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Walt Disney Co (Extended Hours)

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Key facts today


Loop Capital has increased its price target for Disney (DIS) shares from $125.00 to $130.00.
Disney is laying off staff due to expected revenue drops in its linear networks, while boosting its streaming services, especially in live sports, where revenue is projected to rise.
Disney is focusing on long-term growth for Disney+ by developing original shows tailored for international markets, according to Co-Chairman Dana Walden at a recent conference.
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About Walt Disney Company (The)


The Walt Disney Co is a diversified international family entertainment and media enterprise. It operates through the following segments: Disney Media and Entertainment Distribution (DMED) and Disney Parks, Experiences and Products (DPEP). The DMED segment encompasses the company's global film and episodic television content production and distribution activities. The DPEP segment includes significant lines of business like parks and experiences and consumer products. The company was founded by Walter Elias Disney on October 16, 1923 and is headquartered in Burbank, CA.

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