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DIS Market Currents
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Tuesday 2:04 PM The National Association of Broadcasters files a federal court appeal to prevent new rules from being implemented that require political ad sponsors to be identified online. The big 4 networks - owned by Disney (DIS), CBS, News Corp. (NWSA), and Comcast (CMCSA) - argue public disclosure of their information and advertising rates gives an unfair advantage to cable and Internet rivals unaffected by the legislation.
Comment![Consumer]
- Tuesday 12:05 PM InterActiveCorp-backed (IACI +1.1%) Aereo succeeds in getting an unfair competition claim that was part of a lawsuit attempting to shut down its $12/month local TV streaming service dismissed. A ruling is still pending on a copyright infringement claim. Broadcasters such as CBS, ABC, NBC, and Fox accuse Aereo of depriving them of retransmission fees from pay-TV providers (ed: the pay-TV providers aren't thrilled about paying for content that's aired for free). [Tech, Consumer]
- Monday 11:58 AM Hulu continues to add to its arsenal of original content (previous). The latest additions include movie-review show Spoilers, travel series Up to Speed, and U.K.-based comedy Rev. Netflix (NFLX) has been investing in plenty of original content of its own. [Tech, Consumer]
- Monday 11:36 AM Comcast's (CMCSA +0.2%) Universal Studios ups the ante in its bid to take more market share from Disney's (DIS +0.2%) array of amusement parks with new attractions linked to the highly-popular Harry Potter series of books and movies - as well as debuting rides based on Transformers and Spider-Man. Though Disney says a rising tide lifts all boats in the Orlando market, privately execs fret over the gains Universal has made.
- Monday 6:56 AM Analysts warn that a disappointing opening weekend from Universal Picture's Battleship may dent the profits at parent Comcast (CMCSA). The film only brought in $23.4M in ticket sales, well-below the $55.1M Disney's (DIS) The Avengers raked in for its third weekend on screens and a far cry from its projected opening weekend break-even mark of +$50M in sales. [Consumer]
- Thursday 2:29 PM With a palpable air of confidence, CBS (CBS +0.1%) only plans to add 4 new shows to its schedule next year as it aims to continue its impressive run of beating the ratings of rivals DIS, CMCSA, and NWSA nine out of the last 10 years. The Hollywood Reporter's take on the mojo at the network: "It doesn't matter what CBS does next season -- buzz or not. It's still going to crush the competition. Like a machine that can't be stopped." [Consumer]
- Thursday 11:26 AM Disney (DIS -0.5%) plans to launch a new video site that serves as a portal for clips and movie trailers, as well as select YouTube videos as a Google-Disney content deal starts to bear fruit. A beta version of the site tips off that it's formatted to work on mobile devices and tablets. If successful, the family-oriented portion of the online video portal could offer serious competition with Netflix's (NFLX -1.9%) Just for Kids platform. [Consumer]
DIS in Focus
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at CNBC.com (Tue, 3:45PM)
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at CNBC.com (Mon, 8:01AM)
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at MarketWatch.com (Sat, 11:10PM)
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at CNBC.com (Thu, 11:51AM)
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at CNBC.com (Thu, 8:43AM)
DIS Press Releases and Filings
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Business Wire (Mon, 9:30AM)
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Business Wire (May 13, 2012)
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Business Wire (May 8, 2012)
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Business Wire (May 7, 2012)
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Business Wire (Apr 16, 2012)
DIS Latest Transcript
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Tue, May 8
DIS Cramer
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DIS Instablog posts
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DIS vs. ETF Alternatives
Company Description
The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company with operations in five business segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products and Interactive Media. For convenience, the terms “Company” and “we” are... More