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Globe and Mail
2 hours ago
- Globe and Mail
Did Disney Just Win the Streaming Wars? Read About CEO Bob Iger's Huge Announcement Here.
Key Points Disney's theme parks were its main growth driver in the third quarter. Disney is merging Disney+ and Hulu into one app, which it expects to provide a better experience for users and greater opportunities for advertising for Disney. The new ESPN streaming channel is launching Aug. 21 and ESPN is acquiring the NFL network. 10 stocks we like better than Walt Disney › Iconic entertainment brand Disney (NYSE: DIS) had some exciting news for investors this week. The company reported earnings for the fiscal 2025 third quarter (ended June 28) and they were mediocre. But it was the company updates that stole the show, and it looks like Disney is getting into a better position in streaming. Let's see what's happening. No other experience like it Disney is an entertainment giant with many exclusive assets that serve as a strong moat. Although there are other theme parks in the world, there's nothing quite like the magic of the Disney experience, which brings together loved franchises and characters that fans feel connected to. All of Disney's segments work together, with the content and characters unifying all the parts. But Disney's theme parks are a complete business. They were a standout in the third quarter, driving total revenue growth of 2% year over year with an 8% increase, and driving overall profitability and an earnings beat with a 22% increase in operating income. That was important over the past few months, since streaming is still finding its footing and linear networks are still in decline. Disney+ added 1.8 million new subscribers in the quarter, only 1% more than last year, and streaming operating income increased about 5%. However, CEO Bob Iger provided some massive news about streaming that could positively change Disney's trajectory. ESPN, NFL, and Hulu There were two major announcements related to streaming that Iger gave on the earnings call. One was the integration of Hulu into Disney+, with both available through a single app. This offers greater selection and personalization options for viewers, as well as more engagement, lower churn, higher margins, and improved advertising opportunities for Disney. It puts the two channels together on one tech platform, which is easier and cheaper to run, and creates the potential for advertising packages that weren't available in the previous format. Down the line, Iger expects this to result in greater price elasticity and bundling opportunities. The second streaming update caught a lot more attention in the market, and that's the launch of the new ESPN+ on Aug. 21 along with a new partnership between ESPN and the National Football League (NFL). The ESPN+ streaming platform has been a work in progress for several years as Disney has tried tried to figure out what to do with it. It's an important element of the company's cable networks strategy, but it also needs to offer something unique to streaming viewers. The new ESPN streaming site will offer personalized features, game stats, fantasy sports, and other special elements not available on the cable network. Subscribers to the full Disney+, Hulu, and ESPN bundle will be able to view content directly on the Disney+ app, further unifying the platform. As part of its new streaming era, ESPN is acquiring the NFL network and some media assets, including highlight reels on social media sites and interactive platforms. It will also offer the NFL's Red Zone channel to premium subscribers. The NFL is taking a 10% stake in ESPN in return. This could have broader implications in the world of sports, impacting player salaries and the relationship with the players' union, and it will have to meet regulatory approval. But it's a big win for Disney as it carves out ESPN's place in the streaming world. Is Disney winning the streaming wars? I wouldn't say this means Disney is winning the streaming wars. Disney's streaming business is still trying to keep up with Netflix, which has truly demonstrated spectacular performance in the face of an onslaught of new streaming companies over the past few years. It still has more subscriptions than Disney, although it stopped reporting subscription numbers at the end of 2024, and it has more revenue than Disney's streaming business. It's also growing faster and has a wide operating margin of 31.5%. Disney has an unparalleled content library, but streaming only recently became profitable and it's still figuring out how to make the business work best. The new updates are exciting for Disney shareholders, and Disney's streaming business is well positioned to keep growing and create value for the company. Should you invest $1,000 in Walt Disney right now? Before you buy stock in Walt Disney, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Walt Disney wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025


CBC
4 hours ago
- CBC
Vancouver filmmaker's tragicomic documentary about Filipino typhoon survivors gains buzz
Twelve years ago, Typhoon Haiyan claimed thousands of lives in the Philippines, and filmmaker Sean Devlin went to the country a year later to work on a film. In the process, he created a semi-fictional movie featuring Filipino people who made the best of the tragedy. His film Asog has received praise at many international film festivals.


CTV News
6 hours ago
- CTV News
Quebec television content struggles to gain traction among young people
A person browses a television menu showing icons for streaming services Netflix and Amazon Prime in a photo illustration on Friday, March 22, 2024. (THE CANADIAN PRESS/Giordano Ciampini) Quebec television content is struggling to find its place in a media landscape where streaming platforms are multiplying, particularly with young people. Among those who watch TV, less than one in four (23 per cent) watch mainly Quebec content. That's according to the Quebec Survey on Cultural Leisure and Entertainment, conducted among 16,000 people aged 15 and over in 2024 and released by the Quebec Statistics Institute (ISQ) on Monday. The survey finds that the younger the viewers, the less Quebec content they consume. Only 14 per cent of people aged 30 to 44 watch mainly Quebec content, a proportion that drops to eight per cent among 15- to 29-year-olds. However, the ISQ reports that almost everyone (97 per cent) watches television content in the province, when all distribution modes are factored in. Quebec digital streaming platforms aren't the most popular, either. The ISQ survey specifies that 73 per cent of people live in a household with a subscription to a non-Quebec streaming platform, compared to 28 per cent with a Quebec platform. Traditional television still plays an important role, with 67 per cent of people subscribing to it. The music landscape is similar to that of television, with 40.8 per cent of people who listen to music choosing mainly non-Quebec artists. The trend is once again more pronounced among younger people: 69 per cent of 15- to 29-year-olds and 50 per cent of 30- to 44-year-olds listen mainly to music by non-Quebec artists, according to the ISQ. In fact, 57 per cent of 15- to 29-year-olds listen mainly to songs in English. In the literary field, 37 per cent of readers in the province say they mainly read books by non-Quebec authors, compared to 18.2 per cent who say they mainly read books by Quebec authors. - This report by The Canadian Press was first published in French on Aug. 11, 2025.