Disney sees studio revenue soar 21% after 'Black Panther' crushed expectations

[winstongator]

https://www.cnbc.com/2018/05/08/disney-earnings-q2-2018.html

DIS official earnings report: https://www.thewaltdisneycompany.com/wp-content/uploads/2018/05/q2-fy18-earnings.pdf

I was curious to see how the Parks & Resort segment did considering how much busier it seemed in January & Early Feb than prior years. Parks revenue up 13% from prior year quarter and profits up 27%.

I was skeptical of ESPN & cable TV's overall demise, but it's been rapid the past few years. It is pinched by declining subscribers and increased programming costs from the long-term contracts they've signed for sports. On the flip side, you've seen increased revenues and investment in the parks and studio entertainment. Where ESPN was the giant piece of revenue and earnings, it is becoming the parks and studios. This is a transformational change, which is cemented with the Fox deal.

Higher operating income at our domestic parks and resorts was primarily due to increased guest spending, attendance growth at Walt Disney World Resort and higher sponsorship revenue, partially offset by increased costs.

 

[GhostHost1000]

I was curious how that would end up after a Wrinkle in Time bombed - I saw that coming... not sure why they didn't

 

[seascape]

I was curious how that would end up after a Wrinkle in Time bombed - I saw that coming... not sure why they didn't

Because the company is too politically correct.

 

[GlacierGlacier]

I think it's expected that Avengers will do the same. Solo may drag it down a bit, but that thing is a crazy money printer at this point.

 

[Yellow Strap]

Because the company is too politically correct.

 

[winstongator]

I think it's expected that Avengers will do the same. Solo may drag it down a bit, but that thing is a crazy money printer at this point.

I think solo will do well. Avengers crushed it. I heard they were doing 1am showing some places!

They are going to keep making movies from those franchises as long as people keep going.

 

[winstongator]

I think it's expected that Avengers will do the same. Solo may drag it down a bit, but that thing is a crazy money printer at this point.

They should reboot the X-men cartoons too

 

[Tony the Tigger]

Because the company is too politically correct.

...or because it was up against their own Black Panther, which clearly no one expected.

Was BP “Too politically correct” as well?

 

[wdisney9000]

Removing the Christianity narrative for starters. It was an essential piece of the overall story.

 

[xdan0920]

I was curious how that would end up after a Wrinkle in Time bombed - I saw that coming... not sure why they didn't

I doubt they planned on making a bad movie. Sometimes you just swing and miss.

 

[DznyGrlSD]

Yay...more IPs for the parks

/Sarcasm

 

[Rteetz]

Iger also mentioned he believes its inevitable they will build more parks in new markets including China.

 

[jakeman]

What does this directly have to do with WDW?

 

[Rteetz]

What does this directly have to do with WDW?

It's their quarterly earnings report. It has everything to do with everything in the company.

Domestic guest spending was up and resort occupancy was at 90%.

 

[jakeman]

It's their quarterly earnings report. It has everything to do with everything in the company.

Domestic guest spending was up and resort occupancy was at 90%.

We have a section of the forum for quarterly earning reports:

https://forums.wdwmagic.com/forums/disney-co-news-discussion.31/

I can understand pulling out the Parks and Resorts section for discussion here, but do we need yet another thread in WDW News and Rumor adjudicating ESPN, the studios, and, eventually, the stock buyback program?

 

[Rteetz]

We have a section of the forum for quarterly earning reports:

https://forums.wdwmagic.com/forums/disney-co-news-discussion.31/

I can understand pulling out the Parks and Resorts section for discussion here, but do we need yet another thread in WDW News and Rumor adjudicating ESPN, the studios, and, eventually, the stock buyback program?

Honestly I only visit this section.

That said I tend to mainly look at the parks and resorts aspect as well as the earnings call where reporters ask questions about the company over all. It isn't a bad thing to look at the company overall in the grand scheme of things IMO.

 

[disneygeek90]

Yay...more IPs for the parks

/Sarcasm

I think we can actually thank Universal for sparing WDW from (most) superhero IP's.

 

[winstongator]

We have a section of the forum for quarterly earning reports:

https://forums.wdwmagic.com/forums/disney-co-news-discussion.31/

I can understand pulling out the Parks and Resorts section for discussion here, but do we need yet another thread in WDW News and Rumor adjudicating ESPN, the studios, and, eventually, the stock buyback program?

I looked for it, but couldn't find it. Sorry for the extra post.

I searched quarterly earnings and did not find the link you mentioned. I hadn't spent any time in that section.

 

[jakeman]

I looked for it, but couldn't find it. Sorry for the extra post.

Apologies if my post came across a bit harsh.

We just seem to talk more about Iger and the larger company than actual WDW items in this forum nowadays and most of it is just proletariat fist shaking or armchair Warren Buffeting.

 

[larryz]

Honestly I only visit this section.

You should get out more.