Casper Gutman
Well-Known Member
Sure.
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Disney (and others) at the Box Office - Current State of Affairs
- Thread starter Disney Analyst
- Start date
TP2000
Well-Known Member
Just to have this data nugget during inevitable discussions about box office flops getting money from Disney+ subscriptions to subsidize losses, here's some fun stats from today's earnings call.
Disney+ Global Subscribers by Fiscal Quarter
Q3 2022 = 152.1 Million
Q4 2022 = 164.2 Million, gain of +7.9%
Q1 2023 = 161.8 Million, loss of -1.5%
Q2 2023 = 157.8 Million, loss of -2.5%
Q3 2023 = 146.1 Million, loss of -7.4%
Yup, this is fine.
finance.yahoo.com
www.forbes.com
Disney+ Global Subscribers by Fiscal Quarter
Q3 2022 = 152.1 Million
Q4 2022 = 164.2 Million, gain of +7.9%
Q1 2023 = 161.8 Million, loss of -1.5%
Q2 2023 = 157.8 Million, loss of -2.5%
Q3 2023 = 146.1 Million, loss of -7.4%
Yup, this is fine.
Disney+ subscribers decline as company's streaming loss narrows
Disney reported earnings after the bell on Wednesday. Here's what to know.
Disney+ Sheds Record 11.7 Million Subscribers, Announcing Price Increase And Password Crackdown Coming
Disney earnings: More than doubles last quarter's decline, with most in India, though some is domestic. CEO Bob Iger promises a password crackdown in 2024.
www.forbes.com
Can you find where I s to stated or insinuated covid did not impact films in theaters?
All I was doing was clarifying the defining terms in that discussion. I Love to count free guy. Just add it to the list of bankable movie star quality that I was saying still exists.
Casper Gutman
Well-Known Member
So how much money did D+ lose compared to last year? Is it doing better or worse then analysts expected?Just to have this data nugget during inevitable discussions about box office flops getting money from Disney+ subscriptions to subsidize losses, here's some fun stats from today's earnings call.
Disney+ Global Subscribers by Fiscal Quarter
Q3 2022 = 152.1 Million
Q4 2022 = 164.2 Million, gain of +7.9%
Q1 2023 = 161.8 Million, loss of -1.5%
Q2 2023 = 157.8 Million, loss of -2.5%
Q3 2023 = 146.1 Million, loss of -7.4%
Yup, this is fine.
Disney+ subscribers decline as company's streaming loss narrows
Disney reported earnings after the bell on Wednesday. Here's what to know.Disney+ Sheds Record 11.7 Million Subscribers, Announcing Price Increase And Password Crackdown Coming
Disney earnings: More than doubles last quarter's decline, with most in India, though some is domestic. CEO Bob Iger promises a password crackdown in 2024.
TP2000
Well-Known Member
Disney just lost $512 Million dollars on Disney+ in the three months of Q3, 2023.
Imagine the budgetary bloodbath and cancelled projects if the Parks division lost "only" $512 Million every 3 months.
Disney Irish
Premium Member
Context is key my friend.Just to have this data nugget during inevitable discussions about box office flops getting money from Disney+ subscriptions to subsidize losses, here's some fun stats from today's earnings call.
Disney+ Global Subscribers by Fiscal Quarter
Q3 2022 = 152.1 Million
Q4 2022 = 164.2 Million, gain of +7.9%
Q1 2023 = 161.8 Million, loss of -1.5%
Q2 2023 = 157.8 Million, loss of -2.5%
Q3 2023 = 146.1 Million, loss of -7.4%
Yup, this is fine.
Disney+ subscribers decline as company's streaming loss narrows
Disney reported earnings after the bell on Wednesday. Here's what to know.Disney+ Sheds Record 11.7 Million Subscribers, Announcing Price Increase And Password Crackdown Coming
Disney earnings: More than doubles last quarter's decline, with most in India, though some is domestic. CEO Bob Iger promises a password crackdown in 2024.
