Disney recently hosted its 3rd-quarter earnings call, in which it announced the current number of Disney+ subscribers, the pricing and release date for an ad-supported Disney+ tier, and the increase in revenue from the Disney parks. We also learned more about the current demand for Disney parks.
With the pandemic closures, Disney has seen some pent-up demand for its theme parks. People weren’t able to travel for a while, which meant that there was more demand once the parks finally did reopen. However, now the parks have been open for a long time, and we’ve still been seeing pretty big crowds in Disney World. Is this trend going to continue, or will we see demand level out? Disney CEO Bob Chapek and CFO Christine McCarthy commented on these questions. [Read more…]