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☆ Why we’re cautiously optimistic about Disney’s new multibillion dollar theme park investment
▼ + stars: | 2023-09-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

We're cautiously optimistic about Disney 's (DIS) decision to invest billions upon billions more into its booming theme parks. DIS 5D mountain DIS stock performance. In a separate note, KeyBanc believes Disney's DPEP segment has a "bright long-term future" after its analysts attended Disney's Investors Summit. Bottom line Disney's moat is its strong intellectual property that it can use to monetize and grow its business. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: We're, Bob Iger, doesn't, Iger, He's, Morgan Stanley, KeyBanc, Jim Cramer's, Jim Cramer, Jim, Joseph Prezioso Organizations: Disney, Disney Parks, Hulu, ESPN, CNBC, Comcast, Penn Entertainment, Investments, Disney's Investors, DIS, Parks &, Anadolu Agency, Getty Locations: Hulu

☆ Here's what we think about the big time buyout interest in Disney's ABC
▼ + stars: | 2023-09-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said the affected Bronco plant at Ford (F) is a blow but not as big as it could have been had F-150 facilities been targeted. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Ford, Bob Iger's, Byron Allen, Jim Cramer's, Jim Organizations: CNBC, Federal Reserve, United Auto Workers, Detroit, Bronco, Ford, Bank of America, Disney, ABC, Nexstar, Bloomberg Locations: U.S

☆ Bob Iger's grand plan for Disney is moving fast with reported talks to sell ABC
▼ + stars: | 2023-09-14 | by ( Madeline Berg | Lucia Moses | ) www.businessinsider.com time to read: +5 min

Disney is in talks to sell ABC to Nexstar, Bloomberg first reported. But the reported talks are another sign that Iger means business when it comes to Disney's streaming future. The company's direct-to-consumer business reported a loss of $2.2 billion in the first nine months of the year — 12% less than during the same period last year. But even if he does sell ABC — and manages to get a good price for it, despite its ominous future — his challenges are far from over. AdvertisementAdvertisementSo, then, what does the deal to sell ABC mean?

Persons: Bob Iger's, Bob Iger, Iger, Peter Csathy, he's, ABC's, Brian Roberts, there's, it's Organizations: Disney, ABC, Nexstar, Bloomberg, Service, Nexstar Media Group, Walt Disney Company, CNN, ESPN, Hulu, Hollywood, Magic Locations: Wall, Silicon, Sun, Iger, Hulu —, Hollywood, Magic Kingdom

☆ Disney's dispute with Charter is a lose-lose, underscoring just how broken legacy TV has become
▼ + stars: | 2023-09-06 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

The almost weeklong stalemate between Disney and Charter lays bare the broken business model around distributing legacy television in the age of cord-cutting. In the talks, Charter agreed to shell out more than the $2.2 billion annually it paid Disney under the old carriage deal. DIS 1M mountain Walt Disney stock performance month-to-date. Linear TV is an issue for Disney. However, we would like to see a quick end to the Charter dispute and to see Iger resolve Disney's challenging position in the traditional linear TV market.

Persons: Walt Disney, Bob Iger, Jim Cramer, Iger, Disney, Jim Cramer's, Jim Organizations: Hollywood, Charter Communications, Disney, Charter, ESPN, ABC, Spectrum's, U.S, Hulu, Walt Disney, Warner Bros Discovery, JPMorgan, The, CNBC, SportsCenter, ESPN Headquarters, Washington Post, The Washington Post, Getty

☆ Disney’s battle with Charter could pose an existential threat to the cable bundle
▼ + stars: | 2023-09-05 | by ( Oliver Darcy | ) edition.cnn.com time to read: +5 min

CNN —It’s a carriage fight that could lead to the dismantling — or revolution — of the cable television bundle. Charter argues that it is paying a premium for Disney content ($2.2 billion in 2023), but that much of the first-class, buzzy content is actually on platforms like Disney+, not the linear channels. And it says it has proposed “creative ways” to make Disney’s DTC offerings available to Charter subscribers. But, in Disney’s eyes, why would it give away access to its expensive DTC content at no additional cost to Charter subscribers? “The Walt Disney Company and Charter have the opportunity to work together on transforming the industry for the long-term benefit of both companies and their customers,” Charter said.

