3 dates for Disney stock investors in October
September is almost over, but it’s easy to see why Walt disney (NYSE: DIS) looking forward to the new month. October is going to be huge for the House of the Mouse, especially for its suddenly resilient theme park business.
Disney is never boring. Let’s take a closer look at some of the dates investors will want to watch out for when it comes to the family entertainment giant.
Die-hard theme park fans are converging in central Florida this week. Disney World’s Magic Kingdom turns 50 on Friday, and with it, the media mogul is throwing an 18-month-long party at his massive resort, complete with new rides, shows and – finally – prizes.
Disney just gave its annual passes a huge makeover, an initiative to optimize per capita spending by limiting the times less lucrative pass holders can visit. It also makes its old FastPass accelerated queues a premium experience that customers will have to pay daily to access.
The heart of the Friday celebration will be at the Magic Kingdom, with a new fireworks display in the evening. Disney’s Epcot Park will prove to be popular as well, launching a new nighttime show itself, as well as the official opening of the Remy’s Ratatouille Adventure ride.
It’s also the start of Disney’s 2022 fiscal year. If Disney World’s strategic adjustments prove to be more popular than controversial, it could be the start of a record year for the media stock baron.
These are tough times for ABC. It is difficult for traditional media networks to compete with the most advanced premium streaming services. The ratings of Disney’s ABC and other historic broadcasters have taken a hit over the years, but one of the highest ratings on ABC’s weekly charts has been the current season of The single person Where The bachelorette.
The new season of The bachelorette premieres October 19, moving Monday through Tuesday evenings. It’s usually hard to get excited about an ABC show these days, but with advertisers comfortable spending it again in 2021, the return of a popular content franchise is clearly a welcome sign.
There aren’t many obvious cinematic blockbusters coming out of Disney in October. November will bring us Marvel Eternals, the sixth installment of the Alone at home franchise and animation Encanto. However, a dark horse movie to watch in October is Ron has gone wrong.
Disney inherited a catalog of upcoming releases as part of its purchase of key assets from the Twenty-First Century Fox, and that’s how Ron has gone wrong found itself in its catalog. The animated feature takes place in the future, where children have personal robots as companions. The protagonist – Barney – gets a bot named Ron, which turns out to be very different from everyone else.
Disney is the undisputed best dog in theatrical animation. Between its iconic eponymous studio and the acquisition of Pixar, it is home to some of the greatest animated films in history. Like the namesake B-Bot himself in Ron has gone wrong, this movie will be different from all the others.
This is Locksmith Animation’s first film. If the film is a success, there is no better company than Disney to capitalize on television, theme parks, and consumer merchandising.
If he fails to draw the crowds to the local multiplexes, no worries. November has this list of big releases.
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