Disney’s Q3 FY23 Earnings Results Webcast

[GhostHost1000]

Some a-hole: Bob, why don't you spin off the parks into a separate company?

Bob: Shut up, a-hole.

Apple CEO? lol

 

[MisterPenguin]

Q: Why not split the company? Also, ESPN, what's your streaming intention that may be different than the way it is on linear.

Bob: No comment on splitting the company. And were working ESPN's future. Esp. "strategic partnership" to increase content and better marketing and distribution.

 

[brb1006]

Is that sarcasm?

Yes it is.

 

[TsWade2]

Yes it is.

I sadly thought so.

 

[TheMaxRebo]

Iger: "We would love to have the margins that Netflix has."

I mean, maybe start by not spending $200m+ on 6 episodes of Secret Invasion?

 

[Slpy3270]

So apart from saying "any deal regarding the networks should keep content flow to streaming", they didn't say a damn thing about the network-selling rumors.

 

[the_rich]

So apart from saying "any deal regarding the networks should keep content flow to streaming", they didn't say a damn thing about the network-selling rumors.

I can't see them selling any of the core networks.

 

[MisterPenguin]

Q: If you get D+ profitable, how you're going to get it more profitable? Also Hulu buy-out, what's up?

A: D+ is pretty new compared to Netflix, so, we're still working on the balance. And we just did a major cost reduction to make margins better. We're optimistic.

CFO: Hulu... we got $11.5B in cash another 10B in credit and more positive cash coming in. So, the $9.2B minimum to buy out Hulu is no big deal.

 

[Slpy3270]

I can't see them selling any of the core networks.

I don't see them selling any networks, apart from maybe their 50% stake in A&E.

 

[TsWade2]

So far I haven't heard the announcement of Wish yet. That maybe a good sign that it will not be delayed.

 

[el_super]

So far a lack of Parks questions. I think investors are pretty happy with how the parks are being run right now.

 

[GhostHost1000]

So far a lack of Parks questions. I think investors are pretty happy with how the parks are being run right now.

Then they haven’t been post Covid

 

[Slpy3270]

Iger says he's hoping to put out a "modest" dividend by the end of the year.

I don't think investors like hearing that.

 

[CaptainAmerica]

I can't see them selling any of the core networks.

I mean they definitely are so...

 

[MisterPenguin]

Q: WRT ESPN... what kind of partners?

Bob: We're not looking for cash partners, but partners to move it solely to streaming.

CFO: Growth is big.

 

[MisterPenguin]

Q: Will you drop Hotstar and other unprofitable international concerns?

Bob: We've been looking at markets and their profitability. That may mean investing big, or small, or not all. Have to treat each individually.

 

[CaptainAmerica]

Some a-hole: Bob, why don't you spin off the parks into a separate company?

Bob: Shut up, a-hole.

New a-hole: Hold my beer.

Bob, why don't you sell the whole friggin company?

 

[el_super]

Then they haven’t been post Covid

No, but the people that just spent billions of dollars there last quarter have.

 

[MisterPenguin]

Q: Apple buy out of the whole company? Also, will you be exclusive with PENN BET?

A: Bob: no comment on a buy out.

CFO: we won't be exclusive in ad content from other gambling conerns.

 

[TsWade2]

Well, that's not as bad as I thought it would be. Maybe not perfect, but I think Disney will do fine.