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NFT, Metaverse Opportunity Extraordinary For Disney, But Bob Iger Cautions On Copyright Issues With OpenSea
Wednesday, February 2, 2022 - 1:00pm | 482Many companies are pushing into the growing industries of non-fungible tokens and the metaverse. Former CEO and Chairman of Walt Disney Co (NYSE: DIS) Bob Iger shared thoughts about what the opportunity could be in the space for his former company. What Happened: Iger spoke with New York Times...
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Star Wars, Pixar, Marvel, Disney NFTs Are Coming: What You Need To Know
Wednesday, October 27, 2021 - 2:55pm | 592Non-fungible tokens may have one of its biggest votes of confidence yet with media conglomerate Walt Disney Company (NYSE: DIS) entering the mix Wednesday. What Happened: VeVe, a digital collectible business, has partnered with Disney to bring a line of NFTs to collectors in celebration of Disney+...
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This Day In Market History: Steve Jobs Leaves Apple
Tuesday, August 24, 2021 - 9:00am | 382Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 2011, Steve Jobs stepped down as CEO of Apple, Inc. (NASDAQ: AAPL). Where The Market Was: The Dow Jones Industrial Average closed at 11,320.71 and the S&P 500 traded...
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If You Invested $1,000 In Disney When They Acquired Lucasfilm, Here's How Much You'd Have Now
Friday, August 13, 2021 - 7:35am | 536Over the years, the Walt Disney Co (NYSE: DIS) has completed several acquisitions to boost its theme park, consumer products and media business lines. Two of the biggest were in 2006 and 2009 with Pixar and Marvel, respectively. In 2012, Disney bought Lucasfilm, the owner of one of...
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Ever Wonder How Pixar Was Able To Feature So Many Brands In The 'Toy Story' Movies?
Friday, July 30, 2021 - 8:40am | 860"Toy Story" created its own toy universe when it was released in 1995, as well as its 1999, 2010 and 2019 sequels. Along with the fictionalized world of Woody and Buzz Lightyear, a plethora of real-life toys joined the Walt Disney Co (NYSE: DIS) and Pixar universe. But getting those...
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If You Invested $1,000 In Disney Stock When They Acquired Pixar, Here's How Much You'd Have Now
Saturday, July 24, 2021 - 2:55pm | 481Walt Disney Co's (NYSE: DIS) acquisition of Pixar has changed the media company forever with the Pixar content a large part of theme parks, movies and the company’s current all-in approach to streaming. Here’s how shares have done since the deal was announced. Pixar Acquisition...
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Should Jack Dorsey Be Running Twitter And Square At The Same Time?
Saturday, March 13, 2021 - 10:42am | 867Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week we posed the following question about Twitter Inc (NYSE: TWTR) and Square Inc (NYSE: SQ) boss Jack...
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Disney+ Hits 86.8M Subs, Stock Hits New 52-Week Highs: Key Takeaways Of Investor Presentation
Thursday, December 10, 2020 - 8:44pm | 610Walt Disney Co (NYSE: DIS) hosted its Investor Day 2020 on Thursday. Disney+ Update: Disney’s streaming platform Disney+ hit 86.8 million subscribers. The streaming platform will add something new every week with dozens of branded series heading to the streaming platform. “Over the...
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Roy Vs. Eisner Vs. Iger: Which CEO Had The Best Run At Disney?
Friday, February 28, 2020 - 12:27pm | 942With the announcement this week that Bob Iger is stepping down as CEO of Walt Disney Co. (NYSE: DIS), with Bob Chapek becoming the storied company’s seventh CEO, we thought it would be interesting to compare the tenures of the chief executives at the House of Mouse. Here’s a list of the...
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Coming Attractions: Can Disney Possibly Top Its Record Year At The Box Office?
Friday, January 3, 2020 - 1:31pm | 1036When you're a movie company and you set the record for box office draw with some help from the all-time biggest money-making movie ever, what do you do for an encore? That's the dilemma facing Walt Disney Co. (NYSE: DIS) as it goes into 2020. Incredible Year Disney made $11.12 billion at...
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'Frozen 2' Sets Another Box Office Record For Disney This Year
Monday, November 25, 2019 - 9:45am | 477“Frozen II” brought the heat over opening weekend — bagging $350 million worldwide and a box-office record for global day-and-date releases of an animated feature. The film received warm reviews, although not quite as hot as those of the “Frozen” prequel. “There...
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As 'Frozen 2' Arrives, Here's A Look Back At The Massive Success Of 'Frozen'
Friday, November 22, 2019 - 1:31pm | 564Back in 2013, Walt Disney Co (NYSE: DIS) struck a goldmine in "Frozen." The franchise became so profitable that animators have since been reluctant to, well, let it go. The 'Frozen' Effect "Frozen" won two Academy Awards for best animated feature and best original song....
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Disney's Stock Falls After Q3 Earnings, Sales Miss
Tuesday, August 6, 2019 - 4:13pm | 266Walt Disney Co (NYSE: DIS) shares are down after reporting a third-quarter earnings miss. Adjusted earnings came in at $1.35, missing estimates by 40 cents per share. Sales came in at $20.25 billion, missing estimates by $1.24 billion. "Our third-quarter results reflect our efforts to...
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Movie Analyst: When It Comes To Marvel, Less Is More
Friday, July 26, 2019 - 12:49pm | 656After a year absence at Comic-Con, Marvel Studios came back to the convention's 50th anniversary with a bang, announcing several new movies and arguably saving the event. Less Is More Marvel is certainly the king of drumming up excitement and press, and Comic-Con’s 50th anniversary event...
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Analysts Marvel At Disney's Box Office Potential This Year
Monday, April 29, 2019 - 4:45pm | 586For Walt Disney Co (NYSE: DIS), the end game to its string of successes isn’t in sight, analysts said coming out of a weekend in which the company’s “Avengers: Endgame” shattered box office records. Several reiterated their belief in strong upside potential for the company,...