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From Malone To MGM, Big Media s New Deal Talk Hints At A New Wave Of Consolidation

11:58am EDT| From Malone To MGM, Big Mediaâs New Deal Talk Hints At A New Wave Of Consolidation Share to Facebook Getty Images When the WarnerMedia-Discovery deal that was quietly negotiated in a Greenwich Village brownstone became public Monday, it stirred speculation about a wave of consolidation to come. It didnât take long for the next shoe to drop: Within hours, news accounts affirmed a Forbes report from January that Amazon, the Big Tech home of one of the worldâs leading streaming businesses, was in talks to acquire the storied movie studio MGM for as much as $9 billion.

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Walt Disney (DIS) Q2 2021 Earnings Call Transcript

Walt Disney (DIS) Q2 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Walt Disney (NYSE: DIS) Good day, and thank you for standing by. Welcome to the Walt Disney Company s second-quarter 2021 financial results conference call. [Operator instructions] Please be advised that today s conference is being recorded. I would now like to hand the conference over to your speaker today, Lowell Singer, senior vice president of investor relations. Please go ahead. Senior Vice President of Investor Relations Good afternoon, and welcome to The Walt Disney Company s second-quarter 2021 earnings call. Our press release was issued about 25 minutes ago and is available on our website at www.disney.com/investors. Today s call is also being webcast, and a transcript will be available on our website. We are once again hosting today s call remotely.

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Walt Disney Company (The) (NYSE:DIS) - Walt Disney Shares Pull Back After Q2 Earnings: What Do Analysts Think?

Share: On Thursday afternoon, Disney reported second-quarter EPS of 79 cents on revenue of $15.61 billion. Both numbers exceeded consensus analyst estimates of 27 cents and $15.87 billion, respectively. Revenue was down 13% from a year ago. Disney reported 103.6 million paid Disney+ streaming subscribers, well short of analyst expectations of 109 million. However, management reiterated its previous guidance of between 230 million and 260 million Disney+ subscribers by 2024. Average monthly revenue per user dropped 29% to $3.99 in the quarter, which Disney attributed to the launch of Disney+ Hotstar. Disney said it now had 159 million total direct-to-consumer subscribers, which includes ESPN+ and Hulu. Long-Term Subscriber Growth: CFRA analyst Tuna Amobi said the subscriber miss was likely driven by pull-forward effects of the pandemic in 2020, and Disney still appears on track to hit its longer-term subscriber goals.

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(VIAC) - ViacomCBS Strong Earnings Offset By High Investments, Analyst Says

(VIAC) - ViacomCBS Strong Earnings Offset By High Investments, Analyst Says
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Warner Music Group Corp (WMG) Q2 2021 Earnings Call Transcript

Warner Music Group Corp. (WMG) Q2 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Warner Music Group Corp. (NASDAQ: WMG) Q2 2021 Earnings Call Welcome to Warner Music Group s second-quarter earnings call for the period ended March 31, 2021. At the request of Warner Music Group, today s call is being recorded for replay purposes, and if you object, you may disconnect at any time. Now, I would like to turn today s call over to your host, Mr. Kareem Chin, head of investor relations. You may begin. Head of Investor Relations Good morning, everyone. Welcome to Warner Music Group s fiscal second-quarter earnings conference call. Please note that our earnings press release, earnings snapshot, and the Form 10-Q we filed this afternoon will be available on our website. On today s call, we have our CEO, Steve Cooper; and our CFO, Eric Levin, who will take you through our results, and then we will

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