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Nov 8, 2023 · Disney increased its cost-cutting goal to $7.5 billion, according to the report, up from the $5.5 billion it set early this year. The company reported 66.1 million international Disney+ ...
- 1 — Disney+ Subscribers Are Up, But Not by That Much
- 2 — Disney Parks Are Making Billions More, But There’S Still A Ways to Go
- 3 — Attendance and Spending in The Parks Is Up!
- 4 — People Are Buying Genie+
- 5 — Recovery of International visitors Is Going to Take A While
- 6 — Cost Cutting Measures Might Be Coming Soon
- 7 — Things Aren’T Going Quite as Well as Some Predicted
Over the past few months, we’ve been on the lookout for updates as to just how many subscribers Disney+ has acquired. In March of 2021, the service had passed 100 million subscribers. In August of 2021, Disney announced that their streaming service, Disney+, had a total of 116 million subscribers.Just how many subscribers did Disney+ acquire during...
When it comes to the Disney Parks, revenues are certainly looking up. Revenues for Parks, Experiences, and Products division for Q4 of fiscal year 2021 INCREASEDby billions compared to the same quarter of the prior year. Specifically, “Disney Parks, Experiences and Products revenues for the quarter increased to $5.5 billion compared to $2.7 billion...
After seeing that revenue for the parks division has increased by BILLIONS compared to the prior year quarter, perhaps it comes as no surprise that Disney announced that attendance and spending in the parks is UP! Specifically, Disney shared that Q4 attendance at Walt Disney World is up “double digits” compared to Q3. And attendance is also growing...
This year, Disney’s paid FastPass+ replacement program(s) — Disney Genie+ and the related Individual Attraction Selection— launched in Disney World. They’re also set to launch in Disneyland in the future. We’ve tested Genie+ in the parks, shared a bunch of tips and tricks, and given you our thoughts on the program overall. But, considering the fact...
For several months, the United States has had a number of travel restrictions in place, preventing quite a lot of international leisure travel. But, on November 8th, 2021, that all changed. Starting that day, new international travel restrictions were put in place, and international visitors from several countries are now able to enter the U.S. (pr...
During the call, one individual asked about inflation and just what Disney is doing to mitigate those concerns. In response, McCarthy noted that it is something that’s at the top of a lot of companies’ minds right now, including Disney’s. McCarthy shared that they’ve talked about the increase in price of content. She noted that she’s also been disc...
While Disney+ has more subscribers, the parks earned billions more in terms of revenue compared to the prior year quarter, and other things are looking up, Disney hasn’t quite hit the financial marks Wall Street forecasters had in mind, according to Deadline. The total revenue for Disney for the quarter ending on October 2nd, 2021, was $18,534,000,...
Nov 9, 2023 · Disney shares are up 3% over the past 12 months, underperforming the S&P 500’s 17% gain, and the media leader’s stock is down more than 50% from its all-time high achieved in March 2021. Bob ...
- Derek Saul
Aug 9, 2022 · Investors will be watching to see how Disney navigates this environment when it reports earnings on Aug. 10, 2022, for Q3 FY 2022. The company's 2021 fiscal year ended on Oct. 2, 2021. Analysts ...
Aug 9, 2023 · Walt Disney Co. faces a confluence of chaotic factors as it prepares to report its fiscal third-quarter earnings on Wednesday. Disney DIS Chief Executive Robert Iger, whose contract was recently ...
May 10, 2022 · Investors will be watching to see if Disney can surmount these challenges, and build on the momentum gained from its pandemic rebound, when it reports earnings on May 11, 2022 for Q2 FY 2022. The ...
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Feb 9, 2024 · The entertainment giant has focused its efforts on cost reduction as revenue lags to drive earnings. Disney is "on track to meet or exceed $7.5 billion in cost savings as we continue to look for ...
