Streaming is profitable af.
They are not losing money. they're not making as much money as they predicted.
Its. A. Scam.
Once again Disney outsmarted asshole DeSantis.
- Thread starter easy_b
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They are not losing money. they're not making as much money as they predicted.
Its. A. Scam.
So DISNEY(we not talking Netflix) didn't lose $700 million on streaming last quarter and $4 billion last year? Iger is just trolling shareholders.
You should be on the earnings calls. You'd do better than Iger.
"Forget the 2024 forecast. Streaming profitable AF right now, next question!"
Oh ye of little faith...and less knowledge.So DISNEY(we not talking Netflix) didn't lose $700 million on streaming last quarter and $4 billion last year? Iger is just trolling shareholders.
You should be on the earnings calls. You'd do better than Iger.
Disney Revenue
The Walt Disney Company generated almost $29 billion in overall revenue with its product segment, experiences, and parks. This was a $12 billion increase from the previous year. The company’s entertainment and media segments performed best, generating $55 billion for the same period. This was an increase compared to the $50.9 billion the segment generated the year before.
Disney’s total assets were worth $203.6 billion. Revenue in consumer products and the parks rose to $8.7 billion, a 21% increase. The streaming division’s revenue was a 13% increase from the previous year, generating $5.3 billion. Revenue for the December 31, 2022, quarter was $23.51 billion.
This was a 7.76% rise year over year. Disney’s earnings for the year ending December 2022 were $84 billion. The increase was 15.66% year over year. Annual revenue for 2021 was $67.41 billion, a 3.1% rise from 2020.
Jesus christ man. You posting the entire company when I mentioned Movies/Streaming. And my bad, they only lost $500 million this last quarter. It's an improvement over the almost $700 billion from the last. Why you being stubborn? MOVIES/STREAMING. And please don't post other arms that cover for those 2. Did I ever mention parks losing money?Oh ye of little faith...and less knowledge.
Disney Revenue
The Walt Disney Company generated almost $29 billion in overall revenue with its product segment, experiences, and parks. This was a $12 billion increase from the previous year. The company’s entertainment and media segments performed best, generating $55 billion for the same period. This was an increase compared to the $50.9 billion the segment generated the year before.
Disney’s total assets were worth $203.6 billion. Revenue in consumer products and the parks rose to $8.7 billion, a 21% increase. The streaming division’s revenue was a 13% increase from the previous year, generating $5.3 billion. Revenue for the December 31, 2022, quarter was $23.51 billion.
This was a 7.76% rise year over year. Disney’s earnings for the year ending December 2022 were $84 billion. The increase was 15.66% year over year. Annual revenue for 2021 was $67.41 billion, a 3.1% rise from 2020.
Disney Shrinks Streaming Losses to $512M, Ups Cost-Cutting Goal From $5.5B
The company also disclosed a $2.4 billion charge related to removing content from its streaming services.
www.hollywoodreporter.com
First of all, your premise was that Disney was losing money, not just one of their divisions. You're changing the goal post.Jesus christ man. You posting the entire company when I mentioned Movies/Streaming. And my bad, they only lost $500 million this last quarter. It's an improvement over the almost $700 billion from the last. Why you being stubborn? MOVIES/STREAMING. And please don't post other arms that cover for those 2. Did I ever mention parks losing money?
Disney Shrinks Streaming Losses to $512M, Ups Cost-Cutting Goal From $5.5B
The company also disclosed a $2.4 billion charge related to removing content from its streaming services.
Secondly, READ THE CHART. According to documents submitted to the SEC, their streaming revenue was 13% higher than the previous year.
With all those "losses" they were still wildly profitable.
its right there in black and white.
Jesus fucking christ with you man. I never said Disney was losing money as a whole. Go look at your first fucking quote you did in your reply to my first post in this thread. I got dozens of posts talking Disney on this fucking forum. I don't ever say Disney as a whole is losing money. I talk shit about their streaming and recent box office performance. I talk about those losses. How they have killed their money-printing IPs. I also talk about how the parks are profitable as hell. Damn.
Fuck is wrong with you? Disney lost $1 billion on streaming the same quarter last year compared to $500 million this year? It's because they cut costs man(they pulled shit OFF Disney+). It ain't sustainable. What new content will they have to drive subscriber growth while increasing prices? Damn. It's like you work for Iger and everyone else is wrong.
Hey why they pull content and stop producing it? If it's always been a scam, what changed?
Coming in 2024. Old content they can write off for this year's loss(shit no one asked for like Agatha, iron heart, etc), price increase, and fingers crossed. Good luck.
If Disney is a profitable company as a a whole, your entire point is moot. The only loser here is Desantis.Jesus fucking christ with you man. I never said Disney was losing money as a whole. Go look at your first fucking quote you did in your reply to my first post in this thread. I got dozens of posts talking Disney on this fucking forum. I don't ever say Disney as a whole is losing money. I talk shit about their streaming and recent box office performance. I talk about those losses. How they have killed their money-printing IPs. I also talk about how the parks are profitable as hell. Damn.
