Q3 FY17 earnings: Investors expecting $1.55/share (beat) and $14.43b revenue (miss).
Stock moving down around 3% after hours to ~$103/share.
https://seekingalpha.com/news/3286989-disney-taking-bamtech-launch-espn-disney-streaming-services
Stock moving down around 3% after hours to ~$103/share.
- Along with earnings, Walt Disney has announced it will take majority control of BAMTech
- Disney will launch an ESPN-branded multi-sport streaming service early next year, along with a Disney-branded direct-to-consumer service in 2019.
- It will pull its movies from Netflix (NASDAQ:NFLX).
https://seekingalpha.com/news/3286989-disney-taking-bamtech-launch-espn-disney-streaming-services
Last edited: