A Force Bigger Than Star Wars
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 12 February 2016
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Fool Money. |
| 0:19.0 | It's the Motley Fool Money Radio Show. I'm Chris Hilton, joining me in studio this week for |
| 0:23.0 | Million Dollar Portfolio Jason Moser and for Motley Fool Deep Value Ron Gross. |
| 0:27.0 | Good to see you as always gentlemen. You do. |
| 0:30.0 | Earnings, Fulusa Rolls-On, best selling author, Adam Grant is our guest this week and as always we will give you an inside look at the stocks on our radar. |
| 0:37.0 | But we begin this week in the Magic Kingdom. |
| 0:40.0 | Shares of the Walt Disney Company falling this week after fourth quarter results. |
| 0:44.0 | Star Wars, The Force Awakens made every bit as much money as we all thought it would but that was trumped by questions about |
| 0:52.0 | court cutting and lower revenues from ESPN. Help me understand Jason. |
| 0:57.0 | This wasn't just Star Wars, the theme parks were looking good, consumer products was looking good. |
| 1:02.0 | Sure. This is a good quarter. |
| 1:04.0 | It was a good quarter and it really shines a light on one of the things we like most about Disney's that they make their |
| 1:10.0 | number or make their money a number of different ways. But the focus on ESPN I think absolutely makes sense. |
| 1:16.0 | But I think your investing timeline should more or less dictate whether you see this as a threat or as a potential opportunity. |
| 1:25.0 | And I think that the way we view it here because we are long-term investors we focus on three and five year periods. |
| 1:32.0 | We see this really as an opportunity. I think in the short term it's understandably a threat. |
| 1:36.0 | It brings more uncertainty into the model and the market doesn't like uncertainty. |
| 1:41.0 | But looking further out we see ESPN still is a very valuable property that ultimately this just becomes a question distribution. |
| 1:49.0 | So certainly ESPN was the big theme of the call. I believe it was mentioned 37 times in the call for Disney and saying something. |
| 1:57.0 | But as we see this shift towards internet TV and you see Netflix and HBO and Showtime and all of these media properties offering these |
| 2:05.0 | and all of these things are different. And so we see that in the short term it's a very important thing to do. |
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