DIS - The Walt Disney Company

NYSE - NYSE Delayed price. Currency in USD
133.01
-5.96 (-4.29%)
At close: 4:06PM EST

133.70 +0.69 (0.52%)
After hours: 7:57PM EST

Stock chart is not supported by your current browser
Previous close138.97
Open132.90
Bid133.16 x 800
Ask133.90 x 800
Day's range131.21 - 134.44
52-week range107.32 - 153.41
Volume19,105,384
Avg. volume9,572,775
Market cap240.142B
Beta (5Y monthly)0.94
PE ratio (TTM)22.38
EPS (TTM)5.94
Earnings date07 May 2020 - 12 May 2020
Forward dividend & yield1.76 (1.27%)
Ex-dividend date12 Dec 2019
1y target est160.92
  • Coronavirus outbreak is 'like the fog of war' for investors in the stock market
    Yahoo Finance

    Coronavirus outbreak is 'like the fog of war' for investors in the stock market

    Is now the time to buy stocks when everyone is freaking out over the coronavirus?

  • Disney+ launches discounted annual subscriptions for European users
    TechCrunch

    Disney+ launches discounted annual subscriptions for European users

    Disney is offering a discount on its new streaming service for select European markets ahead of its March 24th launch, the company announced on Monday. Customers who pre-order Disney+ before March 23rd will get £10 or €10 off a full year's subscription, bringing the cost down to around £49.99 or €59.99 per year (~$64 USD). Disney+ is already live in the Netherlands, which is not eligible for the discount.

  • India's Streaming Space Battle to Intensify With Disney Entry
    Zacks

    India's Streaming Space Battle to Intensify With Disney Entry

    Indian streaming market is expected to witness intense price war and increased investments in original content in 2020 while Disney prepares Disney+ entry next month.

  • Walt Disney Stock Falls 4%
    Investing.com

    Walt Disney Stock Falls 4%

    Investing.com - Walt Disney (NYSE:DIS) Stock fell by 4.03% to trade at $133.33 by 09:31 (14:31 GMT) on Monday on the NYSE exchange.

  • Deadly coronavirus drains millions from China, US box offices
    Yahoo Finance

    Deadly coronavirus drains millions from China, US box offices

    The final installment of the Daniel Craig-led James Bond franchise “No Time to Die” cancelled its upcoming Beijing premiere due to “uncertainties” surrounding the coronavirus outbreak.

  • 'Hard no': NFL players balk at 17-game regular season
    Yahoo Finance

    'Hard no': NFL players balk at 17-game regular season

    NFL team owners on Thursday voted to approve a new collective bargaining agreement, but the players are unlikely to vote yes in its current form.

  • Business Wire

    Fans Can Celebrate Star Wars™ All Year Long With New Merchandise Revealed Ahead of New York Toy Fair

    New products inspired by Disney+ original series The Mandalorian and Star Wars: The Clone Wars announced

