Maybe.
But you have to figure how many are already subscribers, or will simply do a trial run and then cancel.
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Disney’s Q1 FY24 Earnings Results Webcast
- Thread starter DCBaker
- Start date
But you have to figure how many are already subscribers, or will simply do a trial run and then cancel.
Laketravis
Well-Known Member
Coulda turned how many times he mentioned Swift into a drinking game......
CaptainAmerica
Well-Known Member
Bob goes "look at all our creativity":
Planet of the Apes Sequel
Inside Out Sequel
Alien Sequel
Moana Sequel
Deadpool Sequel
Captain America Sequel
Zootopia Sequel
Avatar Sequel
Frozen Sequel
Toy Story Sequel
Star Wars Sequel
Planet of the Apes Sequel
Inside Out Sequel
Alien Sequel
Moana Sequel
Deadpool Sequel
Captain America Sequel
Zootopia Sequel
Avatar Sequel
Frozen Sequel
Toy Story Sequel
Star Wars Sequel
Sirwalterraleigh
Premium Member
I just heard Peter king comment on that the other day…
Vegas Disney Fan
Well-Known Member
Good news for the company, bad news for us, all of that was through price increases and cuts that affect the consumer.
We pay more and get less, but at least Disney is making more money…
Disney Analyst
Well-Known Member
If they are smart, you remove any trial offerings before the release, force them to at least pay for a month.
Bob...
Turning to our film studios, we have an incredibly robust slate of new releases as we continue revitalizing our creativity. Just consider the lineup of titles we will release through the end of 2026.
This year we have Kingdom of the planet of the anticipates, inside out 2, Deadpool 3, alien Romulus and must it fausa, The Lion King.
As I mentioned at the top of the call, this November we'll release a feature length animated sequel to moAnna, this was originally developed as a series. We were impressed with what we saw and we knew it deserved a theatric cal release. Recently crossed one billion hours streamed on Disney Plus and was the most streamed movie in 2023 on any platform in the U.S., along with a live-action version of the original film that's currently in development, Muhana remained a incredibly popular franchise. Muhana two comes to theaters this November.
Looking to our 2025 theatric cal slate, we're excited to bring audiences captain America, brave New World, Fantastic Four, Pixar's elio, Utopia two and avatar three. And we're already looking forward to 2026 and beyond with Frozen 3, the first Toy Story movie since 2019 and a new Star Wars movie that brings the manned Loren and grow Gu to the big screen for the first time.
These films will not only reach global audiences in theaters but as we've consistently demonstrated, they will become important anchors on our global streaming platforms driving subscriptions and engagement while also continuing to fuel growth in our experiences business.
Turning to our film studios, we have an incredibly robust slate of new releases as we continue revitalizing our creativity. Just consider the lineup of titles we will release through the end of 2026.
This year we have Kingdom of the planet of the anticipates, inside out 2, Deadpool 3, alien Romulus and must it fausa, The Lion King.
As I mentioned at the top of the call, this November we'll release a feature length animated sequel to moAnna, this was originally developed as a series. We were impressed with what we saw and we knew it deserved a theatric cal release. Recently crossed one billion hours streamed on Disney Plus and was the most streamed movie in 2023 on any platform in the U.S., along with a live-action version of the original film that's currently in development, Muhana remained a incredibly popular franchise. Muhana two comes to theaters this November.
Looking to our 2025 theatric cal slate, we're excited to bring audiences captain America, brave New World, Fantastic Four, Pixar's elio, Utopia two and avatar three. And we're already looking forward to 2026 and beyond with Frozen 3, the first Toy Story movie since 2019 and a new Star Wars movie that brings the manned Loren and grow Gu to the big screen for the first time.
These films will not only reach global audiences in theaters but as we've consistently demonstrated, they will become important anchors on our global streaming platforms driving subscriptions and engagement while also continuing to fuel growth in our experiences business.
Who aists sehm if hs ddindt!?!?
BrianLo
Well-Known Member
This fully explains why the forward guidance for next quarters subscriber numbers were so positive.
Laketravis
Well-Known Member
Parks got all of 15 seconds of discussion.
CaptainAmerica
Well-Known Member
Subscriptions are sticky. Everyone plans to subscribe, watch their thing, and cancel. Then they don't.
Bob...
After all, one of the things that truly sets Disney apart is our unique ability to turn top quality IP into top quality experiences, leading to significant growth.
That was certainly true this quarter. Every one of our parks was profitable in Q1, giving us an incredibley solid foundation to build upon as we invest significantly to turbocharge growth in this business.
We've had a tremendous response from guests visiting our newly opened world of Frozen and Hong Kong Disneyland.
As I've said before, we also have so many untapped stories just waiting to be brought to life in our parks across the globe as we continue to invest in this extraordinary business. But it's not just our parks where we're creating new opportunities for consumers to engage with the characters and franchises they love.
After all, one of the things that truly sets Disney apart is our unique ability to turn top quality IP into top quality experiences, leading to significant growth.
That was certainly true this quarter. Every one of our parks was profitable in Q1, giving us an incredibley solid foundation to build upon as we invest significantly to turbocharge growth in this business.
We've had a tremendous response from guests visiting our newly opened world of Frozen and Hong Kong Disneyland.
As I've said before, we also have so many untapped stories just waiting to be brought to life in our parks across the globe as we continue to invest in this extraordinary business. But it's not just our parks where we're creating new opportunities for consumers to engage with the characters and franchises they love.
Then what the blue hell does subscribing for a month then cancelling mean? Get a bunch of people together in the same dorm, subscribe for a month, cancel. Dozens of people just watched for $10. Or have one friend have a party for all her friends who don't have it.
Bob....
Our new relationship with epic games will create a transformational games and entertainment universe that integrates Disney's world-class storytelling into Epic's phenomenon Fortnite enabling consumers to play, watch, create and shop for both digital and physical goods.
This March Disney's biggest entry ever into the world of video games and offers significant opportunities for growth and expansion. The new immersive universe will allow fans to unleash their own creativity and experience the Disney stories and worlds that they love in groundbreaking new ways. Younger audiences in particular are huge consumers of video games.
In fact, among millennials, gen Z and gen alpha, a significant amount of time based on screen-based platforms is playing video games. This new universe from Disney and Epic provides us with a tremendous opportunity to not only meet more consumers where they are but to allow more audiences to cultivate a bond with Disney's iconic brands and franchises including Marvel, Star Wars and much some more.
Looking at the renewed strength of our businesses this quarter from sports to entertainment to experiences, the stage is now set for significant growth and success.
In that regard, we see ample opportunity to increase shareholder returns as our earnings and free cash flow continue to grow.
Our new relationship with epic games will create a transformational games and entertainment universe that integrates Disney's world-class storytelling into Epic's phenomenon Fortnite enabling consumers to play, watch, create and shop for both digital and physical goods.
This March Disney's biggest entry ever into the world of video games and offers significant opportunities for growth and expansion. The new immersive universe will allow fans to unleash their own creativity and experience the Disney stories and worlds that they love in groundbreaking new ways. Younger audiences in particular are huge consumers of video games.
In fact, among millennials, gen Z and gen alpha, a significant amount of time based on screen-based platforms is playing video games. This new universe from Disney and Epic provides us with a tremendous opportunity to not only meet more consumers where they are but to allow more audiences to cultivate a bond with Disney's iconic brands and franchises including Marvel, Star Wars and much some more.
Looking at the renewed strength of our businesses this quarter from sports to entertainment to experiences, the stage is now set for significant growth and success.
In that regard, we see ample opportunity to increase shareholder returns as our earnings and free cash flow continue to grow.
No I get it. At bare minimum it creates buzz for the streaming service with a synergistic demographic.
Sirwalterraleigh
Premium Member
That’s a good move…
She is gonna reinject herself this April
Maybe Miley will get p***ed about Disney and they’ll end up fighting in the fountain at the Beverly Hills a la Crystal and Alexis?
