Disney’s SHORT Q4 2024 Earnings Call...

Clownfish TV: Audio Edition

Disney’s recent financial successes, driven by strategic decisions and successful film releases, are overshadowed by leadership challenges and concerns about the company’s future direction under Bob Iger. 00:00 Disney’s Q4 2024 earnings showed a 6% revenue increase to $22.6 billion, driven by successful film releases, despite skepticism over Bob Iger’s comments on streaming. 02:23 Disney Parks hit record Q4 revenue, but rising prices and competition from Universal’s Epic Universe could hurt attendance and vacation choices. 04:33 Bob Iger is praised for Disney’s turnaround, especially in movie performance, despite ongoing challenges at Pixar regarding working conditions and management priorities. 07:07 Iger faces criticism for turning Disney into an IP farm, with recent successes credited to the creative team rather than his leadership. 09:01 Bob Iger’s return to Disney has been marked by controversial decisions and mismanagement, particularly regarding the transformation of Moana 2 and ongoing corporate battles influenced by Nelson Peltz. 13:22 Bob Iger’s controversial decisions, including pricing changes and a failed legal battle, have led to significant challenges for Disney Parks this quarter, despite some praise for his overall leadership. 16:07 Iger’s leadership has transformed Disney parks with a focus on IP integration and higher costs, but the recent performance boost is seen as customer gouging, indicating a need for new CEO to tackle persistent challenges. 17:53 Concerns about Disney’s future arise from leadership changes, a potential focus on video games, and the need for a creative co-CEO alongside Bob Iger, whose stock sale suggests waning confidence in the company’s direction. Disney’s pricing strategy and treatment of disabled guests have been criticized, with the Lightning Lane system being used to upcharge disabled visitors instead of offering the DAS pass. Bob Iger’s return led to the elimination of the free park pass and introduction of expensive upcharge options like the $500 per person per day "Park Hopper" package. Iger took credit for Disney’s creative successes, but was responsible for staff cuts and gutting Pixar, while many creative decisions were made under Bob Chapek’s leadership. Iger’s personal interests in AI and Canva led to the creation of a new division, despite concerns about his lack of creativity and vision for the company’s future. ESPN+ will be consolidated under Disney+ in the future, similar to how Hulu was merged into Disney+. Iger’s return to Disney in 2022 was seen as a victory lap, with media praise despite taking credit for Chapek’s decisions. Bob Iger overspent on Fox, putting Disney in a perilous position, and made unpopular decisions like removing Rivers of America at Disneyland. Iger’s marching orders led to significant price increases and the elimination of free park passes, despite being gone for only two years. Iger prioritized his own ego, worrying about losing the best tables and kissing up to executives rather than focusing on Disney’s success. Iger’s lack of creative vision and tendency to micromanage led to Disney’s current state, despite his ability to negotiate deals. Disney’s Q4 2024 earnings showed a 30-39% increase in revenue to $22.6B, with net income doubling to $460M, marking one of their biggest quarterly upswings. 🐠 Become a MEMBER of The Reef at http://ClownfishMinus.com Official Merch Store: http://ClownfishMinus.com CFTV Audio Podcast (iTunes): https://podcasts.apple.com/us/podcast/clownfish-tv-audio-edition/id1726838629 CFTV Audio Podcast (Spotify): https://open.spotify.com/show/6qJc5C6OkQkaZnGCeuVOD1 Official Website: http://ClownfishTV.com Official Clownfish TV subreddit: https://www.reddit.com/r/ClownfishTVOfficial/ Geeky Sparkles’ Blog: https://www.piratesandprincesses.net/ About Us: Clownfish TV is an independent, opinionated news and commentary channel that covers Entertainment and Tech from a consumer’s point of view. We talk