Are Investors Underestimating Walt Disney Co.'s Studio Business?
"Marvel's next wave is just beginning," wrote Vanity Fair writer Joanna Robinson in the magazine's cover story for its holiday 2017 issue. Robinson was paraphrasing Walt Disney (NYSE: DIS) CEO Bob Iger, who noted that the company has rights to 7,000 characters. With another 20 movies already mapped out that are "completely different from anything that's come before," according to film producer and president of Marvel Studios Kevin Feige, the franchise's unblemished track record should have investors betting the next phase of films will impress.
Of course, Walt Disney's studio entertainment business is far more than Marvel. Disney also owns Lucasfilm, Pixar, and its own Disney-branded content. And based on the ongoing success of these other film studios, particularly Lucasfim's Star Wars franchise as of late, investors should be giving significant consideration to Disney's studio business.
Chris Hemsworth as Thor in Thor: Ragnarok. Image source: Walt Disney.
Source: Fool.com
Walt Disney Co. Stock
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