THE FINANCE GHOST: Disney’s streaming gamble

This hasn’t been a magical year for Disney shareholders. The House of Mouse is down more than 22% in 2022, though it is up a spectacular 30% in the past month. The joy of buying shares with a long-term mindset is that you can ride the volatility, provided you still believe in the story.

Disney has an exceptionally strong core business that incubates the streaming business by absorbing significant losses — more than $1bn in the past quarter alone. The linear networks division made a profit of $2.5bn, driven by businesses such as National Geographic, ESPN and ABC...

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PHANTOM SHARES: The Finance Ghost: REIT debate rages and Grindrod’s ship comes inFortress REIT’s dual-share structure seemed like a good idea when it was put in place years ago, offering one class of shares for income-focused investors and another class for those willing to take more risk of variable returns. Unfortunately, it didn’t contemplate small inconveniences like a pandemic.
Source: dailymaverick - 🏆 3. / 84 Read more »