Persons: CNN —, Disney, “, Bob Iger, Chris Winfrey, ” Organizations: CNN, Disney, Charter Communications, US, NFL, ABC, ESPN, Labor, Charter, Warner Bros, Paramount, Comcast, Fox Corporation, Hulu, FuboTV, Walt Disney Company, ”

☆ Disney's quarter wasn't clean, but we see evidence that CEO Bob Iger's turnaround plan is working
▼ + stars: | 2023-08-09 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Disney (DIS) reported fiscal third-quarter results after the closing bell Wednesday, and it was another mixed quarter even against low expectations. Still, there were enough pockets of optimism in the company's restructuring plan and streaming strategy to believe CEO Bob Iger's turnaround is working. Indeed, global Disney+ subscribers declined to 146.1 million from 157.8 billion, but nearly all of that was associated with Disney+ Hotstar and not Disney's core markets. Quarter over quarter, that loss of $512 million was narrower by $147 million. Thanks to the ongoing strength of Disney's international parks and cruise line business, Disney expects fourth-quarter operating margins at DPEP to exceed the prior year.

Persons: Bob Iger's, we've, Kevin Lansberry, Iger, Jim Cramer's, Jim Cramer, Jim, Bob Iger, CNBC's David Faber, David A Organizations: Disney, Refinitiv, DIS, Consumer, Hollywood, Indian Premier League cricket, Netflix, Disney Media, Entertainment, Linear Networks, ESPN, Penn Entertainment, Disney Parks, Walt Disney, Star Wars, CNBC, Allen, Grogan Locations: India, Florida, Europe, Canada, DMED, Sun Valley , Idaho

☆ ESPN's layoffs underscore its desperate need for a post-cable lifeline, but analysts are split on Disney's streaming plan that puts $20 billion of revenue at risk
▼ + stars: | 2023-07-07 | by ( James Faris | ) www.businessinsider.com time to read: +13 min

But that plan carries serious risk, as it would jeopardize still-sizable cable revenue without guaranteeing that enough sports fans would support such a product. Several other analysts — including Barton Crockett of Rosenblatt Securities, who has a buy rating for Disney shares — seconded those concerns about cannibalizing cable revenue. Nollen estimated 35 million current cable customers would switch to ESPN DTC. ESPN DTC is zero incremental cost and potentially billions in incremental revenue." An ESPN streamer (in light purple) would gradually drive revenue for Disney, Wells Fargo predicts.

Persons: Disney, that's, Jalen Rose, Todd McShay, Bob Iger, Macquarie's Tim Nollen, Nollen, Barton Crockett, —, Crockett, who'd, Will, you've, they'll, William Cohan, Cohan, Joe Bonner, Bonner, Brandon Nispel, Iger, Nispel, We've, Jason Bazinet, Bazinet, Hulu —, Wells Fargo's Steven Cahall, Cahall, Wells Organizations: ESPN, Disney, Bank of America, NBA, Sports, ESPN Disney's ESPN, Rosenblatt Securities, ESPN DTC, Will Disney, Citigroup, NFL, NBC, Apple, Comcast, NBC Sports, Netflix Netflix, Hearst, Argus Research, Netflix, KeyBanc, Hulu, DIS, Wells Fargo Sports Locations: Wells Fargo, it's, Wells, Hulu, Puck

☆ Disney is playing the long game in business structure, says Guggenheim's Michael Morris
▼ + stars: | 2023-05-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDisney is playing the long game in business structure, says Guggenheim's Michael MorrisMichael Morris, Guggenheim Securities, joins 'Squawk on the Street' to discuss Morris' reaction to Disney's decision to scrap its new campus plans, Morris' expectations to the company's cost-cutting efforts and how the decline of linear networks will impact Disney's business.

[1/3] A man looks at his phone as he passes by a screen advertising Walt Disney's streaming service Disney+ in New York City, U.S., November 12, 2019. The division ended the quarter with an operating loss of $659 million, compared with $1.1 billion in the prior quarter. At the same time, total subscribers to the flagship Disney+ service dropped by 4 million to 157.8 million. Inge Heydorn, a fund manager at GP Bullhound, said a question for investors is: "are the trade offs from lower marketing costs leading to lower subscribers?" "We've only just begun to scratch the surface of what we can do with advertising on Disney+," Iger said on a conference call with analysts.

The company plans to expand its streaming offerings by the end of the year with a new app that combines Disney+ and Hulu, Chief Executive Bob Iger said. Total subscribers to the flagship Disney+ service dropped by 4 million from the previous quarter to 157.8 million. Most of the defections came from the Disney+ Hotstar offering in India after it lost streaming rights to Indian Premier League cricket matches. "Striking a fine balance between customer acquisition versus financial performance is no easy feat." As Disney tries to build streaming, its traditional television business faces hurdles.

