The Weekly Media Round-Up – Stock inFocus, Walt Disney (NYSE:DIS)

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Walt Disney (NYSE:DIS)

The Walt Disney (NYSE:DIS) Company is a multinational mass media corporation based in California. It wasn’t long before it became the top American animation company operating in film production, television and theme parks under various names like Walt Disney (NYSE:DIS) Studio or Walt Disney (NYSE:DIS) Productions. When a name this big makes any movement or strategic changes, it is noted and speculated upon.

Recently, Disney (NYSE:DIS) announced to offer funds of $1.25 billion to Euro Disney. Euro Disney is a resort located close to the centre of Paris, 40% of which is owned by Disney (NYSE:DIS). It is considered the most visited tourist attraction in France and Europe. But lately, it’s been noted that the Parisian park is not only under heavy debt, but the number of visitors keep falling at an alarmingly large number. As a result, Euro Disney is struggling and it’s expected that the $1.25 billion will help it to pay off its debts and work on development and addition of new rides. Theme parks are a major source of revenue for Disney (NYSE:DIS) as it also creates a platform to market the company’s other products like movies, television and retail merchandise.

For the year 2014, Disney (NYSE:DIS)’s expected shares are to be $94, ten percent higher than the existing market price. In total Disney (NYSE:DIS) is expecting revenue of $48.4 billion this year.

News Corp (NASDAQ:NWSA)

In other media news, News Corp (NASDAQ:NWSA) announces its acquisition of Move Inc for $950 million. This strategy will help News Corp (NASDAQ:NWSA) to capture more market share in its digital real estate business, which is currently focused in Australia. With 35 million Move Inc visitors per month, the expected revenue for this year is a booming $8.8 billion for News Corp (NASDAQ:NWSA), 10% ahead of the existing market price.

Viacom (NASDAQ:VIAB)

Viacom (NASDAQ:VIAB) has recently been working on new expansion plans and as a result, it will launch SPIKE in the UK for the first time. This move comes after Viacom (NASDAQ:VIAB) made its acquisition of Channel 5 public. SPIKE, mainly caters to male viewership as it offers programs like Tattoo Rescue, Ink Master or Bar Rescue, along with a list of sports series. Special events, live programs and movies are also shown. Within the US, the channel reaches 99 million households and the company is using UK as a platform to test popularity before it launches in other countries.

CBS Corporation (NYSE:CBS)

“Under the Dome and Extant”, seems to be among the most viewed series. Its popularity has convinced CBS Corporation (NYSE:CBS) to renew its contract for the next season. With 11 million viewers, it’s voted as summer’s top series. Amazon (NASDAQ: AMZN) is also a major source behind CBS profits. It also allows for the show to be available at Amazon (NASDAQ: AMZN) Prime after its CBS broadcast. Hence, CBS’s estimated revenue for this year is considered at a boosting $14.84 billion, with share price estimate at $60, 20% ahead of the market price.

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