Disney got a lowered earnings outlook from a J.P. Morgan analyst, on costs related to streaming and integration of the Fox assets that it acquired this year.  Analyst Alexia Quadrani reduced her fourth-quarter earnings estimate to 95 cents a share from $1.05, and also cut her fiscal 2020 estimate to $5.50 from $6.30 on the entertainment company's shares. However, Quadrani affirmed her overweight rating on the stock.Her December 2020 price target of $150 is the same as the firm's December 2019 price target.  Disney’s substantial spending on its new video streaming platform Disney+, coupled with costs involved in integrating Fox entertainment assets have put the stock at a vulnerable place in the near-term, according to J.P. Morgan.

 But the buy rating was re-iterated. As factors behind his decision, analyst Brian White cited a macro environment that has weakened since Netflix last provided guidance, and more details last month from Apple about its launch plans for Apple TV+. Also, Piper Jaffray analysts on Tuesday revealed results from a survey of 9,500 high school students, that indicated Netflix (35% of the teens polled) falling behind YouTube (37%).However, analyst Michael Olsen, re-iterated an overweight rating on the company, and said he believes Netflix continues to maintain "strong teen mind share".  Among streaming services, teens are preferring Netflix over others, Piper Jaffray found.

HUYA Inc. (NYSE: HUYA) operates an internet gaming platform in China.The company has been doing well in recent years and the stock has been trending higher. We see on the daily chart that the stock hit a low in early December and then jumped sharply higher before pulling back again.

It said that it missed forecasts in mostly those regions that saw price increases in subscription plans However, the company’s earnings for the quarter came in at 60 cents per share - which is 4 cents ahead of the Street consensus expectations.Total revenues rose +26% to $4.923 billion,  largely in-line with analysts' forecasts. Looking ahead, Netflix said that it expects revenues of $5.25 billion for the third quarter, with global streaming paid additions of 7 million.

The company offers online entertainment via its internet platform and the selections include professionally licensed and produced material as well as self-produced content.It is a subsidiary of Baidu Holdings and is based in Beijing. The stock has not been performing very well over the last few months and has been trending lower.

Shares of Disney slid -1.6% Monday, following a rating downgrade by Imperial Capital.  In November, Imperial analyst David Miller assigned an outperform rating on Disney.Its shares have rallied around +26% since then. And now, analysts at Imperial Capital have lowered their rating on the mass media/entertainment giant's stock to in-line from outperform, as they now feel that its valuation could have gotten too expensive.

Media giant Viacom (Nasdaq: VIAB) has seen its stock rally in the last couple of weeks, but if you look at a long-term chart of the stock you will see that the stock has been in a downward trend.The rally in the last few weeks has brought the stock up to the downward sloped trend line. On the daily chart, the daily stochastic readings had reached overbought territory in the last few days, but the indicators made a bearish crossover on June 7. The Tickeron Trend Prediction Engine generated a bearish signal for Viacom on June 6 and the signal showed a confidence level of 69%.

Netflix shares climbed more than +3% in early trading Tuesday, following a rating upgrade by Loop Capital Markets. Loop analysts raised their rating on Netflix stock to buy from hold,  as they believe the company to be a clear leader in the online video streaming industry.Analyst Alan Gould also mentioned that Netflix’s margins could potentially expand as the company seems to be increasingly engaged in all three aspects - content production, distribution and retail. Loop’s price target for Netflix shares is $425 – which represents a +26% upside from the stock's Monday closing price of $336.63.

Walt Disney Co Chief Executive Bob Iger told Reuters on Wednesday it would be “very difficult” for the media company to keep filming in Georgia if a new abortion law takes effect because many people will not want to work in the U.S. state.

Roku shares jumped around +4% Wednesday, following an increase in price target from Needham analyst Laura Martin. Martin raised her price target to $120 from $85 – reflecting a +28% upside from the stock's current level. She reiterated her Buy rating on the stock. Roku sells digital media players that allow customers to access Internet streamed video.