☆ Disney’s Losses From Streaming Narrowed in the Last Quarter
▼ + stars: | 2023-05-10 | by ( Brooks Barnes | ) www.nytimes.com time to read: +1 min

To understand the forces that have been roiling the biggest media companies, look no further than Disney’s earnings. Disney said on Wednesday that losses in its streaming business for the most recent quarter totaled $659 million, an improvement from a year earlier (and a vast improvement from the October-to-December period, when losses totaled $1.1 billion). Streaming revenue climbed 12 percent, reflecting a sharp increase in revenue per paid Disney+ subscriber, a metric investors watch closely. Disney’s linear networks (ESPN, Disney Channel, ABC, National Geographic, FX) reported $1.8 billion in operating income, down 35 percent from a year earlier. Operating profit in the company’s Parks, Experiences and Products division climbed 22 percent, to $2.2 billion, as Disney resorts in Shanghai and Hong Kong finally began to recover from the pandemic.

☆ Disney's revenue is on the rise, giving CEO Bob Iger a victory lap amid legal battle with Florida's Ron DeSantis
▼ + stars: | 2023-05-10 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +5 min

Disney announced its fiscal second quarter earnings, with 13% revenue growth in the three months ending April 1. The results come as CEO Bob Iger reorganizes the company and pursues a legal battle with Florida Gov. Walt Disney Co. reported $21.79 billion in second quarter revenue, which topped Wall Street expectations for the period and marked 13% growth for the three months through April 1, the company said. The company noted decreases in advertising revenue at non-sports channels including both ABC network and A&E cable channels. Still, Disney's direct-to-consumer unit grew revenue by 12% in the second quarter to $5.5 billion while its operating losses decreased.

☆ Hollywood film and TV writers are preparing for a strike. Here's how Disney, Netflix, and other entertainment giants could weather a work stoppage.
▼ + stars: | 2023-04-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +8 min

The writers guild asked its members to authorize a strike, which would come at a risky time for Hollywood. Netflix, Amazon, and Disney have content stockpiles that could help them through a work stoppage. A Hollywood writers strike is looming at a precarious time for the media and entertainment industry. During that 100-day strike, more than 60 TV shows shut down and ratings and ad sales dropped. The landscape of entertainment options is "much more competitive than it was during the last writers strike," media consultant Peter Csathy told insider.

☆ From Disney and Netflix to Warner Bros. Discovery, which entertainment giants would be the winners and losers of a Hollywood writers strike
▼ + stars: | 2023-03-16 | by ( Lucia Moses | ) www.businessinsider.com time to read: +7 min

A possible Hollywood writers strike is looming at a risky time for the entertainment business. A Hollywood writers strike is looming at a precarious time for the media and entertainment industry. During that 100-day stoppage, more than 60 TV shows shut down and ratings and ad sales dropped. The landscape of entertainment options is "much more competitive than it was during the last writers strike," media consultant Peter Csathy told insider. Paramount also has an extensive live sports offering, which should offer some insulation if writers go on strike.

☆ Newly returned Disney CEO Bob Iger is cutting 7,000 jobs and reorganizing the company
▼ + stars: | 2023-02-08 | by ( Travis Clark | ) www.businessinsider.com time to read: +3 min

Disney CEO Bob Iger announced layoffs on Wednesday. During the company's quarterly earnings call on Wednesday, Iger said the company would cut 7,000 jobs. ESPN will be led by James Pitaro, formerly chair of ESPN and Sports Content, and president of ESPN before that. will be led by James Pitaro, formerly chair of ESPN and Sports Content, and president of ESPN before that. Disney reported in its earnings report that Disney+ lost subscribers for the first time — over 2 million, all from India's Disney+ HotStar.

☆ NBCUniversal expects Peacock losses to peak this year as streamer slowly adds subscribers
▼ + stars: | 2023-01-26 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

The NBCUniversal Inc. Peacock streaming service is displayed on a laptop computer in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Monday, April 20, 2020. Streaming service Peacock has slowly been taking flight with consumers. Like its peers, Comcast has been investing in its streaming platform by putting more of its content on Peacock. Company executives said Thursday Peacock losses will peak in 2023 at around $3 billion, but expect it to steadily improve after that. And besides that, propping up Peacock with NBCUniversal content from its linear networks also only helps to accelerate its bleeding of Comcast's cable-TV customers.

☆ CBS-owned stations added to free, rapidly growing local news streaming service VUit
▼ + stars: | 2022-12-09 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +6 min

He added: "It's a double-edged sword when making the transition to the [streaming] TV world." TV and streaming services are crawling all over each other for more content that retains viewers. Some companies like Sinclair have created their own free streaming services, and many affiliates use their websites and build their own apps to offer newscasts. VUit aims to work with CBS's local stations to boost their hyperlocal events on the platform and attract more eyeballs. A recent Iceman Challenge mountain bike race in Traverse City, Michigan, available only from local station WWTV on VUit's platform, garnered thousands of viewers.

