Walt Disney Company Q3 Earnings Report

[Brianstl]

https://twitter.com/x/status/1290756123788705792

Chapek is being more honest than most CEO's in this. This is admitting that more than COVID is the problem with the parks.

 

[rteetz]

Wait, what is STAR? Is it a new announcement? Will it be international? Will disney+ be losing Nat Geo etc content to it?

International product.

 

[butterscotchcollins]

Chapek is being more honest than most CEO's in this. This is admitting that more than COVID is the problem with the parks.

How do you figure?

 

[TwoMisfits]

If it fails sure it is. If successful they will do more of this no doubt.

So, we make it fail...got it. I'll do my part to not get ripped off...

 

[rteetz]

https://twitter.com/x/status/1290759167737815044

 

[TwoMisfits]

https://twitter.com/x/status/1290759167737815044

Yeah, I'm still waiting to hear the news that gets me to re-up vs all the news that seems to encourage me to take a 6-12 month break and swap services for a year before swapping back...

 

[hertamaniac]

Wait, what is STAR? Is it a new announcement? Will it be international? Will disney+ be losing Nat Geo etc content to it?

More details:

https://whatsondisneyplus.com/disney-to-launch-star-streaming-service/

 

[TheMaxRebo]

looks like could be some delays to the Marvel Disney+ shows

https://twitter.com/x/status/1290759639718662144

 

[dina444444]

Wait, what is STAR? Is it a new announcement? Will it be international? Will disney+ be losing Nat Geo etc content to it?

It's basically international Hulu, but with only Disney owned product (ie. 21 Century, Disney Studios, ABC, etc.). It's being called Star as Hulu doesn't have brand awareness outside of the US.

 

[skeeter31]

Chapek was just talking about pay VOD for Disney+ going forward. Wonder if once/if movies return to theaters if they will first release them to Disney+ as pay VOD and then later release them for free on Disney+.

 

[Brianstl]

How do you figure?

Consumer confidence is an economic term referring to the feelings of consumers related to the current and future economic conditions. It is Chapek saying that the economic picture needs to improve before the parks & resorts return to making the kind of money people have come to expect.

 

[rteetz]

Yikes!

My bad not a verified account

 

[rteetz]

https://twitter.com/x/status/1290761058412630017

 

[SMRT-1]

Since there are several posts about how the parks "lost" billions of dollars, I just thought I'd mention that the parks did not lose billions of dollars; they earned billions less than they were expected to had they been open and operating normally. There's a difference.

 

[hertamaniac]

Chapek was just talking about pay VOD for Disney+ going forward. Wonder if once/if movies return to theaters if they will first release them to Disney+ as pay VOD and then later release them for free on Disney+.

That's the type of model I think they will roll with, but maybe with a reduced pricing structure as time goes on until a free release on D+. They can squeeze the purchasers that want to be first to watch it and then add another revenue wave for those that don't need it on day/week 1 and then, finally, reward the D+ audience with a "freebie".

 

[JacknSally]

Parody account...for now (and I fell for it, too)...

OMG.

 

[J-BOY]

But cases are spiking in Europe and Japan.

Yes, and they will continue to spike throughout the world. But things are much better in most other countries than in the US right now. Especially so for China - cinemas have reopened in a few parts of the country and are bringing in a fairly healthy income. China is by far the biggest market for Mulan, and may have even exceeded the US in normal circumstances.

 

[rteetz]

https://twitter.com/x/status/1290762132221562881

 

[rteetz]

https://twitter.com/x/status/1290762669637738499

 

[rteetz]

https://twitter.com/x/status/1290762825477042179