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

[Magenta Panther]

Could be a sign that a certain studio president might be on the way out.

Hopefully Latoya Raveneau will be ousted too. She's been a disaster.

 

[Lilofan]

Up over $8/share after-hours.

Wall Street likes it when CEOs talk lay offs to re-org the company hence the stock up after hours trading.

 

[TalkingHead]

Basically, linear is Baby Boomers, streaming is Millennial's galore.

Streaming is still the future according to Bob.

Fwiw interesting to note his linear example was tv to streaming, not theatrical to streaming.

 

[Magenta Panther]

Wall Street likes it when CEOs talk lay offs to re-org the company hence the stock up after hours trading.

A financial planner friend of mine once told me that Wall Street likes a certain level of unemployment overall.

 

[Disney Analyst]

So, as is typical, the people who actually have money (gen x) are forgotten.

I mean, it was only one example regarding Abbott Elementary, how it plays on ABC versus Hulu.

Point is, there are big markets on both, but they differ. He sees the streaming market as the future, and I agree.

 

[Tha Realest]

Hopefully Latoya Raveneau will be ousted too. She's been a disaster.

Who is that?

 

[CastAStone]

Wall Street likes it when CEOs talk lay offs to re-org the company hence the stock up after hours trading.

Beating estimates on the top and bottom helps too. Since stock prices are largely based on those estimates.

 

[CaptainAmerica]

"Curating content" to ensure quality in the branded areas too, not just General Entertainment. Maybe there's hope that The Acolyte never sees the light of day.

 

[Slpy3270]

Basically, linear is Baby Boomers, streaming is Millennial's galore.

Streaming is still the future according to Bob.

Meanwhile I have ESPN on the TV in the background. And I'm 27.

 

[MisterPenguin]

Q: I beg you to give us guidance on D+. I beg you to give us guidance on sports licensing.

Bob: We got good licensing from College sports, and other stuff. We've been picky about what to license. We're getting more picky. ESPN+ is improving and will be a soft landing for ESPN cord cutting.

Previously we were in a global arms race for subs among other streamers and analysts. And we may have been too bearish on that. Now we got to look at pricing. Last D+ price increase had minimal churn.

 

[Disney Analyst]

Meanwhile I have ESPN on the TV in the background. And I'm 27.

There are always going to be outliers.

 

[hopemax]

10 out of 15 most streamed movies were Disney according to Nielson. And Bob called out Moana. But I missed year reference.

 

[CaptainAmerica]

Meanwhile I have ESPN on the TV in the background. And I'm 27.

Hulu+Live is the best of both worlds IMO.

 

[CaptainAmerica]

Bob likes the sports business.

 

[Magenta Panther]

Who is that?

A person within Disney who's responsible for the company's current PR headaches. I can't go into specifics here. I suggest you google her.

 

[MisterPenguin]

Q: Sell ESPN?

A: Nope.

 

[Disney Analyst]

No ESPN spinoff. Chapek considered it, company decided no.

 

[Ghost93]

That's it, it's Avatar the Musical at DCA! That was the casting call.

We done figured it out!

Maybe they'll incorporate the "Ma Eywa" song the Shaman sings from Na'vi River Journey?

 

[CastAStone]

Meanwhile I have ESPN on the TV in the background. And I'm 27.

He was talking about broadcast (ABC) though.

 

[CaptainAmerica]

HOLY CRAP Iger just said Chapek wanted to spin off ESPN.