News The Walt Disney Company Board of Directors Extends Robert A. Iger’s Contract as CEO Through 2026

[Sirwalterraleigh]

That's exactly what they are going to do.

…Then watch it burn

 

[Sirwalterraleigh]

I see it’s “idiot musings hour”

 

[HauntedPirate]

What are the management issues with DCL? I thought it was being run well and doing a good job financially. Perhaps I'm mistaken?

Not there aren't issues with DCL (higher pricing, stale menus, design flaws with the Wish and Treasure, as examples), but overall it's been a bright spot for DPEP in the past 12-18 months.

 

[Sirwalterraleigh]

@_caleb

Hey, Bub…they’re not making money in streaming…and it’s gonna get worse if they don’t plow BILLIONS into programming they’ve already announced they won’t do…

…and it’s 35 days till that “magic” 2024 profit starts rolling in…

$5 a quarter

 

[Sirwalterraleigh]

Not there aren't issues with DCL (higher pricing, stale menus, design flaws with the Wish and Treasure, as examples), but overall it's been a bright spot for DPEP in the past 12-18 months.

Oh it has…based on realities that don’t make sense

I’ll remind a year ago wdw attendance would NEVER decline in a strong economy…

…then math overpowered the spoken word

 

[HauntedPirate]

@_caleb

Hey, Bub…they’re not making money in streaming…and it’s gonna get worse if they don’t plow BILLIONS into programming they’ve already announced they won’t do…

…and it’s 35 days till that “magic” 2024 profit starts rolling in…

$5 a quarter

Oh, I'm afraid the profits won't start rolling in until Q4 2024. You must have missed the memo. But then... WATCH OUT!!! D+ will be an unprecedented juggernaut that will transform TWDC as nothing has before!!!

 

[_caleb]

Those who have

@_caleb

Hey, Bub…they’re not making money in streaming…and it’s gonna yet worse if they don’t plow BILLIONS into programming they’ve already announced they won’t do…

…and it’s 35 days till that “magic” 2024 profit starts rolling in…

$5 a quarter

Huh? The target for profitability is the end of 2024, not Jan 1.

We all know they're spending big and not making money.

 

[_caleb]

Oh, I'm afraid the profits won't start rolling in until Q4 2024. You must have missed the memo. But then... WATCH OUT!!! D+ will be an unprecedented juggernaut that will transform TWDC as nothing has before!!!

Profitable just means getting out more money than they're putting in, you know.

I'm not sure they're going to be able to do it by the end of this year, but they're still operating according to the plan they laid out at the start of the DTC pivot.

 

[Trauma]

I see it’s “idiot musings hour”

I am not an idiot.

I am a moron.

At least have the decency to get it right.

 

[HauntedPirate]

Profitable just means getting out more money than they're putting in, you know.

I'm not sure they're going to be able to do it by the end of this year, but they're still operating according to the plan they laid out at the start of the DTC pivot.

I'm aware.

And I agree. I won't be convinced until next November's annual report.

 

[Sirwalterraleigh]

Profitable just means getting out more money than they're putting in, you know.

I'm not sure they're going to be able to do it by the end of this year, but they're still operating according to the plan they laid out at the start of the DTC pivot.

You mean the one where they “far exceeded their projections”?

Oh right…”bad subscriptions”…all the people wanting to pay $50 a month with Palmolive ads saturating were “waiting”…

Yeah

 

[Sirwalterraleigh]

Those who have

Huh? The target for profitability is the end of 2024, not Jan 1.

We all know they're spending big and not making money.

What exactly magically will happen in 2024 to flip the switch?

There’s never an answer for that (because there isn’t one)…but it seems clear how they’re gonna spin it. It’s been telegraphed.

 

[JD80]

Higher profitable subscriptions are going up, ad tiers are kicking off, hulu integration beginning.

DTC losses are trending down significantly.

All pretty good signs their goals are within plan.

 

[Trauma]

What exactly magically will happen in 2024 to flip the switch?

There’s never an answer for that (because there isn’t one)…but it seems clear how they’re gonna spin it. It’s been telegraphed.

Marvels and Wish are coming.

People will subscribe en mass.

 

[Sirwalterraleigh]

Marvels and Wish are coming.

People will subscribe en mass.

Right…all we’re waiting for their $399 65 incher from Costco and some of the yummy 5 lb chili

 

[HauntedPirate]

Right…all we’re waiting for their $399 65 incher from Costco and some of the yummy 5 lb chili

Pffft... I'm eyeing up a 75" from Sam's Club for $600.

 

[Sirwalterraleigh]

I am not an idiot.

I am a moron.

At least have the decency to get it right.

I know exactly what I am:

 

[monothingie]

Higher profitable subscriptions are going up, ad tiers are kicking off, hulu integration beginning.

DTC losses are trending down significantly.

All pretty good signs their goals are within plan.

Let’s take your assertion as 100% valid and that Disney+ breaks even, better yet eeks out a profit sometime in FY 2024.

Does anyone expect that profit to be earth shattering? Does anyone expect D+ to be a continuing profit center with solid revenues going into the foreseeable future, as some had hoped?

Or does D+ hang around as a division that flounders in the middle depending on the quarter?

Does anyone think D+ can ever make back all that which was lost since its inception? Subscribers have peaked, subscriber pricing is maxed out, leaving the only factor affecting arpu being ad revenue, which doesn’t sound promising with stagnant subscriber numbers and low rated shows.

 

[JD80]

Let’s take your assertion as 100% valid and that Disney+ breaks even, better yet eeks out a profit sometime in FY 2024.

Does anyone expect that profit to be earth shattering? Does anyone expect D+ to be a continuing profit center with solid revenues going into the foreseeable future, as some had hoped?

Or does D+ hang around as a division that flounders in the middle depending on the quarter?

Does anyone think D+ can ever make back all that which was lost since its inception? Subscribers have peaked, subscriber pricing is maxed out, leaving the only factor affecting arpu being ad revenue, which doesn’t sound promising with stagnant subscriber numbers and low rated shows.

I don't expect the profit to be earth shattering in the next year, I just think it will be a net positive on the balance sheet by the end of the fiscal year.

Not sure why people think it's going to be this billion dollar profit machine right off the bat. This is a long term play at creating the next century of content distribution where they own the platform and control all the revenue centers. Who knows what the future holds, I think over time it will be massively profitable.

Hulu and D+ combined puts the platform at a good position in the market. The Prime Video numbers are funky(taking some notes from @CastAStone on Discord).

CastAStone:
There’s actually a callout with prime which is that Nielsen can’t yet split out what you’re watching on prime. So if you subscribe to PBS Kids or Noggin or Max through Prime and watch it in the Prime app it counts as prime here

 

[monothingie]

Not sure why people think it's going to be this billion dollar profit machine right off the bat. This is a long term play at creating the next century of content distribution where they own the platform and control all the revenue centers. Who knows what the future holds, I think over time it will be massively profitable.

The expectation was that DTC platforms like D+ would provide a platform which could leverage strengths in all segments within Disney to generate revenues that no competitor could even compete against.

It was the expectation that D+ would be far more than just streaming, but rather the central core for everything from merchandise to theme parks.

D+ may make money one day, but it will never achieve what was pitched to executives 10 years ago.