NYSE: T) came together to launch Hulu, it was the first streaming video on demand (SVOD) service to seriously challenge Netflix, the service that essentially invented the business space. But more than a decade later, Hulu's future is in question. Comcast owns 30% through NBCUniversal, and AT&T owns 10%. But Disney's acquisition of 21st Century Fox also gave it the stable of media properties it needed to launch an attack on Netflix. Comcast was an equal partner in Hulu back when Disney and 21st Century Fox were separate entities that each held 30%. A sale to Comcast seems more logical: it would give Disney cash for its superfluous streaming service while giving Comcast a service to combine with its studios into a Disney- and Netflix-like cocktail. But Disney seems content to hold on to Hulu for now -- perhaps because Disney+ is arriving so soon.

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Tuesday, December 11


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Disney Stock Is Still One of the Happiest Places on Wall Street

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In late October, I shared a trade to go long Disney (NYSE:DIS) stock and to get paid quickly. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. But in the past few weeks, we’ve had reprieves on both of these headlines. Considering the environment, and that the S&P 500 is struggling to stay flat, Disney stock has held its own — up 5% in a year. They don’t ring bells to indicate obvious entry points. But homework says that a proven stock like DIS has upside potential because the macroeconomic conditions still favor upside in the stock markets.

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Disney's Box Office Results Boost Studio Entertainment Unit

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The Walt Disney Company DIS has hit a milestone at the global box office yet again by touching $7 billion in year-to-date ticket sales.Disney Animation’s flick Ralph Breaks the Internet reached the zenith of the top 10 weekend domestic box office estimates, pulling the company through the $7 billion mark.This comes a couple of years after the company had broken the $6.9 billion record set by Comcast’s CMCSA Universal Studios, with a string of top-grossing films like Rogue One, Finding Dory, Captain America and Zootopia.Marvel’s Avengers: Infinity War, Black Panther and Ant-Man and the Wasp, Pixar’s Incredibles 2 and Lucasfilm’s Solo: A Star Wars Story were among the other revenue pulling films for Disney this year.Moreover, with Mary Poppins Returns releasing on Dec 19, Disney might outpace the domestic gross of $3 billion and hit another industry record.Focus on Studio EntertainmentDisney’s Studio Entertainment segment, which produces the animated and live-action motion pictures, direct-to-video programming, musical recordings and live stage plays, is a significant revenue generator.A part of Disney’s tradition of producing top-grossing animated and superhero films can be attributed to the strategic acquisitions it makes from time to time. These assets have delivered most of the top-grossing films this year.These acquisitions have proven to be profitable for the company, which has generated $10 billion in revenues only from its Studio Entertainment segment at the end of fiscal 2018, increasing 19% year over year. The Walt Disney Company Revenue (TTM) | The Walt Disney Company Quote. Moreover, in the final quarter of fiscal 2018, the Studio Entertainment segment’s operating income surged 173.4% to $596 million.Rise in operating income was driven by strong growth in theatrical, TV/SVOD and home entertainment distribution and lower film cost impairments.The interesting lineup of movies next year, including Captain Marvel, Dumbo, Aladdin, The Lion King, Toy Story 4 and the next Avengers film, is expected to deliver yet another year of massive hits and impressive segmental performance.Zacks Rank & Stocks to ConsiderDisney currently has a Zacks Rank #3 (Hold).A couple of better-ranked stocks in the broader Consumer Discretionary sector are PCM, Inc. PCMI, and Churchill Downs, Incorporated CHDN, each flaunting a Zacks Rank #1 (Strong Buy).

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Cabot Wealth Management Inc. Lowers Stake in Walt Disney Co (DIS) – Fairfield Current

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Cabot Wealth Management Inc. cut its holdings in Walt Disney Co (NYSE:DIS) by 3.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. In other news, EVP Brent Woodford sold 961 shares of Walt Disney stock in a transaction dated Monday, October 1st. Insiders have sold a total of 77,886 shares of company stock worth $9,284,819 in the last quarter. Imperial Capital upgraded Walt Disney from an “in-line” rating to an “outperform” rating and lifted their price objective for the stock from $113.00 to $129.00 in a research report on Tuesday, November 27th.

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Sunday, December 09


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Disney's Acquisition of Fox Nears the Finish Line

DIS FOX

On Dec. 14, 2017, media giant The Walt Disney Company(NYSE: DIS) announced its intention to acquire certain assets from Twenty-First Century Fox(NASDAQ: FOX)(NASDAQ: FOXA) in a deal valued at $52.4 billion. Disney eventually emerged victorious, with a cash and stock bid of $71.3 billion. Since then, there's been a lot going on behind the scenes, as Disney prepares to bring Fox into the fold. Regulatory approval wasn't a given. While Disney did a certain amount of groundwork to ensure that the deal would ultimately be approved, there were no guarantees. The U.S. Department of Justice (DOJ) challenged AT&T's proposed acquisition of Time Warner, though the merger was eventually approved by the courts. Even after that victory, the DOJ is appealing the verdict.

