With the news of Disney+ launching in SG in 2021 Q1, the stream of Marvel/Star Wars/Pixar/Fox content, and Fox properties bought two years ago, what are your views on Disney stock?

Cathie Wood recently bought up Walt disney ( DIS) in her ARKW etf. Just saying.

Hi anon, I'm positive about Disney and Disney+ over the long-term.

In Disney’s FY2020 earnings release, Disney’s chief executive Bob Chapek said that its direct-to-consumer business (in which Disney+ is under) is “key to the future of our company”.

Disney+ was launched in November 2019 in the US and four other countries, and the service has now expanded to many other nations, including Singapore.

The streaming business is so popular that its subscriber count is already well ahead of Disney’s internal target of 60 million to 90 million subscribers by 2024. As of 2 December 2020, it had 86.8 million Disney+ subscribers.

They have so many intellectual properties that they can monetize, especially with the Fox acquisition. One recent example is the 4 May launch of "Maggie Simpson in The Force Awakens From Its Nap", a crossover short film between Star Wars (owned by Disney) and The Simpsons (owned by Fox previously).