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Disney’s Q3 FY21 Earnings Results Webcast
- Thread starter DCBaker
- Start date
skypilot2922
Well-Known Member
Eh? - i’m not the person who apparently lives rent free in a bunch of people’s heads, I would like to meet that person though to find out why people like you hate that person so much.
As for predicting Disney’s failure, well i think all the media companies will fail and be absorbed by big tech. The ‘media’ will be Apple, Amazon and Google.
SamusAranX
Well-Known Member
Not really.
The casuals will still buy the Disney mystique, or as Eisner would say "a Disney World that always is but never was".
Again, attendance has climbed year after year despite changes and servings of gruel heaped onto the hardcore (i.e. us who post here).
Let me get this straight....
You predict all media companies will fail. That means that their business model doesn't work and they aren't profitable.
But, you then predict that tech companies will buy these failed, unprofitable ventures... for what? To drag down their own profits?
You continue to make no sense.
Sirwalterraleigh
Premium Member
No…
they certainly have no problem bleeding the name now…but 5 years isn’t accurate.
20 maybe
el_super
Well-Known Member
Getting bought out isn't really failure. Unless you're suggesting that the failure is in Disney not moving back into tech?
Disney's streaming revenue for Disney+, ESPN+ and HULU based on just the recurring RPU numbers is now $1,374,461,000 a month. That is $16,493,532,000 a year.
Disney streaming still has many countries to expand in and grow their service. Given their current streaming revenue and expected growth over the next 18 months, with rate increases, including over 10 million of us paying $4.00 a month for our 3 year contract, Disney's total streaming revenue for just the 3 regular services will be over $32 billion a year in 2023. Disney will not only survive but will prosper beyond most peoples expectations. Remember that the vast majority of tis money goes to the Studios for the programming, so even with $32 billion a year in revenue, don't expect more than a 10% profit or $3.2 billion.
Parks and Resorts will also do better than most people expect. Using a combination of extra benefits for staying onsite vs offsite and addition paid fast passes and boarding groups, the parks should easily make record profits.
The movie and tv studios will also make record profits. Remember most of the money from Disney+ will go to the studios and cover almost all the production costs for all their TV and Movies.
Disney streaming still has many countries to expand in and grow their service. Given their current streaming revenue and expected growth over the next 18 months, with rate increases, including over 10 million of us paying $4.00 a month for our 3 year contract, Disney's total streaming revenue for just the 3 regular services will be over $32 billion a year in 2023. Disney will not only survive but will prosper beyond most peoples expectations. Remember that the vast majority of tis money goes to the Studios for the programming, so even with $32 billion a year in revenue, don't expect more than a 10% profit or $3.2 billion.
Parks and Resorts will also do better than most people expect. Using a combination of extra benefits for staying onsite vs offsite and addition paid fast passes and boarding groups, the parks should easily make record profits.
The movie and tv studios will also make record profits. Remember most of the money from Disney+ will go to the studios and cover almost all the production costs for all their TV and Movies.
TYOTimer
Well-Known Member
This picture just makes Chappie look like a grown up Boss Baby, and that’s truly terrifying
ImperfectPixie
Well-Known Member
Iger doesn't look to pleased in that grab, either...
A few random musings from the 10-Q:
- Domestic hotel occupancy 50% in the quarter, avg guest spending per roomnight: **$375**
- It appears they plan to publish a total domestic attendance year-over-year % change and spending per capita % change in their quarterly reports moving forward
- Sales of DVDs etc are down 50% vs last year. Presumably due to D+
- It’s not a great sign for the fate of the remaining Disney Stores that they’ve closed a zillion of them and there’s no hint of an impact to revenue anywhere in the quarterly statement
- Disney reduced their debt load by about $3bn, or 5%, so far this fiscal year. Which is good to see.
- Parks actually lost $208M despite what you may have read on the less literate sites. PEP made money but parks did not. Domestic Parks made $2M but foreign parks lost over $200M
Oh also at current trajectories TWDC will have more total streaming subs (across three platforms) than Netflix (across 1) by this time next year.
skypilot2922
Well-Known Member
The legacy networks have no reason for existing any longer, At one time they were newsgathering and advertising bundlers which shared their central resources with local affilliates who made their money selling advertising. With the virtual demise of OTA television including direct broadcast satellite. Now newsgathering is local and is aggregated by big tech and big tech collects the lions share of advertising dollars.
Disney will fail because instead of making a beneficial merger with Apple or Amazon they have opted to go it alone in the tech world and we all know how well Disney does tech...
NBC is already part of comcast, CBS while they have compelling programming the CBS corporation is a dead man walking due to the decades of Redstone family feuding, They will be snapped up by someone sooner than later. That leaves Disney/ABC being last they will get the terms dictated to them rather than controlling the deal
skypilot2922
Well-Known Member
It's their PRODUCTS which are valuable, tech companies can automate much of the content production and distribution and even sales, It's the ossified corporate structures and their legions of cost accountants which add no value and will be discarded.
Which companies are creating scripted dramas hint it's not ABC/CBS/NBC or the Cable channels all they are creating is 'reality TV' never thought I'd see the day when Amazon, Hulu and Netflix are producing better TV than the legacy media companies.
el_super
Well-Known Member
Yeah .... which is why Disney is transitioning to streaming. That's not a sign of failure.
The tech isn't as critical as the content. The whole reason a Apple/Disney or Google/Disney merger would make sense, is for a tech company to seize control of Disney's content and act as a distributor of it. Disney doesn't get anything real tangible in return, since Disney+ is already available on Apple/Google/Amazon products.
AND AGAIN, that's not really a sign of failure if they get bought up... lots of companies are founded on the principal of eventually being bought by a bigger fish. Maybe it's a sign of failure, but not on Disney's part.
el_super
Well-Known Member
LOL... wut? Amazon making CGI shows with machine learning?
The most cutting edge content production to date is occurring on Disney+ (the mandalorian).
skypilot2922
Well-Known Member
In this case I was talking about news and weather - both are commercially valuable and both can be produced with a high level of automation.
el_super
Well-Known Member
OK ... maybe the weather but not really the "news" in a traditional sense. But really what does that have to do with Disney failing? They don't make their money on selling news and weather.
skypilot2922
Well-Known Member
ABC is a big part of Disney as is ESPN but box scores can be collected and displayed via automation as can highlights from a game yes it requires a small amount of human input as to what snippets to promote but beyond that automation.
el_super
Well-Known Member
So you're suggesting that Disney will eventually fail because Amazon could create their own automated Sportscenter?