The Ripple Effect of “Avengers: Endgame”
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 29 April 2019
⏱️ 14 minutes
🧾️ Download transcript
Summary
With an opening weekend record $1.2 billion in box office receipts, “Avengers: Endgame” not only rules the movie industry but also sets Disney up for the launch of Disney+ and higher sales in its consumer products division. Spotify hits 100 million paying subscribers. And 1st-quarter results for Restaurant Brands International were affected by weather. (Yes, really.) Abi Malin analyzes those stories and shares what she’ll be watching when Alphabet reports after the closing bell.
Transcript
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| 0:00.0 | It's Monday, April 29th. |
| 0:04.0 | Welcome to Market Foolery. |
| 0:05.0 | I'm Chris Hill joining me in studio today. |
| 0:07.0 | The one and only, Abby Mallon. |
| 0:09.0 | Thanks for being here. |
| 0:10.0 | Thanks for having me. |
| 0:11.0 | We've got earnings. |
| 0:12.0 | We're going to get a sneak preview of Alphabet which is |
| 0:15.1 | reporting after the closing bell. We got to start though with the house that the |
| 0:20.6 | mouse built. Shares of the Walt Disney Company |
| 0:23.2 | opened this morning at an all-time high. |
| 0:26.2 | Probably not a surprise. |
| 0:27.3 | It's down a little bit now, but probably not a surprise |
| 0:29.8 | it had that strong open because Avengers Endgame broke just about every box office record |
| 0:36.2 | under the sun over the weekend, 1.2 billion dollars globally. |
| 0:41.1 | I don't know about you. I went and saw it. I contributed to that. I thought it was |
| 0:46.8 | going to have a great weekend. I didn't think it was going to be this great. |
| 0:50.5 | I didn't see it, but I am not surprised by these numbers. |
| 0:54.0 | So when we look at a number like this I think it is tempting to just think, |
| 1:01.0 | oh my gosh, this is amazing. |
| 1:03.7 | But the context for investors when it comes to Disney and movies is always looking at the studios |
| 1:10.8 | part of the business, which is, it's not the biggest part of the business by a long shot. |
... |
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