S&P Capital IQ Reiterates its STRONG BUY Rating on Walt Disney

October 15 00:00 2011

NEW YORK, October 15 (RainbowNewsLine.com) – Analyst Tuna Amobi of S&P Capital IQ reiterates her STRONG BUY rating on the shares of Walt Disney Co (NYSE: DIS).

Analyst Tuna Amobi, in a research note published yesterday, mentions that Hulu’s withdrawal from inauspicious auction underscores the fast changing dynamics of online video market place. Apart from possible valuation divergences, this move denotes the uneasiness of News Corp’s Fox and Caomcast’s NBC to give away some control over critical decisions on top tier content to competing acquirers, compromise leverage with OVD players like Netflix and cannibalize pay TV subscription, the analyst adds.