DIS Shareholders and Stock Info ONLY

[RivShore]

This years media predictions...

https://www.cnbc.com/2022/12/18/media-executive-predictions-2023-netflix-disney-nfl.html

I had forgotten that last year, one of the predictions was the return of Iger...I think most of us chuckled at that "remote" possibility:
This is the second annual CNBC media predictions list. Last year’s correctly predicted Bob Iger’s return to Disney as CEO.

 

[wabbott]

Predictions all over the map on Avatar 2

https://variety.com/2022/film/box-office/avatar-2-box-office-opening-weekend-1235464497/
Box Office: ‘Avatar: The Way of Water’ Dominates With $134 Million Domestic Debut, $435 Million Globally

https://www.hollywoodreporter.com/m...the-way-of-water-opens-box-office-1235284282/
Box Office: ‘Avatar 2’ Opens to $134M, Behind Expectations But Still Sizable
James Cameron's big-budget tentpole will need strong legs in North America over the year-end holidays. Globally, it launched to $435 million.

https://deadline.com/2022/12/avatar...a-global-international-box-office-1235198763/
‘Avatar: The Way Of Water’ Splashes Out With $435M Global Opening – International Box Office

 

[wabbott]

Right around the corner.

https://www.nasdaq.com/market-activity/stocks/dis/earnings

DIS Earnings Date
Earnings announcement* for DIS: Feb 8, 2023

Walt Disney Company (The) is estimated to report earnings on 02/08/2023. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 7 analysts' forecasts, the consensus EPS forecast for the quarter is $0.78. The reported EPS for the same quarter last year was $1.06.

 

[vjbhatia7782]

It will be interesting to see the effect of Bob Iger and Avatar 2 on the share price. Personally, i feel they need to improve the parks experience and stop treating it a cash cow. They seem to be putting all their resources in Disney Plus to get Netflix like valuation.

 

[wabbott]

Wall Street doesn't like the Avatar numbers, apparently.

87.43-2.65 (-2.94%)
As of 10:46AM EST. Market open.
https://finance.yahoo.com/quote/DIS?p=DIS

 

[vjbhatia7782]

I think Avatar land in Animal Kingdom is beautiful however , I think Disney made a mistake acquiring the rights to this franchise. It doesn’t seem to belong in Disney. Is there any big demand for Avatar merchandise for kids and or adults? I don’t think it has long lasting love that like Harry Potter does. Harry Potter will be remembered for decades, and Avatar will be forgotten.

 

[RivShore]

Wall Street doesn't like the Avatar numbers, apparently.

87.43-2.65 (-2.94%)
As of 10:46AM EST. Market open.
https://finance.yahoo.com/quote/DIS?p=DIS

The long term chart looks like we have not seen these levels since 2014-15. Crazy, that since then they absorbed Fox, gained 2/3rds ownership of Hulu, created one of the largest streamers from scratch, opened a new park and countless rides, lands and a few new ships...and it all equals zero to the share price. Oh and not to mention we have experienced 26% inflation since then. Yikes!

 

[wabbott]

The long term chart looks like we have not seen these levels since 2014-15. Crazy, that since then they absorbed Fox, gained 2/3rds ownership of Hulu, created one of the largest streamers from scratch, opened a new park and countless rides, lands and a few new ships...and it all equals zero to the share price. Oh and not to mention we have experienced 26% inflation since then. Yikes!

At the margins, there has to be some fall off of movie ticket sales because of inflation's pinch. So far, park attendance seems to be holding up. We'll see.

 

[wabbott]

https://www.cnbc.com/2022/12/19/disney-shares-fall-after-avatar-opening-weekend-comes-in-soft-.html

Disney shares fall following softer-than-expected ‘Avatar’ opening weekend
Published Mon, Dec 19 2022 - 2:38 PM EST
Lillian Rizzo@Lilliannnn

Key Points

• Disney shares fell, hitting a 52-week low, after the latest Avatar movie installment fell short of box office expectations over the weekend.
• Disney stock is down more than 40% in the last year.
• The company is in the midst of restructuring its streaming business after Bob Iger returned as CEO in November.

In this article

• DIS-4.22 (-4.68%)

Shares of Disney dropped on Monday following a weaker-than-expected opening box office weekend for James Cameron’s “Avatar: The Way of Water.”

Disney shares were trading down more than 4% at around $86 each, hitting a 52-week low for the company that has seen its stock fall more than 40% in the last year.

Industry analysts pegged the long-awaited “Avatar” sequel as a box office winner for Disney and are viewing the holiday season as a make-or-break period for the film.

