$Walt Disney(DIS)$
The rest of the company though is a hot mess. Streaming is literally cannibalizing what used to be monies from cable, monies from licensing, and monies from movies. If you look at their pipeline in this area it is also down. And the streaming part of the company is basically only breaking even. Not sure they can continue to grow it enough for the economics to work out. I think at the end of the day it might prove to be an expensive way of distributing content.
Now they will say earnings (adjusted) were up pretty good overall. I think it was like 20%. The reason for the poor GAAP earnings was a goodwill right off. Which brings up another point. Tangible book value is like half of GAAP book value. Actually I think it is well less than half. Point is book value is a non factor here.
This is now a sloooooow growth company. It is overvalued. Should be an $80 PE = 15ish stock.
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