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$94.30 -2.34 (-2.42%) ...HOW ***LOW*** WILL IT GO??????
Disney Ratio Spread Targets A Profit Zone Between 75 And 85
By: Barchart | October 12, 2022
A put ratio spread is an advanced option trade and generally not suitable for beginners, but it can have its place within an option portfolio.
It is generally considered a neutral strategy, although it has the ability to make a profit in up, down and sideways markets.
Yes, it can make money no matter which way the market goes, the key is the timing!
The strategy involves buying a number of put options and selling more put options further out-of-the-money.
The trade is placed when the trader thinks the underlying stock will be stable or slowly move lower and finish around the short put strike at expiry.
A fall in implied volatility will benefit the trade and it can also be profitable if the stock moves up early in the trade.
The big risk with the trade is a sharp move lower early in the trade.
Let’s look at an example using Disney (DIS).
Disney Ratio Spread Example
Buying the November 18 put with a strike price of 85 for around $2.60 and selling 2 of the November 18, 80-strike puts for around $1.55 would create a put ratio spread.
As we are selling 2 contracts at $1.55 the trade results in a net credit of $0.50 which is $50 premium.
This is the maximum gain above a stock price of 85. Basically, all the puts would expire worthless and the trader keeps the $50 premium.
A tent-shaped profit zone exists between 75 and 85 with the maximum gain occurring at 80 and is around $550.
This is what the trade looks like as of today:
You can see the main risk in the trade is a drop in price early on. The blue line is the profit and loss at expiration and the purple line is the T+0 line. T+0 just means “today”.
So, we don’t want the stock to get into the profit tent too early.
What about in four weeks’ time? How does the trade look then?
Looking a lot better between say 78 and 100.
One advantage of this trade type is it takes advantage of option skew. Notice the contract we are buying has lower volatility (51.06%) than the contract we are selling (54.21%). Buy low, sell high.
Company Details
Walt Disney Company has assets that span movies, television, publishing and theme parks. In October 2020, Disney reorganized its media and entertainment operations, which had been previously reported in three segments: Media Networks, Studio Entertainment and Direct-to-Consumer & International. From the first quarter of fiscal 2021, Disney began reporting the financial results of the media and entertainment businesses as one segment, Disney Media and Entertainment Distribution (DMED) across three significant lines of businesses: Linear Networks, Direct to- Consumer and Content Sales/Licensing.
The Barchart Technical Opinion rating is a 88% Sell with a Strongest short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
The market is approaching oversold territory. Be watchful of a trend reversal.
Summary
This strategy should move fairly slowly, unless there is a sharp drop in the stock price.
As the trade involves naked options, it is not recommended for beginners.
You can do this on other stocks as well, but remember to start small until you understand a bit more about how this all works.
Mitigating Risk
With any option trade, it’s important to have a plan in place on how you will manage the trade if it moves against you.
A stop loss of $200 might make sense in this scenario. If Disney is below 80 near expiry, there will be assignment risk
If you have questions on this strategy, please let me know.
Please remember that options are risky, and investors can lose 100% of their investment.
This article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions.
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Disney $DIS overhauled its film schedule, delaying the release dates for...
By: Stock Market News | October 11, 2022
• Disney $DIS overhauled its film schedule, delaying the release dates for “Blade,” “Deadpool 3,” “Fantastic Four” and other major Marvel properties. - Variety
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Weirdos in charge isn’t helpful shareholders need to demand new leadership ASAP
WOKE DISNEY $96.82 -3.22 (-3.22%) LOOKING HORRIBLE!!!!!!!!
Walt Disney (DIS) Price Target Cut to $145.00 by Analysts at JPMorgan Chase & Co.
By: MarketBeat | October 4, 2022
• Walt Disney (NYSE:DIS - Get Rating) had its target price reduced by equities researchers at JPMorgan Chase & Co. from $160.00 to $145.00 in a report released on Tuesday, The Fly reports. JPMorgan Chase & Co.'s target price points to a potential upside of 49.28% from the stock's previous close...
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"Disney Cancels New Release of “Little Demon” About a Woman Impregnated by Satan and Her Antichrist Daughter"
You can’t make this stuff up.
Just when you thought Disney had reached the bottom, the company announced it was airing FX’s show “Little Demon”, about a woman impregnated by Satan and her antichrist daughter.
On August 29th, Disney announced it would air a new ‘comedy’ about a woman impregnated by Satan and her Antichrist daughter. This show begin streaming on Disney+ in Australia and New Zealand with expectations of releasing in other markets soon.
In FX’s “Little Demon,” an animated comedy featuring the voices of Danny DeVito and Aubrey Plaza, it has been 13 years since being impregnated by Satan, and a reluctant mother, Laura, and her Antichrist daughter, Chrissy, attempt to live an ordinary life in Delaware. However, the two are constantly thwarted by monstrous forces, including Satan, who yearns for custody of his daughter’s soul.
Today it was reported that the show has been cancelled.
Disney+ has dropped its latest animated series which follows the life of a young teenage girl who learns she is a human-demon hybrid spawn of Satan.
Why would Disney even consider such a show?
.......
HOW MUCH MONEY DID WOKE DISNEY WASTE ON THIS BS??????
Disney $DIS just announced it will be reporting earnings after the markets close on Tuesday, November 8th
By: Stock Market News | October 4, 2022
• Disney $DIS just announced it will be reporting earnings after the markets close on Tuesday, November 8th.
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Painful lesson. Corporations need to stay out of politics and social warfare. Ouch.
Short the Kiddie Groomers to $ZERO
hint: it's not the stock being woke it's the market selling, but nah the posts ain't politics lol.
Should Disney's Stock Be On Your Shopping List?
