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Disney’s 2019 Q1 Earnings Call: Disney Beats Quarterly Estimates, Discuss Plans for Disney+, Marvel & More

Today, Disney held its first quarter shareholders meeting, in which they discussed a wide range of topics including 2018 revenue, the future of Disney+, Marvel and more. While Wall Street expected the house of mouse to have an earnings per share of $1.55 on revenue of $15.18 billion, this was not the case. The entertainment ...

Disney’s Acquisition of Fox Will Lead to a “Transformational” Year

Disney’s $71.3 billion acquisition of 21st Century Fox, as well as the launch of the Star Wars: Galaxy’s Edge theme parks and the Disney+ streaming service later this year, signals a big, but transformational year ahead” for the Walt Disney Company. Benjamin Swinburne, an analyst from at Morgan Stanley (via CNBC), reports that “2019 is likely a transformational year for ...

Disney Officially Buys Fox’s Film and Television Studios for $52.4 billion

Written By: Nick Poulimenakos It's official. The deal between Disney and 21st Century Fox was announced this morning and will see Disney acquiring Fox's film studio (20th Century Fox) as well as several televisions studios for $52.4 billion. Under the terms of the agreement, Fox will retain the Fox News Channel, Fox Broadcasting (which runs the ...

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