Few genres of film have been as much of a gamble for Disney as the live-action remakes of its classic cartoons. Last year alone, Lilo & Stitch grossed $1 billion and became almost as beloved as the animated original while Snow White lost an estimated $170 million and cast a dark spell on the studio due to a slew of negative coverage.
Disney (DIS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Disney+ is considering making some of its streaming library available to watch for free, according to a report from Business Insider.
The Walt Disney Company (DIS) trades at a rare discount, with a 14x earnings multiple and improving growth prospects. DIS earnings are projected to grow 10–15% annually, driven by streaming profitability, parks expansion, and robust buybacks. Management targets at least $8 billion in buybacks this year, equivalent to 5% of market cap, further boosting EPS.
Disney leaders are discussing a potential Disney+ free tier, two inside sources say. TV viewers have embraced free streamers like YouTube as paid services have become more expensive.
Streaming firm FuboTV on Thursday named Disney executive Alisa Bowen as CEO effective July 10, while removing company veteran David Gandler as top boss.
While many were skeptical of the idea of a Moana live-action remake just two years after Moana 2 was released, it is still rather stunning that the film is reviewing this badly.
The Cheetah Girls are returning to Disney for a fourth film, eighteen years after the franchise's last installment. The Cheetah Girls: Next Gen has been officially greenlit for Disney Channel and Disney+, with Raven-Symoné and Adrienne Bailon reprising their original roles alongside a new generation of stars led by Leah Sava Jeffries.
Investors with an interest in Media Conglomerates stocks have likely encountered both Walt Disney (DIS) and Pearson (PSO). But which of these two stocks offers value investors a better bang for their buck right now?
While The Odyssey dropped its social media embargo for early critic impressions nearly two weeks before release, Moana waited until the very last minute to do the same, stacking actual, full reviews the very same day. We are exactly one day before release, and those scored reviews are live.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Zacks.com users have recently been watching Disney (DIS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.