The film notched $134 million at the domestic box office during its opening weekend, falling short of analyst expectations of $175 million and Disney’s own forecast of between $135 million and $150 million.

Still, box office analysts aren’t concerned yet. Internationally, “Way of Water” raked in $300.5 million, bringing its total opening weekend number to $434.5 million. The original film, released in 2009, made just $77 million during its first weekend but went on to become the highest-grossing film of all time.

In the backdrop, Disney has been facing challenges since the start of the pandemic, when movie theaters and theme parks were shut down for months. The movie theater industry is still crawling back, with the exception of hits like Paramount Global’s “Top Gun: Maverick.” Disney theme-park goers have also been contending with rising prices.

While Disney’s stock had risen during the pandemic when former CEO Bob Chapek helped weather the storm — reaching above $200 per share at one point in 2021 — it has since fallen.

Chapek and Disney have faced scrutiny in recent months, particularly over the company’s performance. During its most recent quarterly earnings report, Disney fell short of profit and key revenue segment expectations, with both its media and parks divisions missing estimates. At the time, Chapek warned Disney’s streaming business may also see tapered growth in the future.

Shortly after, Disney’s board ousted Chapek and reinstalled Bob Iger as CEO of the company. Soon after being reinstated, Iger released some of Chapek’s top lieutenants and said the company would focus on a restructuring of its media division.

 

[vjbhatia7782]

Disney is trying to do many things at once and is too big and bloated. They are hanging on to their nostalgia and only occasionally producing new content that will be relevant decades from now. Think about what us fans enjoy the most....classic rides and classic characters. They need to create more original, wholesome and family friendly content while at the same time navigating the tricky culture wars. Disney plus can be a hit for the, eventually if the costs of creating content can be controlled while still growing subs. They need to ditch a lot of their irrelevant businesses and focus on their core competencies and a couple of growth drivers for the future.

 

[wabbott]

The long term chart looks like we have not seen these levels since 2014-15. Crazy, that since then they absorbed Fox, gained 2/3rds ownership of Hulu, created one of the largest streamers from scratch, opened a new park and countless rides, lands and a few new ships...and it all equals zero to the share price. Oh and not to mention we have experienced 26% inflation since then. Yikes!

I wonder what Chapek's plans were with streaming and the metaverse? Do you think he bought into the now-fashionable idea that human animals are going to interact in the future via online only, and that personal contact would be less and less? (In the Year 2525) And that DIS needed to be positioned to provide entertainment primarily through those medium and that parks and experiences would fade away?

If so, a very risky business strategy, imo. Humans are social animals and are hard-wired that way. I cite as evidence the damage done to many people from the covid shutdowns. We HAVE to have each other. Hermits don't live long lives.

Mrs. wabbott and I were talking about that this morning, and I asked would she like to visit WDW or DLR/DCA if we were the only guests. Her almost instant reply, "That wouldn't be any fun!" I agreed.

I can't lay my hands on the exact quote from Walt Disney from the 1955 opening of DLR when he brought his grandkids to the park the night before. One of them said something to the effect that they wished that it could be deserted and they could have the run of the place. His reply was something like this: "Wait 'till all the people get here. That's when the magic will begin."

 

[RivShore]

I wonder what Chapek's plans were with streaming and the metaverse? Do you think he bought into the now-fashionable idea that human animals are going to interact in the future via online only, and that personal contact would be less and less? (In the Year 2525) And that DIS needed to be positioned to provide entertainment primarily through those medium and that parks and experiences would fade away?

If so, a very risky business strategy, imo. Humans are social animals and are hard-wired that way. I cite as evidence the damage done to many people from the covid shutdowns. We HAVE to have each other. Hermits don't live long lives.

Mrs. wabbott and I were talking about that this morning, and I asked would she like to visit WDW or DLR/DCA if we were the only guests. Her almost instant reply, "That wouldn't be any fun!" I agreed.

I can't lay my hands on the exact quote from Walt Disney from the 1955 opening of DLR when he brought his grandkids to the park the night before. One of them said something to the effect that they wished that it could be deserted and they could have the run of the place. His reply was something like this: "Wait 'till all the people get here. That's when the magic will begin."

Agreed!

I actually remember Chapek getting into the (high level) metaverse plans (might have been on CNBC) and I think it was not at all in line with Meta's vision (which is slowly falling apart anyway). He was talking about a merging of the real world and the metaverse - like you would be walking around the park and characters would pop up and interact. No way they were not planning on parks being replaced by the virtual world, thankfully.

 

[RivShore]

Here's some relevant comments from him, mostly in line with what i remembered:


But he was a little more bearish on the metaverse, or at least the vision seemingly preferred by Meta Platforms Inc.

