2023-10-07 14:15:00

Stock Market Sell-Off: Is Disney Stock a Buy?

Logo Nasdaq
Nasdaq
By The Motley Fool

We are in a bear market, and Walt Disney (NYSE: DIS) hasn't escaped its crosshairs. Down 35% year-to-date, the House of Mouse has left investors in a world of pain despite some encouraging developments in its direct-to-consumer video streaming businesses. But there is light at the end of the tunnel for patient investors.

Disney becomes a streaming company

It's hard to find a better example of perfect timing than Disney's 2019 release of its streaming platform, Disney+. The service arrived just in time for the COVID-19 pandemic, in which millions of people turned to at-home entertainment to cope with lockdowns and movement restrictions during the crisis. The direct-to-consumer business is supercharging Disney's revenue and could soon boost the company's bottom line.

AD
AD

In the third quarter, combined direct-to-consumer video (Disney+, ESPN+, and Hulu) subscriptions grew 27% to 221.1 million. For context, major rival Netflix boasts just 220.7 million subscribers despite having a 15-year head start in video streaming.

What is behind Disney's breakaway success? Its economic moat. Unlike Netflix, which has usually had to build content from the ground up, Disney+ has well-established franchises such as Star Wars and Marvel, which it uses to pump out hit shows with a ready-made audience of fans.

Continue read on nasdaq.com

AD
Logo The Motley Fool
MarketsBy Will Ebiefung2023-10-07 14:15:00
We are in a bear market, and Walt Disney ( DIS -2.93%) hasn't escaped its crosshairs. Down 35% year-to-date, the House of Mouse has left investors in a world...

Logo Nasdaq
MarketsBy Zacks2023-10-05 15:05:00
The Walt Disney Company DIS is benefiting from an expanding content portfolio of Disney+, which is driving user base growth. Disney+, as of Jul 2, 2022, had...

Logo The Motley Fool
MarketsBy Newsfeedback@Fool Com (Dani Cook)2024-09-20 13:00:00
Disney ( DIS 0.85%) has repeatedly made headlines in 2022 as more subscribers flocked to its streaming service Disney+. The company looks likely to be a...

Logo Nasdaq
Business / FinanceBy The Motley Fool2024-09-20 13:00:00
Disney (NYSE: DIS) has repeatedly made headlines in 2022 as more subscribers flocked to its streaming service Disney+. The company looks likely to be a major...

Logo The Motley Fool
MarketsBy Newsfeedback@Fool Com (Leo Sun)2023-10-02 14:27:37
Netflix 's ( NFLX -1.78%) stock price plunged about 60% this year and erased nearly four years of gains. The bulls fled as the streaming video giant's...

Logo Nasdaq
MarketsBy The Motley Fool2023-10-02 14:27:37
Netflix 's (NASDAQ: NFLX) stock price plunged about 60% this year and erased nearly four years of gains. The bulls fled as the streaming video giant's...

Logo The Motley Fool
MarketsBy Newsfeedback@Fool Com (Dani Cook)2024-09-19 14:00:00
The streaming industry is a growing market, worth over $80 billion today and expected to hit nearly $130 billion by 2026. The rise of streaming has coincided...

Logo Nasdaq
Business / FinanceBy The Motley Fool2024-09-19 14:00:00
The streaming industry is a growing market, worth over $80 billion today and expected to hit nearly $130 billion by 2026. The rise of streaming has coincided...

Logo CNBC
EconomyBy Paulina Likos2024-09-12 19:58:54
Disney (DIS) CEO Bob Chapek has big plans for sports broadcasting company ESPN that doesn't involve spinning it off welcome news for long-term investors in...

Logo The Motley Fool
MarketsBy Newsfeedback@Fool Com (Rich Duprey)2024-09-09 13:45:00
As the streaming wars intensify, Walt Disney ( DIS 0.84%) is exploring whether a membership loyalty program like Amazon ( AMZN 0.98%) Prime could not only...

Logo MarketWatch
MarketsBy Jon Swartz2024-09-14 22:13:00
Walt Disney Co. is considering making Hulu available through Disney+ once the media giant gains full control of Hulu in 2024, and is looking into sports...

Logo Nasdaq
Business / FinanceBy The Motley Fool2024-09-15 10:39:00
Despite a sustained recovery from dramatic pandemic declines and robust growth opportunities, Disney (NYSE: DIS) stock remains down 26% this year. It's still...

Logo The Motley Fool
MarketsBy Newsfeedback@Fool Com (Jennifer Saibil)2024-09-15 10:39:00
Despite a sustained recovery from dramatic pandemic declines and robust growth opportunities, Disney ( DIS 0.66%) stock remains down 26% this year. It's...

Logo Nasdaq
Business / FinanceBy The Motley Fool2023-09-30 20:45:59
Disney (NYSE: DIS) stock is down 45% in the past year and investors are questioning how profitable the company's streaming business can be. But Disney has a...

Logo Nasdaq
Business / FinanceBy The Motley Fool2024-09-17 14:37:00
While Amazon (NASDAQ: AMZN) and Netflix (NASDAQ: NFLX) have both played significant roles in developing streaming into what it is today, their overall...

Logo CNN
MarketsBy Frank Pallotta2024-09-12 16:32:07
New York (CNN Business) Dan Loeb is fine with Disney keeping ESPN after all. The activist investor and Third Point CEO, who made headlines last month when he...

Logo Nasdaq
MarketsBy The Motley Fool2024-09-20 12:03:00
There's no denying Hulu is a well-respected name within the streaming industry, serving as the initial alternative to pioneer Netflix (NASDAQ: NFLX)....

Logo The Motley Fool
MarketsBy Newsfeedback@Fool Com (James Brumley)2024-09-20 12:03:00
There's no denying Hulu is a well-respected name within the streaming industry, serving as the initial alternative to pioneer Netflix ( NFLX 1.46%). However,...

Logo Nasdaq
MarketsBy The Motley Fool2024-09-09 13:45:00
As the streaming wars intensify, Walt Disney (NYSE: DIS) is exploring whether a membership loyalty program like Amazon (NASDAQ: AMZN) Prime could not only...

Logo Nasdaq
Business / FinanceBy The Motley Fool2023-10-02 12:12:00
With global markets being roiled by Russia's ongoing war in Ukraine and high inflation rates stubbornly holding on, many economic experts have voiced concern...