Disney Ends FY2018 with Strong 4Q; Direct-To-Consumer and Fox Continue to Hold Center Stage
Disney ended its fiscal 2018 with a strong fourth quarter as revenue and EBITDA beat both the Street and our expectations. The studio segment outperformed again as the firm continues to benefit from a strong 2018 slate including Incredibles 2, the highest grossing Pixar film ever. The Fox media assets and the firm’s direct-to-consumer efforts continue to be the focus of CEO Bob Iger as the firm enters an important transitional fiscal year. We continue to believe the launch of Disney+ (the newly ...Walt Disney is an entertainment company. The company's segments are: Media Networks, which includes domestic cable networks, broadcast television network and domestic television stations, and television production and distribution; Parks, Experiences and Products, which includes theme parks and resorts, and consumer products operations; Studio Entertainment, which includes motion picture production and distribution, music production and distribution, and post-production services; and Direct-to-Consumer and International, which includes international television networks and channels, direct-to-consumer streaming services, and other digital content distribution platforms and services.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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