So, today on the podcast, the state of the Disney company 2025.

It's been a while since we've done an episode like this where we looked around the company

as a whole and discussed what was working overall, what needed to be fixed, and also identified

true drags on the company's profitability, and also what these elements together indicate for the

future of the company. And this week with the recent earnings call seems like a good time to do that.

A little over a week ago, Disney posted its first earnings report and conducted its first earnings call for

2025, which covered the final three months

of 2024, which on the Disney calendar is quarter one. Overall, it was a mixed bag for the company.

The two relative bright spots on the first quarter earnings report were theatrical films and Disney Plus.

Again, it was a mixed bag.

Nothing in the report significantly elevated the stock price, and likewise nothing sent it

tumbling.

For many months now, the Disney stock price has hovered in a relatively narrow channel.

For example, as I record this on Friday, February 14th,

Disney stock opened at $109 per share. One month ago, it was $108 per share. It has moved a little

up and down around these numbers from 106 to 113, but no significant shifts that would

show a meaningfully increased or decreased investor confidence. In fact, after the earnings report,

Disney stock actually dipped a little, meaning that investors weren't particularly impressed

or enthused with what they saw.

And in this, I think I see a company that is doing relatively well, but also one that is

stuck at a certain valuation because it can't meaningfully leverage its properties towards

higher earnings in multiple divisions. And I don't mean to sound negative about the

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