Back to top

Image: Bigstock

The Walt Disney Company

Read MoreHide Full Article

Disney’s sturdy movie business and solid performance of its Parks & Resorts division continues to act as catalysts. This is quite evident from the company’s upbeat performance in the third quarter of fiscal 2016. The success of movies also mean healthy business for its Consumer Products division as demand for the merchandise associated with successful movies usually skyrockets, as seen in case of Frozen. Further, Disney is also in the process of rolling out more themed attractions in parks and resorts. Despite these favorable factors, waning subscriber count at ESPN poses a concern. In an effort to attract online viewers and bring back the golden days of ESPN, the company has inked a deal with video streaming, data analytics as well as commerce management company BAMTech. Disney’s ESPN has been under immense pressure as the Pay-TV landscape continues to change owing to migration of subscribers to online TV.


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


The Walt Disney Company (DIS) - free report >>

Published in