Disney Gives Itself A Makeover, Reorganizes Business Segments
Zacks Investment Research | Mar 14, 2018 10:07PM ET
In an effort to adapt to transformations in the media scenario and focus on growth prospects, The Walt Disney Company (NYSE:DIS) announced streamlining of its operations into four segments. Evidently, it has created a direct-to-consumer and international business segment, and combined Parks, Experiences and Consumer Products into another unit. Meanwhile, the other two segments, Media Networks and Studio Entertainment, will almost remain the same.
We expect the reorganization of its business to help this media behemoth focus on producing high quality content, increasing global foot print, technological modernization and most importantly direct-to-consumer distribution. However, following the news not much movement was witnessed in the stock price yesterday. In the past six months, the stock has gained 5.9% compared with the Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.