Wednesday, August 7, 2024

Disneys earnings were generally good

Parks continue to disappoint, but at least there's some understanding of there being some carryover effect from the pandemic (hint: Disney took on a lot of debt that they continue to pay down, and they haven't quite "fixed" the issues with pricing and experiences, but that experiment is ongoing). 

But streaming turned a profit. Which is interesting.  But ever looking to see what the market will bear, they plan to tweak the price point and see what happens there. 

Will people pay more for the content? I guess we'll see. 

https://www.cnbc.com/2024/08/07/disney-dis-q3-earnings-report-2024.html

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