By: Investing.com | September 28, 2022
• Walt Disney's shares are down 36% since the beginning of the year
• Investors fear consumers will cut entertainment spending if the economy falls into a prolonged recession
• Despite these dangers, it's hard to ignore the strength of Disney's global franchise and the cash-generation power of its legacy businesses
The world's largest entertainment company, Walt Disney (NYSE:DIS), has endured a severe beating amid this year's market downturn. Shares of the Burbank, California giant are down 36% over the past 12 months, underperforming the benchmark S&P 500 by a wide margin.
DIS Weekly Chart
There are mounting signs that Disney has been struggling with its video-streaming service, which has become the centerpiece of CEO Bob Chapek's growth strategy since its launch almost two years ago.
During its latest earnings report, Chief Financial Officer Christine McCarthy cut the growth forecast for Disney+, saying it now expects a total range of 215-245 million subscribers by September 2024, down from the company's earlier forecast of 230-260 million subscribers.
The company also raised the prices on its streaming offerings and outlined plans for a new ad-supported tier of Disney+.
Furthermore, the report made clear that most of Disney's current subscriber growth will come from international markets where the margins are already tight, especially with the U.S. dollar hovering at 20-year highs.
Disney lost $1.1 billion in its direct-to-consumer segment last quarter, widening from a loss of $293 million a year earlier. Since Disney+ launched in late 2019, the segment has lost more than $7 billion.
Diversified Business Model
Despite these challenges, it's hard to ignore the strength of Disney's global franchise and the cash-generation power of its legacy businesses. The Burbank, California-based company has an unmatched portfolio of assets that have endured many recessions and downturns—emerging stronger every time.
The latest evidence of this strength came during the pandemic when the company's theme parks, movie theaters, and resorts faced unprecedented challenges due to global lockdowns and stay-at-home orders. Now that the pandemic is behind us, Disney's cash machine is back on track, benefiting from strong pent-up demand.
Sales at the Parks, Experiences, and Products division, including Disneyland, Walt Disney World, and four resorts in Europe and Asia, reached $7.4 billion for the quarter ending on July 31, a record amount up 70% from a year earlier. The division posted profits of $2.2 billion for the quarter, up from $356 million a year ago.
DIS Revenue Growth
Source: InvestingPro
Disney's diversified business model and the strength of its franchise is perhaps the main reason that most Wall Street analysts rate the stock a buy. In an Investing.com poll, about 80% of analysts rate the Disney stock a buy.
DIS Consensus Estimates
Source: Investing.com
In a note earlier this month, Morgan Stanley's analysts said they see the entertainment giant's park segment driving the majority of free cash flow and earnings before interest, taxes, depreciation, and amortization. Also, they expect Disney's content assets are "under-earning and undervalued."
Bottom Line
Disney's stock, trading lower than before the pandemic, offers an attractive risk-reward proposition to long-term investors. Given the current uncertain economic environment, it's hard to predict how much lower it can go from here.
However, there is no doubt that Disney is a great company, and its stock will recover strongly once the market finds its bottom. For these reasons, Disney is a safe bet to buy in this bear market, in my opinion.
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Walt Disney (DIS) Readies for Hurricane Ian
By: Schaeffer's Investment Research | September 28, 2022
• Disney is shuttering its Florida attractions
• DIS is set to snap a six-day losing streak today
Walt Disney Co (NYSE:DIS) announced its shuttering its four Florida theme parks and related properties, as Hurricane Ian -- recently upgraded to a Category 4 storm -- threatens the Florida peninsula. A spokesperson for the company said that on Wednesday and Thursday, Animal Kingdom, Hollywood Studios, Epcot, and Magic Kingdom would be closed, while some of its hotels in the region will be closed through Friday.
While the cruise stock sector has suffered amid cancellations and delays wrought by Ian, Walt Disney stock was last seen up 1.2% to trade at $97.03 at last check. The shares are on track to snap a six-day losing streak, but remain down 37.7% in 2022.
Despite the steep deficit, options traders remain focused on calls. This is per DIS' 10-day call/put volume ratio of 2.07 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), which indicates calls have outpaced puts by a more than 2-to-1 ratio in the last two weeks.
Options traders are pricing in relatively low volatility expectations, as evidenced by Disney stock's Schaeffer's volatility index (SVI) of 43%, which ranks in the relatively low 33rd percentile of its annual range. In other words, options premiums are low right now, and the equity tends to outperform said volatility expectations, per its Schaeffer's Volatility Scorecard (SVS) ranking of 95 out of 100.
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I remember 40 when I was a tech at magic kingdom in 2010 $DIS
WOKE DISNEY $98.20 -1.30 (-1.3%) ..... GOING LOWER!!!!!! NOBODY WANTS WHAT THESE PERVERTS ARE SELLING!!!!!!!
I worked there it’s cool man I learned a lot
Disneyland Adding a Major Disney World Innovation
By: TheStreet | September 20, 2022
• Disneyland Resort is launching a new feature that its theme park visitors will like.
A trip to a Disney World theme park has become a more complicated effort since the covid pandemic hit in 2020. The preliminary requirements to get you into a park and onto a ride can be time-consuming and could lead to long waits in lines and reduce the amount of time you have to visit all the attractions in your plans.
First, you need to buy a ticket and secure a reservation for the day that you plan to visit a particular park or parks. You then need to stand in line and use the My Disney Experience app on your smartphone (or print out your tickets) to enter the park. Next, it's off to stand in long lines at various rides and attractions to get your Disney (DIS) thrill, unless you've purchased a Lightning Lane pass to bypass the long lines.
Most people will use the Disney app on their smartphone to store their ticket and Lightning Lane pass information and will keep pulling it out to scan for necessary uses throughout the day. Better make sure your phone is charged and you know where the scarce charging stations are located at the parks you visit.
Disney World Improves Popular Device
Disney World had an answer to try to make things easier for its guests, offering the original MagicBand since 2013. The MagicBand allows guests to unlock their Disney World resort hotel room, enter Disney theme parks with purchased tickets, access Lightning Lane reservations and charge purchases and dining to their resort hotel bill.
