News Disney’s Q2 FY25 Earnings Results Webcast

[BrianLo]

As good as Disney+ has been doing, , Netflix, YouTube TV have done better.

They have! They are also older.

That only matters if you think we’re in for a monopoly or duopoly. Generally US services in most forms have room at the table for 6-10 players. Disney’s a solid position 3 or 4.

You’re almost there…now put the picture together and say why this is not a good scenario as constructed…

If Disney Plus has reached the end of its rope, yes it’s a very bad thing. I’ve been clear about that and clear about my position.

That’s why I’ve watched Netflix (and Disney DTC) with fascination when the market thought they hit terminal velocity in early 2022. But they haven’t and more importantly Netflix hasn’t.

 

[Agent H]

That's the other thing, people got into streaming not just cause it was cheaper but also to avoid ads. If I'm going to have ads with streaming I will just use one of the free ones.

The thing I feel like people don’t talk about enough when discussing why people switched to streaming is the fact that you could watch whatever you wanted whenever you wanted without having to get up off the couch to put in a little disk. I can get out some snacks and never have to leave the couch.

 

[Sirwalterraleigh]

If Disney Plus has reached the end of its rope, yes it’s a very bad thing. I’ve been clear about that and clear about my position.

That’s why I’ve watched Netflix (and Disney DTC) with fascination when the market thought they hit terminal velocity in early 2022. But they haven’t and more importantly Netflix hasn’t.

Well yes…just that part of it.

I don’t think Netflix is a great 1:1…for a variety of reasons…but I’ll concede that.

It’s more about the business Disney does: which is using familiarity and nostalgia to sell to the masses. That’s it. It’s not tech…it’s not “exclusivey experiences”…it’s the western curb appeal that puts them in their sweet spot.

Now here’s the problem. Linear was by far the best case scenario. We agree on that.
It was farming out alot of the costs and collecting exhorbinant fees. It built the modern (late 20th) Disney. Hell…espn made enough to almost run the ship alone.

But that’s dead…time changes…not their fault.

Here’s the problem…they trying to convince themselves that a high overhead, low return successor can fill that void.

But they know it can’t. So what has happened? Raped the physical offerings to try and bandaid it. The parks segment can’t carry 60% of the revenue tally. It doesn’t work…it will (and has already) started to shut down the mass pipeline. That’s how they function. It’s not “optional”.

And don’t discount the decline in physical product demand - especially to children - a digital world doesn’t serve you well when you supply Chinese stuff to hoarders.

These things are chiseled on the tablets.

This is the issue. And why the management can’t do it. They’re already down the road to failure and the wheel is broken.

As far as this great quarterly. It just smells. Someone was supposed…wait for it…to leave his office in like 6 months

Their quarters for 3 years sucked…on the whole…all the indicators were stagnate or downward. Their filings…not my opinions.

And then poof. Just a head scratcher…the next chapter(s) will undoubtedly bring this back up.

Until then.

And so I don’t get the “you wanted them to fail”. No…I wasn’t even thinking about the quarterlies…just assumed more of the same…
Then the flag went up. Huh? Why the winter of 2025? People feeling better? Consumer spending up? Pro-business environment? String of big hits?

Hell…to the hell NO…almost the opposite.

 

[Lilofan]

Stupor is 100% wrong…lock it in. And appears to show up after absences when certain “friendly” corporate narratives aren’t gaining traction.

In this case…that they’re doing “well”…when the factual analysis says they are viewed by the market as flat…paddling in circles

Clear enough?

Did you come up with an actual idea/contribution yet? Of do we get more “whispers of sweet nothingness” from the Oracle of I-Drive today?

You clearly dislike Iger and his leadership in many of your posts , but like you said you still visit WDW. The Mouse , Iger and the Sunshine State economy thanks you for your continued support !

 

[Kamikaze]

"Correct x-1" = incorrect

There's no way you can properly solve that equation.

 

[Kamikaze]

That's the other thing, people got into streaming not just cause it was cheaper but also to avoid ads. If I'm going to have ads with streaming I will just use one of the free ones.

The biggest issue is that these services all face is cost of producing new content. I'm sorry but a POV of Rise of the Ristance isn't going to cut it.


As good as Disney+ has been doing, , Netflix, YouTube TV have done better.

