Videos above and below published Aug 8, 2017: Disney $DIS Chairman and CEO Robert Iger discusses the decision to stop selling movies to Netflix $NFLX and begin offering ESPN sports programming and family films directly to consumers via two new streaming services. He speaks with David Westin on “Bloomberg Technology.”
- The Walt Disney Company
- Principal Domain Names: Disney.com and TheWaltDisneyCompany.com
- Stock exchange: symbol | NYSE: DIS
Disney Chairman and CEO Robert Iger discusses Netflix, disruption by digital technology, and the new ESPN online service. He speaks with David Westin on “Bloomberg Technology.”
The Walt Disney Company, also known as Disney, is a U.S.-based diversified multinational mass media and entertainment conglomerate, headquartered at the Walt Disney Studios in Burbank, California.
- Founded: October 16, 1923, Los Angeles, CA
- Subsidiaries: Pixar, Walt Disney World, Disney Store, MORE
- Founders: Walt Disney, Roy O. Disney
Disney Is A Canary - Netflix, Inc. (NASDAQ:NFLX) | SeekingAlpha.com: "... problem: The content cost per subscriber for Comcast (and Comcast-like entities) is much, much higher than for Netflix. It’s roughly 10x higher (~$207 per quarter per sub at Comcast, ~$19 per quarter per sub at Netflix) ... if the content industry was to let Netflix conquer the entire content-consuming market, the entire content industry would have to live on 1/10th the revenues. That’s not going to happen .... the price difference is anchored on much lower content costs which seem highly unsustainable."
Disney's Challenges to Building a Streaming Future
Video above published Aug 9, 2017: Barton Crockett, analyst at FBR Capital Markets, examines the challenges that Walt Disney Co. faces in build its own streaming media services. He speaks with Bloomberg's Mark Barton on "Bloomberg Markets."
See also: The Walt Disney Company to Acquire Majority Ownership of BAMTech | thewaltdisneycompany.com