Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Walt Disney 'may sell 67% stake in Hulu' - Citi
By: Investing.com | March 2, 2023
Citi believes Walt Disney (NYSE:DIS) may sell its 67% stake in Hulu, analysts revealed on Thursday.
The analysts also said, in parallel, they suspect Disney may secure the distribution rights to two Marvel characters held by Comcast (NASDAQ:CMCSA) — Hulk and Namor.
"Based on Hulu's level of profitability, the sale price, and Disney's use of proceeds, we see a wide range of outcomes from ~$3 downside to ~$13 of upside per Disney share. For Comcast, we see a balanced risk-reward of $2-3 per share in each direction, while the strategic and financial merits supports a positive move for the equity, in our view," the analysts explained.
Citi previously suggested two paths for Disney's direct-to-consumer business: to raise prices to narrow the EBIT gap or combine Disney+ and Hulu into a single app and increase the cadence of new releases, leaving price increases to the future.
"Following fiscal 1Q23 results, we believe the company is less interested in a mass market DTC offering. This raises the possibility that Disney may sell its Hulu stake," the analysts claim.
"While Disney owns all Marvel IP, Universal has distribution rights to Hulk and Namor. As such, if Disney makes a Hulk or Namor film, Comcast can distribute the film on Peacock. If Hulu is sold, Disney may use this as an opportunity to secure these distribution rights."
Although Disney does not report standalone Hulu financials, Citi assessed a range of values and estimate it is valued between $19.8 billion and $27.5 billion.
Read Full Story »»»
DiscoverGold
DIS CRAP IS SWIRLING... THE BIG FLUSH VERY SOON!!!!!!!!!
Until it did. Far from solid green.
Yep! 3 pm Central, 4 Eastern at the close. All in the green for DIS today. Just the facts!
Prudent Capitalist. At 3pm you were correct.
Negative. Disney has not printed one trade in the red today (Monday) and is solidly in the green. SMFH
OIC, so it’s the entire markets fault that Disney is red……hmmmm, must be those fictional boogeymen at work.
Walt Disney If this weekly shooter plays out like the last one, it would put Disney at new 52-week lows by April...
By: TrendSpider | February 25, 2023
• $DIS If this weekly shooter plays out like the last one, it would put Disney at new 52-week lows by April...
Playing out very similarly so far!
Read Full Story »»»
DiscoverGold
LMAO! The entire markets opened up deep red. SMFH
TIMBER Disney opens up deep, deep red. My guess is people are seeing what Disney stands for, represents and promotes with their sick, demented and perverted ways.
There is a ton of public knowledge information out there exposing Disney and their disgusting narrative.
Yep and there is tons of public information out there about this sick and demented company, Disney, and what it stands for, supports and promotes. It’s not hidden or attempted to be hidden, it’s all public knowledge and by the looks of things more and more are beginning to see the perversions of Disney.
$240 million? Gee people must be going to movie theaters………LMFAOOOOOO
Information in regards to the posted headlines about this sick and demented company, Disney, are really not to hard to find, all one has to do is Google the many headlines provided and wala, whoops there it is……it’s all public information….SMFH
Walt Disney Co. (DIS) 200D next spot to watch
By: Options Mike | February 20, 2023
• $DIS If you sell pops on this one you do well. Always struggles to hold it's head up.
200D next spot to watch.
Read Full Story »»»
DiscoverGold
DISNEY IS AN EXCELLENT SHORT!!!! HUGE SELL OFF COMING!!!!!!!!
lol like peeps said to short it at 80's then went to 100's not once but twice lmao
MASSIVE MARKET CRASH IS COMING.... DIS GOING SUB $80!!!!!!!!!!
GROOMER STOCKS WILL BE HIT HARD!!!!!!!
LMFAO! Two very old baseless articles or blog posts from unknown obscure writers/sources from a year ago when Bob Capek was CEO of DIsney which have no factual basis or relevance to what is actual The Walt Disney Co. of today under Bob Iger's leadership. The 2 links are so pathetic and false that they are laughable. SMFH
THE DOW CLOSED UP 130 POINTS AND THIS ROTTEN TURD CLOSED IN THE RED..... SWIRLING ROTTEN TURD ABOUT TO BE FLUSHED!!!!!!!!!
DIS STINKS!!!!!!!
*****CEO Bob Iger is a very savvy CEO and Disnet will thrive with him back
*****Great news for investors – Walt Disney is still trading at a fairly cheap price. According to my valuation, the intrinsic value for the stock is $132.77, which is above what the market is valuing the company at the moment
***** Disney to partner with a theater company ?
*****Yes it did ! And Disney is a solid company
Sheeeeeesh! I have looked far and wide and cannot find any evidence of your claim that Disney somehow promotes genitalia mutilation for children. And remember, all of those links from a year ago when Bob Capek was in charge are irrelevant now. He was properly fired and Bob Iger is back as CEO. Disney remains the leader in wholesome family entertainment and entertainment in general.
Sure was an awesome feel good story today witnessing the dump-a-thon of this pathetic company and what they stand for and support with their utterly sick and disgusting things they promote.
LMFAOOOOOOO ! Disney was down nicely in the red today and its content has not changed, still supporting children genitalia mutilation. More and more people know what Disney and its holders stand for. Down a very, very sharp 3.32 %…ouch, just ouch……..SMFH
DISNEY GOING BACK DOWN..... DEAD MONEY HOLDING THIS POS!!!!!!!!
LMAO! Disney outperformed the market today and was up nicely in the green, and its content is in very high demand across the entire entertainment spectrum. I will take +1.47% any day. SMFH
NOBODY IS INTERESTED IN DISNEY'S CONTENT ANYMORE..... NO WONDER THIS FESTERING PILE OF CRAP IS SLIDING DOWN!!!!!!!!
Disney remains JPMorgan's 'favorite name' for stocks in uncertain media industry
By: Morningstar | February 14, 2023
As newly reinstated CEO Bob Iger takes aim at 'bloated' costs, one analyst is feeling upbeat about Disney
JPMorgan's Philip Cusick is feeling "cautious" about the media industry, but he likes Walt Disney Co.'s potential.
He picked his coverage of Disney's (DIS) stock back up on Monday with an overweight rating and $135 price target, dubbing it his "favorite name" among media stocks and writing about his optimistic view of the company's transformation aims.
Among the positives for Disney are its "strong asset mix and what we expect to be a rapid decline in streaming losses in the next year," Cusick wrote.
Chief Executive Bob Iger is back at the helm of Disney, and he's focused on improving the company's streaming profitability. As such, Cusick expects Disney's margins will improve "as the company pares away what had become during COVID a bloated cost structure" in Disney Media and Entertainment Distribution.
Cusick also gets the sense that Disney might start hiking the price of its Disney+ service more regularly given Iger's comments suggesting a minimal impact on churn from the last increase.
"[W]e would be surprised if Disney+ price increases didn't become an annual thing for a few years anyway," Cusick wrote.
He weighed in as well on the future of Disney's involvement with Hulu, given that the company has the option to buy out Comcast's one-third stake in the streaming platform as soon as January 2024, though Iger recently said that it "isn't necessarily the case" that Disney will buy it.
"While CEO Iger has expressed in recent interviews that Hulu is less of a priority, we think this is posturing (similar to Comcast CEO Roberts saying in September he wanted to buy it), and that Disney still buys Comcast out of Hulu for the minimum $9 [billion]," Cusick wrote.
Additionally, he noted that he now models Disney paying out a dividend of $1 a share in fiscal 2024. The company suspended its dividend in 2020 as its business took a hit at the start of the pandemic.
Read Full Story »»»
DiscoverGold
Disney has always been a wonderful feel-good story and family-oriented company and Bob Iger is now back and all of the controversy during the very brief Bob Capek tenure as CEO before he was correctly fired is now in the rear-view mirror.
What a wonderful feel good story. Unfortunately it does not change the well documented fact Disney supports child genitalia mutilation and any retail investor or institution who buys and/or holds Disney stock also believes in and is supportive of this sick and demented belief!!
Hmmmmmm,
This is what Disney supports,
https://nypost.com/2023/02/06/critics-slam-disney-for-the-proud-family-anti-white-episode/
Supporting Disney in any form is support for their sick and delusional narratives!!