  • ViacomCBS’s Parts Might Add Up to a Greater Whole
    Bloomberg

    ViacomCBS’s Parts Might Add Up to a Greater Whole

    (Bloomberg Opinion) -- “House of Brands” probably wasn’t the best choice of words by ViacomCBS Inc. in describing its streaming-TV strategy. It’s best for a company in its position to avoid what sounds eerily similar to another phrase — one that implies a shaky structure doomed to collapse. It’s also best not to remind people of the name of a hit series created by Netflix Inc., the very symbol of the end of times for cable networks like those owned by ViacomCBS. But the company may be on to something. Its house — er, collection — of TV and film brands were slapped together, just like its name, through the December merger of Viacom and CBS. Together, they have the potential to constitute an attractive streaming-TV offering for consumers different from existing ones. That means there’s at least hope for ViacomCBS, and that’s truly all investors and employees could reasonably expect right now. On Thursday, ViacomCBS posted unflattering results for its first quarter as a unified company, and its shares plunged 18%. It’s a reflection of the difficulty of stitching together two businesses with much different cultures — a challenge for any chief executive officer, but one that’s exacerbated in this case by the historical tensions between the two sides and the industry streaming wars that have threatened to make both of them irrelevant. Analysts predicted at least $7 billion of revenue for the period ended Dec. 31, but ViacomCBS took in only $6.87 billion amid a drop in traditional TV viewers, lower political advertising spending and a weak box-office showing. The merger closed on Dec. 5.But there were slivers of good news. Among them was the company’s announcement that it’s creating a new subscription-video service that will expand on the $6-a-month CBS All Access app ($10 for the commercial-free version) by stuffing it with more content from other parts of the empire. The company referred to it as a “House of Brands” product, the idea being that it can bring together its various entertainment, news, sports and film properties to reach a wider audience. The company’s biggest assets are CBS, MTV, Nickelodeon, BET, Comedy Central, Paramount Pictures and Showtime. It also owns Pluto TV, the advertising-supported service for consumers who want to stream for free, while Showtime targets the higher-end of the market with an $11-a-month online subscription.The strategy sounds a bit like the approach Comcast Corp.’s NBCUniversal is taking with its Peacock product, which is set to launch in April. Peacock will have a diverse library — everything from “Parks and Recreation” to “Jurassic Park” plus new shows — that most people will be able to access for free, with the option of paying $10 a month to cut out the ads. In contrast, Disney+, the fast-growing streaming service from Walt Disney Co., has more narrow appeal as it’s predominantly geared toward children and Marvel and “Star Wars” superfans; it has also shunned advertisers (for now). Peacock mimics the breadth of Netflix, whereas Disney+ looks more like a niche add-on option for Netflixers. A tremendous challenge for all the media giants, but especially ViacomCBS, is deciding where to put their content. ViacomCBS needs to continue to nourish its cable networks, the biggest moneymakers, while choosing which titles to save for CBS All Access to drive subscriber growth and which to sell to rival streaming services that are willing to pay for them. For example, the Paramount division previously produced the popular — and controversial — series “13 Reasons Why” for Netflix, a show that could have also appealed to MTV’s audience and potentially would have been a good fit for the expansion of CBS All Access. In that sense, it’s as if the different units within ViacomCBS are competing with one another. For once, though, Viacom and CBS are working under one clear leader, which is probably the biggest positive development following years of infighting and drama at both entities, both controlled by the Redstone family. Bob Bakish, Viacom’s well-liked, hard-nosed CEO of the last three years, is now in charge of the merged company, while Joe Ianniello, who had been Leslie Moonves’s No. 2 at CBS, is leaving next month. Moonves was ousted in September 2018 after a slew of sexual-harassment allegations came to light, ultimately paving the way for the merger of CBS and Viacom. Ianniello, though instrumental in getting the deal done — if only for the outrageous pay package used to placate him — was a symbol of the old regime and a possible wrench in Bakish’s salvage plan.Bakish has a lot of work to do, and fast. But his idea isn’t a bad one.  To contact the author of this story: Tara Lachapelle at tlachapelle@bloomberg.netTo contact the editor responsible for this story: Daniel Niemi at dniemi1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • War With Netflix and Disney Looms for India’s Top Local Streamer
    Bloomberg

