Do you have a source for that $60B that isn't a Comcast executive?
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Disney’s Q3 FY23 Earnings Results Webcast
- Thread starter DCBaker
- Start date
Indy_UK
Well-Known Member
Disney will sink money into Disney+ now but say they got the same number of subscribers as Netflix, isn’t it then just going to stagnate and aim will just to keep the subscribers you have?
DVC direct sales are certainly slow. Just got an email from my guide who I have never met with current incentives, $5k discount on 150 points at the Grand Flo if I fancied dropping $28k
DVC direct sales are certainly slow. Just got an email from my guide who I have never met with current incentives, $5k discount on 150 points at the Grand Flo if I fancied dropping $28k
JD80
Well-Known Member
D+ will want to get to the point where they can maximize ad-tier and keep a rolling profit selling ads but now they have probably better viewer data to be able to sell more expensive targeted ads.
Why isn't Netflix stagnating, then?
Indy_UK
Well-Known Member
Netflix aren’t I don’t think (I don’t follow Netflix) but surely flat income from Disney+ is what Disney will want. It’ll like mentioned, it will probably come from more expensive ad revenue
Drdcm
Well-Known Member
They sort of did for a bit until they squeezed out more subscribers via password crackdowns.
“Business, uh, finds a way”
Minnesota disney fan
Well-Known Member
We are collecting the classic disney DVD's and online movies, and have a pretty good collection so far. The classics can't be replicated, IMO>
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.
If I were advising Netflix, I would say up the price a bit, with the economy sliding more and more, more people will be forced to choose one or the other and they will drop D+ for lack of content and ads.
I was the shortest hulu subscriber ever. about 4-5 years ago I signed up for Hulu and it was about 5 buck ish and it came with the 1st 30 days free trial yada yada cancel before 30 days and not be billed... I clicked on a TV show and wham I got hit with an Ad in like 3 minutes. Cancelled immediately... I lasted about 8 mins total..
Point being, for me, its D+/hulu at $20/mo or netflix at $15.50 is a no brainer..
flynnibus
Premium Member
First) Netflix added on the back of converting shared accounts to paid sharing - not really organic growth. And it's only 2.5%. They even call this out in their forecast where they see the bulk of their revenue growth next quarter coming from higher avg sub price (aka added sharing prices).
Second) You can't just dismiss the domestic/international split of D+'s reporting. Disney (mistakenly) has grouped these services together and is now paying the price. Expect further spinouts in the future to separate this stink even further.
Third) Netflex has over 230M subs... where do you get D+ being at that level? It's no where close.
Fourth) While D+ domestic lost subs, it was 0.06% loss. If you are beating the drum over less than 1% delta while Disney still works on converting all it's packages and migration from bundles... well then I think you're just predisposed to see the negative.
TrainsOfDisney
Well-Known Member
Disney company combined subs is close. At one time it was higher than Netflix but not sure if it currently is.
flynnibus
Premium Member
I mean, these aren't hard things to find... Adding Hulu + D+ is disingenuous for this discussion as Hulu is the legacy product with it's own base.
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.
TrainsOfDisney
Well-Known Member
“The Disney streaming service, comprised of Disney+, Hulu and ESPN+, reported 221 million customers at the end of its fiscal year third quarter of 2022, beating out Netflix's subscriber count of 220 million for the same period.” - Forbes
Sir_Cliff
Well-Known Member
Eh, I prefer to contain the criticism to where it's warranted. Buying Pixar and Marvel is not where Iger went wrong.
Sirwalterraleigh
Premium Member
No it Isn’t
Beating it into the ground and not replenishing the creative pipe with bad initiatives might be…
And chasing quarterlies at the expense of shrinking his client pool
flynnibus
Premium Member
Forbes… or reading the actual financials.
I’m good with my statement
$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.
Sirwalterraleigh
Premium Member
It’s a mini pump and dump…this has happened numerous times over the last couple of years…it’s an easy way for the computers to make $5 a share.
Neither Disneys numbers…nor the overall economic numbers…are good this week
Ask yourself: why would a 2 year slide be corrected at all by these sorry numbers?