“I don’t think you will ever be able to have a substitute for the theme park experience,” he said, noting that a day-long experience with food, shopping and live experiences is unlikely to be replicated in a virtual environment.

He did, however, offer one potential example of how Disney could play in the space.

He noted that guests sometimes decide to get off Disney World and Disneyland rides during the attraction, spurring closures or delays.

“Through the magic of technology, we can give you the ability to exit your ride vehicle virtually … And see what makes the Haunted Mansion tick,” he said, adding that a user could then be served the new Haunted Mansion movie on Disney+.

https://www.hollywoodreporter.com/b...-profits-metaverse-movie-theaters-1235258725/

 

[RivShore]

Here's some relevant comments from him, mostly in line with what i remembered:


But he was a little more bearish on the metaverse, or at least the vision seemingly preferred by Meta Platforms Inc.

“I don’t think you will ever be able to have a substitute for the theme park experience,” he said, noting that a day-long experience with food, shopping and live experiences is unlikely to be replicated in a virtual environment.

He did, however, offer one potential example of how Disney could play in the space.

He noted that guests sometimes decide to get off Disney World and Disneyland rides during the attraction, spurring closures or delays.

“Through the magic of technology, we can give you the ability to exit your ride vehicle virtually … And see what makes the Haunted Mansion tick,” he said, adding that a user could then be served the new Haunted Mansion movie on Disney+.

https://www.hollywoodreporter.com/b...-profits-metaverse-movie-theaters-1235258725/

This one had some more details on their metaverse plans:

https://www.thestreet.com/investing...e-new-market-metaverse?puc=yahoo&cm_ven=YAHOO

 

[RivShore]

This years media predictions...

https://www.cnbc.com/2022/12/18/media-executive-predictions-2023-netflix-disney-nfl.html

I had forgotten that last year, one of the predictions was the return of Iger...I think most of us chuckled at that "remote" possibility:
This is the second annual CNBC media predictions list. Last year’s correctly predicted Bob Iger’s return to Disney as CEO.

I had to go back and look at the 2022 prediction of Iger's return, it was spot on...

Executive No. 2: Bob Iger returns to Disney as CEO​

It hasn’t even been two years since Bob Chapek took over as Disney’s CEO. But one executive told CNBC there are already internal wagers at Disney about Iger returning.
Iger, 70, repeatedly extended his contract after planning to retire in 2015, 2016 and 2018 before abruptly stepping down in 2020. He’s still Disney’s executive chairman until the end of the year.
It’s unclear if Iger wants to return. He’s already working on a second book, according to The Hollywood Reporter, after publishing one in 2019.
But Disney shares have stumbled this year, down nearly 20% year to date. Iger owns a lot of those shares. The board and Iger may get restless if Disney+ growth stagnates and the company continues to have turf tensions between executives.

https://www.cnbc.com/2021/12/18/10-...vents.html?qsearchterm=media 2022 predictions

 

[wabbott]

I recall those remarks from Chapek about new ways to experience WDW attractions. I have to believe he took his eye off the ball and neglected the parks. My opinions and observations only.

 

[Jrb1979]

I recall those remarks from Chapek about new ways to experience WDW attractions. I have to believe he took his eye off the ball and neglected the parks. My opinions and observations only.

Yes he did but it's not like Iger did much for the parks either.

 

[Cfabar1]

Avatar numbers were a miss, and with a movie like this WS is worried about drop-off from week to week. We are going Wednesday, we had to find a good time that fit into our schedule. It is a long movie, and we are also traveling a bit to see it in IMAX, something we would not do for other films ordinarily.

Additionally, we took today to be a day to buy more DIS stock…. The prices seem way too low. So much fear is being priced in in my view.

 

[New Mouse]

Avatar numbers were a miss, and with a movie like this WS is worried about drop-off from week to week. We are going Wednesday, we had to find a good time that fit into our schedule. It is a long movie, and we are also traveling a bit to see it in IMAX, something we would not do for other films ordinarily.

Additionally, we took today to be a day to buy more DIS stock…. The prices seem way too low. So much fear is being priced in in my view.

Wall Street experts that predicted this movie would do better aren't very good at what they do.

 

[clarker99]

Yes he did but it's not like Iger did much for the parks either.

Pandora
Cars Land
Galaxy’s Edge x 2
Toy Story Land
Avengers Campus
Shanghai

¯\_(ツ)_/¯

All green lit under Iger. I am sure there was more. The man wasnt afraid to spend money.

Tron, Mickey and Minnies, Ratatouille, Guardians and the Epcot overhaul also approved on his watch (I think).