News Disney’s Q1 FY25 Earnings Results Webcast

[BrianLo]

Well there wasn’t revenue for a while -
The productions were not paid for by consumer revenue (there was no revenue to pay for mandolorian, lady and the tramp, etc.)

There was always revenue from the moment the service opened. You are confusing revenue with operating income. There wasn’t enough revenue for the service to not post a loss, but it ran a loss precisely because the productions were paid.

Now the productions are paid AND Disney pockets the spare change AND they have control. It’s the far better outcome than staying old media.

 

[TrainsOfDisney]

There was always revenue from the moment the service opened.

Correct. You said revenue and I quoted it as if you said profit.

 

[MisterPenguin]

I *hate* the term "operating income."

It's called "profit" (or "loss").

At the least, use "net revenue."

Thank-you for attending my Ted Talk.

 

[BrianLo]

I *hate* the term "operating income."

It's called "profit" (or "loss").

At the least, use "net revenue."

Thank-you for attending my Ted Talk.

The trouble is those are all very different things and not synonymous terms.

We’ll have to take it up with Disney for over emphasizing OI.

 

[Serpico Jones]

This is the Achilles' heel of D+ (and Disney in General) is that they are not even remotely nimble enough to generate content the way Netflix does. In the time it takes Disney to green light the next Star Wars or Marvel D+ piece of junk, Netflix will have produced 4 or 5 different series for around the same price of the one D+ series. All they would need is one of them to be successful to make up for the others that weren't, and even then, the sheer number of watch minutes for all 4 or 5 would still be many times that of the D+ production.

This is probably the key issue.

 

[JoeCamel]

I *hate* the term "operating income."

It's called "profit" (or "loss").

At the least, use "net revenue."

Thank-you for attending my Ted Talk.

But if there were no operating income would there be a need for a Chief Operating Officer to keep an eye on the income?

 

[MR.Dis]

Just wondering, if USA obtains Greenland, how long before Disney opens a park there?

 

[Dranth]

Just wondering, if USA obtains Greenland, how long before Disney opens a park there?

Given what the US wants it for, the locals overwhelmingly not wanting the US to own it and the climate in general, I am going to go with never.

 

[disneylandtour]

It really is amazing how a neophyte company like Netflix was able to bring a huge conglomerate like Disney to its knees.

Netflix lacks diversification. Streaming is having a moment. What happens when/if the world moves onto something else.

 

[disneylandtour]

This is important to repost since people keep posting the canard that "Hurricanes!" is somehow a lie to disguise a failing park.

Domestic Parks and Cruises profited $1.99B this past quarter compared to $2.10B the same quarter last year. There's a 2% loss. Roughly the amount of loss from the hurricanes.

As a frequent visitor to WDW, I think this is mostly bunk. In the last nine years, hurricanes have closed the parks six times--sometimes for a longer period than the 2024 hurricane. In 2022, Disney World closed two separate times for two hurricanes. In recent years, large hurricanes to Central Florida have been more common. So one closure for one hurricane should be squarely within the realm of a standard Q4 or Q1 experience now for Disney. This would be like me saying, Hey, it took me longer to get home today after work because there was traffic--as there's heavy traffic most days here at 5pm. Nothing new.

 

[TrainsOfDisney]

Netflix lacks diversification. Streaming is having a moment. What happens when/if the world moves onto something else.

I think the world already is. I’m a Disney fan and thought Disney+ had good content - but I really don’t have that much time to watch it and when I do have time I can look up stuff to watch on YouTube for free.

I take enough trips by air that I catch up on Disney movies when I fly (took a while to find a plane that actually had Elemental - was not a popular one! Haha).

The most valuable thing for me on Disney+ is muppets.

 

[Dranth]

As a frequent visitor to WDW, I think this is mostly bunk. In the last nine years, hurricanes have closed the parks six times--sometimes for a longer period than the 2024 hurricane. In 2022, Disney World closed two separate times for two hurricanes. In recent years, large hurricanes to Central Florida have been more common. So one closure for one hurricane should be squarely within the realm of a standard Q4 or Q1 experience now for Disney. This would be like me saying, Hey, it took me longer to get home today after work because there was traffic--as there's heavy traffic most days here at 5pm. Nothing new.

This sounds like a misunderstanding on how quarterly reports work.

The report was comparing this last quarter to the same quarter last year and that is it. Anything listed on the report is trying to explain the difference between those two things. Disney lost a cruise ship sailing and a full day of parks at WDW in Q1 2025 (10/24-12/24) due to a hurricane vs. Q1 of 2024 (10/23-12/23) where none of that happened. Hence why it is mentioned.

Without it people are making comparisons with incomplete information.