    War With Netflix and Disney Looms for India’s Top Local Streamer

    (Bloomberg) -- As global streaming giants Netflix Inc. and Walt Disney Co. spend millions of dollars to grab viewers in India, a country that could become their biggest overseas market, a homegrown rival is preparing to defend its turf.Zee5, the top domestic streaming platform set up by India’s biggest television broadcaster, is betting on local content to fend off big-spending rivals, Chief Executive Officer Tarun Katial said in an interview. The over-the-top, or OTT, service is playing to its advantage by adding more local-language shows and lower-price options to gain market share, he said.“International OTTs have neither legacy nor library with depth,” Katial said at his office in Mumbai, adding that Zee5 has produced more than 100 original shows in local languages, at least 10 times more than any rival.“We can win this content battle.”Zee5, which started in 2018, is among dozens of streaming platforms including Amazon.com Inc. locked in a race for Indian users, a market that Boston Consulting Group estimates will reach about $5 billion in 2023. With China closed to foreign streaming services, India has become a battleground for global streaming brands, with an emphasis on delivering films and TV shows to smartphone users expected to number 850 million in two years.After amassing 61 million active monthly users in its first 15 months in India, Katial says Zee5 has little choice but to keep producing new shows at even faster rates. The platform aims to add between 70 and 80 original shows over the coming year, while making 15 direct-to-digital movies for release in 2021.Representatives for Netflix and Disney’s Hotstar platform in India declined to comment.There are 22 official languages in India, creating a broad battlefield for niche audiences.“It’s a strategy to move away from fighting in the fiercely competitive segment of Hindi or English,” Bhupendra Tiwary, an analyst at ICICIdirect, said of Zee5’s local-content push. “Zee is creating its own space in this war zone where it sees more opportunity.”Zee Entertainment Enterprises Ltd., part of the Subhash Chandra-led Essel Group, is increasing its investment in streaming, even though the broadcaster has seen its market value plunge on concern the group’s debt had grown too large. Chandra, who opened India’s first amusement park and brought satellite television to the country, has had to sell his stake in Zee, while staying on as a board member.“We are completely insulated from the financial concern which our parent group went through last year,” Katial said. He declined to say how much the company was planning to spend on growth.Zee Entertainment shares gained 2% as of 2:36 p.m. in Mumbai trading Thursday. Zee5, the streaming platform, is planning its local-language expansion just as some of its global rivals are pushing further into India.Disney PushDisney earlier this month said it will introduce its Disney+ streaming service in India through its Hotstar platform on March 29, at the beginning of the Indian Premier League cricket season. Hotstar, which has said it has 300 million active monthly users, has relied on India’s most popular sport to draw users after spending big to secure the rights.Disney is also re-branding the Hotstar VIP and Premium subscription tiers to Disney+ Hotstar to underline its global brand.Netflix, the world’s largest streaming platform by paid subscribers, has said it intends to sign on 100 million subscribers in India, almost 25 times the customer base it had in the country as of this year. Chief Executive Officer Reed Hastings said during a visit to the country in December that Netflix intends to spend 30 billion rupees ($419 million) over 2019 and 2020 to produce more local content.Netflix’s “Sacred Games” series, a local original, has drawn Indian viewers globally, the company has said. “Lust Stories,” a Hindi-language anthology of short films, released in June 2018, also drew attention.Zee5 has said its original “Rangbaaz Phirse” and “The Final Call” series are hits, along with “Auto Shankar,” a Tamil-language show.Price WarAt the same time, competitors are paring fees to draw subscribers in a country used to free services including Google’s YouTube, while paying little for bandwidth via mobile phone plans.Last year, Netflix slashed prices by as much as half in India for subscribers that commit to at least three months. Most of the country’s streaming services, including Apple TV+, Amazon Prime and Disney’s Hotstar have also offered discount deals this year and subscriptions at prices well below those in other markets.Zee5 has begun offering some region-specific packages at 49 rupees a month or 499 rupees a year to attract more viewers, said Katial. That compares with the standard packages at 99 rupees a month or 999 rupees a year.At the same time, Zee5 is planning to add 90-second videos to its platform to meet demand and compete with the likes of Beijing-based ByteDance Inc.’s TikTok, a platform that is growing fast globally among younger users. That effort will start “soon,” Katial said.(Updates with Zee shares in 11th paragraph)\--With assistance from Ragini Saxena.To contact the reporter on this story: P R Sanjai in Mumbai at psanjai@bloomberg.netTo contact the editors responsible for this story: Sam Nagarajan at samnagarajan@bloomberg.net, Dave McCombsFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bloomberg

