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Disney's Investor Day 2020 (December 10th, 2020)
- Thread starter brb1006
- Start date
Slpy3270
Well-Known Member
That'll only happen if ESPN+ gets as much subscribers as the linear ESPN nets. Not sure about that yet.
Disney Irish
Premium Member
Read, we're waiting for the existing contracts to expire then full speed ahead.
Slpy3270
Well-Known Member
They gotta milk as much money from those contracts as they can.
Disney Irish
Premium Member
Agreed. However the longer term strategy is pretty clear based on what we've seen today. A unified global streaming service. It'll take a number of years to get there, but the writing has been on the wall for awhile now. Star was a major piece that lined up today, now got to get the rest in line.
Does anyone really believe Disney is going to lose money on streaming in 2021? They must be assigning almost all of Disney+'s revenue to the studios. Think of it this way, last quarter Disney had about 4.4 billion in revenue from Direct to Comsumer with 120 million subscriptions. They are projecting 360 million subscriptions in 2024. That would bring in more than 3 times that or 13.2 billion per quarter, which is 52.8 billion a year. Take away 16 billion for new content and that still leaves 36.8 billion for other expenses. Even if Disney spent 16 billion in operating expenses. it leaves 20 billion in profits to split between the streaming services and the studios. Plus this is without the price increases. Even just $1.00 a month per service with 360 million subscribers it results in another 4.32 billion in revenue.
They're spending billions on content and on infrastructure into every continent they move into.
erasure fan1
Well-Known Member
A few of my thoughts. First I pretty well loved the whole marvel segment. The only thing in that slate that I was meh on, was Ironheart. I just don't like that one. I trust Feige, so I'm keeping an open mind.
Second, The star wars segment was a complete letdown. I already figured we would get an Ahsoka spinoff. We already know about Andor, obi wan and bad batch as well as the Taika film. You can tell they have no clue what to do with the films. Rogue squadron could be awesome, but the next franchise for star wars it's not. Maybe it's the Taika film but it would have been nice to get at least a few details.
Second, The star wars segment was a complete letdown. I already figured we would get an Ahsoka spinoff. We already know about Andor, obi wan and bad batch as well as the Taika film. You can tell they have no clue what to do with the films. Rogue squadron could be awesome, but the next franchise for star wars it's not. Maybe it's the Taika film but it would have been nice to get at least a few details.
It is accounting. Unless we know how much Disney+ is paying to the studios per customer, we will never know exactly what Disney+ makes. The only number they give is spending on new exclusive content and that was $2 billion last year. Disney doesn't even breakdown the revenue each service provided. It is interesting that Disney is increasing the price in Europe 2 Euros a month for the addional Star content, that is $2.43 a month. Anyway, I look at the 87.8 million customers paying an average of 4.52 a month and that brings in $4.77 billion. Take away the $2 billion they spent on new shows and $1 billion in operating expenses and that leaves $1 for the studios. But if they pay the Studios $2.00 a month per customer they would pay $2.107 billion and lose $1.107 billlion. However, the studios would still have the $2.107 billion, which is significantly higher than what Netflix paid them. When Disney+ gets to 260 million customers, their revenue would be $24.9 billion at $7.99 a month. They would pay the studios $6.24 billion plus $9 billion for content and have a $9.66 billion to pay for operations and profit. That is just from Disney+ and with an RPU of $7.99 in 2024.
Yea. People need to realize the parks wont be running at full capacity again in a long time. Even with a vaccine. Many experts have called 2021 the year of the vaccine given the time its going to take to get the vaccine out there. It makes sense from Disney's pov to focus on streaming. Even once COVID is under control and life goes back to some sort of normal. Theme parks will never be Disney's main focus again. That's the sad truth of it.
Based on the movie release dates Disney gave, they expect the theaters to get back to normal by May.
This thread kept up a running report til the bitter end. Just scroll back up.
Disney Irish
Premium Member
Hence the big push to DTC. This is going be a huge revenue driver for the company moving forward.
Wouldn't surprise me tbh. And Disney likely know more than we do re the vaccine to. Which is why AT&T's HBO Max announcement was so dumb and short sighted.
Giss Neric
Well-Known Member
This Walt Disney Company Investor Day is putting last year's lackluster D23 Expo to shame.
BrianLo
Well-Known Member
To be fair the actual animated film slate is fairly original as far as the last decade is concerned.
All the Disney Animated movies are original and arguably Pixars' one aberration out of four they showed is not a sequel/prequel either.
BrianLo
Well-Known Member
Last years film and D+ D23 presentations were actually pretty good? Half of this stuff was revealed there. This just combined what was two keynotes into one.
It was the parks keynote people were critical of, not really the media ones.