DIS Shareholders and Stock Info ONLY

[HokieRaven5]

ESPN valued at approximately $30B based on NFL deal:

NFL media assets

In January 2026, ESPN acquired NFL Network and certain other media assets owned and controlled by NFL Enterprises LLC, including the NFL RedZone channel’s pay TV distribution and NFL Fantasy (collectively the Specified Assets), from NFL Enterprises LLC in exchange for a 10% noncontrolling interest of ESPN (the NFL Transaction). This transaction will allow the Company to expand audience reach, increase accessibility and flexibility for consumers, drive innovation, and offer more high-quality content at competitive prices. As a result of the NFL Transaction, the Company has an effective 72% interest in ESPN, with Hearst Corporation (Hearst) and NFL Enterprises LLC holding 18% and 10%, respectively. After July 2034, based on the performance of the Specified Assets, the Company may have the right to reacquire (the Exchange Right) the NFL’s interest in ESPN in exchange for a ten-year note at 70% of the then fair market value of the NFL’s interest in ESPN. Alternatively, on a similar time frame, the NFL may have the right to acquire up to a 4% additional equity interest in ESPN at a purchase price equal to 70% of the then fair market value of ESPN.

The estimated fair value of the NFL Transaction is approximately $3 billion. A significant portion of the transaction value will be deferred until late fiscal 2033 and amortized as an expense thereafter, or, in the case that the Company exercises its Exchange Right, would be charged to equity. The Company is in the process of finalizing the valuation of the assets acquired, liabilities assumed and noncontrolling interests.

 

[wabbott]

https://www.wsj.com/business/media/disney-dis-q1-earnings-report-2026-1170ca66?siteid=yhoof2

Disney Shares Fall Despite Streaming Growth, as CEO Decision Nears
Entertainment company warns that declining international tourism is weighing on its U.S. theme parks

By Ben Fritz and Isabella Simonetti
Updated Feb. 2, 2026 9:58 am ET

this gets around paywall

https://www.msn.com/en-us/money/com...ming-growth-as-ceo-decision-nears/ar-AA1Vuunq

 

[Elijah Abrams]

Dang, I was expecting an announcement today regarding who the new CEO of Disney will be.

 

[clarker99]

$DIS made a bunch of reporting changes on the Entertainment side. Prob the largest change in many many years. It is a mess to decipher and compare certain things like Streaming and Linear vs. the past. Pretty much all my spreadsheets will need to be re-done. Yay.

 

[clarker99]

Disney Shares Fall Despite Streaming Growth

My guess for the stock price drop today... Disney did not provide forward looking guidance on diluted EPS, Entertainment Operating Income or Margin. Things are too muddy and they cannot predict with enough certainty. Wild.
https://investors.thewaltdisneycomp...nts/2026/Feb/02/Financial-Reconciliations.pdf

D+/Hulu: +15% Operating Income vs last yrs Q1
Rest of the Entertainment side: -55% in operating income vs last yrs Q1

I have not yet listened to the call to glean any other context.

 

[wabbott]

Discussing issue on CNBC at this time.

 

[BayTower2010]

Dang, I was expecting an announcement today regarding who the new CEO of Disney will be.

Cannot announce until after board meets and votes, which is supposed to happen later this week. Why they have not announced the exact date of the meeting smacks of paranoia. They may not want to announce until after a compensation/contract has been agreed on and signed (what if Josh insists that Bob turns in his keys to the executive office and gets the heck out of the building, after all the post Chapek relevations I know that is what I would insist)

 

[Cfabar1]

Cannot announce until after board meets and votes, which is supposed to happen later this week. Why they have not announced the exact date of the meeting smacks of paranoia. They may not want to announce until after a compensation/contract has been agreed on and signed (what if Josh insists that Bob turns in his keys to the executive office and gets the heck out of the building, after all the post Chapek relevations I know that is what I would insist)

Given what Bob Iger has come out saying, it is very likely that is a demand that is being made... I hope for their sake, whoever is the next CEO is given the keys to the kingdom...

 

[HokieRaven5]

Josh D’Amaro is the new CEO of The Walt Disney Company. Dana Walden to become Chief Creative Officer
https://thewaltdisneycompany.com/news/disney-ceo-announcement/

Dana Walden To Become President and Chief Creative Officer of The Walt Disney Company

The Walt Disney Company Board of Directors announced today that, in a unanimous vote held on Monday, it elected Disney Experiences Chairman Josh D’Amaro to become Chief Executive Officer of The Walt Disney Company, effective at the upcoming Annual Meeting on March 18, 2026, when he will succeed longtime Disney CEO Robert A. Iger. The Board also intends to appoint D’Amaro as a director immediately following that meeting. As head of the company’s largest business segment with $36 billion in annual revenue in FY2025 and 185,000 Cast Members and employees worldwide, D’Amaro, a 28-year Disney veteran, is the architect of the largest global expansion in Disney Experiences history, and has led the segment to new heights financially, creatively, and in guest satisfaction.

