Disney (DIS, $184.09) to release its remaining films for 2021 exclusively in theaters
Disney said that it will release its remaining films for 2021 exclusively in theaters for a minimum of 45 days, except for "Encanto" ( Encanto will stream on Disney+ after 30 days).
The media/entertainment behemoth said that it would release five films for minimum 45-day exclusive theatrical runs, including filmmaker Ridley Scott's "The Last Duel" to be released on Oct. 15, animated film "Ron's Gone Wrong" on Oct. 22, and Marvel Studio's "Eternals" on Nov. 5.
"Following the tremendous box office success of our summer films, which included five of the top eight domestic releases of the year, we are excited to update our theatrical plans for the remainder of 2021," Kareem Daniel, chairman of Disney Media & Entertainment Distribution, mentioned in a statement.
"As confidence in moviegoing continues to improve, we look forward to entertaining audiences in theaters, while maintaining the flexibility to give our Disney+ subscribers the gift of 'Encanto' this holiday season," Daniel said.
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Notable companies
The most notable companies in this group are Netflix (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Roku (NASDAQ:ROKU), Paramount Global (NASDAQ:PARA), iQIYI (NASDAQ:IQ), HUYA (NYSE:HUYA), AMC Entertainment Holdings (NYSE:AMC).
Industry description
Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.
Market Cap
The average market capitalization across the Movies/Entertainment Industry is 9.41B. The market cap for tickers in the group ranges from 134 to 262.83B. NFLX holds the highest valuation in this group at 262.83B. The lowest valued company is LRDG at 134.
High and low price notable news
The average weekly price growth across all stocks in the Movies/Entertainment Industry was 3%. For the same Industry, the average monthly price growth was 9%, and the average quarterly price growth was 9%. LDSN experienced the highest price growth at 380%, while NETWF experienced the biggest fall at -28%.
Volume
The average weekly volume growth across all stocks in the Movies/Entertainment Industry was -11%. For the same stocks of the Industry, the average monthly volume growth was -14% and the average quarterly volume growth was 58%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 52
P/E Growth Rating: 61
Price Growth Rating: 56
SMR Rating: 82
Profit Risk Rating: 86
Seasonality Score: 0 (-100 ... +100)