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Saturday, December 08


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Cord-Cutting Cuts Deeply Into Disney

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Rich Duprey, The Motley FoolMotley FoolDecember 8, 2018, 9:33 PM GMT. If you want to see the impact streaming is having on the entertainment industry, look no further than the annual report from Walt Disney(NYSE: DIS), which shows the multimedia giant suffered steep, across-the-board declines in subscribers on all its pay TV properties. While it has been able to offset some of the losses through the launch of services like ESPN+ and is planning for the eventual dissolution of cable with its own streaming service start-up next year, the broad-based nature of viewer defection continues to have an impact. Disney's media division was once again the company's worst-performing unit. While movies and theme parks continue to shine, U.S. cable programming remains a dismal swamp of decline, with each of its properties losing millions of subscribers in the company's fiscal 2018, which ended in late September. Though Disney more than made up for the 13 million losses in the table above in gains in the international market -- adding a combined 24 million new subscribers overseas for ESPN, Disney Channel, Disney Junior, and Disney XD -- the domestic market continues to contract. Looking longer term, Disney has reportedly lost 13 million subscribers over the last five years at its premier ESPN channel, which says a lot about the impact cord-cutting is having, because the sports channel remains a key component of most cable packages. While 2018's losses may point to a slowing in the rate of decline, things are still bleak.

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Friday, December 07


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American Campus Communities and Walt Disney World Resort Celebrate Commencement of Construction on Disney Internships & Programs Future Housing

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“When we first launched American Campus Communities in 1993, we travelled around the country with four poster boards, sharing our vision for the student experience. “The college students who have been part of our college and internship programs have helped make magic for millions of our Guests for more than three decades,” said Kristi Breen, vice president of Disney International Campus Programs. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. As of September 30, 2018, American Campus Communities owned 168 student housing properties containing approximately 103,500 beds. Walt Disney World Resort is a contiguous, nearly 40-square-mile, world-class entertainment and recreation destination featuring four theme parks (Magic Kingdom, Epcot, Disney's Hollywood Studios and Disney's Animal Kingdom); two water adventure parks (Disney's Blizzard Beach and Disney's Typhoon Lagoon); 36 resort hotels (26 owned and operated by Walt Disney World, includes eight Disney Vacation Club resort properties); 63 holes of golf on four courses; two full-service spas; Disney's Wedding Pavilion; ESPN Wide World of Sports Complex; and Disney Springs, an entertainment-shopping-dining district.

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Hulu now lets you pay with Venmo, if you're a new subscriber

DIS PYPL

Hulu now lets you pay with Venmo, if you're a new subscriberCurrent Hulu subscribers will be able to switch over at some point, too. It's only for new sign-ups at the moment, but Hulu says current customers will be able to use Venmo to pay their monthly penance in due time. Beginning today, if you have a Venmo account, you'll be able to sign up for a new Hulu account and then pay with Venmo in just a few clicks – no need to pull out your credit card and type in your card number. Just use your mobile Web browser to sign up for Hulu and select Venmo as your payment option. From there, your Venmo balance or linked payment method will be used for your monthly recurring subscription. For those of you who are existing Hulu subscribers, you will soon be able to switch your payment preferences to Venmo too.

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Thursday, December 06


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Walt Disney (DIS) Gains As Market Dips: What You Should Know

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Walt Disney (DIS) Gains As Market Dips: What You Should Know. Walt Disney (DIS) closed the most recent trading day at $114.32, moving +1.28% from the previous trading session. DIS will be looking to display strength as it nears its next earnings release, which is expected to be February 5, 2019. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $15.29 billion, down 0.42% from the year-ago period. For the full year, our Zacks Consensus Estimates are projecting earnings of $7.04 per share and revenue of $60.40 billion, which would represent changes of -0.56% and +1.63%, respectively, from the prior year.

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Disney doll factory in China investigated over treatment of workers

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LONDON, Dec 6 (Thomson Reuters Foundation) - A Chinese factory making Disney and Fisher-Price dolls is being investigated over its treatment of workers by an ethical scheme for the toy industry, sparking calls by activists on Thursday for consumers to think twice when buying gifts over Christmas. An investigation by human rights groups Solidar Suisse and China Labor Watch found that staff at a toy factory in Heyuan, China, were working illegal overtime, receiving no holiday or sick pay, and often earned less than 1 pound ($1.27) per hour. The mostly female workforce at the Wah Tung factory - which has been certified by responsible sourcing scheme the Ethical Toy Program (ETP) - make toys for Disney, Mattel's Fisher-Price brand and other global companies, according to the two groups. Neither Disney nor Mattel were immediately available to comment. Workers at the factory make a Princess Ariel doll - from Disney's animated tale "The Little Mermaid" - which sells online for 35 pounds, yet receive an average of just 1 pence per toy, said the Guardian newspaper which first reported the story. While such findings are concerning, they are not uncommon, according to Joanna Ewart-James - executive director of anti-slavery network Freedom United - who urged the public to challenge companies that profit at the expense of their workers.

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