    Netflix’s Russian Rival Hires Goldman to Study Possible Deals

    (Bloomberg) -- Ivi.ru, Russia’s largest streaming platform, hired Goldman Sachs Group Inc. to study options to fund the firm’s growth, according to the firm’s chief executive officer.“These could be private placement, strategic alliances or an IPO,” Oleg Tumanov, Ivi’s founder and CEO, said in an interview in Moscow. “We need funding to produce our own content and keep growing faster than the market.” He declined to elaborate on the amount the service is seeking to raise as no decisions have been taken.Founded in 2010, when most Russians downloaded movies for free on pirate websites, Ivi originally used a combination of advertising and a Netflix-like subscription fee. Now, three quarters of the streaming service’s revenue comes from paying users, Tumanov said, as the market matures following the introduction of measures by the government to fight online piracy. Sales rose 55% last year to almost $100 million.Streaming services ranging from Netflix Inc. to Walt Disney Co. are battling to grow their user numbers globally as customers switch away from traditional television services in favor of watching content on mobile phones and tablets. Ivi is Russia’s largest streaming service with a market share of about 35%, according to researcher TMT Consulting.Its competitors include Okko, co-owned by Russia’s largest lender Sberbank PJSC, billionaire Len Blavatnik-backed Amediateka, local technology giant Yandex NV’s Kinopoisk, Gazprom PJSC-linked Premier, and other services. Netflix, which doesn’t have a local-language service and translates only selected titles, isn’t a dominant player in the country.Goldman Sachs has been successful in doing deals in Russia even amid economic and geopolitical hurdles. Last year, it helped the country’s largest online-recruitment firm HeadHunter Group Plc to sell shares in the U.S. and sold a stake in retailer Familia to TJX Companies Inc. in a private deal. Goldman held shares in both companies. The bank’s spokesperson declined to comment on Ivi.Tumanov denied an earlier Kommersant report that Ivi hired JPMorgan Chase & Co. to manage an IPO in the U.S. He said JPMorgan is not involved, and an IPO isn’t the only option being considered. Tiger Global Management, Baring Vostok and Leonid Boguslavsky’s RTP Global are among the investors in the streaming service.To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.netTo contact the editors responsible for this story: Neil Callanan at ncallanan@bloomberg.net, Amy ThomsonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Job Offers Delayed in Asia’s Financial Hubs in Virus Fallout
    Bloomberg

    Job Offers Delayed in Asia’s Financial Hubs in Virus Fallout

    (Bloomberg) -- Financial firms operating in Singapore and Hong Kong are delaying hiring as the coronavirus outbreak disrupts their businesses.Both domestic and foreign institutions have slowed recruitment, according to headhunters in the financial hubs. They’ve been impacted by quarantines, restrictions on travel to and from China, remote working arrangements and decisions not to conduct face-to-face interviews.It’s another aspect of the fallout from the virus, which has also caused factory closures, disrupted supply chains and initiated the world’s largest work-from-home experiment. Recruiting has become less of a priority as firms including DBS Group Holdings Ltd. have highlighted the revenue impact of worsening business conditions.“Everybody is distracted,” said Gurj Sandhu, a managing director at Morgan McKinley Group Ltd. in Singapore. Hiring is falling down the “pecking order,” he said, while adding that nobody is canceling roles yet.Bloomberg spoke with six recruitment firms, all of which confirmed the slowdown. Hiring processes and relocation plans are taking longer at most companies because of logistical difficulties.“Companies are not risking international travel, they are not risking client meetings unless it is critical,” said Bethan Howell, a Hong Kong-based consultant at Selby Jennings Ltd.Closing DealWhile some financial firms are conducting interviews by video conference or phone, closing the deal is more problematic, especially at investment banks and wealth-management units.Bankers are “big-ticket items,” said Hubert Tam, a managing partner at Sirius Partners Ltd. in Hong Kong. Private banks and investment banks are holding off on hiring until they can meet candidates in person, “even if they performed well last year,” he said.What’s more, many private bankers covering China would have to travel to the country to meet clients and “get their blessings” before they move banks, according to Amod Jain, a Morgan McKinley consultant in Singapore. “Not everything can be done by phone.”Selby Jennings’ Howell gave the example of a person scheduled to relocate to Hong Kong from Shanghai for a quant fund. The person may have to work from the client’s Shenzhen office while waiting for a visa, which is taking more time these days, she said.Some recruiters pointed to early signs companies are reconsidering their initial hiring plans for 2020 as the outbreak deals a deeper blow to their operations.A few banks and asset managers are reviewing their hiring budgets for 2020, said Tam from Sirius Partners. Working from home has led to a decline in trading, impacting profits, he said.New HeadwindsSome lenders are considering whether to hold off on adding headcount for non-essential roles such as back-office functions, according to Mark Li, head of client solutions at Randstad Singapore.The financial services industry in Asia’s biggest hubs was facing economic headwinds even before the coronavirus outbreak because of U.S.-China trade tension, which was affecting recruiting at some firms, Li said. Hong Kong also had to grapple with its months-long protests.The slowdown in hiring is also starting to weigh on recruitment firms as they factor in delays of multiple weeks for placing candidates. “Financially, we have been impacted because we can’t close enough deals that make the revenues,” Morgan McKinley’s Sandhu said.However, recruiters expressed optimism that new viral infections are slowing, with some lauding the Singapore government for its efforts to contain the outbreak.“It’s still relatively early to see any hiring freeze,” said Nilay Khandelwal, managing director at Michael Page International Pte. in Singapore. “The real extent of impact will be seen in the days to come when new headcount and hiring plans for this year might get revised.”(Adds timeline for expected delay in third-last paragraph)To contact the reporters on this story: Ishika Mookerjee in Singapore at imookerjee@bloomberg.net;Abhishek Vishnoi in Singapore at avishnoi4@bloomberg.netTo contact the editor responsible for this story: Lianting Tu at ltu4@bloomberg.netFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • ESPN's Jay Williams: How Disney’s ESPN+ more than quadrupled its subscriber base
    Yahoo Finance

    ESPN's Jay Williams: How Disney’s ESPN+ more than quadrupled its subscriber base

    ESPN host and Duke legend Jay Williams explains the mix of programming that's fueling Disney's impressive start with ESPN+.

  • Buy Roku Stock on the Dip as a Bet on Netflix, Disney & Streaming TV Growth?
    Zacks

    Buy Roku Stock on the Dip as a Bet on Netflix, Disney & Streaming TV Growth?

    We break down Roku's Q4 2019 financial results. And see what to expect from the streaming TV firm to decide if investors should consider buying Roku stock on the dip, with Disney, Netflix, and others all set to expand their customer base?

  • Roku Turns Lower as Outlook Overshadows Active Account Beat
    Bloomberg

    Roku Turns Lower as Outlook Overshadows Active Account Beat

    (Bloomberg) -- Roku Inc. shares fell on Friday, erasing an initial rally that came in the wake of its better-than-expected fourth-quarter results.Analysts were broadly positive on the quarter, the latest to show strong momentum at the video-streaming platform as consumers cut the cord on traditional cable services and move toward services like Netflix or Disney+However, the adjusted loss per share beat expectations by a smaller degree than is typical for the company. In addition, some firms expressed concern over the stock’s valuation following a recent surge, and said the Ebitda guidance looked light.Shares fell 7.8% after earlier spiking as much as 8.7%. The stock remains down more than 20% from a record close, though it has risen more than 30% off a September low, and it remains up more than 300% from the start of 2019.Here’s what analysts are saying about the results:Macquarie Research, Tim NollenThe outlook “is a bit below our admittedly bullish estimates,” given more investment costs and “a more measured international roll-out” than expected.Expects a full-year loss of $1.33 a share, compared with a prior view of a loss of 38 cents a share.Outperform, $170 price target.Loop Capital Markets, Alan Gould“While the company has executed well, it still faces substantial potential competition.” It is “difficult to justify the $18 billion enterprise value.”Sell, $80 price target.SunTrust Robinson Humphrey, Matthew ThorntonActive account additions “were well ahead of consensus,” which is likely due in part to Disney+. However, the Ebitda outlook “is well below consensus,” and competing platforms could pressure Roku’s margins.“Roku continues to execute and is well-placed in the secular shift to internet TV.”Hold, $160 price target.Rosenblatt Securities, Mark ZgutowiczThis was a “generally stellar quarter,” and the outlook underscores Roku’s “widening scale and market leverage.”Sees signs of “meaningful” international growth ahead.Buy, price target raised to $190 from $159.RBC Capital Markets, Mark MahaneyThe company’s platform business “looks like a sustainable 50% grower.” Fundamentals were “solid” in the quarter, with only a “very modest” deceleration in growth from “robust levels.”Outperform, price target $170 from $160.Stephens, Kyle EvansThe outlook was “in line or above consensus where it mattered most -- revenue and gross margin in its Platform segment.”A “heavy” launch cycle for streaming video on demand services in 2020 and 2021 “is likely to drive [average revenue per user] higher for the foreseeable future.”“Investors wanting exposure to connected T.V. will continue to bid Roku upward.”Overweight, $155 price target.Susquehanna Financial Group, Shyam PatilThe report and outlook “continue to highlight Roku’s strong momentum.” Active accounts rose more than expected, and “engagement growth was also strong.”Positive, price target raised to $170 from $150.Guggenheim, Michael Morris“Roku holds an attractive position within an expanding global steaming market and ultimately has the potential for a higher valuation.”Buy, $150 price target.What Bloomberg Intelligence Says:Roku is “still well-positioned to benefit from the secular shift away from traditional pay-TV, as the company reinforced its position as the No. 1 TV streaming platform in the U.S.”\- Analyst Amine Bensaid\- Click here for the research(Updates with afternoon trading, adds Macquarie comments)To contact the reporter on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Scott Schnipper, Steven FrommFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Bloomberg

    Roku Gains After Surge in Active Accounts Fuels Revenue Beat

    (Bloomberg) -- Roku Inc. reported a surge in new active accounts in its fourth-quarter results, with the video-streaming platform benefiting from the debut of new services like Disney+. The account additions beat expectations and the shares gained as much as 13% in extended trading.Active accounts rose by 4.6 million to 36.9 million in the quarter, compared with the average estimate of 35.9 million, according to Bloomberg Consensus estimates. Roku also reported a loss of 13 cents a share on revenue of $411.2 million. Wall Street had been looking for a loss of 14 cents a share and revenue of $391.7 million.“Disney has had a lot of positive press out in the market and we’ve been a very good source of viewership for Disney+ and they’ve been a good partner,” Chief Financial Officer Steve Louden said in an interview.For the first quarter, Roku forecast sales of $300 million to $310 million and a loss of $18 million to $23 million before interest, taxes, depreciation and amortization. Wall Street was looking for sales of $296.8 million and Ebitda of $4.2 million.Thursday’s after-hours move comes after a pronounced gain that has seen shares jump almost 180% over the past year. The company is one of the most visible plays on the so-called over-the-top video sector, which has grown increasingly popular as consumers cut the cord on traditional cable packages and gravitate instead toward on-demand streaming. Walt Disney’s service, launched in November, was seen as accelerating this trend.Roku’s position within this market has made it a favorite among analysts. According to data compiled by Bloomberg, 13 firms recommend buying the stock, while two have hold-equivalent ratings and three advocate selling.Roku’s streaming platform has had a “great” reception in Brazil after debuting there last month, Louden said. The Los Gatos, California-based company has a “huge opportunity” in international markets, where the move to streaming is still in “early days,” he said.(Adds CFO comment in third and last paragraphs.)To contact the reporters on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.net;Jeran Wittenstein in San Francisco at jwittenstei1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Greg ChangFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Key Things To Consider Before Buying The Walt Disney Company (NYSE:DIS) For Its Dividend
    Simply Wall St.

    Key Things To Consider Before Buying The Walt Disney Company (NYSE:DIS) For Its Dividend

    Is The Walt Disney Company (NYSE:DIS) a good dividend stock? How can we tell? Dividend paying companies with growing...

  • Reuters - UK Focus

    RPT-Soccer-UEFA teams up with Disney in a bid to boost girls participation

    UEFA has teamed up with Disney to launch a pan-European project aimed at increasing the number of girls playing football. The biggest-ever attempt to boost girls' involvement in the game will start this spring in seven European countries before being introduced across the continent, European soccer's governing body said on Thursday. The new 'Playmakers' project is aimed at girls aged five to eight years old, who are not currently playing football, and is focused around play and games involving popular Disney characters and storylines.

  • Alibaba, NETGEAR, Netflix, The Walt Disney Company and Sony highlighted as Zacks Bull and Bear of the Day
    Zacks

    Alibaba, NETGEAR, Netflix, The Walt Disney Company and Sony highlighted as Zacks Bull and Bear of the Day

    Alibaba, NETGEAR, Netflix, The Walt Disney Company and Sony highlighted as Zacks Bull and Bear of the Day

  • Caffeine inks exclusive agreement with Drake preps Ultimate Rap League for launch
    TechCrunch

    Caffeine inks exclusive agreement with Drake preps Ultimate Rap League for launch

    Two years after getting a $100 million commitment from 21st Century Fox to build a mobile-based live streaming platform that could compete with Twitch, the startup Caffeine has scored another coup by partnering with the biggest name in music -- Drake. With buying power of Fox Sports, a Murdoch on the board (Lachlan), and an exclusive contract with Drake, Caffeine is hoping to take its streaming service beyond gamers and sports and become the platform for live streaming entertainment of all stripes. “The combination of the Caffeine platform with a content studio that benefits from Fox Sports’ expertise in live events and programming will help position Caffeine to deliver compelling experiences in esports, video gaming and entertainment,” said Lachlan Murdoch, in a 2018 statement.

  • Oscars Success Drives These Mega Studio Stocks
    Zacks

    Oscars Success Drives These Mega Studio Stocks

    Studio companies saw shares scale north on stunning success at the Oscars. After all, such award wins boost investor confidence in parent companies.

  • Stock Market News for Feb 10, 2020
    Zacks

    Stock Market News for Feb 10, 2020

    Concerns about widespread impact of coronavirus on Chinese and global economy overshadowed stronger-than-expected U.S. jobs report, dragging benchmarks into negative territory on Friday.

  • ViacomCBS to Launch a New Streaming Service
    Zacks

    ViacomCBS to Launch a New Streaming Service

    After Viacom and CBS merged late last year in an all-stock deal, the new media corporation ViacomCBS (VIAC) is working on a new streaming service.

  • 3 Things to Know About the Q4 Earnings Season
    Zacks

    3 Things to Know About the Q4 Earnings Season

    3 Things to Know About the Q4 Earnings Season

  • Investors Still Cautious As Markets Show Solid Recovery
    Investor's Business Daily Video

    Investors Still Cautious As Markets Show Solid Recovery

    Leading companies like Uber, Snap, Twitter, Spotify, Match, Chipotle, and Disney reported strong earnings, as the market regained much of the prior week's coronavirus sell off.

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