No more audio...
Yep appears to be silence.No more audio...
I think the reason disney is slowly turning Hulu into almost nothing is that it has almost no footprint outside of the states, as they've been using Star in its place for most countries (merging Hulu's tech stack into Disney+'s will also probably save a ton of money too). They're probably overpaying for the remaining bits they don't own, but it doesn't make sense to operate multiple streamers at the same time (Sony's doing fine with that strategy, but AMC's small army of niche streamers isn't doing that hot outside of Shudder).Hulu is destined to become fully integrated on D+ as a blade on the Home Screen. It seems many believe that effectively killing Hulu will not be a good thing.
ESPN is a disaster that’s only going to get worse with no solution short of breaking it up and selling it piecemeal or finding a large tech company to buy it outright.
Indeed the important part:*Disney+ and Hulu combined were profitable.
Core ARPU is where it's at. Everything else is just a distraction. Disney DTC missed on this quarter with ARPU because of Charter. Is it sustainable?We’ll see how it shakes out today. The headline number is bad but also influenced by a huge write down on their Indian business that they more or less own by accident. The traders haven’t had their coffee yet.
Seems like the broader realization maybe that upward movement on DTC, especially without any compelling content for the foreseeable future is going to weigh things down.I’m not saying it will wind up positive, just that tracking for premarket earnings can move.
Canary in the coal mine. It's a major problem for them, especially with all the new stuff not even announced and years out from seeing a guest. They've pushed many guests away because of the their desire to extract maximum revenue from them. Will they ever come back? Will new guests replace them?I think the most concerning new news in the earnings as an investor is the softness in domestic hotel demand. Especially at Disneyland which is historically always sold out.
ESPN+ lost $18 million. You can't really say (though they tried) if we remove *this* part of our business, we made money!Disney Streaming Comes Close to Profitability in Latest Quarter, Disney+ Subscribers Surge
The Bob Iger-led company's combined streaming business only lost $18 million in the quarter, as Charter's new deal with the company caused subs to rise and average revenue per user to fall.www.hollywoodreporter.com
Disney+ was profitable!
Fat finger?Stock had a climb for the past two days and after closing. The pre-market this morning went down and coming back up. A large amount of trading just took place bringing it up to where it was just two days ago.
And someone has a huge order in for $117 and so it's bouncing back and forth between 110 and 117. Crazy.
View attachment 783727
It is *part* of the calculus. You can make up for discounted subs if you gain substantially more.Core ARPU is where it's at. Everything else is just a distraction. Disney DTC missed on this quarter with ARPU because of Charter. Is it sustainable?
GAAP says the $2B write down is a drag on earnings. The IRS says it isn’t. They’re taxed on the higher number but report as a percentage of the lower one.Woah, what did they do to cause this rather large jump in the effective tax rate? Typical corp tax rate is 21%
View attachment 783732
Question:It is *part* of the calculus. You can make up for discounted subs if you gain substantially more.
Despite ARPU going down, revenue went up. So, that's the definition of 'working.'Question:
Do the wholesale Charter subs actually use it? (affects ad revenue)
Do the wholesale Charter subs cancel a retail account (full price) in favor of the "free" offering to them?
It's becomes a game of diminishing returns.
Canary in the coal mine. It's a major problem for them, especially with all the new stuff not even announced and years out from seeing a guest. They've pushed many guests away because of the their desire to extract maximum revenue from them. Will they ever come back? Will new guests replace them?
Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.