1. Welcome to the WDWMAGIC.COM Forums!
    Please take a look around, and feel free to sign up and join the community.You can use your Twitter or Facebook account to sign up, or register directly.

Bob Iger on CNBC ...

Discussion in 'Disney Co News & Discussion' started by WDW1974, Feb 6, 2012.

  1. WDW1974

    WDW1974 Well-Known Member

    Joined:
    Mar 30, 2008
    Messages:
    15,771
    Likes Received:
    54,099
    Just a heads up, but the Weatherman will be on CNBC very soon to preview Disney's quarterly earnings. Should be bland.

    And, no, no E-Ticket announcements for WDW.:ROFLOL:

    CORRECTION: someone in the office either misheard or the CNBC folks weren't clear ... Iger will be on tomorrow apparently!
    Will update as I hear.
     
  2. UnrealFire

    UnrealFire New Member

    Joined:
    Nov 26, 2009
    Messages:
    104
    Likes Received:
    1
    Probably won't provide any new information since their earnings release isn't until tomorrow.
     
  3. HMF

    HMF Well-Known Member

    Joined:
    Jun 17, 2008
    Messages:
    4,653
    Likes Received:
    2,380
    Bob Iger is always bland as hell. Say what you will about Michael Eisner but at least he had charisma
     
  4. disney fan 13

    disney fan 13 Well-Known Member

    Joined:
    Jan 17, 2011
    Messages:
    1,869
    Likes Received:
    726
    what time?
     
  5. wdwmagic

    wdwmagic Administrator Moderator

    Joined:
    Jun 4, 2001
    Messages:
    36,059
    Media:
    10
    Albums:
    1
    Likes Received:
    18,877
    Thanks for the heads up
     
  6. DisneyInsider

    DisneyInsider Premium Member

    Joined:
    Sep 21, 2001
    Messages:
    15,614
    Likes Received:
    8,174
    He is going to be on in a few minutes. They are discussing the earnings right now.
     
  7. WDW1974

    WDW1974 Well-Known Member Original Poster

    Joined:
    Mar 30, 2008
    Messages:
    15,771
    Likes Received:
    54,099
    Funny how Iger refers to the results based on the strength and quality of the BRAND.

    Just a few years ago, Disney would have touted the strength and quality of its PRODUCT.

    Have to digest the numbers, but they seem like what was expected ... and typically strong based largely on ESPN and Disney Channel ... getting him to say anything positive about ABC was like pulling teeth.

    And still haven't heard him mention WDW ... although apparently they are saying Guest spend was up at P&R, but I'm not sure what metrics were being used there.

    Naturally, he plugged the Avengers, which I have zero interest in.

    The thing to take from this for P&R lovers is that SIXTY percent of operating revenue comes from broadcast networks (mostly ESPN) ... that is dependent on many outside factors (imagine if the NBA season didn't happen!)
     
  8. WDW1974

    WDW1974 Well-Known Member Original Poster

    Joined:
    Mar 30, 2008
    Messages:
    15,771
    Likes Received:
    54,099
    I doubt anyone is paying attention ... they are busy giving free consulting work to Disney on the latest never-ending FP thread! :rolleyes:
     
  9. DisneyInsider

    DisneyInsider Premium Member

    Joined:
    Sep 21, 2001
    Messages:
    15,614
    Likes Received:
    8,174
    Ha yeah. The pencil pushing (nearly) MBA in me sometimes has CNBC on in the background. My roommate says that what I'm watching sounds boring...

    I believe the number thrown out for P&R was that operating revenue was up 18% in the quarter which is a pretty insane number. It also sounded like DCL (or just the fantasy) is 75% booked for the upcoming year even with them raising capacity nearly 40%.
     
  10. wdwmagic

    wdwmagic Administrator Moderator

    Joined:
    Jun 4, 2001
    Messages:
    36,059
    Media:
    10
    Albums:
    1
    Likes Received:
    18,877
    Remember the absolute slaughtering the Disney execs (Iger in partcular) took from Roy Disney during the SaveDisney years at the shareholders meeting for calling Disney a brand. I believe Roy said something along the lines of a brand is something that goes on cattle. Disney is not a brand.
     
  11. WDW1974

    WDW1974 Well-Known Member Original Poster

    Joined:
    Mar 30, 2008
    Messages:
    15,771
    Likes Received:
    54,099
    I watch CNBC pretty much daily, but it can be scary.

    It is total propaganda for Wall Street and big business. They don't care about how Americans are doing, just corporations!


    The margins are certainly improving for P&R, although how they got there is more interesting. And we know the Christmas season is always strong and this year Disney had a new huge cruise ship and new resort in Hawaii to help as well but ... The driver for Disney right now (and for years now) is ESPN. That is where the action is.

    And, yeah, Iger did say that ... but he also admitted that the Costa disaster was having some affect on bookings for DCL.

    BTW, Disney is apparently down one percent in after hours trading, which shows you how tough it is to please Wall Street.
     
  12. WDW1974

    WDW1974 Well-Known Member Original Poster

    Joined:
    Mar 30, 2008
    Messages:
    15,771
    Likes Received:
    54,099
    Yep ... I thought that was a great comment by Roy. Eisner would sometimes refer to Disney as a brand in his later years and Iger just took it and ran with it ... if you want to be something special and unique (in other words, something Disney always was) you don't paint yourself as simply another BRAND on the shelf.

    I don't get why Disney's 'intelligent' team in Burbank didn't years ago say 'we can't refer to ourselves as a BRAND, we have to place ourselves as something more' ... but Disney isn't paying me a seven figure consulting check ... those go to folks like Shell Holtz and Tom Kelly ... folks that break the product.

    ~New Coke for all!~
     
  13. CBOMB

    CBOMB Active Member

    Joined:
    Sep 29, 2006
    Messages:
    978
    Likes Received:
    81
    It's a shame that presently no one of any importance within the corporate structure of Disney shares Roy Disney's sentiment anymore.
     
  14. CountryBearFan

    CountryBearFan Active Member

    Joined:
    Jun 30, 2011
    Messages:
    368
    Likes Received:
    37
    Nuh-uh-uh. No jumping to conclusions.

    Don't pick little things apart. Choices of words don't always mean things, so please stop reading into them.
     
  15. wm49rs

    wm49rs A naughty bit o' crumpet Premium Member

    Joined:
    Nov 7, 2006
    Messages:
    16,946
    Likes Received:
    13,193
    Actually, at his level, the choice of words someone like Bob Iger makes is both important and meaningful. He is, after all, speaking for an entire corporation.
     
  16. jt04

    jt04 Well-Known Member

    Joined:
    Jul 27, 2004
    Messages:
    15,353
    Likes Received:
    1,889
    This made me chuckle.
     

Share This Page