There are few certainties in life, and one of them is that a trip to Walt Disney's (NYSE: DIS) theme park resort in Florida isn't cheap. The "Disney World is too expensive" chant is making the rounds again, after social media and now major news outlets are rebroadcasting a deceptive chart showing how daily admissions at Disney World have far outpaced wages, rent, and gas. It's true -- as a New York Post headline claims -- that a one-day ticket to Disney World has soared 3,871% since the Magic Kingdom first unlocked its turnstiles more than 50 years ago.
Since the merger of WarnerMedia and Discovery, the newly formed Warner Bros. Discovery (NASDAQ: WBD) has shifted its streaming strategy as it carves out its place in a crowded market. Here's why Warner Bros. Discovery is right to play to its strengths and differentiate HBO Max from Disney's (NYSE: DIS) flagship streaming service, Disney+. The rapid introduction of multiple streaming services since 2019 has meant that companies must offer unique services to stay competitive.
Shares of The Walt Disney Company (NYSE: DIS) are due for some volatility over the next week. The entertainment juggernaut will announce fiscal Q3 results after the market closes on Wednesday, Aug. 10, and expectations are muted heading into that report. Wall Street wasn't pleased to see that segment hemorrhage cash, even though subscriber growth remained strong.