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

[DCBaker]

Bob - Demand of the parks is extraordinary now. We can lean into the demand easily by letting more people in, and by more aggressively pricing... we don't think either would be smart.

 

[Andrew C]

pricing on parks was alienating to some...no crap..

 

[waltography]

"I have always believed that accessibility is a core value of the Disney brand. We were not perceived to be as accessible or as affordable to many segments as we probably should have been."

 

[Magenta Panther]

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

Reports say that Disney+ lost subscribers for the first time ever...?

 

[Serpico Jones]

Twitter is down.

 

[TalkingHead]

Hearing Iger talk about quality on the screen just goes to show this is all about selling snake oil. Marvel is widely acknowledged as having poor effects work in series and features, an embarrassing amount considering their box office record.

He’s banking on audiences showing up and forking over more money in the future based on recognizable franchise brands and “good” content. So how is that any different than what Disney has done for the last ten years?

 

[NotCalledBob]

More talk of limiting annual passes.

 

[CaptainAmerica]

Reports say that Disney+ lost subscribers for the first time ever...?

They jacked the price up. They were always going to lose subs this quarter but they lost a lot less than they were expected to.

 

[MisterPenguin]

Q: Theme park enthusiasm, will it wane post-pandemic.

A: Demand is high. We can increase caps and prices, but that would be counterproductive.

A ""version"" of Avatar coming to DL.

 

[Disney Analyst]

I guess Iger was met by the ghosts of Christmas Past, Present, and Future during his retirement, and does indeed want to try and increase some affordable options.

 

[waltography]

APs again brought up in this call as "damaging to the bottom line" because of their per capita spending.

 

[DCBaker]

Bob - We are going to bring Avatar to Disneyland and we have other opportunities and I talked to Josh D'Amaro about this, recently, this morning to carefully look at all the great franchises of the company, and see where we can invest in them in the parks to increase capacity, while preserving guest satisfaction.

 

[hopemax]

Hmm... I think there is park expansion coming. But it's going to be heavily franchised IP. Tear WDWMagic apart with everything new, and little to nothing that old fans want.

 

[CaptainAmerica]

APs again brought up in this call as "damaging to the bottom line" because of their per capita spending.

Based

 

[Ayla]

Twitter is down.

No problems on my end.

 

[HauntedPirate]

"How many billions per year will you give to the NBA with their next TV contract? "

 

[MisterPenguin]

Q: more questions rehashing, then about licensing.

Bob: Yes on licensing.

 

[Rteetz]

Iger's comments on parks are interesting. It does sound like investment is coming.

 

[HauntedPirate]

pricing on parks was alienating to some...no crap..

 

[NotCalledBob]

I spoke to Josh this morning, about more franchises in the parks!!

Oh yay. Incoming IP explosion!