Company Of The Day: Disney
What?
Disney (NYSE:DIS) plans to raise pricing on its ESPN Plus streaming service to $7 per month or $70 for a year, up from $6 per month and $60 per year currently.
Why?
- Disney Stock Has 2x Upside If It Rises To Pre-Inflation Shock Highs Of $202 Per Share
- Disney Stock Could Rise Over 2x If It Recovers To Pre-Inflation Shock Highs
- Will Slowing Streaming Growth Impact Disney’s Q3 Results?
- Disney Stock Could More Than Double If It Recovers To Pre-Inflation Shock Highs
- A Deep Dive Into Disney’s Streaming Operations After A Tough Q2
- What To Expect As Disney Reports Q2 Results?
The increase comes after ESPN unveiled a series of sports rights deals for the platform, including contracts for NFL and NHL coverage and the Wimbledon tennis tournament.
So What?
Disney also recently raised pricing on its flagship Disney+ streaming offering from $7 per month to $8. The recent pricing moves indicate that the entertainment behemoth is getting more confident about its streaming offerings, coming to see them as a legitimate source of revenue growth.
See Our Complete Analysis For Disney
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio that’s beaten the market since 2016
See all Trefis Price Estimates and Download Trefis Data here
What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams