Breaking Down Disney's Third-Quarter Earnings

The transcript discusses Disney's strategic focus on growing Disney Plus subscribers, even at the cost of declining ARPU. It highlights the tension between releasing movies in theaters versus streaming, exemplified by the Scarlett Johansson lawsuit. Bob Iger's influence on Disney's release strategy is noted, particularly regarding Black Widow. The impact of the Delta variant on Disney parks is also discussed, with optimism for recovery due to pent-up demand.

What was the significant achievement of Disney Plus over the past year?

• Tripling its subscriber base

• Doubling its subscriber base

• Maintaining the same number of subscribers

• Reducing its subscriber base

What strategic choice did Disney make regarding its streaming service?

• Prioritizing subscriber growth over revenue

• Focusing on revenue over subscriber growth

• Increasing subscription fees

• Reducing content production

What legal issue did Disney face related to its movie release strategy?

• A lawsuit from Scarlett Johansson

• A lawsuit from a rival streaming service

• A lawsuit from theater owners

• A lawsuit from a production company

What is Disney's current approach to movie release timing?

• Releasing movies only in theaters

• Releasing movies directly to streaming

• Simultaneous release in theaters and streaming

• A 45-day window between theater and streaming release

Who was mentioned as having a significant influence on Disney's release strategy?

• Steve Jobs

• Bob Iger

• Bob Chapek

• Scarlett Johansson

What percentage of Disney's revenue did parks contribute in the recent quarter?

• 10%

• 25%

• 50%

• 75%

What is the general outlook for Disney's parks in the coming year?

• Planning to close several parks

• Anticipating a healthier year with increased demand

• Maintaining the current level of operations

• Expecting a decline in visitors