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Transcripts For BLOOMBERG Bloomberg Technology 20240713
Theaters and live sports shut down. At eng me, analyst marketer. The big headline is that disney is planning to reopen shanghai disneyland on may 11. That is certainly a big symbolic step. What is your headline take away from these results . Disney is willing to open up these parks early in order to preserve revenue. Shanghai disneyland is a relatively small part of their overall parks business. The park in the u. S. The parks in the u. S. Are likely to remain closed or seeing significantly diminished revenue for the foreseeable future. Emily lets talk about the other parts of the results. You have movies, espn, disney plus, which is really the bright spot. The said at the end of quarter, they had 33. 5 million subscribers. But they released an updated number, that they surpassed 50 million subscribers. Walk us throughout much disney plus can buoy them through this time. Eric looking back to when they announced disney plus in 2019, they gave a guidance of about 60 million to 90
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