Disney Q4 and Full Year Earnings for 2020

[rteetz]

Disney will no longer discuss fox separately as they are now integrated within Disney.

 

[rteetz]

The Disney board will forgo the dividend.

 

[rteetz]

They expect Disneyland to remain closed through at least the end of Q1 2021. Theatrical results will be down for Q1 2021 as well due to no big films coming out.

 

[dina444444]

They expect Disneyland to remain closed through at least the end of Q1 2021. Theatrical results will be down for Q1 2021 as well due to no big films coming out.

That’s to be expected given Q1 ends in like 6/7 weeks.

 

[TheMaxRebo]

The Disney board will forgo the dividend.

That will hurt the stock but I think is good messaging as the executives would benefit a lot from a dividend so that is a bit of a "hit" they will take

 

[rteetz]

Disney will start reporting under their new structure beginning in Q1 2021.

 

[rteetz]

Question time!

 

[rteetz]

https://twitter.com/x/status/1327007724664745986

 

[rteetz]

Question 1 is about ESPN and content rights. Then a second about content output with DTC.

 

[CastAStone]

https://thewaltdisneycompany.com/disneys-fiscal-full-year-and-q4-2020-earnings-results-webcast/
Report will be available later this afternoon. Call begins at 4:30PM EST.

At this cash burn rate, Disney will run out of money decades after I’m dead. Can we put the Disney is going bankrupt narrative to bed forever now?

Open parks had a net positive on the quarter.

Noice

73M D+ subs.

Wow.

Disney highlights close to capacity bookings for thanksgiving week.

I will be very interested to see what that looks like. I think it will feel mobbed. I also worry it’ll become problematic.

https://twitter.com/x/status/1326996652838817793

I know I’ve been accused of being a Disney honk but seeing that stock price even I think

 

[TheMaxRebo]

Question time!

need at least one really intricate question about the plotline in Mandalorian and how it doesn't match some obscure book or something

 

[rteetz]

Disney believes they have the most desirable library.

 

[rteetz]

Question about what they learned about Mulan as premium.

Second question on the parks losses.

Chapek says they were pleased with what they saw with Mulan. The title met with controversy but saw positives. Talk more at investor day. Soul is about great content for base level subscribers and see it as a nice holiday gesture.

 

[rteetz]

They are very encouraged by what they are seeing with parks and resorts. They are becoming more efficient with the parks. Disney is becoming more creative with park capacity limits as well.

 

[rteetz]

https://twitter.com/x/status/1327009654015193089

https://twitter.com/x/status/1327009654245908480

 

[SaintsManiac]

https://twitter.com/x/status/1327009654015193089

Now we can all discuss whether he's telling the truth or not...

 

[hereforthechurros]

Disney highlights close to capacity bookings for thanksgiving week.

Parks or resorts? Both maybe?

 

[rteetz]

Parks or resorts? Both maybe?

I believe that noted hotel bookings. Reminder that this does not include closed hotels only open ones.

 

[Mit88]

Considering there’s 2 different % numbers, I think it’s safe to say Bobby has been full of it all along. It’s 35%. Wait or is it 30%?

 

[rteetz]

Considering there’s 2 different % numbers, I think it’s safe to say Bobby has been full of it all along. It’s 35%. Wait or is it 30%?

It’s 35%