CaptainAmerica
Premium Member
Good lord this man is insufferable.
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
News Disney’s Fiscal Full Year and Q4 2021 Earnings Results Webcast
- Thread starter DCBaker
- Start date
The magic bands are working.. Until one sees their credit card bill at the end of the month.
Brian
Well-Known Member
CaptainAmerica
Premium Member
They keep saying "lots of people enjoy" things that everyone hates.
Q: Ben from Morgan Stanley: Expectations out of line
A: Bob - net adds are lower than expected due to seasonal shifts. 3Q will add (even double) more subs from opening in more regions. And also, our huge investment in content comes into fruition then.
A: Christine: Park expenses... fixed, semi-fixed, variable costs. The first two buckets saddle us with a lot of costs. Once we get back to fuller attendance, the income will outstrip expenses. Plus, we're doing the surge pricing stuff. Plus we're automating stuff, which is less labor cost. And we're managing crowds more with IT.
In the end, higher profit.
And Genie+ hasn't even started in DL, so... more profit there!!
Disney+ net adds
Parks margins
What's happening? Tell us again!! How can you squeeze more margin since it's not linear?A: Bob - net adds are lower than expected due to seasonal shifts. 3Q will add (even double) more subs from opening in more regions. And also, our huge investment in content comes into fruition then.
Parks: "We're bullish!" "30% increase per capita" Genie+ is a big success -- one third of all guests per day giving us $15!!
A: Christine: Park expenses... fixed, semi-fixed, variable costs. The first two buckets saddle us with a lot of costs. Once we get back to fuller attendance, the income will outstrip expenses. Plus, we're doing the surge pricing stuff. Plus we're automating stuff, which is less labor cost. And we're managing crowds more with IT.
In the end, higher profit.
And Genie+ hasn't even started in DL, so... more profit there!!
One thing, trying to impress the Wall Street analysts for them to recommend investors to buy instead of sell. CEO Bob and CFO seems like to be betting the farm on Disney+.
Q: Alexa, JP Morgan: Why is Hotstar RPU so low, can you fix that?? Why exclusive 1st window theatrical release [I called this!]
A: Bob: We're staying flexible. And as Iger and I have been saying for years, we get more money with an exclusive theatrical 1st window. So, we'll do day and date only in special circumstances. Also note, right now, the exclusive theatrical window is shorter now than normal.
Trust us, we like profit!! We'll do the most profitable thing!! Stop second guessing us!!! (That's the subtext)
A: Christine: Hotstar is part of our guidance -- we expect profitability even with that lower RPU. Indian streaming is ad supported, and with less sports (cricket), there is less ad revenue. We expect to increase cost as market allows.
A: Bob: We're staying flexible. And as Iger and I have been saying for years, we get more money with an exclusive theatrical 1st window. So, we'll do day and date only in special circumstances. Also note, right now, the exclusive theatrical window is shorter now than normal.
Trust us, we like profit!! We'll do the most profitable thing!! Stop second guessing us!!! (That's the subtext)
A: Christine: Hotstar is part of our guidance -- we expect profitability even with that lower RPU. Indian streaming is ad supported, and with less sports (cricket), there is less ad revenue. We expect to increase cost as market allows.
Thanks for the translation so the common man / woman understands!
Christine on inflation - "There are lots of things that are worth talking about. We can adjust suppliers. We can substitute products. We can cut portion size which is probably good for some people's waistlines. We can look at pricing where necessary."
Last edited:
CaptainAmerica
Premium Member
CUTTING PORTION SIZES!?
Q: Can you target demographics better?
What are you doing about inflation of costs with less revenue?
A: Bob, we have a lot of data of what customers want and watch. Library keeps customers. New content leads to new subs. And Q3 coming up will have a slew of new content.
WRT widening cohorts: We're "four quadrants." Now, we're working on pre-school. All your toddler belong to us.
A: Christine: Everyone's concerned about inflationary pressure. Content development goes up. Labor costs of parks goes up. Try to cut cost of consumable goods. (less portions for you, fatties!!)
What are you doing about inflation of costs with less revenue?
A: Bob, we have a lot of data of what customers want and watch. Library keeps customers. New content leads to new subs. And Q3 coming up will have a slew of new content.
WRT widening cohorts: We're "four quadrants." Now, we're working on pre-school. All your toddler belong to us.
A: Christine: Everyone's concerned about inflationary pressure. Content development goes up. Labor costs of parks goes up. Try to cut cost of consumable goods. (less portions for you, fatties!!)
Disney Analyst
Well-Known Member
CaptainAmerica
Premium Member
Another thing to drive paying guests over the edge - thinking of cutting portion sizes ...Now this is a decision I can get behind. American portions are MASSIVE
Q: Jessica, Bankl of America: What's the advertising outlook? What's happening with Hulu ads?
What's up with sports betting? Can you recommend a horse?
A: Bob: sport betting... will be an opportunity for big bucks. We're just giving the youth what they want... a gambling addiction!! ESPN will be the way we can hook them. And we'll use the Disney brand to make gambling look cool!!! And we like money... a lot.
A: Christine: The ad market is strong, in general market and sports. Tho, some industries that are having supply issues (autos, IT) aren't advertising like they use to. We have honed targeted advertising, and a unified platform for advertisers to advertise and give us lots of money, all automated!!
What's up with sports betting? Can you recommend a horse?
A: Bob: sport betting... will be an opportunity for big bucks. We're just giving the youth what they want... a gambling addiction!! ESPN will be the way we can hook them. And we'll use the Disney brand to make gambling look cool!!! And we like money... a lot.
A: Christine: The ad market is strong, in general market and sports. Tho, some industries that are having supply issues (autos, IT) aren't advertising like they use to. We have honed targeted advertising, and a unified platform for advertisers to advertise and give us lots of money, all automated!!
Splitting a meal saves money and allows you to eat less. Problem solved without affecting anyone else.Now this is a decision I can get behind. American portions are MASSIVE
Squishy
Well-Known Member
Epcot Casino was happening in my head
CaptainAmerica
Premium Member
To be fair, she followed up by saying they wouldn't necessarily go right to pricing.
Cheaper products, smaller sizes, and higher prices, come on down!!!
But smaller portions are a de facto price increase so I suppose it's a distinction without a difference.
Fair point. But we all know prices are going up. It’s usually the first lever they pull. Maybe this time it will be third, after cheaper inputs and smaller sizes/portions.