CEO's Seat Getting Warmer
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 9 November 2022
⏱️ 28 minutes
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| 0:00.0 | If you're looking for an investing show that won't be talking about the midterm elections, |
| 0:09.7 | you're in the right place. |
| 0:11.4 | Motley Full Money starts now. |
| 0:14.8 | I'm Chris Hill joining me today, our man in Colorado, Motley Full Senior Analyst, Tim |
| 0:25.2 | Bires. |
| 0:26.2 | Thanks for being here, Tim. |
| 0:27.4 | Thanks, Chris. |
| 0:28.4 | We're getting vaccinated ready to go. |
| 0:30.4 | Likewise, and we're going to need it because Disney added 12 million subscribers to its |
| 0:35.2 | Disney Plus service in the fourth quarter. |
| 0:38.8 | And that appears to be the lone bright spot for the house that Mickey built because Disney's |
| 0:42.8 | fourth quarter profits and revenue were solidly lower than expected. |
| 0:46.6 | They warned about slowing growth for Disney Plus. |
| 0:50.3 | And other than the sudden drop in March 2020 that we saw in most, if not all, stocks, shares |
| 0:59.4 | of Disney are trading at their lowest point since 2014. |
| 1:04.3 | Where do you want to start? |
| 1:05.6 | Well, I think we got to start with the subscriber numbers because what I see here, Chris, is that |
| 1:15.8 | the business, the media and media distribution business is the drag that it's the anchor |
| 1:24.2 | that the parks business is lifting. |
| 1:28.1 | And the reason that parks business did well during during the year and during the quarter |
| 1:35.3 | is because there's no more COVID-19. |
| 1:38.3 | People have gone back to parks and that part of the business, Chris, did really well. |
... |
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