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Disney’s Q3 FY23 Earnings Results Webcast
- Thread starter DCBaker
- Start date
CaptainAmerica
Premium Member
Regarding attendance: There's always a lot of talk about the "Easter Shift" because Easter can happen in March, but that shouldn't be a factor when comparing FY22 to FY23 because Easter was mid-April in both.
What part was better?
Domestic Parks were a disaster.
Theatrical productions were a mess.
D+ has lost around the cost of 2.5 cruise ships so far this year.
TheMaxRebo
Well-Known Member
Guess they aren't spending out of the low attendance
"Disney spent $1.54 billion on capital projects at domestic parks in the first nine months of their year. This is down from $2.23 billion for the same period last year."
"Disney spent $1.54 billion on capital projects at domestic parks in the first nine months of their year. This is down from $2.23 billion for the same period last year."
In the past 9 months, Disney spent $1.5B on domestic parks Capex.
CaptainAmerica
Premium Member
I mean D+ was always supposed to lose money in the beginning. That's not, itself, a problem.
I am, that's true. But bookings continue to be soft, from what we read around here (you may know more that you can't share, of course, I am privy to nothing). It doesn't feel like the parks are going to make the next quarterly report look better, either, and there won't be the Starcruiser write-down to use as an excuse.
I sincerely want this to be a time of learning for TDO and others in DPEP upper management, but I have little faith that it will happen the way it should happen - Examine offerings and make quality and value the top priority. Stop using bandaids to cover up gaping wounds.
Yeah, my calendar brain was off. I'm tired...
Slpy3270
Well-Known Member
Netflix crushed earnings estimates weeks ago and yet the stock has been flat since then because they missed revenue targets.
Very short playlist. 
I'd like to know what in the blue hell they spent a billion and a half on in the US parks on for CapEx in the last 9 months. Moana, rebuilding half a building at Epcot... Tron? MMRR in Cali? Genuinely wondering. I can't come up with much, but again, I'm tired.
Interim?!
CaptainAmerica
Premium Member
Three businesses will drive growth:
Film studios
Parks
Streaming
Film studios
Parks
Streaming
unprecedented
headwinds
headwinds
CaptainAmerica
Premium Member
That was known.
the_rich
Well-Known Member
True but the issue with Netflix is they only have one revenue stream. So it's becoming harder for them to keep revenue up because they are pretty saturated. Thats why I think they are going to try to get live sports so they can sell ads. Disney has so many more streams to draw from.
Unprecedented Demand was laid off.
Studios: we're working on budgets, making them better, using more pay windows
Disney Analyst
Well-Known Member
Why does Iger always have a froggy voice these days? I hope he has gotten his throat checked.