Disney CEOBob Iger spoke to investors on the Quarter 1 earnings call, where he addressed the acquisition of 20th Century Fox (among other properties), how the deal is progressing, and what the next steps are.
BAMTech, which Disney has invested billions of dollars in, and runs streaming for HBO, MLB, WWE (WWE - Free Report), will power this new service.
Adjusted EPS does not include a $1.6 billion benefit related to recent changes in US tax law and certain other one-time items.
Sensex, Nifty tumbles over 3.6 pc after global sell-off At 10:18 am: The key equity indices seem to be continuing their free-fall with Sensex and Nifty again falling sharply. Australian shares dropped 3.0 percent to their lowest since October while South Korean shares fell 3.0 percent.
Increased attendance was seen at global parks, with Shanghai Disney Resort receiving between 65,000 and 68,000 visitors on one day in October, Disney CEO Bob Igersaid in a conference call with investors. That may not bode well either for the Han Solo spinoff due this May or for the two new trilogies in the works - the latest, announced on Tuesday, to be written by the creators of "Game of Thrones".
Following a 3% decline in its Media Networks business in Q4, Disney's Media Networks revenue was flat for Q1 at US$6.2 billion. And they want you to pay $4.99 per month for it. Analysts on average had expected revenue of $15.46 billion. The company's Cable Networks unit, which ESPN accounts for a large portion of, did climb 1% year-over-year, but operating income fell 1%, thanks in part to declines at ESPN. Cable accounted for 72 percent of Disney's TV revenues, or $4.49 billion. "With this service having massive amounts of sports content, it's the ideal foray into streaming in our opinion with Disney's standalone service coming down the pike slated for 2019, with the Fox acquisition and Hulu ownership making the company a legitimate streaming player". It's broader, direct-to-consumer streaming service, meanwhile, is set to be available some time in 2019. It can be noted that Disney bought a majority stake in BANTech for $1.58 billion in 2017.
Prime Minister Abbasi said the war against terrorism will continue till the elimination of the last terrorist from Pakistan. The Pakistani Taliban claimed responsibility for the attack, one of the deadliest against the military in recent years.
Three attackers also died in the incident, which Beijing blamed on separatists from the restive western region of Xinjiang. The Prime Minister had been meeting with mayor Yong at Shanghai's Xingguo Hotel, about four miles from the incident.
United States military officials said the attacks, which began late on Wednesday, were conducted to "repel acts of aggression". Statements carried by Syrian television stations called it a "new aggression" and "an attempt to support terrorism".
Speaking in front of cameras in Seoul, Lee said his time behind bars had been a "really valuable" period of self-reflection. His absence hasn't impacted Samsung's business, which has posted a series of record financial returns over the past year.
Ryan's tweet was the latest show of Republicans patting themselves on the back for the tax bill, which slashed corporate taxes. Ryan's Democratic opponent, Randy Bryce, used the blunder as a fund-raising opportunity.
As requested, we're adding a function that will allow you to hide certain applications under the "Purchased" tab in the Library. Hold onto your seats because a new firmware update for the PS4 Pro is about to bring your older TVs back to life.
But he has stated he would be more comfortable at second base, which makes the signing of Frazier a sound choice. His addition will allow the Mets to move Asdrubal Cabrera to second base, where Cabrera is more comfortable.
They also expressed hope that special counsel Robert Mueller's work would continue without interference. Trey Gowdy of SC , says the committee extended the deadline on Bannon's subpoena until next Tuesday.
The island's worst tremor in recent decades was a 7.6- magnitude quake in September 1999 that killed around 2,400 people. Other buildings shifted on their foundations and rescuers used ladders, ropes and cranes to get residents to safety.
He succeeds Dick Advocaat , who stepped down after the team's failure to reach this summer's finals in Russian Federation . Former Everton manager Koeman has been out of a job since he was dismissed by the Premier League club back in October .
Iran urges Turkey to respect intl. borders
Afrin, one of the few areas of Syria to know relative peace since 2011, has now been plunged into conflict in the last weeks. The United Nations has also said it is looking into reports of chemical attacks in the country.
Phoenix Open: Gary Woodland defeats Chez Reavie in play-off
Woodland was trending in the right direction after a T7 at the Sony Open in Hawaii and a T12 at the Farmers Insurance Open. He was driving to Austin Country Club for the second day of the WGC-Dell Technologies Match Play when he got the call.
Best Buy says CDs are out, vinyl is in
Under the plan, Target would only pay for the discs when they are purchased, rather than upon receiving them. Billboard says the consignment demand puts the risk back to the labels and not the retailer.
Man Wanted For Criminal Sexual Conduct With a Child
According to the Chicago Sun-Times, social media users began contacting authorities "regularly" to report the video Friday night. WSFA-TV reports that 44-year-old Germaine Moore turned himself into Millbrook Police around 2:30 a.m.
Omar Abdullah condemns Jammu and Kashmir hospital attack
The attack ended with the terrorists escaping into the narrow lanes and bylanes of downtown Srinagar , a police official said. Two Lashkar militants rained bullets at the police party and fled in a vehicle towards downtown Srinagar .
Is it too late to protect your child?
Do not share eating utensils or drink after others, as this can all spread the flu (even if symptoms are not yet being exhibited). There are no current shortages of antiviral drugs and manufacturers report they expect to meet projected seasonal demands.