Disney (DIS) May Pay A 'Modest' Dividend, But Short Options Might Yield More
By: Barchart | February 12, 2023
The Walt Disney Company (DIS) released its earnings on Feb. 9 with major restructuring moves. Among these actions, management said it may pay a "modest" dividend by year-end. However, investors can potentially make more income by shorting out-of-the-money (OTM) puts and calls.
Disney's new CEO, Bob Iger stepped back into the role in November 2022 after having been Executive Chairman and CEO for many years up until retiring in 2021. But he soon faced pressure from Nelson Peltz, an activist investor from Trian Partners.
Peltz sent a letter to the Disney Board on Jan. 11 saying he will nominate himself as the Chairman. Among the changes he suggested in a scathing presentation, entitled “Restore the Magic,” was a restoration of the dividend by the year 2025. Peltz claimed that the company had poor capital allocation and should cut costs and reward shareholders.
But in the Feb 9 presentation and in the conference call with investors, CEO Iger said the company could be in a position by the end of the calendar year 2023 to pay a “modest” dividend.
However, in very fine print, barely visible, there is a footnote that says:
“Note: the decision to pay a dividend will be made by the Board and will take into account a number of factors, including the macroeconomic climate and its impacts, if any, on the Company at that time, as well as our outlook for the business.”
In other words, there are plenty of outs and Disney may keep on not paying a dividend if its Board is queasy.
Maybe the market wised up. A day later, by Friday close, Feb. 10, DIS stock was down $2.30 to just over $108 per share ($108.06). This is even below where it traded at the end of January when it closed on the 31st at $108.49.
As a result, investors shouldn't really count on receiving a dividend. They can easily make more yield by shorting out-of-the-money (OTM) calls and puts.
Shorting DIS Stock Calls And Puts
Even if the Board does decide to pay a dividend, investors shouldn't expect the dividend yield will be greater than one-half to one percent. By contrast, shorting OTM calls and puts in Disney stock could produce that yield in one month.
For example, for those comfortable doing a covered call (i.e., shorting an OTM call based on the number of shares already owned in one's account), the March 10 calls at the $116.00 strike price, 7.35% over Friday's price of $108.06, trades for $1.02 per call contract.
That is almost 1.0% (0.944%) of the stock price. And if investors can repeat this every month, the annualized yield is equal to 11.33%.
DIS Calls - March 10 expiration - Barchart - As of Feb. 10, 2023
In addition, the $117.00 strike price, which is 8.27% over the spot price, trades for 84 cents. This provides a yield-to-put spot price of 0.777%. That works out to an annualized yield of 9.33%.
Both of these are ample dividend yields, much higher than the stock could provide in a dividend yield. Moreover, the call strike prices are 7 to 8% above today's price. Even the $118 strike price, which is 9.2% over today's price, has a good yield of 0.629% on a monthly basis, and 7.55% at an annualized rate. This higher strike price makes it less likely that the investor will have to sell the stock by the end of the 28 expiration period.
Another way to play this income trade, without any risk that your stock is called away, is to short put option contracts in OTM strike prices.
For example, the investor secures $10,000 in cash and/or margin with the brokerage firm. The investor then can short 1 put contract in a trade designated as “sell to open." At the price received of $1.01 the investor immediately receives $101 per put contract sold to open.
That means that the investor earns a 1.01% return on the cash secured with the brokerage firm (i.e., $101/$10,000). The trade is considered a cash-secured put as, despite selling a put contract to buy shares that one does not own, there is sufficient cash at the designated sell price to pay for them if the contract is exercised. That will only happen if DIS stock falls 7.46% from $108.02 to $100.00 or lower.
Moreover, as the investor receives $1.01 per put contract, his or her breakeven price is actually $100-$1.01 or $98.99 per share. That means DIS stock will have to fall by $9.03 by or before March 10, or over 8% (i.e., $9.03/$108.02=8.36%). In other words, that is a steep decline. In all likelihood, the investor will likely keep most of the shorted premium, and if the trade can be repeated 12 months in a row, it works out to an annualized yield of 12.12% (i.e., 1.01% x 12).
As I wrote in a previous article on Disney stock options, this type of income options trade is very popular with investors and is likely to keep on paying dividends, so to speak, for Disney traders.
