Disney’s Q1 FY21 Earnings Results Webcast - February 11, 2021

[MisterPenguin]

"People be addicted to Disney parks no mater how risky it is to show up. We intend to capitalize on it." (I may be paraphrasing)

 

[jmp85]

DIS is the largest stock in my portfolio, but Bob Chapek is a horrible public speaker.

 

[Surferboy567]

Rat, Guardians, and Harm mentioned. All part of Epcot’s transformation.

EDIT: Galactic Starcruiser also mentioned

 

[Surferboy567]

Avengers Campus mentioned still opening later this year

 

[TrainsOfDisney]

Rat, Guardians, and Harm mentioned. All part of Epcot’s transformation.

More Disney! More family friendly! More Timeless! More magic!

(Excuse me while I lose my lunch)

 

[dreday3]

DIS is the largest stock in my portfolio, but Bob Chapek is a horrible public speaker.

I imagine him practicing his speech in front of his dog or something.

 

[MisterPenguin]

"DTC is top priority"

Take a shot!!

 

[Slpy3270]

"More family friendly"

So does this mean 20th Century properties aren't coming to Disney parks?

 

[DCBaker]

 

[Slpy3270]

If DTC is their top priority then that means the synergy days are over. There's no way they can all work with each other if one is cannibalizing the other.

 

[MisterPenguin]

They've been saying DTC is top priority for the past two years.

 

[CaptinEO]

If DTC is their top priority then that means the synergy days are over. There's no way they can all work with each other if one is cannibalizing the other.

You gotta synergize the promotion of D+ content across the parks and television networks. I see synergy going nowhere.

Theres even wandavision content in a closed disneyland.

 

[TrainsOfDisney]

99.4 million subscribers for Disney+ and it is still losing money.... how many subscribers make it profitable?

“We May choose to make additional disclosures” = when it’s good news we will tell you.

 

[MisterPenguin]

I wonder how the lack of ads for Disney merch on D+ will impact merch. When the kiddie shows were on linear Disney channels, they could advertise tons of Disney merch.

 

[Slpy3270]

Huh? McCarthy says DTC numbers will no longer be provided on quarterly earnings reports.

 

[CaptinEO]

Huh? McCarthy says DTC numbers will no longer be provided on quarterly earnings reports.

They know its downhill from here.

 

[MisterPenguin]

99.4 million subscribers for Disney+ and it is still losing money.... how many subscribers make it profitable?

Huge investments in infrastructure in foreign markets is ongoing. As well as for tons of new content.

“We May choose to make additional disclosures” = when it’s good news we will tell you.

They said we'll get an update every quarter. So, they're not going to hide bad news at least.

 

[Disney Analyst]

99.4 million subscribers for Disney+ and it is still losing money.... how many subscribers make it profitable?

“We May choose to make additional disclosures” = when it’s good news we will tell you.

Well, Netflix just finally got out of borrowing money to becoming sustainable, and they are around 204 million subscribers I believe.

 

[CaptinEO]

I love these reports where you realize they arent doing well but wordsmith it to sound good.

 

[MisterPenguin]

Huh? McCarthy says DTC numbers will no longer be provided on quarterly earnings reports.

I thought she said the opposite.