Disney had provided complimentary MagicBands to resort hotel guests and passholders, but it now only offers discounts.
Disney believes it has improved the device with the launch of MagicBand+ at Disney World on July 27. Guests can enter the park with a tap of the MagicBand+, connect with their Disney PhotoPass, enjoy new color-changing lights, haptic vibrations and gesture recognition, and link to their smartphone with the My Disney Experience app.
The Disneyland Resort in California, however, has not yet offered the MagicBand experience for its guests, which some Florida Disney visitors have used for almost 10 years.
Disneyland Introduces MagicBand+ to Guests
This fall will mark the introduction of the MagicBand device to the Disneyland Resort, which includes Disneyland, California Adventure and the resort's hotels, for the first time with MagicBand+. Disney has not set a specific date for the launch of MagicBand+ at the Disneyland Resort.
The Disneyland Resort's MagicBand+ will include many of the same features of the Disney World MagicBand+, except users can link the device to their smartphone through the Disneyland app for tickets, Lightning Lane and all of the other features on the app.
The MagicBand+ is waterproof, rechargeable and will be in sync with Disneyland Resort's nighttime spectaculars. It will also be useful in the Star Wars: Batuu Bounty Hunters interactive quest in Galaxy's Edge at Disneyland. Players can participate through the Play Disney Parks app to earn galactic credit rewards.
Disney says that the fall launch of MagicBand+ at the Disneyland Resort is just the beginning, and it will be adding more features and experiences in the near future.
Disneyland Resort did not list a retail price for the MagicBand+, but you can expect the price to match Disney World's retail price of the device at $34.99.
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started tapering buys on this and other actives on big board yesterday, trade em.
Disney Gets a Huge Win
By: 24/7 Wall St. | September 12, 2022
Questions remain about whether Walt Disney Co. (NYSE: DIS) CEO Bob Chapek is up to the job he has held for over two years. He was tested by the COVID-19 pandemic, which started as he stepped into the position. Disney’s movie and theme park businesses were ripped to pieces. The only bright spot was the successful launch of the Disney+ streaming service.
While many others did not think so, Disney’s board believed Chapek had done a good job and extended his contract. This despite a revolving door of senior management, a horrible decline in Disney’s share price and a ham-handed handling of social issues the company encountered, particularly in Florida.
The latest anxiety about Chapek was a recent investment by Dan Loeb’s Third Point. Loeb is known for savaging management based on his plans to increase shareholder value. His move into the shares could have been much more than a distraction.
Loeb’s announced suggestion to Disney was a spin-off of ESPN. He argued it was worth more to Disney on its own. Once a cash flow machine, it has not aged well. As its success as a cable channel began to deteriorate, its streaming business never took off.
Chapek argued that ESPN is an essential part of Disney’s growth plans. He expects its digital growth to pick up. Just as important, he sees it as a way into the fast-growing and highly lucrative sports betting market. Online betting has become a ubiquitous part of the sports industry, and it may be its fastest growing sector.
Loeb became convinced that Chapek is right and withdrew his criticism as fast as he began it.
Chapek’s ability to fend off Loeb, along with his extended contract, cement him in his place, likely for several years.
Sport betting or not, Chapek still has to ensure Disney’s lead in streaming, not just by subscriber count, but by profits. Disney’s major steaming business hit a combined 223 million subscribers last quarter, which includes for Disney+, Hulu and ESPN+. The Disney+ figure was 152.1 million. Investors fretted that the figure grew by only 14.4 million. Worse, the company guided down the number of subs it expected by the end of its 2024 fiscal year.
Disney’s gamble is that price increases can more than make up for slow subscriber counts. It took the ad-free annual subscription rate for Disney+ from $7.99 to $10.99. It is a gamble because of the stiff competition it has in streaming, including from Apple, Amazon and Netflix, as well as several services from old-world media giants. Price may become a factor in how many subscriptions consumers are willing to pay for.
Chapek has sold Loeb on his vision. Now, if Disney’s stock recovers, Chapek’s number of supporters should grow too.
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Disney CEO lays out early plan for digital future
By: Dawn Chmielewski | September 11, 2022
(Reuters) - Walt Disney (NYSE:DIS) Co on Sunday sketched the contours of a plan for how the entertainment, theme parks and consumer products conglomerate will use technology to enhance storytelling for the next 100 years.
Speaking backstage at the company's biennial D23 Expo fan convention with Reuters, Chief Executive Bob Chapek took great pains to avoid what he called the "M-word," or metaverse, despite pushing the company in that direction last year.
Chapek described Disney's vision for the metaverse as "next-generation storytelling." He wants to use data gleaned from theme park visits and consumers' streaming habits to deliver personalized entertainment experiences, including from the company's Marvel and Lucasfilm studios.
"Disney is absolutely a lifestyle," he told Reuters on Sunday in an interview at the convention in Anaheim, Calif. "The question is, how is our next-gen storytelling leveraging what we know about a guest uniquely in this Disney lifestyle, then serving up unique experiences."
Entertainment and technology companies rushed to secure a position in the metaverse after Meta Platforms Inc CEO Mark Zuckerberg announced the future of his company would be devoted to creating a robust, three-dimensional, persisitent environment where users’ digital avatars would work, hang out and pursue their hobbies.
Well ahead of Meta's announcement, Chapek, who oversaw the parks division before taking over the top job in 2020, has spent years preparing how to extend the theme park experience to people who will never visit one of the company's six theme parks globally.
Disney started laying the groundwork in earnest to explore new forms of storytelling over the past year, as it appointed veteran media and tech executive, Mike White, to oversee the newly created Next Generation Storytelling and Consumer Experiences unit.
White has been charged with assembling the technological toolkit for Disney's creative executives to employ.
He has also been brainstorming ideas for using augmented reality and other technologies to bring a new dimension to storytelling. Chapek cited one early example - an eight-minute augmented reality film that premiered this week on Disney+.