Those losses you're pointing out are for the cheaper subs in India with D+/Hotstar which has an average ARPU of $0.59.
D+ actually GAINED 800k subs in the higher cost subs, which has an average ARPU of $6.01 up from $5.93 last quarter.
So yeah they lost some subs which weren't adding to the bottom line, but gained 800k of the subs that do add to the bottom line.
Also D+ losses decreased quarter over quarter, now only $512M.
They are still posed to hit profitability in FY2024 based on this trajectory.
Disney Irish
Premium Member
D+ has always been, since day one, stated to take 5 years to get to profitability.
They are on target to hit that.
I believe or Was you that mentioned Encanto was a flop despite going to Disney plus quickly and some families still nervous about Covid…if not I apologize
erasure fan1
Well-Known Member
Quick question to start. Why do you always say that when someone questions your hypocrisy? You are telling people what they are saying isn't accurate. But your information is no more accurate than anybody else's. That's my observation about what you said. And by your response, it seems I'm right.
Dead reckoning is 100% a financial flop at the box office right now. So I guess it isn't no one. Conservative numbers would say it needs to hit just over 700mil to break even. I'd put it much higher because I don't think marketing was on the lower end. It makes sense that people are more found of it than Indy. Just compare the audience and critic's scores. MI DR is in the high to mid 90s on RT, Indy not so much.
Maybe it did hit what the analysts thought it would opening weekend. Who cares, it only did 60mil. That's awful for a movie of that budget and profile. I'd say that between the 2 MI is talked about more favorably because (1) people liked it more, and (2) its about 130mil ahead of Indy on a pretty comparable budget. But all that means is MI is the faster sloth.
BuddyThomas
Well-Known Member
What exactly is your goal here in continuously bashing Disney on a Disney fan board over and over again? I’m not saying you don’t have company in doing this. You do. Many. Too many. They should answer this as well. Isn’t there something better to do with one’s time than lurk on a Disney fan board and then bash everything about Disney? There must be a Six Flags thread or a Dollywood board or something that you would enjoy more. Oh well. At least you loved a completely and totally 100% woke Barbie Film, as did I.Just to have this data nugget during inevitable discussions about box office flops getting money from Disney+ subscriptions to subsidize losses, here's some fun stats from today's earnings call.
Disney+ Global Subscribers by Fiscal Quarter
Q3 2022 = 152.1 Million
Q4 2022 = 164.2 Million, gain of +7.9%
Q1 2023 = 161.8 Million, loss of -1.5%
Q2 2023 = 157.8 Million, loss of -2.5%
Q3 2023 = 146.1 Million, loss of -7.4%
Yup, this is fine.
Disney+ subscribers decline as company's streaming loss narrows
Disney reported earnings after the bell on Wednesday. Here's what to know.Disney+ Sheds Record 11.7 Million Subscribers, Announcing Price Increase And Password Crackdown Coming
Disney earnings: More than doubles last quarter's decline, with most in India, though some is domestic. CEO Bob Iger promises a password crackdown in 2024.
I'm very consistent in my beliefs. It's not hypocrisy by any means. And your information is often quite wrong. People like you always inflate the break-even point to absurd levels. Often this happens when a film is reaching the actual break-even point. But that's not good for your narrative, which calls for the movie being a flop. So you shift the goalposts and go, "Well, actually..." You do this so you can never be wrong., and the narrative of "Disney in disarray can endure," even though it's a zombie lie.
The fact is that Marvel is on a hot streak, Lucasfilm is doing very well, Star Wars is a beloved, evergreen franchise, and Pixar's films are top rate as ever. But trolls can't accept that, and the media parrots their takes, broadcasts these lies further. And "a lie is halfway around the world before the truth has even got its pants on." Well, truth is a marathon, not a sprint. And then short sellers work in tandem to drive the stock price artificially lower. It would still be $115 a share without the shorts.
