Report
Neil Macker
EUR 100.00 For Business Accounts Only

DTC and Fox Occupy Center Stage at Disney; Strong Start to Important Transitional Year

Disney began fiscal 2019 with a strong first quarter that provided insight into the direct-to-consumer business, which we found encouraging. The disclosed projected impact from not licensing its movies reinforces our belief that Disney is much better served by reserving its content for its DTC effort than by arming its competitors. The Fox media assets and the DTC efforts will continue to be the focus as Disney works through an important transitional year. We are maintaining both our wide moat r...
Underlying
Walt Disney Company

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.

Provider
Morningstar
Morningstar

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.

We have operations in 27 countries.

Analysts
Neil Macker

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