☆ We're fed up after Disney's terrible quarter and streaming losses. It's time for some big changes
▼ + stars: | 2022-11-08 | by ( Jeff Marks | ) www.cnbc.com time to read: +9 min

Operating income fell 91% to $83 million mostly due to higher than expected losses from the Direct-to-Consumer business. In better news, Disney ended Q4 with 164.2 million Disney+ subscribers, up 12.1 million from the prior quarter and well above estimates of about 160.45 million. Bundling has a negative effect on ARPUs, and Disney said Tuesday evening that bundled and multiproduct offerings now make up over 40% of domestic Disney+ subscribers. In terms of subscribers, Disney sees core Disney+ subscribers slightly increasing in its first quarter, though Disney+ Hotstar is expected to lose subs due to the absence of the Indian Premier League Cricket rights. After checking consensus estimates, this is a terrible miss compared to expectations of sales growing by 11% and operating income increasing by 17%.

☆ NFL Sunday Ticket still up for grabs as Apple pushes for flexibility with game rights
▼ + stars: | 2022-10-14 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

A partnership with Apple would allow the NFL to build a relationship with the deepest-pocketed company in the world. But existing restrictions around Sunday Ticket have slowed negotiations between Apple and the NFL in recent months, according to people familiar with the matter. The NFL and Apple, two of the most powerful corporate entities in the world, are used to getting what they want. "We weren't interested in buying sports rights," Cue said this week at a Paley Center for Media panel in New York. Those deals guarantee exclusivity of local games.

☆ Jeffrey Dahmer’s latest media moment continues in ‘Conversations With a Killer’
▼ + stars: | 2022-10-06 | by ( Brian Lowry | ) edition.cnn.com time to read: +4 min

In an interview with CNN, Berlinger said he hasn’t watched “Monster,” in part because he didn’t want to field questions about it. Berlinger bristled at the suggestion that any of these productions might romanticize serial killers, noting that crime has always been a source of fascination. “I thought this was an important story to tell,” Berlinger said in regard to “The Jeffrey Dahmer Tapes,” noting that Dahmer – unlike Bundy and Gacy – actually exhibited “a modicum of remorse” in the unearthed audiotapes. “We want to pretend that serial killers present themselves as evil monsters all the time,” he said, noting that those featured were able to gaslight and fool even those close to them. “But it’s a larger attempt to understand where they fit in the human condition.”“Conversations With a Killer: The Jeffrey Dahmer Tapes” premieres October 7 on Netflix.

☆ Beer ads were missing from Amazon's 'Thursday Night Football' game broadcasts. Turns out, they're banned.
▼ + stars: | 2022-09-24 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

"Per our prohibited content policy, ad content must not encourage, glamorize or depict excessive consumption of alcohol," Amazon's advertising policy says. The policy for alcohol ads doesn't affect non-alcohol ads that happen to feature alcohol content, Amazon said. The first "Thursday Night Football" broadcast offered a hopeful look for Amazon, which signed an 11-year deal with the NFL for $11 billion. The e-commerce giant's "Thursday Night Football" broadcast brought in 13 million viewers, which was over the company's estimation of 12.5 million viewers. Schwartz bought into "Thursday Night Football" for some of his clients, he told Insider.

☆ Amazon 'Thursday Night Football' Audience Hit 13M; What It Means for Ads
▼ + stars: | 2022-09-22 | by ( Lucia Moses | ) www.businessinsider.com time to read: +5 min

Amazon said it averaged 13M viewers for its first "Thursday Night Football" broadcast, beating projections. Amazon said Thursday it averaged 13 million viewers for its first "Thursday Night Football" stream, citing Nielsen, whose numbers slightly beat the streamer's own projection of 12.5 million. "While just one game, I think it validates that streaming exclusive NFL games can compete with the traditional linear networks. Amazon started exclusively streaming the games last week as it makes a play to be a mainstream sports player. "We could see viewership continue to go up in the coming weeks as well, as more fans become more accustomed to the Prime TNF stream.

☆ Warner Bros. Discovery CEO David Zaslav faces 3 key challenges as financial headwinds disrupt his strategy and threaten his promises to Wall Street
▼ + stars: | 2022-09-22 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +12 min

MoffettNathanson analyst Robert Fishman crystallized the daunting task ahead for Zaslav and WBD in his August 5 report "Reality First. The honeymoon was short-lived," said one senior Hollywood insider. It turns out there are five, housing some 40,000 employees globally: Warner Bros., HBO Max, the Turner entertainment channel business, CNN, and Discovery. The WBD insider said there isn't a rush to hire a new chief and that the company will continue to meet people. Under the ownership of AT&T, WarnerMedia's financials were buried in its parent's spreadsheets — now as a pure-play entertainment company, Warner Bros.

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