Disney’s Q1 FY22 Earnings Results Webcast

[waltography]

"Newest franchise... Encanto."

Well, there it is.

 

[Mac Tonight]

Encanto is now a franchise... ?? Kill me now.

 

[CaptainAmerica]

"nearly all of our top creative executives have recently renewed, extended or signed new contracts"

... apart from at WDI

If your name isn't Favreau or Feige, you're not a top creative executive in 2022.

 

[MisterPenguin]

Free cash flow is negative $1.190 billion.

Uhh....

They paid off about that much in debt/payables.

Remember, they leveraged the merge with 20thC and when COVID came, they borrowed another $12B in case they needed it. It's clear they don't need it. Paying off debt reduces future interest expenses.

Having a lower debt burden is commendable for a corporation.

 

[CaptainAmerica]

Encanto is now a franchise... ?? Kill me now.

ETA: That's a Bruno GIF for the kids in the back.

 

[MisterPenguin]

Encanto is now a franchise... ?? Kill me now.

All IPs are now a franchise. Even if it gets a few seconds projected on the castle.

 

[Disney Analyst]

He's really just saying the quiet part out loud.

Iger was able to mask it more, but Disney has been all in on the franchise, synergy, and corporate mindsets... for decades now.

 

[mightynine]

"General entertainment" - why's he not pointing out the growth of Pam & Tommy? I hear things are rising with each episode!

 

[waltography]

Are we just not hearing anything else about DPEP? Record revenue and that's it?

 

[Mac Tonight]

"Metaverse!"

*takes shot*

 

[CaptainAmerica]

Iger was able to mask it more, but Disney has been all in on the franchise, synergy, and corporate mindsets... for decades now.

I mean that was literally the point of Disneyland. Cross-promotion and synergy has always been the entire point of the Parks business. But yes, he's horrible at spinning it in a way that doesn't feel icky.

 

[waltography]

Tell me what the metaverse is Bob. Quickly.

 

[Animaniac93-98]

Encanto is now a franchise... ?? Kill me now.

Everything is a franchise thanks to magic of Disney Synergy Machine®!

 

[MisterPenguin]

Streaming subs worldwide as of January 1:

D+ = 129.8 million
Hulu = 45.3 million (total)
ESPN+ = 21.3 million

At the end of 2021 it was:

D+ = 95
HULU = 39
ESPN+ = 12

Phat gains, bro.

 

[danv3]

"nearly all of our top creative executives have recently renewed, extended or signed new contracts"

... apart from at WDI

Does this include K. Kennedy?

 

[MisterPenguin]

Can we do sports gambling *in* the Metaverse? Will virtual enforcers break our virtual kneecaps if we don't pay up?

 

[CaptainAmerica]

Does anyone want Andor?

Rogue One was a cool pew pew space movie but had absolutely zero memorable characters.

 

[Slpy3270]

Manningcast expanding to UFC, Golf and college football events among others.

Obi-Wan premieres May 25.

 

[Mac Tonight]

The Chapek household would be a fan of Hocus Pocus...

 

[CaptainAmerica]

Can we do sports gambling *in* the Metaverse? Will virtual enforcers break are kneecaps if we don't pay up?

Every bad thing about casino gaming now in everyone's pocket and available in real-time. I'm sure this won't have any long-term negative repercussions for a functioning and healthy society.