One of the most impressive metrics from Roku's (NASDAQ:ROKU) first-quarter earnings report was that it accelerated viewing hours for a fifth straight quarter.That said, growth in viewing hours doesn't amount to much if Roku can't convince advertisers to shift their ad budgets to the streaming video platform.

Disney is set to take over Comcast’s stake in Hulu in five years. According to a press release, Comcast would sell its holding in the video streaming company at a total valuation of either $27.5 billion, or at whatever value Hulu is assessed to be worth in five years.Disney and Comcast will share the funding in a two-thirds/one-third ratio. There are around 26.8 million paid subscribers (in addition to 1.3 million on a free-trial basis) on Hulu, having increased from around 25 million last year. Disney is also set to launch its own video streaming platform Disney+ this year.

Since the early 1990s when Hollywood began translating video games into movies, something always seemed to get lost in the change of medium.The film adapted from the Pokemon video game is based on Tim Goodman’s attempts to find his missing father with the help of Detective Pikachu, a wisecracking Pokemon in a city where humans and Pokemons co-exist. According to 350 user ratings on Rotten Tomatoes, the film has captured 87% of the audience’s imagination but still hasn’t managed to escape the biggest criticism of film adaptations of video games: that it is less fun to watch than to play. To date, ‘Transformers’ and ‘Resident Evil’ are the only two video game adaptations to create box office legacy.

News Corp. surprised analysts with unexpected net positive earnings for the latest quarter. The company raked in adjusted earnings of 4 cents per share, while analysts’ had expected just a break-even.Its revenue climbed +17% year-over-year to $2.46 billion, missing analysts’ estimates of $2.51 billion . CEO Robert Thomson highlighted the growth in the media company’s digital subscriptions, surge in its digital audio book sales and expansion of the company’s digital real estate businesses as key factors behind the quarter’s strength. News Corp. shares jumped almost +4% Friday.

Disney said it recorded a one-time gain of $4.9 billion as a result of re-measuring its initial 30% stake to fair value. Other key highlights of the quarter include a 15% increase in direct-to-consumer and international segment revenue to $955 million, but the quarter also saw its segment operating loss jump from $188 million to $393 million.The latter was due to Disney’s ongoing investment in ESPN+, launching expenses of Disney+ coupled with loss from the consolidation of Hulu and higher losses from streaming technology services. According to Disney's chairman and CEO, Robert Iger, the company is thrilled with the record-breaking success of ‘Avengers: Endgame’ and the film will be streamed exclusively on Disney+ starting December 11th.

Revenue grew +3% year-over-year. Disney completed its $71 billion acquisition of 21st Century Fox's entertainment assets during the second quarter.Its books included $373 million in revenue and $25 million in operating income from 11 days' ownership of Fox assets. Disney's direct-to-consumer segment surged +15% from the same quarter of prior year.

  Looking ahead, the company expects Q2 revenue to range between $220 million and $225 million – which is higher than the $218 million expected by analysts.Roku boosted its full-year guidance range to $1.03 billion to $1.05 billion (implies 40% growth at the midpoint), from the earlier forecast of $1 billion to $1.025 billion.

AMC Entertainment Holdings shares fell -6.3% Thursday, after the movie theatre chain reported wider-than-expected loss for the first-quarter. The company incurred a net loss of -$1.25 a share for the quarter, which is worse than the -55 cents loss a share that Wall Street analysts had expected.The U.S. industry box office plunged -16.2% to $2.4 billion in the first quarter, with a -14.8% decline in attendance, which AMC indicated as headwinds. AMC's revenue came in at $1.2 billion, missing the Street estimates of $1.19 billion.

Disney reported fiscal Q2 results that beat consensus expectations, but losses widened in its direct-to-consumer segment as the company continues to invests to become a leader in the streaming space. The Mouse House posted adjusted earnings of $1.61 per share on revenue of $14.92 billion.In the year-ago quarter, Disney posted adjusted earnings of $1.84 per share on revenue of $14.55 billion.

Walt Disney announced Tuesday that it will push back the release of science-fiction sequel “Avatar 2” by a year, to December 2021, and it will debut new “Star Wars” films in 2022, 2024 and 2026. Read More...