Disney’s Q1 FY23 Earnings Results Webcast - Wednesday, Feb 8, 2023

[NotCalledBob]

Taking it to Peltz again with the dividend.

 

[Ayla]

Toy Story 5, Zootopia 2, Frozen 3

 

[doctornick]

Whiskey tango alpha foxtrot...

No, this company isn't creatively bankrupt...

To be fair, they've been doing a lot of originals with feature animation of late...

Lightyear was a kinda established IP (not really though) but otherwise the last sequel was Frozen 2 in 2019.

 

[mightynine]

The Frozen Cinematic Universe will reveal Elsa was a mutant all along!

 

[Surferboy567]

The Frozen Cinematic Universe will reveal Elsa was a mutant all along!

Mutation never bothered her anyway!

 

[WDWBryan]

I wonder if most of those 7,000 cuts will be in the streaming/technology department.

Well they're merging 3 segments into one. so you'll eliminate a lot of people doing the same job

 

[DCBaker]

Christine - we anticipate these eductions will be comprised of approximately 50% marketing, 30% labor, and 20% technology procurement and other expenses.

 

[HauntedPirate]

Dividend coming back.

Thus guaranteeing price increases at the parks (I forgot it was already February, I shall expect word of a ticket price increase before the month is out! ) . And a middle-finger to Peltz.

 

[CaptainAmerica]

Well they're merging 3 segments into one. so you'll eliminate a lot of people doing the same job

???

No they're not. They're splitting a single segment into two.

 

[Coaster Lover]

The Frozen Cinematic Universe will reveal Elsa was a mutant all along!

Still waiting on the team up movie with Elsa, Rapunzel, Moana, and a yet to be introduced Disney princess with some other power...

 

[orky8]

We're going to lay off 7000 people. We're going to bring back the dividend. I'm pretty hard core capitalism, but oof. Wall Street will be pleased....

 

[CaptainAmerica]

Still waiting on the team up movie with Elsa, Rapunzel, Moana, and a yet to be introduced Disney princess with some other power...

That's almost certainly going to be the plot of Wreck-It Ralph 3.

 

[hopemax]

Holiday attendance capped at 20% less than pre-pandemic to improve guest experience.

 

[waltography]

 

[mightynine]

Still waiting on the team up movie with Elsa, Rapunzel, Moana, and a yet to be introduced Disney princess with some other power...

Judy Hopps has the power of the law!

 

[Ghost93]

I feel like the "Avatar experience" will simply just be the Flight of Passage ride as they do not have enough space for a whole land. UNLESS Avatar is part of Disneyland Forward.

 

[DCBaker]

Christine - Quarter to date Park attendance at both Walt Disney World and Disneyland resort are pacing above prior year. And based on reservation bookings, we expect to see this trend continue.

 

[WDWBryan]

???

No they're not. They're splitting a single segment into two.

Studios, DMED, Television into Entertainment

 

[CaptainAmerica]

We're going to lay off 7000 people. We're going to bring back the dividend. I'm pretty hard core capitalism, but oof. Wall Street will be pleased....

They didn't say 7,000 layoffs technically. Eliminating open headcount should be part of that number, and with a hiring freeze in place for the last quarter there should be a bunch of them.

 

[CaptainAmerica]

Studios, DMED, Television into Entertainment

No. Studios and Television haven't been segments for years.

It's been DMED and DPEP, that's it. Now DMED is splitting into Entertainment and Sports.