Soon, Disney+ and Hulu subscribers will have one less app to manage.
Disney has just reported its quarterly earnings, and during a call with investors, CEO Bob Iger announced a change that many streaming viewers have been asking for.
food IS a theme park
Soon, Disney+ and Hulu subscribers will have one less app to manage.
Disney has just reported its quarterly earnings, and during a call with investors, CEO Bob Iger announced a change that many streaming viewers have been asking for.
Bob Iger has announced a few priorities on his plate since returning as CEO of the Walt Disney Company.
One of which is focusing on improving streaming at Disney+, along with Hulu and ESPN+. During the last company earnings call, we learned that the total number of Disney+ subscribers was 161.8 million. And now that Disney+ has officially launched its ad-supported tier, we have an update on just how Disney’s streaming service is doing.
Land agreements, layoffs, and lawsuits. It’s been a busy couple of months for The Walt Disney Company. As we wait for the upcoming earnings call on May 10th, many Disney fans are sitting on the edge of their seats and waiting for some BIG Disney news.
During previous earnings calls, we’ve seen announcements for new movies, new theme park experiences, and so much more. You never know what kind of news bombs could drop! While we wait for the official earnings call, we can speculate on what could be shared this May. Could we get some new attractions? New dining? Let’s talk about it.
Walt Disney Company CEO Bob Iger announced a restructuring of the company during his first earnings call back at the helm of the business he first retired from in 2021.
Iger famously returned on Nov. 20, 2022, to replace fired CEO Bob Chapek. He touted the reorganization as a way to return creativity to the center of the company. “Our company is fueled by storytelling and creativity,” he said. “Virtually every dollar we earn … emanates from something we created.”
Today is a BIG day for Disney fans, even though it might seem like just a random Wednesday.
That’s because today (February 8th) is Disney’s 2023 first-quarter Earnings Call. During this call, Disney executives comment on the state of the company, share updates on current projects, and sometimes announce MAJOR news. But, Bob Iger failed to comment on a controversial part of the Disney parks: the Park Pass Reservation system. [Read more…]
Streaming has become a big part of Disney’s business but also a big point of contention when it comes to Disney’s finances.
Back in November of 2022, we got an updated look at the Disney+ subscriber numbers but we also learned that Disney’s streaming business as a whole had a loss of nearly $1.5 BILLION. This tremendous loss, among other things, ultimately contributed to the ouster of Bob Chapek as CEO. Since that November report, Bob Iger has returned as CEO and Disney has officially launched its ad-supported Disney+ tier. So what is going on with Disney’s streaming business now? We found out.
Disney parks might be some of the Happiest and Most Magical Places on Earth, but that certainly doesn’t mean they’re cheap.
We’ve seen price hikes on merchandise, dining, Genie+, and more, and recently Disney announced new, park-specific pricing would be implemented at Disney World, too. But with a potential recession on the horizon, chances are guests might not be planning as many trips to the parks as Disney would hope. Can they keep attendance up in the face of a recession? History shows they could — and these are the tricks they used to do it the last time around.
Will Disney offer NEW discounts soon? Based on quotes from The Walt Disney Company’s 2022 Q4 earnings call, it sounds like new deals could be on the way.
Quarterly earnings reports and calls can tell us a lot about what’s going on with Disney, including Disney+ subscriber numbers, theme park demand, changes in revenue, and more. During the most recent earnings call, Disney was asked about potential plans for keeping demand high during the predicted upcoming recession. How Disney responded gives us reason to be cautiously optimistic about new discounts coming in the future. [Read more…]
The last few years have been unusual for The Walt Disney Company, as they have been for many companies worldwide. As Disney continues to work on recovery from the COVID-19 pandemic closures, it has also been navigating the growth of Disney+ and other streaming platforms along with the launch of a new cruise ship and many changes to the Disney parks.
In the last couple of years, we’ve seen changes like the new Park Pass Reservation system, the start of Disney World’s 50th anniversary, the transition to Genie+ (from FastPass+), and many price increases in the Disney parks. So what is Disney hoping to do in 2023? Their recent earnings call provides some answers. [Read more…]
Like many companies around the world, The Walt Disney Company has had a challenging past few years as it works through recovery after the impacts of the COVID-19 pandemic.
Several factors have prompted a quick recovery for Disney, including the launch of a new cruise ship, high demand for the parks, and a few successful film releases. However, despite the good news, Disney’s stock value has been less than stable. And during the company’s most recent earnings call, the stock value dropped to one of its lowest lows this year. [Read more…]