Disney Plus

Walt Disney Co (NYSE: DIS) shares gained 2.4% on Friday after the company reported a better-than-expected earnings loss in the third quarter and said its Disney+ streaming service now has more than 73 million paid subscribers. Disney reported an adjusted third-quarter EPS loss of 20 cents, beating...

Walt Disney Co (NYSE: DIS) designed a strategic organization to accelerate its transition to a "real direct-to-consumer priority company, CEO Bob Chapek said Thursday afternoon on CNBC's "Closing Bell." Strategic Reorganization: Disney announced a strategic reorganization of its...

Walt Disney Co (NYSE: DIS) reported fourth-quarter earnings, which saw a continued impact from the COVID-19 pandemic hitting several lines of the business. Earnings: Revenue for Disney was $14.71 billion in the fourth quarter, which beat the street consensus of $14.2 billion. The company...

Activist investor Dan Loeb of Third Point is calling on Walt Disney Co (NYSE: DIS) to maintain its dividend cut to fund its streaming offering Disney+. What He Said: Loeb took a stake in Disney in early 2020. After increasing his holdings, he now owns 5.5 million shares of the...

Netflix Inc (NASDAQ: NFLX) co-CEO and co-founder Reed Hastings was interviewed by CNBC’s Andrew Ross Sorkin this week and shared his thoughts on the streaming video platform and its competitors. Netflix shares are up 55% in 2020. Tech Vs. Media: Hastings wants Netflix to be...

Walt Disney Co (NYSE: DIS) shares gained 6.2% on Wednesday morning after the company reported more than 100 million streaming subscribers on Tuesday and said it plans to launch an additional streaming service. Disney reported fiscal third-quarter adjusted EPS of 8 cents, well ahead of consensus...

Walt Disney Co (NYSE: DIS) reported adjusted quarterly earnings of 8 cents per share on Tuesday, which does not compare to the analyst consensus estimate of a 64-cent loss. The company reported quarterly sales of $11.78 billion, which missed the analyst consensus estimate of $12.39 billion by...

Netflix Inc (NASDAQ: NFLX), which added a record net 15.77 million paid subscribers in the first quarter, is poised to comfortably beat its guidance when it reports second-quarter results July 16, according to a Credit Suisse analyst.  The Netflix Analyst: Douglas Mitchelson maintained an...

Shares of streaming giant Netflix Inc (NASDAQ: NFLX) have outperformed the broader market, rendering its valuation less attractive. An analyst at Imperial Capital zeroed in four reasons for the strong showing. The Netflix Analyst: David Miller downgraded shares from Outperform to In-Line but...

Walt Disney Co (NYSE: DIS) shares bounced on Wednesday after the company reported mixed fiscal second-quarter earnings on Tuesday afternoon. Disney said parks and cruise operating income plummeted 58% in the quarter, but coronavirus (COVID-19) shelter-in-place measures also significantly boosted...

Walt Disney (NYSE: DIS) reported quarterly earnings of 60 cents per share on Tuesday, which missed the analyst consensus estimate of 88 cents by 31.82%. This is a 62.73% decrease over earnings of $1.61 per share from the same period last year. The company reported quarterly sales of $18.090 billion...

Even before the COVID-19 pandemic, secular trends didn’t bode well for traditional media companies. Cord-cutting triggered a decline in subscriptions and a loss of ad dollars to streaming services. One analyst expects no relief from the pressure. The Ratings RBC Capital Markets analyst Kutgun...

Walt Disney Co (NYSE: DIS) said last week its new streaming video service Disney+ has 50 million subscribers, but this is no reason for investors to celebrate, according to Strategic Wealth Partners Mark Tepper. Streaming Unprofitable Business Disney's management previously guided for 60-90...

In the last two months, Walt Disney Co (NYSE: DIS) has nearly doubled its paid Disney+ subscriptions. The service’s recent surge beyond the 50 million mark was “jaw dropping” to one analyst — and it turns up the heat for rival streamers like Apple Inc. (NASDAQ: AAPL). The...

Walt Disney Co (NYSE: DIS) shares were flat on Wednesday after one analyst downgraded the stock and said Disney+ growth won’t be enough to offset the next two years of subpar theme park attendance. The Disney Analyst Wells Fargo analyst Steven Cahall downgraded Disney from...