Read Full Story »»»
DiscoverGold
This Is Why You Shouldn't Have Bought Disney (DIS) After Earnings
By: Tom Bowley | February 12, 2023
Monthly options expiration creates a whole new set of headaches for retail traders. As if trading wasn't already hard enough, throw in the short-term financial incentive for market makers to "manipulate" prices and cash in big time at options expiration, and you have a recipe for significant volatility.
So, let's combine options expiration and the Walt Disney (DIS) quarterly earnings report and I think you'll understand where I'm coming from. Earnings blew away estimates, $0.99 vs. $0.69. Quarterly revenues also sailed past expectations, $23.51 billion vs. $23.34 billion. Not too surprisingly, DIS gapped higher and opened at 118.04 on Thursday morning, the day after it reported earnings. That was from its prior close of 111.78. DIS closed on Friday at 108.06, roughly 10 bucks beneath that Thursday morning open (see chart below).
I don't know if DIS makes it all the way back to 100.73, but I do know that our directional clue is lower. Trading, to me, is all about managing risk. Traders MUST be aware that buying DIS at Thursday's open would have been a HUGE mistake, whether DIS goes down or not. DIS could have continued climbing, but it wasn't worth the risk!
When everyone buys after solid fundamental news, market makers provide the liquidity necessary on the short side, selling into that buying. I can guarantee you (and I don't guarantee very much) that market makers will take advantage of retail traders to make inordinate amounts of money. That's the way the system is set up, so we either use it to our advantage or lose our capital. It's our choice. What most traders don't realize, however, is that Disney's "max pain" level for February is currently just above 100.00. So when DIS opened on Thursday morning at 118, there was roughly $134.7 million of net in-the-money call premium that market makers would owe at this Friday's close (February 17, the third Friday of every month is options-expiration Friday for monthly options). However, by the close this past Friday, that liability had shrunk to $70.6 million. Market makers have saved $64 million in net options premium on DIS and, if prices actually drop to 100.73, the point of DIS max pain, that savings will grow another $18 million.
Read Full Story »»»
DiscoverGold
Walt Disney Co. (DIS) Disney has a history of giving earnings moves back. 108 Support then the 21D
By: Options Mike | February 12, 2023
• $DIS if don't trade with us, told members will fly after hours if you here layoffs and cost cutting.
Huge win for us, but also told members Disney has a history of giving earnings moves back.
108 Support then the 21D.
Read Full Story »»»
DiscoverGold
$DIS We've seen this one before from Disney...
By: TrendSpider | February 11, 2023
• $DIS We've seen this one before from Disney...
Read Full Story »»»
DiscoverGold
2,290 Shares in The Walt Disney Company (DIS) Acquired by Udine Wealth Management Inc.
By: MarketBeat | February 10, 2023
• Udine Wealth Management Inc. purchased a new position in The Walt Disney Company (NYSE:DIS - Get Rating) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,290 shares of the entertainment giant's stock, valued at approximately $216,000...
Read Full Story »»»
DiscoverGold
More layoffs at WokeDisney.
Keep your children far away from this company as possible. So sad to see this once great company crumble.
Well, nevermind..Go Woke Go Broke.
Serves them well. Dump this ticker out of your 401k ASAP.
Nor sure what constitutes supporting of Disney but we have held large blocks of DIS in tax-deferred retirement accounts for well over 30 years, automatically reinvesting all dividends at no cost to us. Our cost/tax basis is almost nothing. Has been a tremendously profitable long-term investment, and with the increased price targets and future outlook for DIS with Bob Iger back at the helm, we do not plan to sell any time soon.
And, back around 2005 or 2006 they invited our daughter's High School marching band to Disneyworld in Florida, and it was great. They performed and marched in the parade at Magic Kingdom one day and then performed at EPCOT another night marching all the way around the world at Epcot. We took the entire family and had a fabulous week visiting all of the parks.
LMAO! That Blog post from an unknown blogger (Jon Del Arroz) is almost a year old and was referring to Bob Capek's tenure as Disney CEO in early 2022. Everything has changed with Capek's firing and the return of Bob Iger in November. Let's focus on the current situation with Disney that has its shares up nicely this year i 2023, and since Capek's firing last year.
PUMP & DUMP TRASH STOCK NOW TRADING IN THE ***RED***!!!!!!
FOOLISH BAGHOLDERS WASTING THEIR MONEY IN THIS SICK COMPANY!!!!!!
... ALMOST ***$50 BILLION*** IN DEBT!!!!!!!!!!
Disney Revenues (Billions)... (2006-2022)
By: Charlie Bilello | February 9, 2023
• Disney Revenues (Billions)...
2022: $84
2021: $73
2020: $61
2019: $75
2018: $59
2017: $56
2016: $55
2015: $54
2014: $50
2013: $46
2012: $43
2011: $41
2010: $39
2009: $36
2008: $37
2007: $36
2006: $35
Read Full Story »»»
DiscoverGold
Disney Net Income (Billions)... (2006-2022)
By: Charlie Bilello | February 9, 2023
• Disney Net Income (Billions)...
2022: $3.3
2021: $3.1
2020: -$5.0
2019: $10.4
2018: $11.0
2017: $10.9
2016: $9.0
2015: $9.1
2014: $7.8
2013: $6.6
2012: $5.6
2011: $5.0
2010: $4.4
2009: $3.3
2008: $4.0
2007: $4.2
2006: $4.3
Read Full Story »»»
DiscoverGold
Disney (DIS) Earnings Create Options Frenzy
By: Schaeffer's Investment Research | February 9, 2023
• Disney reported fiscal first-quarter earnings and revenue last night
• Options volume is running at nine times intraday average
Options traders are taking aim at Walt Disney Co (NYSE:DIS), after the blue chip's better-than-expected fiscal first-quarter earnings report. The stock is up 4.3% to trade at $116.61 at last check, boosting the broader market in the process.
In the first half hour of trading, 84,000 calls and 37,000 puts have exchanged hands, volume that's nine times the intraday average. Most popular by far is the weekly 2/10 120-strike call, followed by 117-strike call in the same series, with new positions being opened at the latter.
In the first earnings report since the return of Bob Iger to his role as CEO in November, Disney reported earnings of 99 cents per share on revenue of $23.51 billion, both of which beat analysts' expectations. A recent price hike in Disney's streaming services likely weighed on the results, but was offset by significant year-on-year growth in its theme park unit.
The company also joined a growing list of company's announcing job cuts, with 7,000 jobs nixed as part of a restructuring plan to save $5.5 billion and make Disney+ more profitable.
The stock has received at least six price-target hikes following the report, the highest coming from Wells Fargo, to $141 from $125. DIS is now up 38.6% off its Dec. 28 two-year lows of $84.07. A trendline to monitor is the shares' 320-day moving average, which is so far capping today's rally and has not been toppled on a closing basis since November 2021.
Read Full Story »»»
DiscoverGold
$48.38B DEBT.... NO FUTURE FOR THESE GROOMERS.... BANKRUPTCY AHEAD!!!!!!!
WALL STREET'S DESPERATION SHOWS WHEN THEY RESORT TO PUMPING PEDO STOCKS... THE END OF THIS BUBBLE IS NEAR!!!!!!!!
WHO EVER BOUGHT THIS DISGUSTING POS STOCK PRE-MARKET IS ***LOSING*** MONEY!!!!!!!!
DUMP THIS STINKING CRAP BEFORE IT GOES SUB $100!!!!!!!!!!!!
CHATGPT SAID DISNEY'S SHAREHOLDER LIST REPRESENTS A DEMOGRAPHIC ALIGNED WITH MANAGMEMENT'S BELIEFS!!!!!!
Sheeeeesh! That is total nonsense. As confirmed in the link you posted below all of Disney's streaming services added subscribers in Q4 of 2022, and none of them in any way "tanked."
Followers
|
216
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
6288
|
Created
|
10/04/00
|
Type
|
Free
|
Moderators DiscoverGold |
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.
UPDATE; 07-31-2018
[-chart]media.bizj.us/view/img/10989085/fox-merger3*750xx.png[/chart]
[-chart]finviz.com/chart.ashx?t=DIS&ty=c&ta=1&p=d&s=l[/chart]
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |