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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:
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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 her weave coming off when he starts climbing if the make that.

https://babylonbee.com/news/on-screen-message-warns-viewers-this-disney-movie-was-made-during-a-time-when-people-werent-babies-who-got-offended-by-everything

AmericanKulak says

* Deflation and funk is long lasting in CHYna
* That means Less CCP destablization cash.

That's right as just after Bill Clinton signed the free trade agreement with China in 1999, the Chicoms establishment an office in Hollywood to influence all the movies and TV shows being made there.

/

This version would sell.

Al_Sharpton_for_President says

This version would sell.

What's red and has seven little holes in it?

Snow White's 🍒.

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Roy E Disney (a Republican) continued his father's legacy with the Disney Renaissance such as with Lion King and Little Mermaid.

After Roy E Disney was no longer at Disney, the company went to Woke shit.

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Disney can only squeeze so much profits out of its franchise like Marvel and Star Wars. Eventually for various reasons like a shrinking movie viewer base, it will have to shut down these franchises.

https://www.boxofficemojo.com/franchise/fr541495045

https://www.boxofficemojo.com/brand

https://www.boxofficemojo.com/brand/bn3530750466

Disney Studios (includes Pixar) are going to have to go through a renaissance like it did when Roy E Disney was running it.

They are going to have to find another Toy Story and Finding Nemo.

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OkDOGEisAmountingToSomething says

Isn't the Evil Queen supposed to jealous of Snow White's looks? Can't be the case here.

No one goes to the theater anymore. I just build my own theater at home. I'm not in a rush to be the first one to see a film. If I care I'll watch it when I want. Also with 3 boys and a wife that could give no shits about Snow White, we'd never have gone anyway. That's about 95% of the population.

So seeing empty seating charts really isn't a surprise. Production companies need to read their crowd better. Disney or anyone. Times are changing and so is tech in home. It's $1k to get as good as movie theater sound and if you have the budget $5-8k will blow away a movie theater run by teenagers.

Most modern movies blow anyway. Unless there's food and booze, there's no point in going to the movies. Just wait and spend $19, if that instead of $125 for a family of 5.

Patrick says

https://patrick.net/comment?comment_id=2159736

Patrick says

?? I do not get it.

$16 million so far at the box office after its release yesterday (21 March 2025)

Snow White had a $255 million budget so I suspect it needs a $450 million box office sales to break even

It's pretty bad when the evil queen at more than twice the age of the hirsute hispanic heroine is much better looking. Kinda fucks with the plot.

Yeah, Gal Godot is a Jewess and served in the IDF, but she was a sweet piece of ass.