The Walt Disney Company reported third-quarter earnings on Tuesday. Despite some very impressive numbers, earnings were hurt by the digestion of Fox Studios and costs associated with its new streaming service. Let’s look at the headline numbers and dive into the most important metrics to see where Disney had trouble and what to expect from the stock going forward. Breaking Disney Down Diluted...
Following Netflix’s report of declining subscriptions and subsequent drop in its stock price, the company is pivoting in its original content strategy to target a curious new demographic: toddlers. The Netflix Preschool Pivot Netflix appears to want to challenge Disney’s new streaming service by offering up a host of new shows aimed preschool-age viewers. Netflix must constantly pivot to stay...
The earnings parade has begun, and so far the stock market is showing just a few jitters. All eyes are on the FANG stocks, including content streaming behemoth Netflix, which will be reporting second-quarter earnings later today. The stock has already ballooned by more than one-third year-to-date, but given the bullish performance of other growth stocks, Wall Street analysts say NFLX has more...
As more players in the streaming content world enter the market, life is getting increasingly difficult for Netflix. Following its merger with AT&T, Warner Bros. will launch WarnerMedia’s streaming service called HBO Max next year. It will include the hit series “Friends," which will be pulled from Netflix. This follows Netflix losing “The Office” back to NBCUniversal last month. The Netflix...
The latest version of Toy Story 2, first released in 1999, is missing a beloved fake blooper scene at the end. Fans noticed that when the 4K edition came out earlier this year, there was something missing: Stinky Pete's casting couch. Take a Walk Stinky Pete, You're Not Welcome in Post-#MeToo Toy Story All four installments of Toy Story have featured made-up “bloopers” at the end of the movie. A...
By CCN Markets: The Walt Disney Company’s merger with 21st Century Fox was hailed in the entertainment industry as a great deal for both companies. There’s a lot of truth to that, particularly for Disney, as far as revenue is concerned. Disney obtained the rights to numerous franchises under the Fox banner, including Avatar, Men In Black, Alien, Die Hard, Home Alone, Maze Runner, Night at the...
By CCN: Forbes writer Stephen McBride believes that Netflix's days are numbered. Disney+ will soon be entering the already-crowded streaming market, and Netflix will subsequently lose most of its best content for a substantial market: kids and families. Come for the awe-inspiring animation style(s), stay for a beautiful story about the importance of family, teamwork, and believing in yourself...