New magic at Walt Disney

Media giant Disney is a top-class value stock. Now a move into streaming will fuel growth.

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Theme parks with Star Wars attractions should prove popular
(Image credit: 2015 Handout)

Walt Disney (NYSE: DIS) is embarking on a pivotal year. It has just completed its $71bn takeover of 21st Century Fox. It expects more box-office blockbusters, while the first-ever Star Wars theme park attractions should draw big crowds. Most importantly, it will make a big push into streaming: delivering entertainment ("content") to computers and televisions directly over the internet, thus challenging the likes of Netflix.

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Investment columnist

Stephen Connolly is the managing director of consultancy Plain Money. He has worked in investment banking and asset management for over 30 years and writes on business and finance topics.