Disney’s dividend boost and YouTube TV fight

Disney just dropped mixed results: earnings beat, revenue slightly missed, streaming and parks looked strong, and they announced a 50% dividend increase plus a plan to double buybacks to 7 billion dollars for 2026. At the same time, the stock sold off as investors focused on weak TV and film and an ongoing blackout fight with YouTube TV.

WHAT HAPPENED

Disney’s streaming and parks businesses drove a profit beat, but legacy TV and the film studio dragged on results and kept revenue flat. The company is sweetening the story with more cash to shareholders, but also warning that its dispute with YouTube TV could last, underscoring pressure on the old pay TV model.

WINNERS

Diversified media with parks and streaming

Names: $DIS, $CMCSA

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