Aug. 6 at 1:12 AM
$DIS Listened to the earnings call. A few things stand out:
1) Even with declining international visitors, domestic parks are still full steam ahead.
$CMCSA Universal sees dipping parks demand, but Disney is (still) eating their lunch.
2) The streaming and advertising ecosystem is the best in the business. There’s something for everyone, and in the current media consolidation era we’re in, Disney is in pole position when you include the sports rights, IP and streaming.
3) D’Amaro is the guy that Chapek was not. All of the brands and IP is a no brainer long term buy at/around
$100 with this leadership team. Remember, this was over
$100 with the theme parks closed during the pandemic. This was over
$150 before Disney+ launched (lower, slower growth back then, too).
