The Walt Disney Co. reports its fall quarter results after the market closes Thursday, and investors will be listening for final announcements ahead of the anticipated launch of the Disney+ streaming service on November 12.and the company has thrown the weight of its most powerful entertainment brands behind the effort: Disney, Pixar, Marvel, Star Wars and National Geographic. host Tom Bergeron hawked the service during one recent telecast.
Together with other Disney deals—including the heavily discounted three-year subscription offered to D23 fan club members and another offer targeted to Disney Parks guests—Nathanson projects Disney+ will hit 8 million subscribers by the end of the current calendar year, with 18 million worldwide subscribers by the end of fiscal 2020.The Burbank entertainment giant made three major strategic moves to prepare for the launch, starting with its decision in 2017 to pay $1.
Disney bulked up its film and television libraries with its $71.3 billion acquisition of 21st Century Fox in March, a deal which also gave it a controlling stake in the streaming service Hulu. In May, Disney acquired effective control of Hulu in an agreement to acquire the remaining portion it did not already own from Comcast for at least $9.15 billion.
Analysts expect Disney to report revenue of $19.19 billion for its fiscal fourth quarter, and post per-share earnings of 95 cents, according to a consensus of analysts polled by Yahoo.
Ahead of the Disney earnings call today, we took a look at Americans' thoughts of disneyplus. 22% of US adults say they're likely to subscribe and that number has doubled over the last 6 months. Full story: DawnC331
Disney owns ABC, who wont release the Epstein Story that was quashed for 3 years surrounding a pedophile sex ring. They're all covering up for pedophiles. epstiencoverup
BoycottMulan , no evil communist actress be Disney princess!
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