CSNbbs

https://twitter.com/cnni/status/1257785470668414979

IT’S EASY IF YOU TRY

Disney can survive this fine as long as we get back pretty close to normal by Christmas

https://twitter.com/DO_Visuals/status/11...8030789633

FORESIGHT IS BETTER THAN HINDSIGHT

(05-05-2020 04:55 PM)green Wrote: [ -> ]

https://twitter.com/cnni/status/1257785470668414979

IT’S EASY IF YOU TRY

A 91% reduction in profits, means they still made a profit. That's amazing with all the theme parks and movie theatres closed.

I would image the ACCN ratings are better than expected considering everyone is sitting home and there are no live sports on.

(05-06-2020 04:49 AM)ChrisLords Wrote: [ -> ]A 91% reduction in profits, means they still made a profit. That's amazing with all the theme parks and movie theatres and cruise ships closed. (FIFY)

I would image the ACCN ratings are better than expected considering everyone is sitting home and there are no live sports on.

https://twitter.com/YamSteve/status/1257798244773425153

IT’S A SMALL WORLD AFTER ALL

(05-06-2020 04:49 AM)ChrisLords Wrote: [ -> ]

(05-05-2020 04:55 PM)green Wrote: [ -> ]

https://twitter.com/cnni/status/1257785470668414979

IT’S EASY IF YOU TRY

A 91% reduction in profits, means they still made a profit. That's amazing with all the theme parks and movie theatres closed.

I would image the ACCN ratings are better than expected considering everyone is sitting home and there are no live sports on.

This earnings report is just for the January-March time period. Theme parks and movie theaters were open most of that time. The second quarter is when we should expect the major effects of Covid-19 to show up.

https://twitter.com/RichLightShed/status...9013451776

ROUGH SEAS

And they still made more than CNN... lol

(05-05-2020 04:55 PM)green Wrote: [ -> ]

https://twitter.com/cnni/status/1257785470668414979

IT’S EASY IF YOU TRY

BTW, this may be pertinent to a discussion of network revenues...

Disney’s streaming revenues balloon to $4.1B

Quote:...revenues for Disney’s fiscal second quarter increased from $1.1 billion to $4.1 billion

...Disney CFO Christine McCarthy said Disney+ now has about 54.5 million paid subscribers.

Disney said the average revenue per paid user of Disney+ totaled $5.63 for the quarter. The company also said Hulu ended the quarter with 32.1 million total subscribers (28.8 million SVOD only and 3.3 million live TV + SVOD) along with $12.06 ARPU for SVOD only and $67.75 ARPU for live TV + SVOD. ESPN+ ended the quarter with 7.9 million paid subscribers and $4.24 ARPU, down 17% year over year.

Disney’s DTC business fueled much of the company’s consolidated revenue growth, which was up 21% to about $18 billion during the quarter. However, growth at media networks and studio entertainment also both helped offset the impact of coronavirus-related closures with Disney’s theme parks division. Despite the solid revenue growth, Disney’s total segment operating income fell 37% to approximately $2.4 billion.

I'm researching total subscriber numbers for the providers who carry the ACC Network this weekend - I should be able to post them on Monday morning.

I love the ACCN

(05-05-2020 05:59 PM)TexanMark Wrote: [ -> ]Disney can survive this fine as long as we get back pretty close to normal by Christmas

https://twitter.com/lelanddelacruz/statu...9422018560

THAT PLACE BETWEEN SLEEP AND AWAKE

(05-06-2020 08:01 AM)Hallcity Wrote: [ -> ]

(05-06-2020 04:49 AM)ChrisLords Wrote: [ -> ]

(05-05-2020 04:55 PM)green Wrote: [ -> ]

https://twitter.com/cnni/status/1257785470668414979

IT’S EASY IF YOU TRY

A 91% reduction in profits, means they still made a profit. That's amazing with all the theme parks and movie theatres closed.

I would image the ACCN ratings are better than expected considering everyone is sitting home and there are no live sports on.

This earnings report is just for the January-March time period. Theme parks and movie theaters were open most of that time. The second quarter is when we should expect the major effects of Covid-19 to show up.

https://twitter.com/latimes/status/1290785402870042624

THAT DIDN’T AGE WELL

If I understand this correctly, the ACC is getting $240 million a year for the ACCN rights.

(09-18-2020 02:15 PM)Hallcity Wrote: [ -> ]If I understand this correctly, the ACC is getting $240 million a year for the ACCN rights.

So if that's really what the ACCN paid to the ACC (too good to be true), it amounts to a whopping $16M per school! OTOH, if it's split with ESPN 50/50, that's still $8M per school - not bad for year one.

$240M/15 = $16M.

The $240 million was the amount announced after Syracuse and Pitt joined. It was subsequently increased again, but the new amount was never announced. It was rumored to be around $19 million per school.

For 2017-18, the most recent year for which I can find the ACC's IRS Form 990 online, the TV revenue for the conference was $277 million. Bowl game and NCAAT money are reported separately, so they are not included. That works out to $19.5 million per school, assuming 20% of a share for Notre Dame, which is consistent with the rumors. Money from the ACC Network will be on top of the $19.5 million and will be based on a 50-50 sharing of profits with ESPN.

Keep in mind that despite cable subscriber losses and Disney's theme park and movie woes, ESPN remains hugely profitable. For the quarter ended June 27, 2020, revenues for Disney's cable division decreased to $4,034 million from $4,464 million in the same quarter the prior year. However, operating income increased to $2,459 from $1,637 million. Basically, subscriber revenues remained constant, but advertising revenues and rights fees declined. Subscriber revenues were able to remain constant because increased monthly fees offset the loss of subscribers. The $1,637 million quarterly profit last year is indicative of ongoing profitability.

(09-18-2020 04:04 PM)orangefan Wrote: [ -> ]The $1,637 billion quarterly profit last year is indicative of ongoing profitability.

So.... 1.6 Trillion dollars a quarter...

(09-18-2020 08:15 PM)ChrisLords Wrote: [ -> ]

(09-18-2020 04:04 PM)orangefan Wrote: [ -> ]The $1,637 billion quarterly profit last year is indicative of ongoing profitability.

So.... 1.6 Trillion dollars a quarter...

In engineering parlance, that approximates infinity.

(09-18-2020 08:32 PM)Hokie Mark Wrote: [ -> ]

(09-18-2020 08:15 PM)ChrisLords Wrote: [ -> ]

(09-18-2020 04:04 PM)orangefan Wrote: [ -> ]The $1,637 billion quarterly profit last year is indicative of ongoing profitability.

So.... 1.6 Trillion dollars a quarter...

In engineering parlance, that approximates infinity.

My bad. Those should all be stated as being in millions (or the comma changed to a period).

(09-19-2020 12:38 PM)orangefan Wrote: [ -> ]

(09-18-2020 08:32 PM)Hokie Mark Wrote: [ -> ]

(09-18-2020 08:15 PM)ChrisLords Wrote: [ -> ]

(09-18-2020 04:04 PM)orangefan Wrote: [ -> ]The $1,637 billion quarterly profit last year is indicative of ongoing profitability.

So.... 1.6 Trillion dollars a quarter...

In engineering parlance, that approximates infinity.

My bad. Those should all be stated as being in millions (or the comma changed to a period).

Eh, what's a few orders of magnitude?

(05-05-2020 05:59 PM)TexanMark Wrote: [ -> ]Disney can survive this fine as long as we get back pretty close to normal by Christmas

https://twitter.com/CNBCnow/status/1311044774892371968

THAT’S NOT HOW IT WORKS