DIS Shareholders and Stock Info ONLY

[RivShore]

Overpaying (in my opinion) for TCF was the key value destroyer there in my view, although they were faced with a tough set of options given the decline of linear TV. In 5-10 years that analysis might change if they are able to use those assets plus Hulu to drive a Netflix sized streaming operation.

I think it will prove to be an important and profitable buy for Disney. Just think about what would have happened if they didn't buy it back then - they would have been in a worse bidding war and would have ended up overpaying for WB, or whoever else came on the market. (Can't find it now, but I think there was a recent article posted here that made the argument that the Fox buy had paid for itself already.)

 

[clarker99]

My meaningless take is that Disney is using the linear side to subsidize the transition to streaming. It obv is not a popular decision with investors and Disney seems to be okay slow playing things. I am guessing Disney investor relations is very busy fielding questions and hearing all the opinions on the topic.

I think we need to look at Disney's streaming path and compare it to Netflix, who started a dozen years before Disney. Is there a realistic path to fully replace linear? It feels unlikely but a one point it never seemed like Netflix was gonna be profitable let alone drive $12B in operating income per year.