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Stock Market & Financial Investment News

News Breaks
August 5, 2014
16:18 EDTDISDisney reports Q3 Cable Networks operating income down 7%
Disney said operating income at Cable Networks decreased 7% to $1.9B for Q3 due to a decrease at ESPN, partially offset by an increase at ABC Family. "The decrease at ESPN was due to higher programming and production costs, decreased recognition of previously deferred revenue and the absence of ESPN UK, which was sold in the fourth quarter of the prior year. These decreases were partially offset by affiliate fee contractual rate increases and higher advertising revenue." ESPN recognized $98M less of previously deferred revenue during the quarter as a result of changes in contractual provisions related to annual programming commitments. ESPN advertising revenue increased due to higher rates and more units sold, Disney said.
News For DIS From The Last 14 Days
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May 27, 2015
06:02 EDTDISCMGE enters into cooperation with Disney to publish Star Wars: Commander
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May 26, 2015
07:07 EDTDISDisney price target raised to $115-$129 from $113-$118 at Wells Fargo
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May 25, 2015
12:50 EDTDISDisney's 'Tomorrowland' leads U.S. weekend box office with $32.2M
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May 21, 2015
12:52 EDTDISESPN and StubHub agree to content distribution deal, Variety reports
Disney's (DIS) ESPN has agreed to a content distribution deal with eBay's (EBAY) StubHub, reports Variet. Terms of the deal were not disclosed. ESPN plans to feed scores, team stats and articles to StubHub's app, a feature that will be available in the U.S., the U.K. and Canada. Reference Link
May 19, 2015
08:11 EDTDISVerizon CFO says customers 'tired of paying for 300 channels'
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06:29 EDTDIS21st Century Fox expects to continue investing in TV, Deadline reports
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May 17, 2015
15:37 EDTDISUniversal's 'Pitch Perfect 2' leads U.S. weekend box office with $70.3M
For the weekend of May 17, Comcast (CMCSA, CMCSK) subsidiary Universal's "Pitch Perfect 2" topped domestic box office charts at $70.3M. Time Warner (TWX) subsidiary Warner Bros.' "Mad Max: Fury Road" landed in second place with $44.4M, while Disney's (DIS) "Avengers: Age Of Ultron" came in third with $38.8M. Warner Bros.' "Hot Pursuit" and Universal's "Furious 7" took fourth and fifth place at $5.8M and $3.6M, respectively. Data gathered by Rentrak.
May 14, 2015
14:46 EDTDISDisney CEO Robert Iger reports sale of ~291K shares of stock
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May 13, 2015
11:41 EDTDISDisney CFO says gas prices have 'zero bearing' on park attendance
Disney CFO Jay Rasulo is speaking at the MoffettNathanson Media & Communications Summit.
05:38 EDTDISAlibaba announces partnership with Disney
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