One thing here - YouTube TV is not a streaming service like Disney+, Netflix, Max, AppleTV+; its an OTT cable provider.

 

[SamusAranX]

That’s certainly what has been hypothesized by members of this forum. I disagree, but that’s pretty well documented the last few years. Though Netflix has gotten there recently and not found its own ceiling. Disney is a far ways behind in terms of pricing and age of its service.

As per cable, we aren’t there yet. Maybe if you want all the streamers. But two won’t remotely set you back to your 100$ cable package.

Here’s a price guide from 1993. Just Disney channel (which is incomparably less than D+/Hulu) would be over 20$ in today’s currency… and includes commercials.

View attachment 858080

Would you look at those prices. And my parents had the gall to say we couldn’t afford cable!

 

[doctornick]

One thing here - YouTube TV is not a streaming service like Disney+, Netflix, Max, AppleTV+; its an OTT cable provider.

Right, YouTubeTV is equivalent to Hulu with Live TV which actually does very well for Disney in terms of profit. And interestingly, Disney is going to buff up that offering with their takeover of Fubo which is going to merge with Hulu with Live TV. Sling is the other big option in that market.

 

[MR.Dis]

Just read that the new Snow White movie is heading to Disney +, that is really going to spike the streaming numbers-LOL.

 

[Nubs70]

There's no way you can properly solve that equation.

You absolutely can.

It reads CORRECT to the minus 1 power.
Or the inverse of correct
Or
Incorrect

 

[doctornick]

So, in seeing some of the "backlash" about the Abu Dhabi announcement - which is really very minimal and not mainstream in my impression - got me thinking about that announcement and how it sits with "ordinary" investors. And I actually think that perhaps that the willingness of the company to make a more morally ambiguous business decision is viewed as a positive and really helped the jump in stock price beyond just the financial value of the deal. Specifically, I get the sense that some investors were scared off or down on Disney for being more overtly political in the post-pandemic era and felt that might be "bad for business" but increasingly I think it is clear that Disney is being more neutral going forward - but I think a deal for a park in UAE is basically the loudest and most clear statement (without specifically stating it) that Disney is focused on business as usual as opposed to any activism.

Individuals can agree or disagree with that approach but from a financial point of view, I suspect that the market prefers to see companies not veering into taking political positions and this will potentially help the stock price more going forward.

 

[Sirwalterraleigh]

There's no way you can properly solve that equation.

…new math…it’s gonna be YUGE soon

 

[Kamikaze]

You absolutely can.

It reads CORRECT to the minus 1 power.
Or the inverse of correct
Or
Incorrect

No… even if we are just ignoring proper notation for sub/superscript numbers because how the heck would you do that on these forums, it reads X to the -1, not ‘correct’ to -1.

A proper reading would be variable ‘correct’ and variable ‘X’, which would be, if we are assuming, to the -1. So, as I said, it’s not solvable.

Best way to write it would be ‘correct-1’ without the X. Or the format how it’s usually done on forums/text ‘correct^-1’

Or he could just say ‘that’s incorrect’, but hey, gotta be vague.

 

[Sirwalterraleigh]

I didn’t really intend for this to get into quantum physics

Just saying it’s a troll that shows up and argues against common sense 100% of the time

 

[Kamikaze]

I didn’t really intend for this to get into quantum physics

Just saying it’s a troll that shows up and argues against common sense 100% of the time

But you DID intend to say something without having to commit to actually saying it.

 

[Sirwalterraleigh]

But you DID intend to say something without having to commit to actually saying it.

What makes you think I look at things that far ahead?

 

[Kamikaze]

What makes you think I look at things that far ahead?

Fair point.

 

[MisterPenguin]

Streaming and Experiences Help Disney Beat Wall Street Expectations in Latest Quarter

The company also grew Disney+ subscribers to 126 million in its fiscal second quarter, after losing subs in the previous quarter.

www.hollywoodreporter.com

Disney Gains Surprise 1.4 Million Disney+ Subscribers as Streaming Profit Surges, CEO Iger Says ‘We Remain Optimistic’ About Fiscal 2025 Outlook

Disney turned in a beat for fiscal Q2 2025, with Disney+ gaining 1.4M subscribers. CEO Bob Iger remains "optimistic" about its earnings guidance.

variety.com