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Disney’s Q3 FY23 Earnings Results Webcast
- Thread starter DCBaker
- Start date
S&P Affirms Disney A- Credit Rating, Positive Outlook Despite “Strategic Uncertainties” After Bob Iger Interview
A recent interview Bob Iger gave to CNBC held out the possibility of a major overhaul at the media giant.
deadline.com
Willmark
Well-Known Member
You’re (likely) going to be disappointed in that.
Never mind then. I’ll skip it.
BrianLo
Well-Known Member
How exactly will the streaming write downs manifest on the quarterly earnings? Are they a separate line item? Will D+ report a one-off 2+ billion quarterly loss?
Or is it functionally the opposite since the money was already 'spent' that it is like a tax credit?
Asking legitimately because the former would send the market into a tailspin I assume.
Or is it functionally the opposite since the money was already 'spent' that it is like a tax credit?
Asking legitimately because the former would send the market into a tailspin I assume.
Didn't they all happen after Jun 30? If so, they won't be on the 3Q reports.
networkpro
Well-Known Member
- In the Parks
- Yes
Well I'm sure that the recent spat of forbes articles is gonna attract attention.
www.forbes.com
Ant-Man and the Wasp: Quantumania.
May's The Little Mermaid.
Indiana Jones and the Dial of Destiny in June.
Secret Invasion
$965 million and doesnt include post-production costs. For those not inside the paywall.
The 4 Flops Of 2023 That Cost Disney $1 Billion
Disney has revealed that it spent $965 million on four of its most high-profile streaming and film flops this year.
www.forbes.com
May's The Little Mermaid.
Indiana Jones and the Dial of Destiny in June.
Secret Invasion
$965 million and doesnt include post-production costs. For those not inside the paywall.
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BrianLo
Well-Known Member
No they were removed May 26th and the SEC filing was May 30th.
Disney Takes $1.5B Write-Down After Removing Shows Off Disney+ and Hulu
The entertainment giant pulled more than 30 shows off its streaming services on May 26.
www.hollywoodreporter.com
BrianLo
Well-Known Member
Well I'm sure that the recent spat of forbes articles is gonna attract attention.
The 4 Flops Of 2023 That Cost Disney $1 Billion
Disney has revealed that it spent $965 million on four of its most high-profile streaming and film flops this year.
It's behind a paywall. What are the four films they are citing and the math on that?
Magic Crush Drop
Active Member
I'm here to listen to Iger screw up the strike
Dude, really? Give him a break!
networkpro
Well-Known Member
- In the Parks
- Yes
I'll be listening for any explanation of how they could spend an average of $953,000 a minute on Secret Wars for D+ .
CaptainAmerica
Premium Member
Unless you want Netflix to be $50, you should be rooting for Iger.
James122
Well-Known Member
I'm sure they will find some way to spin the dual strikes as a positive thing with regards to freeing up cash flow, the same way that Warner Bros Discovery did the other day when they bragged on their earnings calls about the strikes saving them over $100 million in Q2.
Considering Iger's recent comments about the actors and writers being unrealistic about their demands, I would expect him to brush off any talk about the strike with something like " This is not the situation we wanted and we hope this will be resolved soon" - completely playing down the fact that the very organization that represents his company (the AMPTP) are the ones who are prolonging the strikes by refusing to negotiate with the both WGA and SAG-AFTRA.
Considering Iger's recent comments about the actors and writers being unrealistic about their demands, I would expect him to brush off any talk about the strike with something like " This is not the situation we wanted and we hope this will be resolved soon" - completely playing down the fact that the very organization that represents his company (the AMPTP) are the ones who are prolonging the strikes by refusing to negotiate with the both WGA and SAG-AFTRA.
Magic Crush Drop
Active Member
Netflix isn't going to be $50 and you know it.