4.6 • 676 Ratings
🗓️ 15 November 2024
⏱️ 29 minutes
🧾️ Download transcript
Disney’s streaming numbers soar as announced in the company’s earnings report earlier this week, but questions remain in the ongoing search for a new CEO. Also, what’s next for the company’s Film and Parks divisions? Matt Belloni and Kim Masters break down Disney’s Q4 earnings report.
Plus, Masters speaks to Edward Berger about his latest film Conclave. The German director tells us how studying filmmaking at NYU in the 90s led him to an internship at the indie production company Good Machine. He also sings the praises of Netflix, which he reveals was the only financier daring enough to pay for his grim German-language war film All Quiet on the Western Front. The film went on to receive four Academy Awards, including Best International feature film.
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0:00.0 | From KCRW, I'm Kim Masters, and this is The Business. |
0:05.2 | German filmmaker Edward Berger is an Oscar contention, again, with his latest film Conclave, starring Ray Fines. |
0:12.4 | Two years ago, his Netflix film All Quiet on the Western Front, won seven BAFTAs and four Academy Awards, including Best International Feature. That's a pretty good |
0:22.2 | outcome for an NYU Film School grad who got a start years ago simply by approaching a |
0:27.5 | production company that had made a lot of movies he liked. I opened a phone book and I looked |
0:32.1 | 26th Street, Chelsea, great. I'm going to rollerblade over there. And I knocked on the door. And this guy called |
0:39.4 | Anthony Bregman, who I'm making a movie with now, 25 years later, opened the door and said, |
0:44.8 | Who are you? And I said, I'm Eddie. I was wondering if you have a job. And he said, |
0:49.0 | oh yeah, come on in. Edward Berger talks about his internship at the indie production company, |
0:53.8 | Good Machine. And he sings the praises of Netflix, which he says was the only financier that would pay for a grim German-language film, like All Quiet on the Western Front. |
1:03.6 | But first we banter. Stick around. It's the business from KCRW. |
1:09.6 | I am joined by my fellow banterer, Matt Bellany. |
1:12.8 | Hello, Matt. |
1:13.5 | Hi there. |
1:14.4 | So Disney. |
1:15.8 | Disney has released its latest earnings, and the news was pretty good. |
1:20.7 | You know, they had an upswing in the numbers that were important to watch, such as streaming |
1:25.0 | revenue, and the stock went up. |
1:27.1 | Yeah, the big headline is that the direct-to-consumer division, the streaming services, |
1:32.2 | generated $321 million profit in the quarter operating income, and they generated 4.4 million more |
1:40.9 | core subscribers to the services. |
1:43.2 | So that business is going up. Now, obviously, |
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