The playoffs could at least be a pal to the media ETF, at least ABC parent Disney (DIS) is 5% of the PowerShares Dynamic Media Report (PBS). It’s down 5.1% year-to-date.
Disney should also get a lift from its announcement that it will begin streaming full-length movies on its website for free, reports Alex Woodson for the Hollywood Reporter. Movies such as "Finding Nemo," "Monsters, Inc." and "Freaky Friday" will stream through August at this address.
There isn’t much that’s free these days, so enjoy it while it lasts!
