What to Watch for in Disney's Third-Quarter Results

The transcript discusses Disney's financial challenges, particularly with ESPN's subscriber loss and its impact on the media industry. It explores recovery strategies, including content distribution on multiple platforms and investments in streaming services like Hulu. The parks and resorts business, especially the new Shanghai park, is analyzed for its growth potential. The film business is highlighted as a strong revenue source with franchises like Marvel and Star Wars. Financial strategies, including cash flow management and shareholder returns, are also discussed.

What was the main reason for Disney's financial shock a year ago?

• A decline in ESPN subscribers

• A decrease in merchandise sales

• A drop in theme park attendance

• A failed movie release

How is Disney responding to the challenges faced by its cable network business?

• By increasing cable subscription fees

• By investing in digital platforms

• By reducing the number of channels

• By selling ESPN

What is a significant factor affecting Disney's Parks and Resorts business?

• Terrorist issues affecting global travel

• Competition from other theme parks

• High ticket prices

• Weather conditions

Which of the following franchises contributes to Disney's strong film business?

• Harry Potter

• Jurassic Park

• Marvel

• Transformers

What financial strategy have media companies adopted post-financial crisis?

• Returning cash to shareholders through buybacks and dividends

• Investing heavily in new acquisitions

• Cutting costs by reducing workforce

• Focusing solely on digital content