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The Walt Disney Company - DIS STOCK NEWS

Welcome to our dedicated page for The Walt Disney Company news (Ticker: DIS), a resource for investors and traders seeking the latest updates and insights on The Walt Disney Company stock.

The Walt Disney Company (DIS), widely known as Disney, is an American multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California. Established over a century ago, Disney has grown to become a leading force in the entertainment industry.

Core Segments:

  • Entertainment: This segment includes the ABC broadcast network, numerous cable television networks, and popular streaming services such as Disney+ and Hulu. Disney also produces and distributes movies and television content, with some content kept exclusively for its platforms and networks.
  • Sports: The sports segment is dominated by ESPN and its streaming service, ESPN+. This allows Disney to cater to a diverse audience interested in live sports and related programming.
  • Experiences: This segment focuses on Disney's theme parks and vacation destinations, which are world-renowned for their immersive experiences. It also encompasses merchandise licensing, leveraging Disney's iconic franchises like Mickey Mouse, Star Wars, and Marvel.

Recent Achievements and Projects:

Disney has continually evolved, embracing the digital age with the rapid growth of Disney+ and Hulu. These platforms have attracted millions of subscribers worldwide, thanks to a vast library of content including new releases, classic films, and exclusive series.

Financial Condition:

Despite challenges faced during the global pandemic, Disney has shown resilience. Its diverse revenue streams from streaming, traditional media, and theme parks have helped the company maintain a strong financial footing. The recovery in theme park attendance and the sustained growth of Disney+ subscription numbers are critical factors driving Disney's financial stability.

Partnerships and Collaborations:

Disney continues to forge strategic partnerships to expand its content and distribution capabilities. Collaborations with major studios and technology firms enhance its offerings and deliver cutting-edge entertainment experiences to audiences.

Disney's enduring legacy and commitment to innovation ensure it remains a pivotal player in the entertainment industry. Investors and fans alike follow Disney for its consistent delivery of high-quality content and memorable experiences.

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The Walt Disney Company and UNCF announced the 2023 Disney UNCF Corporate Scholars, who will receive scholarships and mentorship opportunities. The program also includes new scholarships in honor of director John Singleton, as well as scholarships for sports journalists and a partnership with National Geographic.
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Disney+ announces the launch of an ad-free bundled subscription plan in the U.S., featuring Disney+ Premium and Hulu (No Ads) for $19.99/month. The plan will be available starting September 6. Disney+ also plans to expand its ad-supported offering in select markets across Europe and Canada, starting November 1.
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The Walt Disney Company (DIS) reported a 4% growth in revenues for the third quarter and an 8% growth for the nine months ended July 1, 2023. However, diluted earnings per share (EPS) from continuing operations for the quarter was a loss of $0.25 compared to income of $0.77 in the prior-year quarter. Excluding certain items, diluted EPS for the quarter was $1.03, down from $1.09 in the prior-year quarter. EPS from continuing operations for the nine months ended July 1, 2023 decreased to $1.14 from $1.66 in the prior-year period. Excluding certain items, diluted EPS for the nine months ended July 1, 2023 decreased to $2.94 from $3.22 in the prior-year period. The company's CEO, Robert A. Iger, expressed confidence in Disney's long-term trajectory due to the restructuring efforts and improved efficiencies resulting in cost savings and increased direct-to-consumer operating income.
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Disney: 'Wonder of Princess' Month-Long Celebration of Disney100 with New Consumer Products, Games, and Publishing Offerings, Including LEGO Disney Princess Special on Disney+. World Princess Week to Culminate Festivities
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Sea Turtle Conservancy (STC) and Disney Conservation Fund release two sea turtles named Madame Leota and Harriet as part of the 16th annual Tour de Turtles 'migration marathon' at Disney's Vero Beach Resort. The event aims to track the migration of sea turtles and provide scientific data on their protection. The turtles are sponsored by the Disney Conservation Fund and Disney Cruise Line, with names inspired by characters in Disney's 'Haunted Mansion' movie.
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Disney Games (DIS) launches Disney Illusion Island, a cooperative 2D platform adventure video game for Nintendo Switch, featuring Mickey Mouse, Minnie Mouse, Donald Duck, and Goofy. The game offers an original story, hand-drawn animation, and an original fully orchestrated score. Available for $39.99.
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The Walt Disney Company has announced the promotion of Alexia Quadrani to the role of Executive Vice President, Investor Relations. Quadrani will be responsible for expanding the company's relationships with investment analysts and investors worldwide, providing input on financial reporting activities, managing stock share administration, and leading engagement with the governance community and ESG-focused investors.
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Disney CEO, Robert A. Iger, will appear on CNBC's Squawk Box for an interview at the Sun Valley conference.
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FAQ

What is the current stock price of The Walt Disney Company (DIS)?

The current stock price of The Walt Disney Company (DIS) is $115.65 as of November 22, 2024.

What is the market cap of The Walt Disney Company (DIS)?

The market cap of The Walt Disney Company (DIS) is approximately 207.8B.

What are the primary business segments of Disney?

Disney operates in three primary business segments: Entertainment, Sports, and Experiences.

What streaming services does Disney own?

Disney owns Disney+ and Hulu streaming services.

How has Disney adapted to the digital age?

Disney has embraced the digital age with the rapid growth of its streaming platforms like Disney+ and Hulu.

What are some of Disney's well-known franchises?

Disney's iconic franchises include Mickey Mouse, Star Wars, and Marvel.

Where is The Walt Disney Company headquartered?

Disney is headquartered at the Walt Disney Studios complex in Burbank, California.

What notable networks does Disney own in its Entertainment segment?

Disney owns the ABC broadcast network and several cable television networks.

What is included in Disney's Experiences segment?

Disney's Experiences segment includes its theme parks, vacation destinations, and merchandise licensing.

How has Disney's financial performance been recently?

Despite pandemic challenges, Disney has shown resilience with strong financial footing, driven by diverse revenue streams.

What role does ESPN play in Disney's portfolio?

ESPN and its streaming service, ESPN+, dominate Disney's sports segment, offering live sports and related content.

How does Disney distribute its movie and TV content?

Disney distributes content through theaters, other providers, and increasingly retains it for its own streaming platforms and networks.

The Walt Disney Company

NYSE:DIS

DIS Rankings

DIS Stock Data

207.75B
1.81B
0.06%
69.78%
0.97%
Entertainment
Services-miscellaneous Amusement & Recreation
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