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Cinemablend
Cinemablend
Entertainment
Dirk Libbey

Disney Q3 2023 Earnings Call Live Blog: Bob Iger Speaks On Strike, Possible Sale To Apple

disney logo screenshot

It's been another quarter for the Walt Disney Company and so it's time for CEO Bob Iger to take the stage and talk about how Disney has done from a financial perspective. On the studio side the last three months have meant big hits like Guardians of the Galaxy Vol. 3 and significant disappointments like the recent Haunted Mansion movie. On the theme park side it will be interesting to see what the financials look like. While recent anecdotal evidence has indicated the parks may not be as full as they usually are, any declines there are likely to be too recent for this conversation.

About 20 minutes before the Q3 call, it will be interesting to see where things go from here. A few pieces of information coming out of the quarterly report: Disney+ hit a subscriber total of $146.1 million, short of the goal of 154.8 million. However, quarterly revenue also came up short at $22.33 billion vs a goal of $22.5 billion. Drop was mostly in linear networks revenue. Revenues and operating income for Parks Experiences and Products were up, though mostly internationally. Walt Disney World did see reduced attendance in the quarter, though Disneyland Resort attendance was up

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