Disney’s Latest Magic and Year-End Financial Tips
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 11 December 2020
⏱️ 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. It's the Motley Fool Money |
| 0:20.1 | radio show. I'm Chris Hill joining me this week's senior analyst Emily Flippin and |
| 0:24.1 | Jason Moser. Good to see you both. Hey, hey, did you see you too? We've got the latest |
| 0:28.3 | headlines from Wall Street. We've got year-end financial tips with Robert Brokamp and |
| 0:32.6 | we've got a couple of stocks on our radar. But we begin with the Magic Kingdom. On |
| 0:37.8 | Thursday, Disney made a number of announcements tied to the company's Disney Plus streaming |
| 0:42.6 | service, including new movies and shows tied to franchises like Star Wars and the Marvel |
| 0:48.6 | Universe. Disney Plus currently has 86 million subscribers. CEO Bob Chapich expects at |
| 0:55.0 | least 230 million subscribers by the year 2024. And Jason, investors like what they heard |
| 1:02.6 | because on Friday, shares of Disney rose 15% and hit a new all-time high. |
| 1:07.7 | Yeah, listen, my kids are dancing around the house here as long time share holders of |
| 1:13.8 | Disney. And I understand why. When you look at this business, when you add up all of |
| 1:18.8 | the media-related operating income, it's very meaningful to this business, basically |
| 1:23.9 | half of it. And so I think the concerns for a while as we move into the streaming world |
| 1:28.6 | were that this revenue might start disappearing, this income might start disappearing. And I |
| 1:33.3 | think what we're finding, it's not really disappearing. It's just being essentially redistributed. |
| 1:38.5 | And so they're taking more ownership of that entire media relationship and that transaction. |
| 1:44.7 | I mean, that long term is really what you want to see. And so while it'll take some |
| 1:48.4 | time for the economics to fully shake out, again, this is what you want to see. I mean, |
| 1:53.5 | you fired in on some really big numbers there. I mean, to think that essentially just a |
| 1:58.6 | year ago, they were calling for Disney plus to have somewhere between 60 million and 90 |
... |
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