"This could be a real big catalyst for what's going to show up there and, you know, five to 10 years," said Chapek.
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Walt Disney Co. (DIS) Small curl, but not leading like you would expect it to after that report
By: Options Mike | September 10, 2022
• $DIS Small curl, but not leading like you would expect it to after that report.
Not a lot of interest from me unless news.
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Why Is Disney So Popular?
By: 24/7 Wall St. | September 10, 2022
Robinhood has just announced its “Robinhood Investor Index.” The 100 stocks included are the most popular among its customers. Robinhood claims to have 22 million funded accounts.
The initial reaction among many people who track the stocks they believe Robinhood investors own is that the list would be topped by GameStop and AMC. Any stock, which regularly rides up over 100% in a few hours, or down 50% over the same time frame, might be included. Surprisingly, the only such stock in the top five of the index is AMC, which has been in the news because many people do not believe it can survive the drop of people who go to the movies.
The other stocks in the top five are Ford, Apple, Tesla, and Amazon. Floating on the chart of the 10 most favored stocks is Disney. Aside from Ford, it is the only company that has a foot in the pre-tech economy.
There are two reasons Disney may be on the list. Like most of the others, its brand recognition is nearly universal. Second, the management of the company and its evolution toward the digital future have been part of the worst kind of public corporation theater. Management’s missteps will end up in the case studies of major business schools. The executive ranks of the company have been through a revolving door. At the top of Disney, new CEO Bob Chapek recently got a new contract from the Disney board, just as other investors wanted him ousted.
The major question about Disney is whether it can make the transition from old-style TV networks, physical theaters, and outdoor theme parks to a company that serves hundreds of millions of customers digitally. The start of this was promising, but begun by retired and widely regarded CEO Robert Iger. Disney+, the company’s horse in the streaming media race, had 87 million subscribers in a year. That meant it had quickly put itself into a position to challenge market leaders Netflix and Amazon.
Disney+ drew heavily on content it had had for years or content Iger bought over the course of his tenure. This included the Star Wars franchise, Marvel and Pixar films, National Geographic, ESPN, and films about Disney characters created decades ago.
Disney made good on its forecast that Disney+ would be a huge success. At the end of the last reported quarter, it had 221 million subscribers which apparently topped both Netflix and Amazon. The part of the announcement that created anxiety was that the figure had only increased 14.4 million from the previous period. Netflix had recently announced its growth had stalled. The entire industry may have plateaued. Disney jacked up rates to offset slowing growth which may prove to dampen demand considerably.
Why is Disney’s stock so popular? It may be the ubiquity of the brand. Or, it may be that the company is a never ending trainwreck.
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imo...
Walt Disney Co. (DIS) 110 holding for now, under it the 50D next big spot
By: Options Mike | September 5, 2022
• $DIS They just don't like this name right now, earnings all gone. 110 holding for now, under it the 50D next big spot.
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Walt Disney (DIS) Which gap fills first?
By: TrendSpider | September 2, 2022
• $DIS Which gap fills first?
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Walt Disney Falling wedge shaping up nicely right into volume shelf support!
By: TrendSpider | August 31, 2022
• $DIS Falling wedge shaping up nicely right into volume shelf support!
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Walt Disney Co. (DIS) Gap about filled. This name just can't hold gains of late
By: Options Mike | August 28, 2022
• $DIS Gap about filled. This name just can't hold gains of late.
Good report, will watch when market turns back up.
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Disney's New Plans Rejected
By: 24/7 Wall St. | August 27, 2022
The results of the experiment known as The Walt Disney Company continue to be rejected by Wall St. Its latest move to recover its once-stellar image among investors is to raise prices at its theme parks. According to The Wall Street Journal, “Walt Disney used to call Disneyland his “magic kingdom.” These days, Walt Disney Co. has a new magic trick: wringing every last dollar out of each visitor to its profitable theme parks.” It is a damning assessment.
Disney has been in the price raising business recently. The price of the Disney+ streaming service without ads will increase $3 on December 8 to $10.99. That is a highly risky 38% jump. Despite success in subscriber growth, Disney management has started to worry that a more competitive streaming market means that adding new subscribers will be a harder climb, particularly when it has to replace those it loses.
To add to Disney’s struggles, highly aggressive hedge fund Third Point has taken a position in the company and pressed for major changes in its strategy. The fund’s primary request is that Disney spin off ESPN. Although it is a modest suggestion, given Disney’s size, it calls into question that vision of CEO Bob Chapek.
The best sign of skepticism about Chapek’s current plan is that Disney shares continue to substantially underperform the market.
One real risk in the Disney plans to raise prices as a means to become more profitable is that these increases are thrown into the teeth of a U.S. economy beset by raging inflation. Recently, Fed Chair Jerome Powell strongly indicated that the Fed will continue to raise rates aggressively to tame inflation. It was viewed as an admission that high inflation will besiege the economy for many quarters. Disney wants to take more dollars from people already struggling with the cost of living.
So far, Disney has not moved to sharply decrease its costs. That is good for its employees. However, the plan to pressure the consumer with higher prices needs to work for Disney to balance its budget.
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To bad cause you missed some nice trade opp. FYI pretty much the whole market is woke lol
Walt (woke) Disney company is a joke. I would never invest in woke companies.
Disney's Stock Struggles Against Market
By: 24/7 Wall St. | August 22, 2022
Despite what many investors consider relatively good earnings news, shares of Walt Disney Co. (NYSE: DIS) have sold down 21% this year. Comparably, its weakest rival, Paramount is off only 14%, despite long odds that it can become a leading multimedia company.
Disney’s problems rest on two things. The first is that streaming has become an increasingly competitive industry. The second problem is the remaining deep skepticism about the skills of CEO Bob Chapek, who should be on many lists of worst CEOs of a large American company for 2022.
