Disney Up +5% Ahead of Disney+ Launch

Update5 months ago
All eyes are focused on Disney ahead of its launch of Netflix-competitor Disney+. After reporting strong earnings at 4pm ET Thursday, Disney CEO came to speak on CNBC minutes after.
He revealed two operational wins, in our view:
1) Disney+ launched in beta in the Netherlands and it was being received extremely favorably. This reduces execution risk. Disney has officially proven it can build a viable version of Netflix.
2) Disney formed a partnership with Amazon to market Disney+. In this way, they are now "frenemies" - Amazon also has its own version of Netflix called Prime Video. What this shows though is that Disney wants to get scale, fast.
Key questions we'll be looking for after the rollout: - Does Disney+ cannibalize Hulu? (Disney also owns that) - How quickly will consumers adopt Disney+? - How will this affect Disney's presence on traditional TV? Namely, it's crown jewel asset ESPN.
We've been bullish on Disney+, despite skeptics citing heavy competition. Reminder of our variant perception:
"We believe [Disney+] will create enormous value for Disney by enabling today's one-time, third party revenue streams (like movie tickets) to be converted into more attractive, direct recurring payments to Disney. We believe the subscription service would also improve Disney's ability to further monetize its best-in-class portfolio by offering it direct access to valuable consumer viewing data."
As of this writing, DIS was a portfolio holding of Titan Invest. This security may cease to be a portfolio holding at some point in the future.

Become a Titan investor today.

Titan Invest is an SEC registered investment adviser. By using this website, you accept our Terms of Use and Privacy Policy. Titan’s investment advisory services are available only to residents of the United States in jurisdictions where Titan is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance. Account holdings are for illustrative purposes only and are not investment recommendations. The content on this website is for informational purposes only and does not constitute a comprehensive description of Titan’s investment advisory services.
Refer to Titan Invest’s Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Titan’s fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Brokerage services are provided to Titan Clients by Apex Clearing, an SEC registered broker-dealer and member FINRA/SIPC. For more information, see our disclosures. Contact: 110 Greene Street, Suite 910, New York, NY 10012. Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice.
© Copyright 2020 Whisker Technologies, Inc. All rights reserved.