Disney’s Q3 FY23 Earnings Results Webcast

[Sir_Cliff]

I think people need to stop looking at the share price as some sort of objective gauge of the company's health.

 

[monothingie]

I think people need to stop looking at the share price as some sort of objective gauge of the company's health.

How about box office?

 

[Trauma]

How about box office?

Nope.

You have to look at something that’s going amazing.

For example…

Uhh I’ll get back to you.

 

[BrianLo]

The same exact charlatan that said that Disney would hit 260 million subs in a couple years is now saying it will be profitable in a couple years.

I don’t need spin I need results.

This was actually a Chapek claim. Iger was supposedly quite disgruntled over the matter that he put the cart ahead of the horse to pump the stock.

Chapek had to embarrassingly wind back the subscriber count and is now of course gone.

 

[Sir_Cliff]

How about box office?

Well, what do you think?

 

[MisterPenguin]

Well Netflix added 6 million subs.

D+ lost 11.7 million.

Before you even start with the spin they DID lose domestic subs and the number will accelerate when we get a price increase.

Disney+

Domestic subs ARPU is $7.31.
Domestic subs decreased by 300,000 (a 0.6% decline).
Monthly loss of revenue: $2.2M

International subs ARPU (excluding India) is $6.01.
International subs increased by 1,100,000.
Monthly increase of revenue: $13.2M

India subs ARPU is $0.59.
India subs decreased by 12,500,000.
Monthly loss of revenue: $7.4M

=================

Total increase of monthly revenue = $13.2 - $2.2 - $7.4 = $3.6M increased revenue per month.

Subscription fee revenue went *up*.


============

Additionally,

• Disney is also getting ad money for the ad-supported tier
• the sub fee of D+ is going to go up, and those that won't pay the increase can switch to the ad-supported tier
• the ad-supported sub brings in more money than those paying the premium price
• when Hulu is fully integrated into D+, the bundle can easily rival Netflix's much higher sub fee
• If D+Hulu was charging Netflix's premium sub fee right now, it'd be throwing a profit, too

 

[Indy_UK]

It’s a mini pump and dump…

 

[MisterPenguin]

Q3 FY23 Earnings Presentation

Supplemental Information for Direct-to-Consumer

 

[Sirwalterraleigh]

I think people need to stop looking at the share price as some sort of objective gauge of the company's health.

…I’ve got Gordon gecko holding on line 2 for you…

 

[JoeCamel]

$DIS popped 2-3% after Iger came back too.

This report was at best a mixed bag. Perhaps you saw investors buying in on the cheap.

Sweater Boi mentioned the D word

 

[doctornick]

My point was more that there a still some markets that D+ is not in that could provide for some additional subscriber growth in the future. Most are relatively poor of course so wouldn’t be huge revenue generators but could provide more sub numbers for people who care about that. Some like Iran could be a source of not insignificant money though.

Most surprising country that Disney+ isn’t in: Cyprus. They are an EU member and the streamer surely already has Greek language support so I wonder what is the holdup there

 

[LSLS]

Nope.

You have to look at something that’s going amazing.

For example…

Uhh I’ll get back to you.

Let it be known from this day forward, the only metric for the success of Disney shall be the revenue of Shanghai Disney (and it will only be used when switching from 3 days open a week to fully open).

 

[Lilofan]

e

I think people need to stop looking at the share price as some sort of objective gauge of the company's health.

Not really . I've worked for companies where when the stock price is up staff morale is up, we feel that we are contributing to the goals of the division, etc, 401K is up, staff recognition on the upswing etc . When stock price is down, we see the effects- budgets are cut, doing more with less, layoffs, items are not being fixed, staff morale sucks, it shows in the unsatisfactory performance that we give our customers , etc

 

[Sirwalterraleigh]

e
Not really . I've worked for companies where when the stock price is up staff morale is up, we feel that we are contributing to the goals of the division, etc, 401K is up, staff recognition on the upswing etc . When stock price is down, we see the effects- budgets are cut, doing more with less, layoffs, items are not being fixed, staff morale sucks, it shows in the unsatisfactory performance that we give our customers , etc

It’s ridiculous

Only Disney fans try to move goalposts like this

For 15 years is was: “look at the stock price!!! Bob is so good I can’t keep my pants dry!!!”

And for the last 12 months it’s:

“Don’t be small minded and worry about stock price…Bob is doing much more important stuff that worrying about stock price”


It’s really insane…and always comes back to the same two things

 

[wdisney9000]

TWDC needs Brantly Foster. And it's uncanny how similar Bob Iger and Howard Prescoot look.

 

[HauntedPirate]

TWDC needs Brantly Foster. And it's uncanny how similar Bob Iger and Howard Prescoot look.

But who would be Aunt Vera, Willow?

 

[wdisney9000]

But who would be Aunt Vera, Willow?

Has she swam laps from here to the moon in that pool?

 

[Sirwalterraleigh]

…there are undoubtedly dozens of people scratching their heads right now…

…cause there’s never been a live action remake of a multiverse version

 

[ABQ]

Nope.

You have to look at something that’s going amazing.

For example…

Uhh I’ll get back to you.

I hear frozen lollipop sales are through the roof from the cart in Tomorrowland at Hong Kong Disneyland.

 

[SamusAranX]

When they are presenting the revenue, profit, etc from parks division; does that include domestic only or all parks (Paris, Japan, etc) ?