Walt Disney Co.'s New Streaming Services: Everything You Need to Know
In a surprise twist earlier this month, alongside its third-quarter earnings report Walt Disney (NYSE: DIS) announced plans for new streaming services. The new services, which will be enabled by an acquisition of direct-to-consumer streaming technology company BAMTech, will launch in 2018 and 2019.
While there are still lots of questions about Disney's upcoming streaming services, management has said enough for investors to start considering the potential implications of this strategic move. Here's a look at what we know so far.
Image source: Getty Images.
Source: Fool.com
Walt Disney Co. Stock
The stock is an absolute favorite of our community with 47 Buy predictions and no Sell predictions.
As a result the target price of 118 € shows a positive potential of 42.43% compared to the current price of 82.85 € for Walt Disney Co..