Friday, Dec 11th 2020

Disney surges on streaming success


Disney surged +14% on Friday morning on the heels of an investor day that showed a booming streaming business.

Disney+ subscribers are now reportedly now at 86.8 million, or up +19% from just two months ago.

Meanwhile, the company unveiled new ambitions to hit 300 to 350 million paid subscriptions in 2024 across all of its streaming services (which include Hulu and ESPN+).

To drive that growth, the company will be investing heavily in original content, and plans to launch over 100 original titles every year.

We're optimistic on this approach, and see the new targets as signposts that Disney has doubled down on its franchise-driven DTC strategy that has so far blown past even the most optimistic of expectations.

The company also announced a $1 price increase for Disney+ to begin early next year, which would bring its lowest subscription price to $8 - still significantly beneath Netflix's starting subscription price of $14.

We believe this reflects the latent pricing power inherent in Disney+, which we believe should only grow as it expands its slate of original content franchises.

As of this writing, DIS was a portfolio holding of Titan. This security may cease to be a portfolio holding at some point in the future.
Back to Research ↗

Learn with titan

Investment articles and resources

Become the smartest investor you've ever been through straightforward, easy-to-read investment articles.

What Is a Rate of Return?

What Is a Stock Market Bubble?

Understanding the Different Types of Cryptocurrency

What Is Asset Allocation? Definition & Examples

Let's Get Started

Ready to become a client?

Create an account with us in two minutes.

Or scan to get the app

We're building the best investment platform, ever

Titan Global Capital Management USA, Inc ("Titan") is an investment adviser registered with the Securities and Exchange Commission (“SEC”). By using this website, you accept our Terms of Use and Privacy Policy. Titan’s investment advisory services are available only to residents of the United States in jurisdictions where Titan is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance. Account holdings are for illustrative purposes only and are not investment recommendations. The content on this website is for informational purposes only and does not constitute a comprehensive description of Titan’s investment advisory services.

Refer to Titan's Program Brochure for more information. Certain investments are not suitable for all investors. Before investing, consider your investment objectives and Titan’s fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. The introducing Broker Dealer is Titan Global Technologies LLC, a registered broker-dealer and member FINRA/SIPC. Brokerage services are provided to Titan Clients by Apex Clearing, an SEC registered broker-dealer and member FINRA/SIPC. For more information, see our disclosures. Contact: 508 LaGuardia Place NY, NY 10012. Information provided by Titan Support is for informational and general educational purposes only and is not investment or financial advice.

© Copyright 2022 Titan Global Capital Management, Inc. All Rights Reserved.