Disney CEO on Parks Reopening, Travel Demand, Movies on Disney+

The transcript covers Disney's strategies during the pandemic, focusing on reopening parks, technological adaptations, and the success of Disney Plus. CEO Bob Chapek discusses demand, financial strategies, and consumer behavior changes. The company is adapting to new technologies and maintaining brand trust. Disney Plus has surpassed 100 million users, and the Premier Access model is being evaluated based on consumer preferences. The company is also negotiating sports rights to include ESPN Plus and is exploring hybrid models for content delivery.

What are the two main factors driving the demand for Disney park visits post-pandemic?

• Increased ticket prices and new attractions

• Discounts on park merchandise and food

• Extended park hours and special events

• Confidence in pandemic recovery and brand trust

What new system is Disney introducing to enhance guest experience post-pandemic?

• A new mobile app for park navigation

• A loyalty program for frequent visitors

• A reservation system for park visits

• A virtual reality tour of the parks

How has Disney Plus contributed to Disney's success during the pandemic?

• By reducing subscription fees

• By offering free subscriptions to all users

• By surpassing 100 million users and introducing Premier Access

• By partnering with other streaming services

What is Disney's approach to film releases in the current dynamic environment?

• Releasing films only on Disney Plus

• Releasing all films exclusively in theaters

• Delaying all film releases until 2022

• Remaining flexible and considering consumer behavior

What is a key requirement for Disney's sports rights deals going forward?

• Partnerships with local sports networks

• Free streaming of sports events

• Inclusion of ESPN Plus in all deals

• Exclusive rights to all major sports events

What is Disney's strategy for balancing traditional and direct-to-consumer broadcasting?

• Maintaining a hybrid model of linear and direct-to-consumer broadcasting

• Focusing solely on direct-to-consumer platforms

• Offering free access to all content

• Eliminating all linear broadcasting

What is Disney's stance on releasing Nomadland in China despite controversies?

• They are waiting for further negotiations

• They will release it only on Disney Plus

• They are proud of the film and plan to release it

• They have canceled the release