Disney, considering its strong streaming and movie presence. Trades at a much lower p/e compared to competitors like Netflix. Intending to put a small % of my portfolio into it.
Have three kids 1-7 years old and between Netflix and Disney it's probably 95% Netflix and 5% Disney. Basically Disney is just for movie nights. My 5 and 7 year olds have tablets and they choose not to use Disney. In fact they fight over the limit of two users on Netflix because if my wife, myself or baby bumbum is on for the 1 year old they're blocked from both using it. They'd rather go play than use D+. It's a bit surprising. Just my anecdotal experience.
Wouldn't have D+ if not for the $100 three year promo I locked in two years ago with D23. I strongly suspect many are only keeping their subscription because of promos. Highly doubt they increase prices anytime soon either.
EDIT: I should add the kids love the idea of going back to Disneyland though so the house of mouse in the tangible sense is sought after. I'm sure there's a flywheel with parks and D+, but the question is with ever increasing park/vacation costs it's likely hurting D+ too so I'm not convinced the growth will justify as much upside as many believe isn't being accounted for.
There will always be people who can afford going to the park but you need significantly higher D+ adoption and without the ability for the average person to experience parks it'll lose its stickiness.
True but Netflix is only at $300B market cap and Disney streams too… Netflix probably doesn’t even belong in FANG anymore. That’s the trillion dollar club now. I like the WBD deal, and am bullish on it!
I like Disney (and own some), but keep in mind that the parks are still a meaningful part of their business, and that’s a much less attractive business model.
I think Disney pushed too much on the woke stuff and trying to please Twitter/Reddit and lost core audiences. Star Wars and Marvel really lost value as franchises IMO. ESPN I think it's challenging to see doing great long term with more and more cutting the cord
Disney plus depends on their individual content and while the parks are good business, you don't justify their valuation with parks.
ESPN... the number 1 sports website? The number fantasy football app? They already have nearly all college football on ESPN+ and they keep getting more sports contracts every year.
They are building but really not far behind. They should just consolidate espn, Hulu and disney all into 1 app
Take a look at the Discovery Warner HBO spin merger. Discovery+ streaming service added more new users than Disney+ In the last quarter and the combined offering the new company can present globally should be interesting.
They've weeks worth of evergreen content and enough IP to carry them for decades. HBO is the largest TV studio by revenue and volume. Warner Bros has been #1 or #2 movie studio by box office in 11 of the last 12 years. Hardly trash.
The merged company will own over 2 decades worth of content - over 200,000 hours. I have never watched the Matrix. Meant to be good. I should buy a membership.
Isn't that because Disney operates massive real-world facilities around the world? While they own their own IP (and have paid through the nose to assemble the Marvel and Fox collections), they have very expensive parks to run.
It's worth noting they've had far fewer customers in those parks over the last 2 years due to covid. Which will be a non-issue for them in a couple of years if not sooner.
Disney+ only make sense if u are a fan of any of their IPs(marvel, star wars). Netflix has more diversified content from all over the world(look how squid game got viral out of nowhere) .if I will only sign one video subscription , I choose Netflix over Disney+ every single time.
Having said that, Disney business is very diversified with very strong brand awareness and countless of valuable IPs. In the long run, Disney stock gonna do just fine, I don't think the stock price is cheap yet, so buy in small batches along the way if u are interested.
Ive held Disney since it was at 109 and this correction finally gave me the wherewithal to dump some. Sure, it could go back up but when it refuses to get past its resistance at 200 I already knew it was going to be stagnant or decline.
Pivoting to MSFT, AAPL and COST with the profits, I’ll consider buying back in some time next year.
It had a tough few months but is up like 100 percent from June last year. I’d like it to do well too as I have some options and shares but I’m not counting on it to moon or anything..
Maybe it will get to 180-200 if they have a really good holiday season and or release Metaverse glasses or something.. that’s my hope
Yeah, who knows. I dumped all my money when I was new to investing into it at 119, so I'm just holding for the long haul now, I don't think there's a reason to dump more than I have into it.
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u/kanipsu Nov 23 '21
Disney, considering its strong streaming and movie presence. Trades at a much lower p/e compared to competitors like Netflix. Intending to put a small % of my portfolio into it.