The company’s run in the streaming business is impressive. Across all its streaming services, it has 221 million subscribers, which is about the same as former industry leader Netflix. Disney plans to raise prices for its streaming products. However, concerns linger about whether any of the largest media companies can sharply increase subscriber counts ever again.
The streaming industry continues to bulge with new entrants. In the meantime, Apple has lurked as the likely major competitor in the future. It has a hardware installed base of as many as a billion devices. This is a built-in walled garden for streaming products.
Chapek still faces a wall of doubters. The most recent is hedge fund Third Point, which has pressed to spin out sports channel ESPN and cut costs at the parent company. Despite Third Point’s tiny 0.4% stake in Disney, some of the broader market has taken its suggestions seriously, another sign of doubts about Chapek’s way forward.
The press and some on Wall Street continue to make comparisons between Chapek and his predecessor, Robert Iger, who is considered the man who built the modern Disney. The company’s stock surged over the course of his leadership.
Among public companies, the single most important barometer is stock price. The recent performance of Disney has been abysmal.
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Walt Disney Co. (DIS) Activist investor on Monday news sold. Back on the 8D now
By: Options Mike | August 21, 2022
• $DIS Activist investor on Monday news sold. Back on the 8D now.
Would really like it to hold that gap if now could make for a nice short.
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Walt Disney just saw Dan Loeb’s Third Point unveil a new stake last week
By: Cheddar Flow | August 20, 2022
• $DIS just saw Dan Loeb’s Third Point unveil a new stake last week, and it could be a play on cost-cutting and share repurchases.
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and also people talking about their feelings getting hurt.
lol good thing it's just an imo
imo....tweety bird and Agoura_Guy are my heros on Disney channel....DIS
There are no experts on ihub, only a variety of people giving their opinions.
lol then disney wouldn't have more subscribers than netflix but oh wait that's another woke stock too lol. Every stock on big board is woke now according to the experts on ihub.
126 helloo riding nicely now :)
DISNEY'S WOKE TRANSGENDER LBGQT+FREAK CONTENT TO DRIVE SUBSCRIBERS AWAY!!!!!!!
EXPECT DISNEY'S STREAMING REVENUE TO DROP FURTHER!!!!!
Breaking down the income statement from $DIS
By: Markets & Mayhem | August 15, 2022
• Breaking down the income statement from $DIS.
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Disney Stock Jumps As Activists Third Point Build Stake, Push For ESPN Spinoff, Board Changes
By: TheStreet | August 15, 2022
Walt Disney Co. (DIS) shares jumped higher Monday after activist investor Dan Loeb unveiled a new position in the media and entertainment group while calling for changes to the group's board of directors and the spin-off if its ESPN sports network.
Loeb said his Third Point LLC hedge fund, which manages around $14 billion in assets, will push for cost cuts and debt reduction, as well as the purchase of Comcast's (CMCSA) 33% minority stake in Hulu prior to the contractual deadline in early 2024. The firm also wants to initiate what it calls a "board refresh", noting what it called "gaps in talent and experience as a group that must be addressed".
The biggest change sought by Third Point, however, is the spin-off of ESPN, which Third Point says will alleviate leverage at the parent company while allowing a stand-alone ESPN the flexibility to pursue increasingly expensive sports rights and expand into the lucrative sports betting market.
Loeb called ESPN a "great business that currently generates significant free cash flow", and supports Disney+ subscriber growth with its bundled sports offering.
"Despite these advantages, we believe that a strong case can be made that the ESPN business should be spun off to shareholders," Loeb wrote in a letter to Disney CEO Bob Chapek. "As a result of this transaction, both companies will attract shareholders seeking the respective qualities of each company, allowing the Disney parent multiple to expand as its earnings growth rate increases and the remaining business is no longer haunted by the specter of cord cutting."
"While I understand you have considered this idea in the past, we urge the Company to retain advisors to reassess the desirability of the transaction in the current environment," Loeb added.
Disney shares were marked 1.9% higher in early Monday trading immediately following news of the Third Point position to change hands at $123.91 each.
Last week, Disney said ESPN+, its sports-focused streaming business, ended the third quarter with 22.8 million paid subscribers, with average revenue per user rising 1.8% from last year to $4.55.
Overall, Disney said adjusted diluted earnings for the three months ending in June, the group's fiscal third quarter, came in at $1.09 per share, up 36.25% from the same period last year and firmly ahead of the Street forecast of 97 cents per share.
Group revenues, Disney said, rose 26% to $21.5 billion, topping Street forecasts, while overall subscriber totals for its Disney+ hit 152.1 million, topping analysts' estimates by around 3 million.
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Walt Disney Co. (DIS) Nice Earnings gap, holds and takes out 122
By: Options Mike | August 14, 2022
• $DIS Alone paid my bills this week. Nice Earnings gap, holds and takes out 122.5ish I can see a move to 130 area
This one on watch now.
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Disney's $DIS revenue last quarter visualized
By: Stock Market News | August 12, 2022
• Disney's $DIS revenue last quarter visualized.
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The Best Performer in the $DJIA is Disney (Walt) Company. $DIS
By: Thom Hartle | August 12, 2022
• Today (8:36 CST), the best performer in the $DJIA is Disney (Walt) Company. $DIS.
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Disney's Expensive Streaming to Drive Customers Away
By: 24/7 Wall St. | August 12, 2022
As Walt Disney Co. (NYSE: DIS) released its earnings, one thing that became clear is that its streaming subscriber base will not grow as fast as it did in the past. However, the numbers showed it likely has as many subscribers as Netflix Inc. (NASDAQ: NFLX). Disney still loses money on these products. Netflix is in growth trouble, and this, along with high production prices, has eroded its bottom line.
Two-thirds of Americans have at least one paid TV service. The average number of subscriptions per household is about four. Therein lies the problem of streaming businesses, of which there are over 30 in the United States.
The largest streaming services have an advantage. With well over 100 million streaming clients, Amazon, Netflix and Disney dominated the markets. The only way to make more money as the growth of their number of subscribers slows is to increase prices. Disney+ will take its subscription fee up $3 to $10.99 in the United States in December. Netflix has resorted to a similar strategy.
The crowded streaming industry has several other companies with both money and large libraries. These include HBO Max, Peacock, Paramount+ and Apple TV+. Warner Bros. Discovery just said it will tinker with its channels and offer more channel bundles. The move is untested. However, what is clear is that households with four streaming subscriptions may end up paying hundreds of dollars a year more for these services.
The wildcard in the industry is Apple. It has a limitless amount of money to spend on building its service. And it will do so. It sees streaming as a way to hold on to iPhone and Mac owners and future buyers. It almost certainly will keep its prices low to pick up market share. It is also increasing its inventory of shows and movies by the week.
Price increases among the existing streaming services may backfire. What companies make on higher prices they could lose on cancellations.
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Outstanding Shares: 1.69B
Institute Own: 63%
Address: 500 S. Buena Vista St
BURBANK, CA 91521-0001
Website: http://thewaltdisneycompany.com
Full Description:
The Walt Disney Company, incorporated on July 28, 1995, together with its subsidiaries, is a diversified worldwide entertainment company.
The Company operates in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive.
The Company has a 63% effective ownership interest in Disneyland Paris, a 5,510-acre development located in Marne-la-Vallee, approximately 20 miles east of Paris,
France. The Company manages and has a 40% equity interest in Euro Disney S.C.A.
The Company owns a 48% interest in Hong Kong Disneyland Resort through Hongkong International Theme Parks Limited. On November 7, 2012,
the Company sold its 50% interest in ESPN STAR Sports (ESS). On November 7, 2012,
the Company sold its 50% equity interest in ESPN STAR Sports (ESS). On December 21, 2012, the Company acquired Lucasfilm Ltd. LLC.
Media Networks
The Media Networks segment includes international and domestic cable television networks, a domestic broadcast television network, television production operations,
domestic and international television distribution, domestic television stations, domestic broadcast radio networks and stations, and publishing and digital operations.
The Company’s cable networks include ESPN, Disney Channels Worldwide, ABC Family, and SOAPnet. The Company also operates the UTV/Bindass networks in India.
The cable networks group produces its own programs or acquires rights from third-parties to air programs on its networks.
ESPN is a multimedia, multinational sports entertainment company that operates eight 24-hour domestic television sports networks: ESPN, ESPN2, ESPNEWS,
ESPN Classic, ESPN Deportes (a Spanish language network), ESPNU (a network devoted to college sports), ESPN 3D, and the regionally focused Longhorn Network
(a network dedicated to The University of Texas athletics). Disney Channels Worldwide is a portfolio of over 100 entertainment channels and/
or channel feeds available in 35 languages and 167 countries/territories and includes Disney Channel, Disney Junior, Disney XD, Disney Cinemagic,
Hungama and Radio Disney. ABC Family is a United States television programming service that targets viewers in the 14-34 demographic.
ABC Family produces original live-action programming including the returning series The Secret Life of the American Teenager, Switched at Birth,
Melissa & Joey, as well as new original series Bunheads, Baby Daddy and the reality series Beverly Hills Nannies. SOAPnet offers same-day episodes of daytime dramas
and classic episodes of daytime dramas and primetime series. Programming includes daytime dramas such as Days of its Lives, General Hospital and The Young
and the Restless and classic episodes from series such as All My Children, One Life to Live, The O.C., One Tree Hill, Beverly Hills 90210,
The Gilmore Girls, Veronica Mars and Brothers & Sisters.
Parks and Resorts
The Company owns and operates the Walt Disney World Resort in Florida, the Disneyland Resort in California, Aulani, a Disney Resort & Spa in Hawaii,
the Disney Vacation Club, the Disney Cruise Line and Adventures by Disney. The Company manages and has effective ownership interests of 51% in
Disneyland Paris, 48% in Hong Kong Disneyland Resort and 43% in Shanghai Disney Resort. The Company also licenses the operations of the Tokyo Disney Resort in Japan.
The Company’s Walt Disney Imagineering unit designs and develops new theme park concepts and attractions as well as resort properties.
The Walt Disney World Resort is located 22 miles southwest of Orlando, Florida, on approximately 25,000 acres of owned land.
The resort includes theme parks (the Magic Kingdom, Epcot, Disney’s Hollywood Studios and Disney’s Animal Kingdom); hotels; vacation club properties;
a retail, dining and entertainment complex; a sports complex; conference centers; campgrounds; golf courses; water parks;
and other recreational facilities designed to attract visitors for an extended stay.
The Company owns 461 acres and has the rights under long-term lease for use of an additional 49 acres of land in Anaheim, California.
The Disneyland Resort includes two theme parks (Disneyland and Disney California Adventure), three hotels and Downtown Disney, a retail,
dining and entertainment complex designed to attract visitors for an extended stay. Tokyo Disney Resort is located on approximately 494 acres of land,
six miles east of downtown Tokyo, Japan. The resort includes two theme parks (Tokyo Disneyland and Tokyo DisneySea); three Disney-branded hotels;
six independently operated hotels; and a retail, dining and entertainment complex.
The Disney Vacation Club offers ownership interests in 11 resort facilities located at the Walt Disney World Resort; Disneyland Resort; Vero Beach, Florida;
Hilton Head Island, South Carolina; and Oahu, Hawaii. Disney Cruise Line, which operates out of ports in North America and Europe, is a vacation cruise line
that includes four ships: the Disney Magic, the Disney Wonder, the Disney Dream, and the Disney Fantasy. Adventures by Disney offers all-inclusive guided
vacation tour packages predominantly at non-Disney sites around the world. Walt Disney Imagineering provides master planning, real estate development,
attraction, entertainment and show design, engineering support, production support, project management and other development services, including
research and development for the Company’s operations.
