brb1006
Well-Known Member
But I don't want to watch any of their boring Live-Action Teen shows.
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Disney Posts Mixed Earnings $1.58/share on Rev of $14.24B
- Thread starter Chef Mickey
- Start date
EricsBiscuit
Well-Known Member
This is good news for parks fans. Hopefully TWDC spins off ESPN and ABC and uses the money to shore up the parks and movies segments. Never gonna happen but whatever. Anyway, they said that they will invest lots of money on original content for the new streaming application. Hopefully they see the light and invest more in the parks!
willtravel
Well-Known Member
I am not happy with Netflix, even with Disney agreement. I would rather they had kept Paramount contract. I personally don't care for Netflix solely produced content and everything else shown are old tv shows and movies I can see on cable or never heard of or want to watch. Looking to leave Netflix by years end (gotta watch ending of Longmire).
SoManyWasps
Well-Known Member
ABC and ESPN aren't going anywhere. Ratings and revenue have been on a steady downward trend, but advertisers have been reticent to embrace digital content in the ways a lot of forecasters were predicting they would, and that bodes well for the networks. ABC and ESPN are so going to have very important roles in the Disney family over the next few years, though not as the important as they were in the 90s.
Laketravis
Well-Known Member
I sure hope their planned ESPN branded streaming service performs better than WDW's web site.
Disney CFO Christine M. McCarthy: "Our management team at the parks is committed to increasing margin."
LOL!!
How about being committed to providing amazing experiences for guests? I know she was responding to a question, but wow.
LOL!!
How about being committed to providing amazing experiences for guests? I know she was responding to a question, but wow.
ford91exploder
Resident Curmudgeon
Q3 FY17 earnings: Investors expecting $1.55/share (beat) and $14.43b revenue (miss).
Stock moving down around 3% after hours to ~$103/share.
- Along with earnings, Walt Disney has announced it will take majority control of BAMTech
- Disney will launch an ESPN-branded multi-sport streaming service early next year, along with a Disney-branded direct-to-consumer service in 2019.
- It will pull its movies from Netflix (NASDAQ:NFLX).
https://seekingalpha.com/news/3286989-disney-taking-bamtech-launch-espn-disney-streaming-services
2019 WHATINTHEHELL is Bob smoking he needs a streaming platform immediately if not sooner!!!!
Laketravis
Well-Known Member
Well, that statement will certainly give me a warm fuzzy every time I walk into the parks
Andrew C
You know what's funny?
What was the question? She is also the CFO...lol
But..committed to increasing margin and committed to providing amazing experiences don't have to be mutually exclusive.
Just know they are committed to finding ways to get you to spend more money.Well, that statement will certainly give me a warm fuzzy every time I walk into the parks
Laketravis
Well-Known Member
The analyst basically asked if the continuation of margin expansion at the parks defying gravity will ever come to an end? She said she they are committed to margin expansion and will continue to look for ways to do it.
HauntedMansionFLA
Well-Known Member
The Magic bands are working. Great job Mr. Staggs!!!
I agree. Everyone is very satisfied with online QS ordering. It's a huge hit. And I've heard of no hiccups in its roll-out. MyMagic is really paying off.
jakeman
Well-Known Member
The platform (assuming it's the same, why reinvite the wheel?) would most likely be BAMTech, which has gotten better year over year with MLB. In fact, I use it almost nightly during the regular season and I haven't had any issues this year that couldn't be chalked up to my ISP.
Laketravis
Well-Known Member
Hope so. My first thought when I heard of ESPN streaming was AT&T's DirecTV Now roll out late last year. I was an early adopter and it literally sucked. Plagued with issues. They've cleaned it up immensely since then but those black eyes can take time to heal and AT&T has the resources to quickly address issues that can sink any new offering.
ThisIsSimba1
Member
This makes me wonder what the future of Marvel-produced-for-Netflix shows such as Daredevil will be though. For the most part those shows have been critically successful, and the highly anticipated "Defenders" crossover series debuts next Friday....
jakeman
Well-Known Member
I don't know anything about tech, but I would assume maybe since it's the same technology used by the MLB and NHL (I think) that putting a World of Poker overlay (or whatever nonsense ESPN will use it for) wouldn't be that hard.
the.dreamfinder
Well-Known Member
And HBO. If you can handle Game of Thrones...
ford91exploder
Resident Curmudgeon
Now there was a freudian slip of epic proportions, In short the cuts and price increases will continue
No mention of creating amazing new experiences rather just give people more reason not to go to a Disney owned park