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On 22 Jan 2022, Lefty Lundquist <[email protected]> posted some news:sshr45$4pm$[email protected]:

�The Marvels�, a woke shit story directed by a black DEI hire. And
they wondered why it failed. Meanwhile, the incompetent black DEI
hire still has a job.

Disney+ gained 4.1 million global subscribers in the fourth and final
quarter of fiscal 2023 (from an accounting standpoint, Disney�s
reporting year ends September 30), which includes a loss of 2.8 million
Disney+ Hotstar users. Core Disney+ additions were 6.9 million.

Still: Even the streaming segment�s loss was an overall gain. Direct-to-consumer streaming lost $387 million this summer, an
improvement from prior quarters. (Without a helping hand from sports,
the Q4 loss was $420 million.) See? Your price hikes are making a
difference!

Disney Chairman and CEO Bob Iger has long targeted 2024 as the year
Disney+ would become profitable. He now says that swing will
specifically come in its final fiscal quarter. Progress from now until
then �may not look linear from quarter to quarter,� the earnings release cautioned.

For this quarter, Disney�s Q4 2023 revenue was $21.2 billion and
adjusted earnings per share were 82 cents, both topping market
estimates. Free cash flow was $3.4 billion, and with aggressive
cost-cutting in the works, Disney says next year�s free cash flow will
be �approaching� pre-pandemic levels.

If only ABC and Disney�s cable networks (and the rest of the
linear-television ecosystem) weren�t getting killed on advertising.

Disney+ now has 150.2 million total streaming subscriptions (note: not subscribers; there is overlap due to the Disney Bundle). Core Disney+
has 112.6 million subs and Disney+ Hotstar claims the other 37.6
million. Hulu has 48.5 million subscribers and ESPN+ has 26 million.

The June 16 release of �Elemental� initially looked like a bomb but
gained some steam this summer at the box office and then on Disney+.
(�The Little Mermaid� and �Guardians of the Galaxy Vol. 3.� also made it
to Disney+ this summer.)

Ultimately, �Elemental� will not lose money � especially when factoring
in its significant streaming value. �Elemental� premiered on Disney+
September 13 and has been tearing up Nielsen�s Top 10 Streaming list
ever since.

Most of the theatrical revenue for �Indiana Jones and the Dial of
Destiny� was recorded in the summer quarter; that one was a sizable
loss. Two more losses, �Haunted Mansion� (July 28) and �A Haunting in
Venice� (September 15), were the only Disney theatrical releases during
the quarter.

�The Marvels� (November 10) and �Wish� (November 22) should lead
Disney�s fiscal first quarter of 2024. That�s when �Loki� Season 2
(October 5) also will be recorded.

�The Marvels� ... Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha!
Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha!
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Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha!
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Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha!
Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha!
Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha!
Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha! Ha!

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