Studio Entertainment
The Studio Entertainment segment produces and acquires live-action and animated motion pictures,
direct-to-video content, musical recordings and live stage plays. The Company distributes produced and acquired films
(including its film and television library) in the theatrical, home entertainment and television markets primarily under the Walt Disney Pictures, Pixar and Marvel banners.
The Company produces and distributes Indian movies worldwide through its UTV banner. The Company holds a 99% interest in UTV, film production studios
and film distributors in India, which produces and co-produces live-action and animated content. During fiscal year ended September 29, 2012 (fiscal 2012),
UTV releases included Rowdy Rathore and Barfi. The Company produces and distributes both live-action films and full-length animated films. In the domestic
market, the Company distributes home entertainment releases directly under each of its motion picture banners.
The Disney Music Group includes Walt Disney Records, Hollywood Records (including the Mammoth Records and Buena Vista Records labels), Lyric Street Records,
Buena Vista Concerts and Disney Music Publishing. Disney Theatrical Productions develops produces and licenses live entertainment events.
The Company has produced and licensed Broadway musicals around the world, including Beauty and the Beast, The Lion King, Elton John & Tim Rice’s Aida,
Mary Poppins (a coproduction with Cameron Mackintosh Ltd), Little Mermaid, Newsies, and TARZAN.
Consumer Products
The Consumer Products segment engages with among others licensees, publishers and retailers throughout the world who design, develop, publish,
promote and sell a range of products based on existing and new characters and other Company intellectual property through its Merchandise Licensing, Publishing
and Retail businesses. The Company’s merchandise licensing operations cover a diverse range of product categories, which include toys, apparel, home decor and f
urnishings, stationery, health and beauty, accessories, food, footwear, and consumer electronics. Disney Publishing Worldwide (DPW) creates, distributes,
licenses and publishes children’s books, magazines and digital products in multiple countries and languages based on
the Company’s Disney-, Pixar- and Marvel-branded franchises. The Company markets Disney- and Marvel-themed products through retail stores
operated under the Disney Store name and through Internet sites in North America (DisneyStore.com and Marvelstore.com),
Western Europe, and Japan. The Company owns and operates 216 stores in North America, 106 stores in Europe, and 47 stores in Japan.
Interactive
The Interactive Games business creates, develops, markets and distributes console and handheld, games worldwide, including 2012 titles,
such as Disney Universe and Brave. The Interactive Games business also produces online games, such as Disney’s Club Penguin and Disney Fairies Pixie Hollow,
interactive games for social networking websites such as Gardens of Time and Marvel Avengers Alliance, and games for smartphone platforms,
such as Where’s My Water and Where’s My Perry. Certain properties are also licensed to third-party video game publishers. Interactive Media develops,
publishes and distributes content for branded online services intended for kids and family entertainment through a portfolio of websites including Disney.com
and the Disney Family Network. Interactive Media also provides Website maintenance and design for other Company businesses.
Officers and Directors:
Executive Chairman of the Board, Chief Executive Officer: Robert A. Iger -
Mr. Robert A. Iger is Executive Chairman of the Board, Chief Executive Officer of Walt Disney Company. Prior to that time,
he served as President and Chief Executive Officer of the Company since 2005, having previously served as President and Chief Operating Officer since 2000
and as President of Walt Disney International and Chairman of the ABC Group from 1999 to 2000. From 1974 to 1998, Mr. Iger
held a series of increasingly responsible positions at ABC, Inc. and its predecessor Capital Cities/ABC, Inc., culminating in service as President of the
ABC Network Television Group from 1993 to 1994 and President and Chief Operating Officer of ABC, Inc. from 1994 to 1999.
He is a member of the Board of Directors of Apple, Inc., the Lincoln Center for the Performing Arts in New York City and the
National September 11 Memorial & Museum. Mr. Iger has been a Director of the Company since 2000. Mr. Iger contributes to the mix of experience
and qualifications the Board seeks to maintain primarily through his position as Chairman and Chief Executive Officer of the Company and his long
experience with the business of the Company. As Chairman and Chief Executive Officer and as a result of the experience he gained in 40 years at ABC and Disney,
Mr. Iger has an intimate knowledge of all aspects of the Company's business and close working relationships with all of the Company's senior executives.
Chief Financial Officer, Senior Executive Vice President, Treasureer: Christine M. McCarthy - Ms. Christine M. McCarthy is Chief Financial Officer,
Senior Executive Vice President, Treasurer of Walt Disney Company. She has been Executive Vice President - Corporate Finance and Real Estate since June 2005
and Treasurer since January 2000. Prior to her appointment as Executive Vice President, Corporate Finance and Real Estate,
Ms. McCarthy was Senior Vice President and Treasurer from January 2000 to June 2005. She is responsible for the company wide management
of a variety of functions including corporate finance, capital markets, financial risk management, pension and investments, risk management,
global cash management, and credit and collections, as well as the real estate organization, including facilities development, operations and portfolio management.
Prior to joining Disney, Ms. McCarthy was the Executive Vice President and Chief Financial Officer of Imperial Bancorp from 1997 to 1999. From 1981 to 1996,
she held various finance and planning positions at First Interstate Bancorp. In 1993, she was elected Executive Vice President in Finance.
Ms. McCarthy is a current Board member and former Chairman of the Finance Committee of Phoenix House of California, and is also a Governor of the UCLA Foundation
and a member of its Investment Committee. In 2002, she completed terms as the Treasurer and a Director of the Alumnae Association of Smith College,
and as a member of the Smith College Investment Committee. She also served as a Board member of the Los Angeles Philharmonic Association from 1998 to 2001.
In 2003 she became a Director of the Advisory Board of FM Global. Ms. McCarthy completed her Bachelor's Degree in Biology at Smith College,
where she received an award for excellence in botany, and later earned an MBA in Marketing and Finance from The Anderson School at UCLA.
