DIS Jun 2024 165.000 put
| Previous Close | 73.57 |
| Open | 73.57 |
| Bid | 70.75 |
| Ask | 72.00 |
| Strike | 165.00 |
| Expire Date | 2024-06-21 |
| Day's Range | 73.57 - 73.57 |
| Contract Range | N/A |
| Volume | |
| Open Interest | N/A |
- Yahoo Finance Video
Disney doubles down on password sharing to boost profits
Disney (DIS) is taking a firm stance against password sharing as the entertainment giant prepares to implement measures to curb this activity across its streaming platforms. Set to commence in select markets next month, this crackdown will see a global rollout in September as the company aims to achieve sustained profitability. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
- Yahoo Finance Video
Disney CFO: We feel 'terrific' about our streaming progress
Disney (DIS) signaled it is closing in on profitability for all of its direct-to-consumer streaming services and networks, according to its fiscal second-quarter earnings results. While topping quarterly earnings estimates, Disney reported slowing experience spending by customers. From the 2024 Milken Conference, Yahoo Finance Executive Editor Brian Sozzi speaks to Disney CFO Hugh Johnston — who was brought on board at Disney in December 2023 — about the media giant's strategy for its streaming platforms (Disney+, Hulu, ESPN) and linear TV segments. "You're gonna see prices steadily go up over time in the streaming service, mostly because the content we have is worth paying for. So obviously we generate a lot of our own IP [intellectual property], both on the television series side as well as on the movie side," Johnston says. "And in addition to that, as we continue to build out the streaming service, in particular putting an ESPN tile on later this year and then adding ESPN flagship as an option next year, uh, we think there's just gonna be more and more value there for consumers, and they'll be willing to pay more for it." As streaming subscriptions dominate a good chunk of Disney's revenue, Johnston believes Disney is soon going to "hit a point" where linear customers will begin leveling off: "Eventually we're at the point where it's just the stayers that will be there." Johnston also discusses the performance of Disney parks businesses around the world, whether ripples of an economic slowdown are appearing in consumer spending, and Disney's proxy battle victory against activist investor Nelson Peltz. Catch more of Yahoo Finance's coverage at the 2024 Milken Institute Global Conference. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Disney earnings, Apple chips, Rivian partnership: 3 Things
Shares of the Walt Disney Co. (DIS) are dropping in Tuesday's pre-market trading after reporting mixed fiscal second-quarter earnings results as the media company struggles to bring all of its direct-to-consumer streaming businesses to profitability. Apple (AAPL) is joining the AI chips race, according to the Wall Street Journal, developing the tech to run its data center servers. Furthermore, Apple is reportedly in talks over a partnership with EV maker Rivian (RIVN). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
