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Motley Fool Hidden Gems Investing

Disney Passes Netflix

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 11 August 2022

⏱️ 30 minutes

🧾️ Download transcript

Summary

The House of Mouse is firing on all cylinders, and now its total number of subscribers for Disney+, Hulu, and ESPN+ is greater than Netflix. Dylan Lewis and Maria Gallagher (00:21) discuss: - Disney’s pricing power and streaming fatigue. - How Coinbase is faring through a Crypto Winter. - What Softbank is telling investors about the private markets. Plus, Nick Sciple interviews Tim Johnston, Co-Founder of Li-Cycle Holdings (15:41), a lithium-ion battery recycler. They discuss how Li-Cycle can meet some of the growing demand for the metals that go into electric cars, and the company’s partnerships with major energy providers. Stocks mentioned: DIS, NFLX, COIN, UBER, SFTBY, LICY Host: Dylan Lewis Guests: Maria Gallagher, Nick Sciple, Tim Johnston Producer: Ricky Mulvey Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There's a new king in streaming video.

0:07.2

Well, kind of.

0:08.2

Motley Fool Money starts now.

0:12.9

I'm Dylan Lewis sitting in for Chris Hill and I'm joined by Motley Fool Premium

0:24.6

analyst Maria Gallier.

0:26.0

Maria, thanks for being here.

0:27.6

Thanks for having me.

0:29.0

Maria, Disney reported earnings after the bell Wednesday and the results were good news

0:34.0

for people who like good news.

0:35.9

Revenue is up 26% year over year.

0:38.8

Operating profit jump, 50% year over year, thanks in large part to a triumphant return

0:43.4

for the company's theme park division.

0:45.9

If there were any questions about people's desire to get back out into the world, I think

0:50.5

Disney's parks experience and products division says it all.

0:54.3

20% year over year growth and we're seeing that segment come in above pre-pandemic levels.

1:00.4

It was a great quarter for them.

1:01.9

So like you said, revenue was up 26% to about 21 billion.

1:05.4

Their media and entertainment segment is up about 11%.

1:08.7

Parks, experiences and products up like you said 70% and what's interesting there is

1:12.4

their guest spending grew.

1:13.6

So their average per capita ticket revenue was up as well as that there was higher average

1:19.0

daily hotel room rates.

...

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