Chief Operating Officer: Thomas O. Staggs - Mr. Thomas O. Staggs is Chief Operating Officer of Company. He was Chairman, Walt Disney Parks and
Resorts of The Walt Disney Company on January 1, 2010. Mr. Staggs was Chief Financial Officer, Senior Executive Vice President of The Walt Disney Company until January 1, 2010.
He joined Disney in 1990 as Manager of Strategic Planning and soon advanced through a series of positions of increased responsibility,
becoming Senior Vice President of Strategic Planning and Development in 1995 before becoming CFO and Executive Vice President in 1998. Born in Illinois,
he received a BS in business from University of Minnesota and an MBA from Stanford University. He worked in investment banking at Morgan Stanley & Co. before joining Disney.
Chief Human Resource Officer, Executive Vice President: Mary Jayne Parker - Ms. Mary Jayne Parker is Chief Human Resource Officer,
Executive Vice President of Walt Disney Company. She designated as an executive officer of the Company October 2, 2009.
Ms. Parker was previously Senior Vice President of Human Resources for Walt Disney Parks and Resorts from October 2005 to July 2007 and
Vice President Human Resources Administration for Walt Disney Parks and Resorts from March 2003 to October 2005. Previously,
Ms. Parker served as the Senior Vice President of Human Resources, Diversity and Inclusion for Walt Disney Parks and Resorts worldwide.
She also served as a member of the Walt Disney Parks and Resorts Executive Committee. Ms. Jayne began her Disney career in 1988,
developing the programs that became a part of the Disney Institute. Over the next 20 years, she took on positions of increasing responsibility,
including Manager and Director of Disney University, Director and Vice President of Organization Improvement and Vice President of Organization and Professional Development.
Prior to joining Disney, Jayne was a consultant with Wilson Learning Corporation, where she was responsible for designing and developing media-based programs and
management development seminars for education and assessment. During that time, products she developed were awarded first and second place by the
International Television & Video Association. Ms. Jayne is a member of the American Society for Training & Development (ASTD) and has held positions with the
ASTD Instructional Technology (IT) PPA Executive Committee. She has also assisted in the design of several ASTD National Conventions. In addition,
Ms. Jayne is a member of The Conference Board's Council for Division Leaders-Human Resources. Ms. Jayne holds degrees in communications and
education, a master's in instruction design and technology and an M.B.A., all from the University of Central Florida.
Senior Executive Vice President, General Counsel, Secretary: Alan N. Braveman: Mr. Alan N. Braverman is Senior Executive Vice President,
General Counsel and Secretary of Walt Disney Company. Mr. Braverman was named executive vice president and general counsel of
The Walt Disney Company in January, 2003. Mr. Braverman serves as the chief legal officer of the company and oversees its team of attorneys responsible for all aspects of
Disney's legal affairs around the world. Previously, Mr. Braverman was executive vice president and general counsel, ABC, Inc. and deputy general counsel,
The Walt Disney Company. In that capacity he oversaw the legal affairs of the ABC Broadcast Group, ESPN and Disney/ABC Cable, as well as labor relations.
In August 1996, prior to Disney's acquisition of ABC, Inc., Mr. Braverman was named senior vice president and general counsel, ABC, Inc. In October 1994,
he was promoted to vice president and general counsel. He joined ABC, Inc. in November 1993, as vice president and deputy general counsel. In his positions with ABC, Inc.
Mr. Braverman had broad responsibilities for the operation of the legal department, for government relations and for the Corporation's legal affairs.
Mr. Braverman joined Capital Cities/ABC, Inc. from the Washington, D.C. law firm of Wilmer, Cutler & Pickering, where he started in 1976. He became a partner in 1983,
specializing in complex commercial and administrative litigation.
Before joining Wilmer, Cutler & Pickering, Braverman was a law clerk to the
Honorable Thomas W. Pomeroy, Jr., Justice, Pennsylvania Supreme Court. Mr. Braverman received a B.A. degree from Brandeis University in 1969
and worked for two years as a Vista volunteer in Gary, Indiana. In 1975, he received a J.D. degree summa cum laude from Duquesne University in Pittsburgh,
where he was also editor-in-chief of the Law Review.
Senior Executive Vice President, Chief Strategy Officer: Kevin A. Mayer - Mr. Kevin A. Mayer is Senior Executive Vice President, Chief Strategy Officer of Walt Disney Company.
He previously was Partner and Head of the Global Media and Entertainment Practice of L.E.K. Consulting LLC, a consulting firm, from February 2002,
and Chairman and Chief Executive Officer of Clear Channel Interactive, a division of Clear Channel Worldwide, a media company, from September 2000 to December 2001.
Mr. Mayer rejoined Disney from L.E.K. Consulting LLC, where he was a partner and head of the Global Media and Entertainment practice.
Prior to L.E.K., Mr. Mayer held positions at interactive and Internet businesses.
As chairman and CEO of Clear Channel Interactive he managed all aspects of new media business, including content, sales, business and technology development,
and distribution. While at Clear Channel, Mr. Mayer launched local subscription ticketing services. He also served as president and CEO of Playboy.com, Inc.
where he established the overall strategy and financial plans for the interactive business. While at Disney, Mr. Mayer worked in both strategic planning and at Walt Disney Internet Group.
At the Internet group, he served as executive vice president and as such was responsible for the operations, business plans, creative direction and
distribution of Disney's popular Web sites, including ESPN.com and ABCNews.com. Mr. Mayer first joined Disney in 1993 as manager,
Strategic Planning where he spearheaded strategy and business development for all of Disney's interactive/Internet and television businesses worldwide.
Mr. Mayer received his M.B.A. from Harvard University in 1990, and holds a M.S.E.E. from San Diego State University and a B.S.M.E. from Massachusetts Institute of Technology.
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