Edit ModuleShow Tags

Disney's New Blockbuster ... Its Share Price



In this Aug. 8, 2017, file photo, The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange. On Thursday, April 11, Disney is unveiling details of its long-awaited streaming service Disney Plus.

AP Photo by Richard Drew

NEW YORK (AP) — Walt Disney shares are rocketing to an all-time high in early trading after the company moved aggressively into the streaming arena.

The Disney Plus video steaming is being released in tandem with a blockbuster lineup of films coming out this year, including Aladdin, Toy Story 4, The Lion King, Frozen 2 and Star Wars: Episode IX.

Shares in The Walt Disney Co. hit $129.85 at the opening bell Friday, up 13 percent.

Disney Plus will roll out in the U.S. on November 12 at a price of $6.99 per month, well below the $13 monthly fee charged by Netflix, which holds a dominant position in the streaming sector.

 

Source: AP

 

Add your comment:
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags

Calendar

April 2019

Today

  • Sun
  • Mon
  • Tue
  • Wed
  • Thu
  • Fri
  • Sat
31 01 02 03 04 05 06
07 08 09 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 01 02 03 04