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Zacks News
Walt Disney Company has assets that span movies, television, publishing and theme parks. Revenues were $65.39 billion in fiscal 2020. Media Networks (43.4% of total revenues), Studio Entertainment (14.7% of revenues), Parks, Experiences & Consumer Products (25.2% of revenues), and Direct-to-Consumer (DTC) & International segment (25.9% of revenues). Consumer products business engages with licensees, manufacturers, publishers and retailers to design, develop, publish, promote and sell a wide variety of products based on existing and new Disney characters and other intellectual property via its Merchandise Licensing, Publishing and Retail businesses throughout the world.
Videogame Stock Roundup: Nintendo's Solid Switch Sales, EA's Star Wars Battlefront 2 Out in November
by Zacks Equity Research
Per research firm, NPD, Nintendo's (NTDOY) Switch sold 906K units in March alone. The company is now reportedly looking to launch a miniature version of its Super Nintendo Entertainment System (SNES), this holiday season.
Your Complete Guide to All the Things Owned by Disney
by Madeleine Johnson
The Walt Disney Company (DIS) is one of the biggest media and entertainment corporations in the world, but what companies, exactly, does Disney operate? Here's a breakdown of the companies by industry that the media conglomerate owns.
Should You Look at These Dow Stocks Instead of Dow ETF?
by Sanghamitra Saha
Forget Dow ETF, rather look at these Dow components for likely gains in the ongoing earnings season.
Verizon's CEO Open to Merger Talks with Disney, Comcast, CBS
by Ryan McQueeney
In the face of a changing industry, Verizon Communications (VZ) is apparently open to discussing merger possibilities with a variety of media and telecom giants. Verizon Chief Executive Officer Lowell McAdam would welcome merger talks with Comcast Corp. (CMCSA), Disney (DIS), or CBS Corp. (CBS).
Here's How Apple Can Reach a $1 Trillion Valuation
by Ryan McQueeney
With a market cap of nearly $750 million, Apple is the largest publicly-traded company in the world. Here's how it can keep getting bigger and become the first $1 trillion company.
What to Expect from Mattel (MAT) this Earnings Season?
by Zacks Equity Research
Leading toy-maker Mattel, Inc. (MAT) is scheduled to report first-quarter 2017 numbers on Apr 20, after market close.
Dow 30 Stock Roundup: Microsoft Buys Cloud Tech Firm, Disney's "Beauty and the Beast"
by Swarup Gupta
The index experienced an eventful and holiday shortened week, marked by growing geopolitical tensions.
Disney's (DIS) Beauty and the Beast Nears $1 Billion Mark
by Zacks Equity Research
The company's latest live-action remake "Beauty and the Beast" is only few million away from touching the magical figure of $1 billion.
CBS Corporation Tops Rating Chart on March Madness Success
by Zacks Equity Research
In the previous week, CBS Corporation (CBS) topped the rating chart again fueled by "March Madness".
MSGN Stock Heats Up on Sale Rumors: Who Should Buy the Knicks' TV Partner?
by Benjamin Rains
New York area regional cable television network, MSG Networks Inc. (MSGN) is currently being shopped by ownership, and its stock price is heating up based on the reports.
The Zacks Analyst Blog Highlights: Disney, Texas Instruments, Lockheed Martin, Bank of New York Mellon and Vertex Pharmaceuticals
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Disney, Texas Instruments, Lockheed Martin, Bank of New York Mellon and Vertex Pharmaceuticals
Dow 30 Stock Roundup: Apple Buys Workflow, J&J Wins European Label Expansion
by Swarup Gupta
The Dow experienced a mixed week, with most of its gains coming from encouraging economic releases.
3 Reasons Why BuzzFeed Might IPO in 2018
by Joseph Lu
"BuzzFeed plans its [insert year] IPO," has been a familiar headline for the New York-based media company since 2014. While BuzzFeed CEO Jonah Peretti has never confirmed going public, he has hinted in different instances about going public in the future.
Will Disney's Beauty and the Beast Enter $1 Billion Club?
by Zacks Equity Research
The Walt Disney Company's (DIS) live-action remake "Beauty and the Beast" topped the charts with domestic second weekend collections of $88.3 million.
Disney Shines Under CEO Iger, Contract Extended to 2019
by Zacks Equity Research
Ever since Iger's appointment as CEO in 2005, Disney has scaled new heights and emerged as the world leader in the entertainment industry.
With Live-Action Remakes, Disney is Banking on Nostalgia
by Madeleine Johnson
Over the weekend, The Walt Disney Co.'s (DIS) highly-anticipated live-action remake of its beloved animated classic, Beauty and the Beast, made an absolute killing at the box office, bringing in $170 million.
Disney's Beauty and the Beast Scales New Highs at Box Office
by Zacks Equity Research
The Walt Disney Company's (DIS) live-action remake "Beauty and the Beast" has made a great start in domestic market, with an impressive $170 million collection in the opening weekend.
Will Disney's (DIS) Box Office Success Offset ESPN Woes?
by Zacks Equity Research
Media behemoth, The Walt Disney Company (DIS) has been riding high on its box-office hits, impressive performance of the Parks & Resorts division and BAMTech deal.
Twitter's (TWTR) Prominent Accounts Hacked, Shares Fall
by Zacks Equity Research
Reportedly, Twitter Inc (TWTR) was in for a rude shock after some of its high profile accounts were hacked and used to post tweets in favor of Turkish President Recep Tayyip Erdogan.
Dow 30 Stock Roundup: Exxon to Invest $20B on US Gulf Coast Facilities, IBM, Salesforce Partner to Bolster A.I. Presence
by Swarup Gupta
The Dow slipped lower over the week due to multiple factors, including comments made by the incumbent President.
Time Warner's Game of Thrones to Return on HBO on July 16
by Zacks Equity Research
Game of Thrones fans can rejoice as the hottest property of Time Warner Inc. (TWX) is all set to return for its highly anticipated seventh season on July 16.
5 Top Stocks to Buy as Bull Market Turns Eight
by Tirthankar Chakraborty
We have selected 5 Buy-ranked stocks that have outperformed in the current bull market with room to run higher.
Disney's ESPN Likely to Cut Jobs; Subscriber Woes Remain
by Zacks Equity Research
There seems to be no end to the plight for The Walt Disney Company's (DIS) ESPN, as the media behemoth is struggling to bring ESPN back on track.
Comcast Invests in Digital Media Industry, Eyes Snap Inc
by Zacks Equity Research
Comcast (CMCSA) came up with an IPO (initial public offering) investment of $500 million in social media company, Snap Inc.
Comcast to Buy Remaining Stake in Universal Studios Japan
by Zacks Equity Research
Comcast's (CMCSA) NBC Universal unit has decided to buy the remaining 49% stake in Universal Studios Japan for $2.3 billion.