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Disney’s Q3 FY23 Earnings Results Webcast

MisterPenguin

President of Animal Kingdom
Premium Member
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.
 

MisterPenguin

President of Animal Kingdom
Premium Member
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.
 

MisterPenguin

President of Animal Kingdom
Premium Member
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.
 

MisterPenguin

President of Animal Kingdom
Premium Member
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.
 

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