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I am thinking of moving this board to the home page with tech stocks, it gets more views and since they are now streaming I would consider it technology. Any objections before I move it? Or do you want to leave it where it is? Please advise.
There's a long article in Barron's dated yesterday.
Disney's Streaming Goals — Barrons.com
by Dow Jones & Company, Inc.
9:54 PM ET 04/12/2019
Walt Disney finally did it. After spending the bulk of the past four years stuck between about $100 and $120 a share, an 11.5% pop on Friday sent it smashing through the roof. Disney ( DIS ) finished the day at $130.04, its highest close ever.
When Walt Disney’s “Avengers: Endgame” opens Thursday night in the widest release ever—4,600 theaters in the U.S. and Canada—the Marvel Studios’ superheroes will muscle competitors out of the multiplex.
Disney had hoped Fox’s cluster of 22 regional sports networks would garner about $20 billion — but they fell short of that goal. A hoped-for frenzied bidding war failed to materialize because such major entertainment companies as Comcast Corp., AT&T Inc.’s WarnerMedia and even Fox Corp. sat on the sidelines.
The Walt Disney Company Reports Second Quarter and Six Months Earnings for Fiscal 2019 finance.yahoo.com “We’re very pleased with our Q2 results and thrilled with the record-breaking success of Avengers: Endgame, which is now the second-highest grossing film of all time and will stream exclusively on Disney+ starting December 11th,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “The positive response to our direct-to-consumer strategy has been gratifying, and the integration of the businesses we acquired from 21st Century Fox only increases our confidence in our ability to leverage decades of iconic storytelling and the powerful creative engines across the entire company to deliver an extraordinary value proposition to consumers.”