Should I Buy Disney Stock 2017 Here

: Disney announced it would end its distribution agreement with Netflix to keep its blockbuster content for its own platform, a bold move that initially worried some investors but set the stage for long-term control. Verdict for 2017 Investors

: Total revenue declined slightly by 1% to $55.1 billion . Net Income : Reported at $8.98 billion for the fiscal year.

: Concerns centered on the "cord-cutting" trend destroying the profitability of the Media Networks segment faster than streaming could scale. Google's Finance Data should i buy disney stock 2017

: Disney acquired a majority stake in BAMTech LLC for $1.58 billion to provide the technology for its upcoming streaming services.

Disney's fiscal 2017 was characterized by stability but lacked significant growth as the company invested heavily in its next phase. : Disney announced it would end its distribution

: The company officially announced plans for two direct-to-consumer services: an ESPN-branded service (later ESPN+ ) for 2018 and a Disney-branded service (later Disney+ ) for 2019.

: Revenue fell 1% to $23.5 billion, while operating income dropped 11%. High programming costs at ESPN (notably a new NBA contract) and a decline in cable subscribers were primary headwinds. : Concerns centered on the "cord-cutting" trend destroying

In 2017, The Walt Disney Company (DIS) was at a critical crossroads, transitioning from traditional cable dominance toward a future in direct-to-consumer streaming. For investors at the time, the decision to buy hinged on whether Disney's massive content library could offset the accelerating decline of its "cash cow," ESPN and linear television. Financial Performance Overview