“Josh D’Amaro possesses that rare combination of inspiring leadership and innovation, a keen eye for strategic growth opportunities, and a deep passion for the Disney brand and its people – all of which make him the right person to take the helm as Disney’s next CEO,” said James Gorman, Chairman of The Walt Disney Company Board of Directors. “Throughout this search process, Josh has demonstrated a strong vision for the company’s future and a deep understanding of the creative spirit that makes Disney unique in an ever-changing marketplace. He has an outstanding record of business achievement, collaborating with some of the biggest names in entertainment to bring their stories to life in our parks, showcasing the power of combining Disney storytelling with cutting-edge technology. The Board believes he is exceptionally well prepared to guide this global company forward to serve our consumers around the world and create long-term value for shareholders.”

“Josh D’Amaro is an exceptional leader and the right person to become our next CEO,” said Robert A. Iger, CEO, The Walt Disney Company. “He has an instinctive appreciation of the Disney brand, and a deep understanding of what resonates with our audiences, paired with the rigor and attention to detail required to deliver some of our most ambitious projects. His ability to combine creativity with operational excellence is exemplary and I am thrilled for Josh and the company.”

Concurrent with D’Amaro’s appointment, Dana Walden, Co-Chairman of Disney Entertainment, has been named President and Chief Creative Officer of The Walt Disney Company, also effective March 18. As Co-Chairman of Disney Entertainment, Walden has led Disney’s world-renowned, award-winning entertainment media, news, and content businesses globally, including Disney’s streaming businesses. In this new role – a historic first for the enterprise – Walden will report directly to D’Amaro and will ensure that storytelling and creative expression across every audience touchpoint consistently reflect the brand, engage audiences at scale, and advance core business objectives, while driving enterprise-wide initiatives and translating vision into action.

“Dana Walden is an excellent leader who commands tremendous respect from the creative community,” continued Iger. “Given that creativity is at the heart of everything Disney does, she is a wonderful choice to serve in this new leadership role. In the years since Dana joined Disney, she has accumulated great knowledge about the many facets of our businesses and brands, and is very well prepared to be President and Chief Creative Officer.”

 

[Obi-J Kenobi]

https://finance.yahoo.com/news/disn...s-and-burdens-for-its-next-ceo-110020508.html

Iger's greatest gift? The Statute of Limitations to blame everything on Bob Chapek hasn't expired and for TWDC CEO it may never expire.

Good luck, Josh.

 

[OKW Lover]

Happy to hear that Josh will be the next CEO. Have met him a few times and he really "gets" what the brand is all about.

 

[Duckbug.Ducktales]

Maybe if D'Amaro is picked, Walden is elevated in title and compensation to keep her talents within the company; previous articles have suggested something like that. Then she might work even closer with the CEO? And help him with the Hollywood connections that he reportedly lacks.

Hey, seems like this was right! I'm glad they're making moves to keep Walden

 

[wabbott]

https://www.hollywoodreporter.com/b...ro-set-for-38-million-pay-package-1236493685/

New Disney CEO Josh D’Amaro Set For $38 Million Pay Package
Dana Walden, who takes on the role of president and chief creative officer, is set to receive a $24 million package.

by Caitlin Huston
February 3, 2026 - 6:35am PST

 

[RivShore]

and now the downgrades...

BofA Securities Adjusts Walt Disney Price Target to $125 From $140, Maintains Buy Rating

10:02:30 AM ET, 02/03/2026 - MT Newswires

10:02 AM EST, 02/03/2026 (MT Newswires) -- Walt Disney (DIS) has an average rating of overweight and mean price target of $131.85, according to analysts polled by FactSet.

 

[clarker99]

and now the downgrades...

You can't report 2 quarters of Entertainment profit declines and then leave Wall St in the dark on half your business's future. Lol.

Plus, the way they re-jigged reporting there is far less transparency on the Entertainment side. Everything is just lumped together vs breaking out Linear, Streaming and Studios. Not being able to see the underlying trends is gonna weigh on things especially if things are down.

As has been stated before, the slow ramp up of streaming profits is frustrating. Seems to be no urgency.

 

[mrjack5]

"Over the past decade, Disney's stock has risen a little under 9%. In that same period, the S&P 500 index SPX has grown over 250%. Disney's stock is also down 44% from its all-time high in early 2021. The share price has remained effectively flat since 2022."

https://www.marketwatch.com/story/who-is-josh-damaro-walt-disneys-new-chief-executive-11703c30