Disney’s Q3 FY24 Earnings Results Webcast

[doctornick]

OK whatever you say.

LL is not needed and folks can ride any attraction they wish whenever they want to, free of charge.

With the crowds being what they have been, waits are often tolerable. When I went in June without G+I don't think I waited more than 45 minutes at the worse for anything. That even included a mid morning ride on 7DMT which was only about 20 minutes (they had 30 or 40 minutes posted).

Actually, the worse waits where for Cosmic Rewind using the VQ.

Not saying we didn't wait, but there was nothing that was unbearable. We stayed on property though and did arrive early to the parks and stayed most of the day most days. And of course, we timed things so that we avoided the longest lines when they were at their peak opting to do shorter wait things at those times.

 

[Disstevefan1]

Disney Says It Might Have to Pay Comcast up to $5 Billion More to Buy Out Hulu​

Both Comcast and Disney wins as Comcast gets more money and Disney desperately needs Hulu to help its streaming business.

 

[GhostHost1000]

Disney Says It Might Have to Pay Comcast up to $5 Billion More to Buy Out Hulu​

Both Comcast and Disney wins as Comcast gets more money and Disney desperately needs Hulu to help its streaming business.

ah man... there goes the new popcorn bucket R&D budget

 

[doctornick]

Disney Says It Might Have to Pay Comcast up to $5 Billion More to Buy Out Hulu​

Both Comcast and Disney wins as Comcast gets more money and Disney desperately needs Hulu to help its streaming business.

It's not set yet that Comcast will "get more money". It is going to arbitration and a third party to provide valuation - the result will end up costing Disney anywhere between $0 and $5B more.

 

[Disstevefan1]

With the crowds being what they have been, waits are often tolerable. When I went in June without G+I don't think I waited more than 45 minutes at the worse for anything. That even included a mid morning ride on 7DMT which was only about 20 minutes (they had 30 or 40 minutes posted).

Actually, the worse waits where for Cosmic Rewind using the VQ.

Not saying we didn't wait, but there was nothing that was unbearable. We stayed on property though and did arrive early to the parks and stayed most of the day most days. And of course, we timed things so that we avoided the longest lines when they were at their peak opting to do shorter wait things at those times.

When I lose the VQ lottery I must purchase a LL if I want to ride that attraction (if they are not sold out), right?

 

[Disstevefan1]

It's not set yet that Comcast will "get more money". It is going to arbitration and a third party to provide valuation - the result will end up costing Disney anywhere between $0 and $5B more.

Well Disney is rooting for $0, lets see what happens.

 

[doctornick]

When I lose the VQ lottery I must purchase a LL if I want to ride that attraction (if they are not sold out), right?

Well, you could try again at 1PM which is usually not as difficult to attain. But I'll be honest we never missed getting a 7am VQ when we tried.

 

[Disstevefan1]

Well, you could try again at 1PM which is usually not as difficult to attain. But I'll be honest we never missed getting a 7am VQ when we tried.

Yup, just gotta keep trying. Too bad there is no standby.

The days of getting on any ride you wish at any time you choose (even if that means standby) are gone forever.

 

[Jrb1979]

Yup, just gotta keep trying. Too bad there is no standby.

The days of getting on any ride you wish at any time you choose (even if that means standby) are gone forever.

According to everyone here that's what people want. Waiting in standby is for suckers

 

[HauntedPirate]

According to everyone here that's what people want. Waiting in standby is for suckers

Disney wants fewer people in the parks, because that will increase revenue. So sayeth the only person here who knows all things Disney Parks- and business-related.

 

[Disstevefan1]

According to everyone here that's what people want. Waiting in standby is for suckers

 

[Disstevefan1]

Disney wants fewer people in the parks, because that will increase revenue.

Disney math.

This is apparently the same math they use in their movie business and streaming business.

 

[Jrb1979]

Disney wants fewer people in the parks, because that will increase revenue. So sayeth the only person here who knows all things Disney Parks- and business-related.

I have to laugh every time so hear that line. From day one the Disney Parks were built on having massive crowds to fill the parks.

Money is not made on tickets but guests buying, food, drinks and merch.

They never kept up capacity for the rise in attendance.

 

[Disstevefan1]

Money is not made on tickets but guests buying, food, drinks and merch.

A happy side effect of LL.

Folks who cant get on rides buy food, drinks and merch.

 

[Sirwalterraleigh]

Better link (not behind NYT paywall):

Disney’s Parks Struggle, Exposing a New Trouble Spot

In Disney’s seemingly never-ending game of corporate Whac-a-Mole, a new trouble spot has arisen: Americans — battered by years of

dnyuz.com

If anyone reads this and thinks things are “good” for parks…you are 5150

 

[DisneyCane]

Yup, just gotta keep trying. Too bad there is no standby.

The days of getting on any ride you wish at any time you choose (even if that means standby) are gone forever.

VQ should only be for brand new (under a year old), high demand, headliners to prevent people from re-riding and making the waits crazy long. After 1 year maximum, everything should have a standby line that you can wait in if you want to ride and are willing to wait however long the line is.

 

[Disstevefan1]

If anyone reads this and thinks things are “good” for parks…you are 5150

My initial thought is, "great the parks will be less crowded for ME"

My worry is they make deep cuts everywhere in the parks, making it worse for the guests.

 

[Laketravis]

If anyone reads this and thinks things are “good” for parks…you are 5150

This should be all anyone needs to read to realize that they will continue to reduce value in order to preserve profit. Every $1 they cut is the equivalent of increasing revenue by $3. It is the sort of short sided, stubborn and misguided near term focus that does far more long term damage than good:

"Revenue increased 2 percent from a year earlier, to $8.4 billion, while operating profit declined 3 percent, to $2.2 billion. Disney blamed a “moderation of consumer demand” that “exceeded our previous expectations,” along with higher costs. Disney said softening demand “could impact the next few quarters.”


Disney added that it was “aggressively managing our cost base.”

 

[Sirwalterraleigh]

This should be all anyone needs to read to realize that they will continue to reduce value in order to preserve profit. Every $1 they cut is the equivalent of increasing revenue by $3. It is the sort of short sided, stubborn and misguided near term focus that does far more long term damage than good:

"Revenue increased 2 percent from a year earlier, to $8.4 billion, while operating profit declined 3 percent, to $2.2 billion. Disney blamed a “moderation of consumer demand” that “exceeded our previous expectations,” along with higher costs. Disney said softening demand “could impact the next few quarters.”


Disney added that it was “aggressively managing our cost base.”

Mmmmhmmm…

Now…shall we scan the wide expanse of Disney fandom that expects to be getting $60,000,000,000 in new toys to enjoy…simply because they think this braintrust (used very loosely) loves them?

Take a look at that from the Birds Eye view…they can’t even get people there now. Pour money on it?

 

[Laketravis]

Mmmmhmmm…

Now…shall we scan the wide expanse of Disney fandom that expects to be getting $60,000,000,000 in new toys to enjoy…simply because they think this braintrust (used very loosely) loves them?

Take a look at that from the Birds Eye view…they can’t even get people there now. Pour money on it?

Exactly. Just look at the math. Less people spent 2% more yet despite insanely higher prices across the board, profit still declined 3%.

Adding more value isn't even on the bean counters list of remedies.