People love to put the company down, have ever since Eisner's days, out of jealousy, spite, and wanting to sink it. "How dare they keep succeeding?" That's what started when they trashed Pocahontas and lied about what the studio said to promote it, and it continued from there. It basically has been that way ever since. The difference is that Eisner overreacted to the criticism and made it come true with his micromanaging and interference. Iger knows better than that, and that's why his tenure has done so much good.
Disney is not in a "death spiral" by any means. It never will be. Disney is doing quite well, and impressively so. Can it be better? Of course. No one's perfect. After all, I merely said Haunted Mansion COULD end up a slow bloomer like Elemental has been to get into the black. I didn't say it WOULD. I personally think it can, but we'll see. But anyone can stand to improve, and Disney is no different, naturally.
But the fact that Iger did an admirable pivot regarding the strikes earlier today, has brought Mayer and Staggs back to the point they might be in the running to succeed again, might eventually bring Lasseter back to Pixar where he belongs, and has likely also told the studio to reach out to Johnny Depp to bring him back for Pirates, beginning the long, slow and steady dance that will eventually lead to a sealing of the deal, shows that he's being quite methodical in this. When the four-year process ends, Disney is going to be in an even better position. Iger beat back all the odds after Eisner, when the company was in far worse shape than this, and he'll do it again now.
For supposed fans, they always have a peculiar way of showing it. If you show your support and how pleased you are, like I have, you get called either a troll or a shill, a bootlicker for unfettered capitalism who is just content to consume product endlessly. Nothing could be further from the truth. I have discernment and taste, like everyone else. But I'm a meat and potatoes guy, it doesn't take much to necessarily impress me, and I have never lost sight of my inner child and sense of wonderment, hence Disney is able to keep impressing me.
Now, fans can certainly criticize moments and times that aren't so good. I'm not denying that. But there's a difference between criticism and unceasing negativity. And unceasing negativity is what people have when they say "Metallica sold out and hasn't done anything good since Master of Puppets in '86," "George Lucas raped my childhood," "Disney ruined Star Wars," "Marvel is running out of steam," and "Disney is in disarray." None of that is true, and the people that keep saying all of this are either trolls deliberately sowing discord, or sheep that follow the prechewed narrative unquestioningly. A fan is more discerning than that, points out that things are peaks and valleys, not just one rise and one fall.
BuddyThomas
Well-Known Member
You are far from being a troll or a shill.
Well, it's nice to see someone who thinks so. Thanks!
erasure fan1
Well-Known Member
This statement is exactly my point. Show me exactly what information I have given that is so wrong. The answer is, you can't. Because none of us have all the information. You say my information is wrong, all while giving information that is 100% as speculative as anyone elses. That's the hypocrisy.
I've never said it was. Do I think they are in a stage of creative bankruptcy? Yea, I do. As someone who has been following Disney for over 40yrs, I expect and want them to do better. But I'm not going to let my fandom blind me when there are issues. The look you give off is of a gatekeeper. If you don't think everything Disney is doing is fantabulous, you aren't a real fan.
I hope you're right. I never thought they should have gotten rid of Lasseter. My push back is it was Iger that messed it all up in the first place. So it's a bit hard to put money on he's some sort of changed man. Look, I hope you're right and he does fix the mess he created. I just have to see it before I believe it. And if he does I'll eat the crow. And trust me, I'd love to be wrong on this.
I'm going to go out on a limb and say it's because of how confrontational you are. The moment someone says anything against Disney, Marvel, Lucasfilm... You immediately start in with the calling people trolls, they're liars, they're not true fans... It's great you think haunted mansion might find some legs, and yea it very well might. But as of now it is failing, and pretty hard at that. But when someone says it, you pounce. The numbers are there and you have no valid information outside of your opinion, just like everyone else, that the movie will bounce back.
Jedijax719
Well-Known Member
Question regarding LFL. The big complaint is that the sequels had no vision and outline. It is true. But the question is have they learned? Does Mandalorian have a vision or clear pathway either?
Why is it so hard to create story ideas with the end in mind or actually START with the end and go back from there?
Why is it so hard to create story ideas with the end in mind or actually START with the end and go back from there?
