News Disney’s Q3 FY25 Earnings Results Webcast

Sirwalterraleigh

Sirwalterraleigh

Premium Member
Kamikaze said:
I told you last time. The revenue increase is mostly LLPP. Its extremely high margin and basically invented out of nowhere. They've got two more quarters of it being 'new'. Then you'll see how things actually are. I suspect the overall economy might become a larger problem before that happens, however.
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Wait…what?

That almost sounds like an acknowledgment of a problem?

I’m gonna get some coffee rushed over to you…STAT! 👨🏻‍⚕️
 
Tha Realest

Tha Realest

Well-Known Member
Mr. Sullivan said:
WWE fans are annoying but there are far, far worse demographics they could be appealing to. Especially when one of their industry peers is actively trying to cozy up to one of those far worse demographics.

Personally I don’t think Disney is necessarily the right company to hold WWE’s streaming. WWE is a massive money maker, but I feel Disney should focus more exclusively on sports that don’t have as much of a cultural wax and wane.

That said, I reiterate, they could be picking much more rotten fruit than this.
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Disney and WWE are perfect partners. Their CEO and, for the latter, creative lead both recently visited the White House. They both view Abu Dhabi as fertile ground for expansion. Both have a distressing history of their young talent being exploited mentally and physically in their primes.
 
lentesta

lentesta

Premium Member
Kamikaze said:
I told you last time. The revenue increase is mostly LLPP. Its extremely high margin and basically invented out of nowhere. They've got two more quarters of it being 'new'. Then you'll see how things actually are. I suspect the overall economy might become a larger problem before that happens, however.
Click to expand...

LL rev has to be driving a lot of this spending growth.

If domestic attendance was flat and hotel occupancy was up, given the way the economy is headed they're going to need all of that projected 7% increase in hotel bookings this quarter to stay roughly even.

FWIW Orange County's tourist tax revenue for June was +10% YoY. The highest June numbers on record. They credit Epic Universe.
 
lentesta

lentesta

Premium Member
Also, buried in that Orange County tax doc is a note about growth in short-term rentals (e.g., Airbnb) outpacing hotel room growth. That might be worth watching. I don't think Orlando's ever been a top market for Airbnb.

The parks can make off-site guests wait longer in line, so they have a built-in defense. I'd love to know if the people renting Airbnb are coming from value, moderate, or deluxe hotels.
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
lentesta said:
LL rev has to be driving a lot of this spending growth.

If domestic attendance was flat and hotel occupancy was up, given the way the economy is headed they're going to need all of that projected 7% increase in hotel bookings this quarter to stay roughly even.

FWIW Orange County's tourist tax revenue for June was +10% YoY. The highest June numbers on record. They credit Epic Universe.
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I give you credit, Len…you always know how to get almost to calling them out…without going over the line 👍🏻

I think the problem for Orlando, Florida and the greater picture is all the trends are looking toward contraction…but they righty don’t want to give that idea air.

The tactic the last 15 years has been to “spend your way out of it”…but at some point the financial sector won’t allow the consumer to ignore what they owe and keep doing it (as a whole)

These are…interesting times…
 
Tha Realest

Tha Realest

Well-Known Member
lentesta said:
Also, buried in that Orange County tax doc is a note about growth in short-term rentals (e.g., Airbnb) outpacing hotel room growth. That might be worth watching. I don't think Orlando's ever been a top market for Airbnb.

The parks can make off-site guests wait longer in line, so they have a built-in defense. I'd love to know if the people renting Airbnb are coming from value, moderate, or deluxe hotels.
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In recent weeks/months we’ve been hearing how AI will soon be supercharging the tourism industry (variable pricing on steroids married with all the evils of social media tracking).

How do you think this will start to affect the way Disney books or offers it’s rooms, particularly when its competitors (conventional hotels and AirBNBs alike) move aggressively into this space?

Updated: This is a recent story on this phenomenon
 
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Sirwalterraleigh

Sirwalterraleigh

Premium Member
Kamikaze said:
To be clear - its the economy I think will be the problem. As in everywhere. Not Disney specifically.
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No argument there

But they are (one dude on his vert) “well compensated” to solve that problem. No passes should ever be issued

It’s not that I don’t expect them to run into problems…that’s life…but the trend of hubris to double down and blame the customer when they make strategic mistakes is a huge concern and has been for 10 years. Back then it was “you’re crazy…everyone loves it!! Only gonna get bigger”…mixed results are in there
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
Tha Realest said:
In recent weeks/months we’ve been hearing how AI will soon be supercharging the tourism industry (variable pricing on steroids married with all the evils of social media tracking).

How do you think this will start to affect the way Disney books or offers it’s rooms, particularly when its competitors (conventional hotels and AirBNBs alike) move aggressively into this space?

Updated: This is a recent story on this phenomenon
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With their tech history? It’s something to watch…for sure
 
Kamikaze

Kamikaze

Well-Known Member
Sirwalterraleigh said:
That’s settled science…just like trailer clicks guaranteed that fantastic four would not do…what if seems to be doing…

I think even you and I can agree that given the flex - people see what they want to see
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The collapse of box office performance is staggering to say the least. I think a lot of people just say "I'll wait for streaming", especially when its a short wait (Superman out on the 15th). The studios really need to put a stop to it and wait at least 90 days, if not 180.
 
JD80

JD80

Well-Known Member
lentesta said:
Johnston said on the last earnings call that YOY hotel bookings were running around +4%. It looks like we got slightly more than that.

If attendance was flat, does that mean we had a small downturn in offsite guests?
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If I remember correctly, last quarter saw an occupancy rate of close to 2019 but attendance levels were not which seems to say that they are pushing more offsite or local guests in to their hotels. Trend is probably continuing.
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
Kamikaze said:
The collapse of box office performance is staggering to say the least. I think a lot of people just say "I'll wait for streaming", especially when its a short wait (Superman out on the 15th). The studios really need to put a stop to it and wait at least 90 days, if not 180.
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That’s half the picture…the other is not giving the audience what captures it…

Anecdotal…had an 18 year old walk in last night after seeing fantastic four with his buddies (video teacher at school had free tickets…which in of itself is weird) and when I asked how it was…said “it was alright…not quite as bad as the other marvel stuff”

Not getting the kid who literally was raised on MCU to give it some air might be a tad alarming.

Anyone…digression…for another day to discuss
 
Sirwalterraleigh

Sirwalterraleigh

Premium Member
lentesta said:
Johnston said on CNBC that WDW "traffic" was "up slightly." So ... a DLR decrease to offset that?
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That stuck out…it’s an empty statement…since they don’t report any of that…it means nothing

I think “flat” is the more appropo word…but “slightly” sounds much better.

There’s no money cops to arrest anyone for that kinda off the cuff stuff

Flat is where I figured they’d be. We forget the crowds in 2024 sucked too
 

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