|Bid||31.65 x 800|
|Ask||34.97 x 800|
|Day's Range||32.37 - 33.74|
|52 Week Range||15.99 - 34.06|
|Beta (3Y Monthly)||1.15|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 8, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.88|
In its Q3 earnings call, Netflix is predicting the future of television will be forged by Rupert Murdoch's "New Fox" live news and sports.
The Walt Disney Company (DIS) is on track to reduce the overall cost of acquiring the majority of 21st Century Fox’s (FOX) operations. Fox and Disney have agreed to sell the 39% stake that Fox holds in British broadcaster Sky.
Jim Cramer flies through his take on callers' favorite stocks, including a discount retail play with an e-commerce twist.
Discovery Communications (DISCA) has recently struck carriage deals to put more of its channels in front of ~22.3 million online video consumers. One of the deals saw the company expand its distribution agreement with Hulu. The expanded agreement adds Discovery channels such as Animal Planet, Investigation Discovery, and Motor Trend to Hulu’s programming.
Bilibili Inc. (“Bilibili” or the “Company”) (BILI), a leading online entertainment platform for young generations in China, today announced that it has partnered with Discovery, Inc. to launch a new Discovery branded channel for its platform in China. The “bilibili x Discovery” branded channel delivers exclusive, engaging and unmatched high-quality factual content from Discovery to a young and wide-ranging Chinese audience base. The partnership includes 145 documentaries and 200 hours of exclusive content, produced by Discovery, which will be published on the “bilibili x Discovery” channel by the end of 2018.
Comcast, Disney and AT&T have spent a combined $195 billion on deals for Sky, Fox and Time Warner, respectively, this year. Smaller media companies looking for buyers, which could include Comcast, Disney and AT&T, may have to wait until the large acquirers digest their current deals. The biggest media companies still want to eat, but first, they're going to need a break to digest.
Comcast, Disney and AT&T want to increase their scale, but they're probably going to need to take a break and digest their megadeals before going back into the market.
The S&P 500 telecommunications sector is morphing into an all-new communications services sector, effective at the end of September; the sector shuffle has implications for shareholders of dozens of legacy and newer U.S. media, entertainment and telecommunications stocks. Here's how one top Wall Street technician plans to profit from the move.
Investing.com - The S&P 500 eked out a win on Wednesday as optimism over U.S.-China trade helped offset a retreat in tech.
Inc. announced deals to have its channels carried on web TV services offered by Hulu and SlingTV, giving the company more reach on the new generation of online “skinny” pay-TV bundles. The multiyear Hulu deal will add Discovery Channel, TLC, Investigation Discovery, Motor Trend and Animal Planet to Hulu’s $40-a-month live web TV service, joining other Discovery-operated networks that were already carried, such as HGTV and Food Network.
The deal launches Hulu further into the live streaming space, and broadens viewership for Discovery as cord-cutting continues to hurt traditional TV ratings.
CNBC Media Alert: CNBC's David Faber Interviews Discovery Communications President & CEO David Zaslav, and Viacom President & CEO Bob Bakish Tomorrow|| 105444932
CBS is more likely than ever to merge with Viacom now that Les Moonves has departed as CEO. While National Amusements has promised not to propose a merger for two years, nothing stops the boards of both companies from starting talks. A lack of options for CBS makes a deal with Viacom the most likely endgame scenario for the company.
Discovery (DISCA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Russell 2000 topped resistance around the 1700 price level. Watch for the index to hold that level.
Discovery (DISCA) is considering joining Walt Disney (DIS) in launching its own standalone direct-to-consumer streaming video service, its CEO, David Zaslav, hinted when he spoke at a recent industry event. In April, Disney launched a streaming service called ESPN Plus that’s aimed at sports fans. The company is also on track to launch another streaming service aimed at a broader audience next year to take on Netflix (NFLX).
The current consensus for earnings is still about 10 billion renminbi, below full-year guidance. Currency devaluation, for example, would take about $12 from our sum-of-the-parts estimate for the shares. Walt Disney • DIS-NYSE In Line • $116.56 on Aug. 7 by Imperial Capital The entertainment company generated revenues of $57.9 billion, segment operating income of $15.2 billion, Ebitda of $17.9 billion, and net earnings per share of $6.91 for the latest 12 months, ended on June 30, 2018.