NEW YORK, February 7 (FinanceEnquiry.com) - Analyst Tuna Amobi of S&P Capital IQ reiterates his STRONG BUY rating on the shares of Walt Disney (NYSE: DIS).

In a research note published this morning, the analyst mentions that according to an unconfirmed WSJ report, Walt Disney is likely to have been mulling English language cable news net in a joint venture with Univision, a Spanish broadcaster. The JV is likely to debut before the fall 2012 elections. The analyst believes that the deal would be an attractive proposition for Walt Disney, given the apparent motivation of capitalizing on the changing demographics of English speaking US Hispanics. The analyst, however, expects potential hurdles from entrenched players, such as Time Warner's (TWX 38, Buy) CNN, News Corp.'s (NWSA 20, Buy) Fox News, and Comcast's (CMCSA 27, Buy) MSNBC. Such prior attempts are yet to materialize, the analyst adds.