News Disney’s Fiscal Full Year and Q4 2023 Earnings Results Webcast

[NotCalledBob]

Poor Kevin.

 

[doctornick]

Regarding streaming, another price hike is going on right now. If they can retain most of their (non South Asian) subscribers, that should push them to profitability in streaming.

 

[HauntedPirate]

Did y'all catch this gem?

"Star Wars: Galactic Starcruiser attraction"

It wasn't a 2-night hotel stay, it was a 2-night, $5000 attraction.

 

[HauntedPirate]

I can't remember so little discussion being spent on Parks & Resorts. It was like "It's a core business, so we have to talk about it, but we really, really, really don't want to talk about it. How about the studio & streaming (which are not that strong historically either)."

Movie studios and streaming?

 

[Sir_Cliff]

WDW's net profit is huge. It had grown to be larger than pre-pandemic profit. It can take a (continued) hit.

Whether you like Iger or not, I really don't understand cheering on a quarter to quarter, endless growth focus on the parks. That's exactly the kind of thinking that causes all the things we don't like!

 

[HauntedPirate]

Bob - "I'm tired of this mindless business stuff. I want to talk about my new super yacht!!"

 

[CaptainAmerica]

Whether you like Iger or not, I really don't understand cheering on a quarter to quarter, endless growth focus on the parks. That's exactly the kind of thinking that causes all the things we don't like!

It's not quarter to quarter, it's quarter versus prior year. And that's now how they manage parks investment.

 

[monothingie]

 

[DCBaker]

On those park investments over the next 10 years - "we expect those investments to ramp up towards the back half of that 10-year period with more gradual increases in the first few years."

 

[Sir_Cliff]

It's not quarter to quarter, it's quarter versus prior year. And that's now how they manage parks investment.

I understand that, but I feel the same way on year on year growth. The idea that each quarter has to be more profitable than the year before leads down the road to cost cutting and price rises when being highly profitable is not enough because it's not even more highly profitable than the previous year.

 

[Sirwalterraleigh]

Why is Iger saying - WDW continues to manage against wage inflation ? in an interview today right before earnings call That’s buzzwords in running a lean efficiency operation looking at all costs

It’s an attempt at a complete BS excuse as to why their attendance is lagging in a non-recession economy.

Again…that has NEVER happened before

 

[monothingie]

On those park investments over the next 10 years - "we expect those investments to ramp up towards the back half of that 10-year period with more gradual increases in the first few years."

 

[hopemax]

On those park investments over the next 10 years - "we expect those investments to ramp up towards the back half of that 10-year period with more gradual increases in the first few years."

I wish you all could see how hard I rolled my eyes when he said that.

 

[Sirwalterraleigh]

I can't remember so little discussion being spent on Parks & Resorts. It was like "It's a core business, so we have to talk about it, but we really, really, really don't want to talk about it. How about the studio & streaming (which are not that strong historically either)."

…everybody can see the fire. Don’t need to say it’s burning

 

[monothingie]

I wish you all could see how hard I rolled my eyes when he said that.

Was Bob a used car salesman before his weatherman gig?

 

[Sirwalterraleigh]

On those park investments over the next 10 years - "we expect those investments to ramp up towards the back half of that 10-year period with more gradual increases in the first few years."

…ya mean AFTER your “retirement”, Bob?

 

[Lilofan]

Poor Kevin.

Before he rose up the food chain in Finance , Landsberry was the VP of Downtown Disney during the heyday of Pleasure Island for a short time.

 

[Animaniac93-98]

On those park investments over the next 10 years - "we expect those investments to ramp up towards the back half of that 10-year period"

So after phase 2 of Epic Universe?

 

[MisterPenguin]

Q: How to fix film slate? How was the result with Charter?

Bob: Our deal with Charter worked out for us because it focused on streaming priority.

We did have four movies in top ten. But, we perhaps were making too much content and focus more on quality.

 

[Lilofan]

Iger will by then be sailing on his super yacht far away from WDW.