Fuck is wrong with you? Disney lost $1 billion on streaming the same quarter last year compared to $500 million this year? It's because they cut costs man(they pulled shit OFF Disney+). It ain't sustainable. What new content will they have to drive subscriber growth while increasing prices? Damn. It's like you work for Iger and everyone else is wrong.
Hey why they pull content and stop producing it? If it's always been a scam, what changed?
MY point is that the streaming losses are mitigated by internal manipulation to the point where they aren't actual losses.
You keep posting articles screaming about how badly streaming is doing, and I keep telling you you're bring tricked. Streaming is making them MORE money each year, regardless of the losses.
Disney's filings with the SEC prove my point.
You're being scammed.
No, my point isn't moot. The fuck you think the reports are for? Why you think every analyst on the planet is wondering how they fix this shit? A divison in Disney is having trouble and it's self-inflicted. So fuck the rat and fuck Desantis.
But hey, cut billions then only lose $500 million(not the $1 billion like before cuts) and because of politics folks say the rat is winning with that division.
This will be an easy bump next year when the earnings call happens in the summer.
Disney is doing great. DeSantis, is dying out here.But hey, cut billions then only lose $500 million(not the $1 billion like before cuts) and because of politics folks say the rat is winning with that division.
Funny thing is I wasn't trying to debate, just passing off good info.
Disney's streaming division is not operating at a net loss. The entire country of India stopped using the platform. This accounts for most of the issue. It means Disney won't make their projections.
Because its a scam.
Gene is Gold Standard fucking moron.
I wouldn’t go that far, but I don’t think he read their earning statement of follows their common stock. It might be nefarious but the Mouse is up like a muffucka.
I will correct myself because their common stock is down right now. Had to check my stuff.
That's the face of the dude that starts a fight, then realizes the other person has hands.
Desantis may not want to attend the debates next week either
Disney goes on offense in DeSantis board's lawsuit, seeks damages for breach of contract
Disney has filed counterclaims against the board of supervisors picked by Florida Gov. Ron DeSantis to oversee Walt Disney World's special tax district.
Kevin Breuninger
PUBLISHED FRI, AUG 18 2023 11:39 AM EDT
UPDATED FRI, AUG 18 2023 1:04 PM EDT
www.cnbc.com
Disney CEO Bob Iger, left, and Florida Gov. Ron DeSantis.
Disney has filed counterclaims against the board of supervisors picked by Florida Gov. Ron DeSantis to oversee Walt Disney World's special tax district.
Kevin Breuninger
PUBLISHED FRI, AUG 18 2023 11:39 AM EDT
UPDATED FRI, AUG 18 2023 1:04 PM EDT
Disney goes on offense in DeSantis board's lawsuit, seeks damages for breach of contract
DeSantis recently told CNBC that he has "moved on" from the feud with Disney, which stemmed from a clash over the bill dubbed "Don't Say Gay" by critics.
Disney CEO Bob Iger, left, and Florida Gov. Ron DeSantis.
Meatball came to the ring like Apollo Creed thinking shit was sweet, and Disney was waiting like Drago "I'm going to kill this showboating mother fucker."Disney goes on offense in DeSantis board's lawsuit, seeks damages for breach of contract
Disney has filed counterclaims against the board of supervisors picked by Florida Gov. Ron DeSantis to oversee Walt Disney World's special tax district.
Kevin Breuninger
PUBLISHED FRI, AUG 18 2023 11:39 AM EDT
UPDATED FRI, AUG 18 2023 1:04 PM EDT
Disney goes on offense in DeSantis board's lawsuit, seeks damages for breach of contract
DeSantis recently told CNBC that he has "moved on" from the feud with Disney, which stemmed from a clash over the bill dubbed "Don't Say Gay" by critics.
Disney CEO Bob Iger, left, and Florida Gov. Ron DeSantis.
Months after DeSantis stripped Disney of a special district, Universal Orlando Resort just got one
The plan will establish an independent local government for the area, including a theme park.
BY CHRIS MORRIS AND PAIGE HAGY
October 13, 2023
fortune.com
Florida Gov. Ron DeSantis, R-FL
The plan will establish an independent local government for the area, including a theme park.
BY CHRIS MORRIS AND PAIGE HAGY
October 13, 2023
Months after DeSantis stripped Disney of a special district, Universal Orlando Resort just got one
The move could add fuel to the entertainment giant’s lawsuit against the state.
Florida Gov. Ron DeSantis, R-FL
Months after DeSantis stripped Disney of a special district, Universal Orlando Resort just got one
The plan will establish an independent local government for the area, including a theme park.
BY CHRIS MORRIS AND PAIGE HAGY
October 13, 2023
Months after DeSantis stripped Disney of a special district, Universal Orlando Resort just got one
The move could add fuel to the entertainment giant’s lawsuit against the state.
Florida Gov. Ron DeSantis, R-FL
this is gonna bolster Disney's lawsuit
DeSantis is trying to pussy pop out of this but it’s too late.
So let's not really address the problem but make things more palatable for hwyte ppl
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