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Disney to hike streaming prices after announce profits

Disney’s streaming platform finally posted a net profit after a long struggle that saw the company lose billions of dollars. In its third-quarter earnings report, the company announced that streaming profits beat expectations for the quarter. Disney said direct-to-consumer revenue totaled $47 million in the third quarter, a big recovery from a $512 million loss […]

Disney Shares Plummet as Theme Parks Hit Hard by Kamalaflation

The Walt Disney Company warned that its theme parks are facing difficulties as record inflation puts a trip to the Magic Kingdom out of reach for millions of middle- and working-class Americans. The news sent Disney shares tumbling more than 3% through the day on Wednesday. Disney said on its quarterly earnings conference call that […]

Disney may have to pay $5B more for Comcast’s Hulu stake to resolve dispute

Walt Disney said Wednesday that the company may have to pay up to an additional $5 billion to acquire Comcast’s minority stake in Hulu if appraisers agree that Comcast should value its minority stake in Hulu at more than $40 billion. Disney and Comcast hired investment bank RBC Capital as an independent appraiser earlier this […]

Disney reports some softness in parks in third-quarter

“The Craman Countdown” panelists Bankim Chadha and Thomas Hayes provide an in-depth look at investing in cyclical stocks. Disney warned Wednesday that its theme park business is expecting weakness in the third quarter. Disney’s Experiences division, which includes theme parks, cruises and consumer products, generated revenue of about $8.39 billion and operating profit of $2.22 […]

Disney Hiking Streaming Prices as Much as 25 Percent

Thanks to the Kamala Harris economy, households will be paying up to 25 percent more for Disney streaming entertainment in the coming weeks. The Walt Disney Company announced on Tuesday that it is again increasing monthly subscription prices across its streaming entertainment services, including Disney+, Hulu, and ESPN+. Starting Oct. 17, the commercial-free Disney+ subscription […]

Disney Stock Loses 49% of Value over Three Years

If you were foolish enough to buy shares of Disney Grooming Syndicate three years ago, you lost almost half your money. Disney shares have fallen while the broader market has risen 15% over the past three years. 49 percent: Many investors define success as beating the market average over the long term. But the risk […]

Disney ups streaming costs for Disney+, Hulu and ESPN+

Disney announced on Tuesday that it will increase streaming prices in the U.S. for all its standalone services, Disney+, Hulu and ESPN+, later this fall. in releaseThe Walt Disney Company announced that the new pricing will take effect on October 17th and will apply to both ad-supported and ad-free plans. Disney+ with ads will increase […]

Disney hikes streaming prices for Hulu, Disney+ and ESPN+

Disney announced on Tuesday that it would again raise prices for its popular streaming services, Disney+, Hulu and ESPN+, in an effort to encourage consumers to buy bundles. Starting in mid-October, most Disney+, Hulu, and ESPN+ plans will increase in price by $1 to $2 per month, and Hulu’s most expensive plan, which includes live […]