Disney’s shares tanked after it reported widening losses in its streaming service division, but it can overcome its Netflix problem, says jennifersaba.
to turn things around, however. Netflix generated $5 billion of operating profit over the first nine months of 2022.
Disney’s theme parks, which delivered record quarterly operating income of $8 billion, can tide the company over as the online strategy takes shape. If the Netflix enterprise commands 18 times expected EBITDA, per Refinitiv data, Disney will find enough fairy dust to warrant a multiple higher than 12 times. Primark’s price freeze is risky inflation gambit
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Unlock the hidden magic aboard the 'Disney Wish,' Disney Cruise Line's newest shipEmbark on a tropical getaway aboard Disney's newest ship, 'Disney Wish' 🌴🚢 Disney is the parent company of ABC Localish.
Read more »
The Acolyte Set Photo: Disney+ Confirms Cast for Star Wars SeriesLucasfilm has finally confirmed the full cast members of its upcoming Star Wars series The Acolyte, which will be led by Amandla Stenberg and Lee Jung-jae.
Read more »
Disney Plus, Hulu raising prices in DecemberDisney Plus' new ad-supported tier is coming in December along with some price hikes for the ad-free tier and Hulu bundles.
Read more »
‘Star Wars: The Acolyte’ Cast Revealed: Carrie-Anne Moss Joins Disney+ Series'Squid Game' star Lee Jung-jae and 'Game of Thrones' actor Dean-Charles Chapman are also among the ensemble.
Read more »
Selena Gomez Opens Up About Her Childhood Crush on This Former Disney StarSelena Gomez Opens Up About Her Childhood Crush on Cole Sprouse
Read more »
Scrooge McDuck's Origin Explored In New Disney Graphic NovelFantagraphics has a new Disney graphic novel on the way for Summer 2023 starring Scrooge McDuck in an adventure taking place in his hometown, Glasgow.
Read more »