On May 10, 2023, the Walt Disney Company had its earnings call for the second quarter of the 2023 Financial Year. During the call, Disney CEO Bob Iger had a lot of announcements for the Disney community. Among them was news about the Disney Plus (stylized as Disney+) streaming service, the new app that would combine Hulu and Disney+, and ...
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Ominous Statement from Disney CFO Suggests Upcoming Layoffs
The Walt Disney Company seems to have been put through the wringer in recent months, particularly when it comes to public opinion — and even though the company’s earnings this year say otherwise, there was one tidbit from Disney’s CFO that might be a red flag! During the recent quarterly earnings call, Walt Disney Company Chief Financial Officer Christine McCarthy ...
Read More »CEO Chapek Says Disney Has ‘Bullish’ Stance on Increasing Disney+ Prices
Walt Disney Company CEO Bob Chapek answered a question from Goldman Sach’s Brett Feldman about Disney+ costs during the Walt Disney Company’s call about its second-quarter financial results, and implied that Disney+ pricing will most likely expand in the future. “How do you think about the right cadence for revisiting pricing on Disney+ really when you can take [the] price ...
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