What I've said is what I've shown. I'm under no obligation to lead you and hold your hand. There's information out there you can search for and look, and you'll be able to find defenses for Marvel and Lucasfilm a plenty. But you gotta know where to look, especially because the algorithm boosts all the negativity so it appears more frequently. You have to dive deep. But it's not my job to draw an X on the map.
You ever heard the expression "Figures lie and liars figure?" That's what happens with all the inflating budgets and break-even points on here, or cherry-picking data regarding subscriptions. Such as the fact that while overall, there are streaming subscription membership losses, most of those are in India, but North America added considerably in the meantime. The context is stripped away, and the data is pulled out, so you can trot them out and say "Look, the picture is bad, see? SEE?!"
I "show" you that it's wrong and I tell you. But I also encourage you to look and find it. And you know damn well if I gave you a very lengthy, detailed explanation of everything, nailed all the specifics and gave footnotes and mountains of evidence, people like you will ignore it condescendingly with "TL;DR" and mocking memes, pretend I said nothing at all. So it's a lose-lose situation.
If anything people like you are gatekeepers, not me. Gatekeepers are the people that say "Disney ruined Star Wars" and "Metallica sucks since '86" and the like. These are the people that run into cults and dare to call themselves real fans and anyone else is a pretender, a sheep, a shill, a brainless zombie mindless consuming product. They determine themselves to be utterly superior to everyone else and to know what a true fan is, and the rest of us strike them as heretical.
I never said you can't criticize or say something is wrong, but most of what masquerades as criticism here and on similar areas comes in lazy memes, myths, zombie lies and bad faith. They see absolutely no nuance in everything. Going back to Metallica, someone who is more inclined to embrace and epitomize fandom says "The Black Album is good and ISN'T mainstream, Load and ReLoad should've been condensed into one album, St. Anger is the nadir of the band but necessary to keep them alive, Death Magnetic was an incredible comeback if marred by artificially loud mastering that is a bit jarring, and the last two albums since then they've gotten the balance right." That kind of nuance is missing. It applies equally to everything else. And it's not telling people "Line up and consume your empty calorie garbage."
To answer "Why do you care? Why do you respond the way you do?" It's simple: To leave a paper trail so that there is a record of the truth, so it isn't smothered and buried under all the backbiting negativity and doomsaying and clickbait garbage.
TP2000
Well-Known Member
Stating facts and data about their current situation on one of their core products is not "bashing", it is stating facts and data about their current situation on one of their core products. You may be upset about those facts as a shareholder, but that doesn't make them untrue.
Right now, for about the 4th year in a row, Disney+ continues to lose hundreds and hundreds of millions of dollars every 3 months. Specifically, today they announced that in Q3 '23 they just lost another $512 Million on Disney+, and their subscribers declined by 7.4%. Thats's a Billion or more per year they're losing on Disney+. As a longtime Disney fan, I find that very alarming.
Don't you?
And I still can't figure out how Disney+ will ever pencil out for them, to be honest.
Disney+ Global Subscribers by Fiscal Quarter
Q3 2022 = 152.1 Million
Q4 2022 = 164.2 Million, gain of +7.9%
Q1 2023 = 161.8 Million, loss of -1.5%
Q2 2023 = 157.8 Million, loss of -2.5%
Q3 2023 = 146.1 Million, loss of -7.4%
Disney Irish
Premium Member
And context still matters my friend.
Those subscriber losses that you keep pointing out are primarily for the cheaper subs in India with D+/Hotstar which has an average ARPU of $0.59.
D+ actually GAINED 800k subs in the higher cost subs, which has an average ARPU of $6.01 up from $5.93 last quarter.
So yeah they lost some subs which weren't adding to the bottom line, but gained 800k of the subs that do add to the bottom line.
So no I don't find that alarming at all, for a subscription service to be profitable the goal is to have more subscribers that have a higher APRU, ie spend more. So they can shed all the lower ARPU subs as far as I'm concerned as long as they keep gaining on the subs that have a higher ARPU.