What’s going on? Disney announced stronger-than-expected 2Q/2021 earnings. What does this mean? Disney’s theme parks, experiences, and products segment speaks have been the main drivers that return profitability to Disney for the first time since the pandemic began. Most of the segment’s profit came from people buying merchandise. As Disneylands is getting busier again, it…
Tag: Disney
Journal Report 11: The Best Acquisitions of All Time
Methodology The list is ranked by the estimate of the absolute dollar return to the acquirer. Acquisitions must be at least a majority stake in the target company. Revenue multiples are used to estimate the current value of the acquired company, equal its current estimated revenue x the market cap-to-revenue multiple of the parent company’s…
Ep 90: Awards Season
What’s Going On Here? Netflix reported better-than-expected fourth-quarter results. What Does This Mean? The streaming giant’s quarterly revenue was 31% higher, and a little more than investors expected – and its profit beat forecasts too. That was partly thanks to the added 8.8 million subscribers – a big jump from the promised 7.6 million. Netflix only…
Ep 72: Disney Takes The Mickey
What’s Going On Here? Media giant Disney reported better-than-expected quarterly revenue and profit growth late last week – and Enchanted investors sent its shares up 4%. What Does This Mean? Disney’s last quarter was definitely more Beauty than Beast. Revenue from its iconic theme parks and broadcast networks grew – but the real Aladdin’s cave was its movie studio….
with HT 