Michael Morris Latest Celebrity News & Gossip

Leo Barraclough Senior International CorrespondentOscar-nominee John Hawkes and Oscar-winner Allison Janney have come on board for roles in the real-life-inspired feature “To Leslie.” The actors join previously announced lead Andrea Riseborough. Mister Smith Entertainment is handling international sales and will introduce the project this month at virtual Cannes.

Guggenheim Securities analyst Michael Morris on Monday said that media and entertainment stocks are in for gains in the coming weeks, citing "multiple positive milestones." On May 20, Morrishad expressed "concern that a stubborn investor focus on secular media headwinds (cord cutting, declining live ratings) under-appreciated the potential for cyclical-trend driven share appreciation in the near term." In his Monday report, he acknowledged that the media stocks he covers have since then

Guggenheim Securities analyst Michael Morris on Monday raised his subscriber forecast for Walt Disney streaming service Disney+ "to reflect the company's announcement of 50 million global Disney+ subscribers as of April 8." He lowered his near-term financial estimates for Disney amid the coronavirus pandemic, but raised his 12-month stock price target from $100 to $108 "reflecting higher long-term estimates at Disney+." Morris now projects thatDisney+, whose original series include The

By Jill Goldsmith

Guggenheim Securities analyst Michael Morris on Thursday upgraded his rating on Fox Corp.'s stock from "neutral" to "buy" and downgraded Walt Disney from "buy" to "neutral" in a report that updated his financial forecasts for entertainment industry companies "to better reflect the impact of COVID-19 behavioral changes on revenue drivers and additional diligence on key cost considerations." He highlighted that Fox's primary immediate risk was from advertising exposure, estimating that about 43

The Walt Disney Co., led by chairman and CEO Bob Iger, on Wednesday earned Wall Street praise for the early momentum of its Disney+ streaming service as reported in its latest quarterly earnings after the Tuesday market close.Michael Morris, analyst at Guggenheim Securities, in a report titled "Disney+ Leaps Over High Bar, Bolstering Confidence in Strategic Pivot," raised his Disney stock price target by $9 to $160."Much anticipated Disney+ subscriber sign-ups exceeded our 25 million year-end

Netflix continues to say it has no strategic interest at all in launching a version of its streaming service that includes ads — and would rather avoid the privacy pitfalls of collecting consumer data.

By Dade Hayes

Netflix plans to keep revving up its movie slate in the coming year, although the volume of new releases will grow at a steadier pace following the ramp-up of the past 18 months, Netflix executives told investors Tuesday in discussing the company’s Q4 2019 earnings.