patrick.net

Still going sideways.

Patrick says

I wonder if French prisoners target child molesters for brutal treatment.

Looks like they're out of the woods everywhere except parks:

Disney shares jump after profits top estimates
Investing.com
Thu, November 14, 2024 at 7:37 AM PST 2 min read
In This Article:
DIS
+8.79%

Investing.com - Walt Disney (NYSE:DIS) has reported better-than-anticipated income and revenue in its fourth quarter, boosting shares in the media giant by more than 7% in early dealmaking on Thursday.

The company was bolstered in particular by strength at its key streaming business, which helped power a 14% jump in revenue at its entertainment segment versus the year-ago period to $10.83 billion.

Disney has targeted growth at its offerings like Disney+ and Hulu despite fierce competition among streaming video services. The number of Disney+ subscribers rose by 4% compared to the prior quarter to 122.7 million, ahead of Wall Street expectations of 119.85 million. Paying customers at Hulu and the group's Disney+ Hotstar unit also topped projections.

When folding in its ESPN+ sports service, overall streaming operating profit came in at $321 million, rebounding from a loss of $387 million a year earlier.

Operating income at the entertainment division also more than doubled to $1.07 billion thanks in part to the box office success of its Marvel's summer superhero movie "Deadpool&Wolverine."

The result helped mitigate the impact of a 5.7% dip in operating profit at Disney's experiences division to $1.66 billion, which includes its theme parks and cruise ships. Following an initial post-pandemic surge in demand, the business has been hit by many Americans choosing to rein in spending in response to cost-of-living constraints.

In a statement, CEO Bob Iger, who returned to the helm of Disney in 2022 promising to carry out a sweeping turnaround of the business through cost cuts and a revamp of its film and TV studios, said the overhaul has seen "significant progress."

"[W]e have emerged from a period of considerable challenges and disruption well positioned for growth and optimistic about our future,” Iger said.

Total revenue expanded by 6.3% year-over-year to $22.57 billion, above expectations of $22.47 billion. Adjusted per-share earnings of $1.14 beat estimates as well.

In its current fiscal year, Disney said it is confident in its long-term prospects and believes it is "well positioned for growth." Full-year adjusted per-share profit is seen increasing in the high-single digits, although it flagged a "modest decline" in Disney+ subscribers compared to the fourth quarter.

Disney predicted double-digit growth in adjusted per-share earnings in both its 2026 and 2027 fiscal years as well.

Eric Holder says

Disney shares jump after profits top estimates

Hopefully Iger will lead this profitability trend and set Disney on a sustainable earnings path for years to come

Disney stock price is at November 2015 levels, so its best nearly a lost decade for it :-/

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Hitler reacts to Disney’s Snow White
https://youtu.be/fIMeaEkbUUU?si=ySP0H08HiNmN1C7R

Remember kiddies, Disney owns Aliens now..

https://www.coffeeandcovid.com/p/killing-the-blob-thursday-december

This week’s news delivered a few big wins in the culture wars. First, the New York Times reported that “Disney Pulls Transgender Story Line From Pixar’s ‘Win or Lose’ Series.” It only amounted to removing a few lines of dialog, but they were awful lines, and the concession itself was a cannonade against the trans lobby.

Patrick says

This week’s news delivered a few big wins in the culture wars. First, the New York Times reported that “Disney Pulls Transgender Story Line From Pixar’s ‘Win or Lose’ Series.” It only amounted to removing a few lines of dialog, but they were awful lines, and the concession itself was a cannonade against the trans lobby.

It was a big one. Transwhacko was an unappreciated major issue of 2024.

* Disney NEEDS to make money.
* Higher Interest Rates means no more free money for bombs
* China had shitty 2024, 2025 looking as shitty and might get shittier if the mildest and most limited of Tariffs imposed.
and
* Deflation and funk is long lasting in CHYna
* That means Less CCP destablization cash.

DOGEWontAmountToShit says

DOGEWontAmountToShit says

DOGEWontAmountToShit says

Someone needs to make a spoof of here weave coming off when he starts climbing if the make that.