Bob...
Our current position of strength and confidence in our path ahead all -- pay a dividend to our shareholders last month.
I'm pleased to share that the board declared that our next semiannual dividend to be paid in July was be 50% higher versus the last dividend paid in January.
The board has also authorized the company to begin repurchasing shares for the first time since fiscal 2018 and we plan to start by targeting $3 billion this fiscal year.
As we continue to invest in our growth businesses and maintain our strong balance sheet, we also expect to prioritize dividend payments and share repurchases in the coming years.
Our current position of strength and confidence in our path ahead all -- pay a dividend to our shareholders last month.
I'm pleased to share that the board declared that our next semiannual dividend to be paid in July was be 50% higher versus the last dividend paid in January.
The board has also authorized the company to begin repurchasing shares for the first time since fiscal 2018 and we plan to start by targeting $3 billion this fiscal year.
As we continue to invest in our growth businesses and maintain our strong balance sheet, we also expect to prioritize dividend payments and share repurchases in the coming years.
Brian
Well-Known Member
The hope is that they either forget to cancel, or find other content they find appealing and stick around long-term for that.
If all else fails, there's also tremendous value in getting their email address for future marketing, not just for D+, but across the whole enterprise.
Disney Analyst
Well-Known Member
The engagement from the Taylor Swift socials is huge already. This is a version of the tour that has NOT been released anywhere else. In full, from beginning to end. Not the theatrical version, not the VOD version.
www.instagram.com
IG itself is already at 1.1 million likes.
Taylor Swift on Instagram: "This week is truly the best kind of chaos. I’m thrilled to let you know I’ve found a streaming home for The Eras Tour Concert Film, and that home will be @disneyplus. For the first time we’ll be showing the entire concert
8M likes, 0 comments - taylorswiftFebruary 7, 2024 on : "This week is truly the best kind of chaos. I’m thrilled to let you know I’ve found a streaming home for The Eras Tour Concert Film, a..."
www.instagram.com
IG itself is already at 1.1 million likes.
Bob... I'm proud of our company's remarkable achievements and I'm grateful to a deep bench of seasoned executives helping guide Disney into the future. That includes Hugh Johnston, our new CFO, who has already proven to be an outstanding addition to the team. We feel very fortunate to have Hugh with u s. I'll turn things over to Hugh.
Hugh >> Thanks, Bob. the more excited I am about the opportunities ahead of us. I'm looking forward to continuing to partner with Bob and our management team as we execute on our strategy with the goal of delivering significant, consistent, long-term earnings and free cash flow growth. We are very pleased with this quarter's financial results.
Fiscal first quarter diluted earnings per share excluding certain items increased by 23% versus the prior year, to $1.22 and segment operating margin increased by 350 basis points reflecting both strong pricing and operating expense reductions.
Both revenue and operating income at direct-to-consumer, domestic ESPN and experiences all increased versus the prior year.
And operating income across each of our business segments grew nicely, in part due to the diligent and ongoing cost efficiency work we're driving throughout our businesses as evidenced by the realization of over $500 million in SGNA and other operating expense savings across the enterprise in the first quarter.
Hugh >> Thanks, Bob. the more excited I am about the opportunities ahead of us. I'm looking forward to continuing to partner with Bob and our management team as we execute on our strategy with the goal of delivering significant, consistent, long-term earnings and free cash flow growth. We are very pleased with this quarter's financial results.
Fiscal first quarter diluted earnings per share excluding certain items increased by 23% versus the prior year, to $1.22 and segment operating margin increased by 350 basis points reflecting both strong pricing and operating expense reductions.
Both revenue and operating income at direct-to-consumer, domestic ESPN and experiences all increased versus the prior year.
And operating income across each of our business segments grew nicely, in part due to the diligent and ongoing cost efficiency work we're driving throughout our businesses as evidenced by the realization of over $500 million in SGNA and other operating expense savings across the enterprise in the first quarter.