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Motley Fool Hidden Gems Investing

Disney, Airbnb, and The Scout Mindset

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 13 August 2021

⏱️ 39 minutes

🧾️ Download transcript

Summary

Disney’s blowout 3rd quarter is fueled by growth in Disney+ subscribers. Airbnb predicts record revenue on the horizon. Unity Software’s 2nd-quarter report calms shareholder concerns. Boston Beer and Pepsi team up to create an alcoholic version of Mountain Dew. Jason Moser and Ron Gross analyze those stories, discuss the latest from eBay, Chegg, DoorDash, and The Trade Desk, and share two stocks on their radar: Outset Medical and bluebird bio. Plus, Motley Fool analyst Maria Gallagher talks with Julia Galef about her book, The Scout Mindset: Why Some People See Things Clearly and Others Don’t. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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. It's the Motley Fool Money

0:20.0

radio show. I'm Chris Hill joining me this week. Senior analyst Jason Moser and Ron

0:24.3

Gross. Good to see you as always gentlemen.

0:26.6

Addy, you doing. We got the latest headlines from Wall Street. We'll talk investing

0:30.2

mindset with author Julia Galef and as always we've got a couple of stocks on our radar.

0:35.3

We begin this week in the magic kingdom. Shares of Disney up on Friday after a blowout

0:40.4

third quarter report profits were much higher than expected and the Disney plus streaming

0:44.8

service now has 116 million subscribers and I will point out Ron it was less than two

0:51.7

years ago that they launched it and they're already at 116 million.

0:56.1

Very impressive. They ended the quarter with a total of 174 million streaming subscribers

1:02.3

overall and that's just 35.5 million short of Netflix's subscriber base and Netflix has

1:09.0

been at this game for quite some time. So really impressive. Overall the quarter really

1:14.6

strong beat expectations on the top and the bottom line. Overall revenue up 45%. And as

1:21.3

we noted streaming is most of the story here but the theme parks are back despite the rising

1:27.1

Delta variant. As you said, Disney subscribers doubled to 116 million ESPN subscribers increase

1:34.1

75%. Who lose subscribers up 21%. So the whole overall direct to consumer division which

1:41.5

includes that streaming business had a 57% increase in revenue. But it's important

1:46.7

to note they did report a loss in that division of about $299 million because they invested

1:51.9

in programming which as we know from all the years of Netflix is expensive. So we have

1:56.6

to keep an eye on that. Also very important to keep an eye on average monthly revenue

2:01.1

per paid subscriber for Disney plus that actually decreased to 416 from $4.62 and that's due

...

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