The Week Ahead: Disney, CVS, and Bristol-Myers Squibb to Report Earnings
Earnings season is beginning to slow, but we're watching for results on how the pandemic is affecting these names.
The coronavirus has become a catalyst for the evolution of the media industry. Walt Disney is one of the many entertainment firms transforming to the beat of the pandemic's drum. Disney+, along with the unique content on ESPN, the firm's 24-hour crown jewel, and the Disney Channel, provides Disney with a cushion during the crisis. Although its iconic theme parks and resorts have temporarily closed, this wide-moat firm profits from the highest affiliate fees per subscriber of any cable channel and generates revenue from advertisers interested in reaching adult males ages 18-49, a key demographic.
Carole Hodorowicz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.