ESPN+ Is Going Higher

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.3 • 3.1K Ratings

🗓️ 18 July 2022

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Disney announces a (selective) price hike to one of its core streaming services. (0:22) Jason Moser discusses: - The strategy of encouraging people to sign up for a bundle of Disney services - Bob Iger, Bob Chapek, and their ongoing soap opera - A listener's question about Cerence and the opportunity shares present today (12:50) Tim Beyers talks with Vitaliy Katsenelson, CEO of Investment Management Associates, about his new book "Soul In The Game" and how philosophers from more than 2,000 years ago can make you a better investor today. Got a question about stocks? Call the Motley Fool Money Hotline at 703-254-1445! Stocks mentioned: DIS, CRNC, MSFT Host: Chris Hill Guests: Jason Moser, Tim Beyers, Vitaliy Katsenelson Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	One consumer brand is about to raise prices and Wall Street seems to approve.
0:10.6	Ollifold Money starts now.
0:21.3	I'm Chris Hale, joining me in studio,
0:23.2	Motifold Senior, unless Jason Moser.
0:25.6	Good to see you.
0:26.3	Hey, it's nice to be here, collaborating in person together again.
0:30.8	Once again, we're going to tip into the full mailbag, but let's start with Disney,
0:35.1	because there are a couple of things that have come out recently. Disney reports earnings on
0:39.8	August 10th, which makes me wonder if what we're about to discuss was specifically designed and timed
0:48.9	in advance of the earnings report, because Disney is raising the price of ESPN plus.
0:53.8	And I'm going to use the word substantially.
0:57.2	Yeah.
0:57.7	They are raising it from $7 a month to $10 a month.
1:01.6	Annual subscription goes from $70 to $100.
1:05.8	The Disney bundle, which is ESPN plus, Hulu and Disney plus, that price is staying the same.
1:12.2	Yeah.
1:12.7	Which tells me that they are really trying to get as many people as they're basically.
1:17.5	We're going to jack up the price of ESPN plus.
1:21.0	And if you want to pay us more for that, you can, or you can get a much better value
1:26.4	by going to Disney bundle, Roch.
1:28.3	Yeah. I mean, it's not a surprising decision.
1:31.1	I mean, we always felt like when they made this move over to over the top, streaming, right?
	...

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