Here's the Stunning Impact Streaming Is Having on Walt Disney's Top Line [The Motley Fool]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: The Motley Fool
Congratulations are in order.Walt Disney(NYSE:DISNetflixin India just a few days agoThe real question: What does this ultimately mean for Walt Disney's financial results? More than you might think. While not yet as big of a deal as television or movies are for the company, the Disney+ growth trajectory could make streaming just as important as either of those divisions in relatively short order.Crunching the numbersIt doesn't take too much number crunching to come up with a reasonable estimate. If0 million paying customersImage source: Getty Images.It's not a game-changer ... yet (more on that in a moment). Last fiscal year, Walt Disney generated $69.6 billion of revenue. Almost $ billion of that came from the media networks segments -- Walt Disney owns major networks like ABC, ESPN, and FX -- while $6. billion of the top line came from the company's theme parks, hotels, and product licensing deals. The studio entertainment business, responsible for Disney's box office hits, only acco
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- Disney stock soared to a six-month high, looks to own the box office again [USA TODAY]USA TODAY
- Does Netflix's Push Into Live Steaming Justify Buying the Stock Now? [Yahoo! Finance]Yahoo! Finance
- What to know about Denzel Washington's family, including his actor kids [Business Insider]Business Insider
- The Tablo Lets You Watch Live TV For One Price — and It's 30% Off Right Now [CNET News]CNET News
- Warner Music Posts 8% Growth in Streaming Revenue for Fiscal Year in Solid Earnings Report [Yahoo! Finance]Yahoo! Finance
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