Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES
Media Money Video Gallery
CNBC's Julia Boorstin looks at the weekend's box office and Twilight's gigantic "New Moon" opening. She also discusses C...
Microsoft is reportedly talking to News Corp about teaming up on a search plan that would withhold content, including th...
MEDIA MONEY INDEX
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...

MEDIA MONEY VIDEO GALLERY

» More

Current DateTime: 10:56:38 23 Nov 2009
LinksList Documentid: 31765984
Expiration DateTime: 11/23/2009 10:57:04 PM
    • Looking Left  23 Nov 2009

        CNBC's Julia Boorstin looks at the weekend's box office and Twilight's gigantic "New Moon" opening. She also discusses California's looming unemployment insurance crisis and a waiting list for pro football in Los Angeles.

    • Microsoft-Murdoch Scheme  23 Nov 2009

        Microsoft is reportedly talking to News Corp about teaming up on a search plan that would withhold content, including the Wall Street Journal, from Google, with Matthew Garrahan, Financial Times correspondent, and CNBC's Julia Boorstin & Bill Griffeth.

    • Inside Paramount Pictures  20 Nov 2009

        Discussing Viacom's Paramount Pictures strategy, with CNBC's Julia Boorstin and Brad Grey, Paramount Pictures.

    • Oprah Show to End in 2011  19 Nov 2009

        CNBC's Julia Boorstin has the details on Oprah Winfrey's decision not to renew her contract with CBS syndication.

    • Kids and Finances  13 Nov 2009

        A look at some of the stories of several inner city teens trying to become the business leaders of tomorrow, with CNBC's Julia Boorstin.

    • Iger Talks Earnings  13 Nov 2009

        Highlights from her interview with Disney's chief Bob Iger, with CNBC's Julia Boorstin.

RSS FEED

» Help

Current DateTime: 10:56:38 23 Nov 2009
LinksList Documentid: 31625651

Media Money

Text Size
Jul.30
2:37 PM ET
Wednesday, 30 Jul 2008
Ahead Of Disney Earnings, Economic Impact Is Key

Disney
CNBC.com

Disney [DIS  Loading...      ()   ]
reports after the bell today, and Wall Street's expecting revenues of $9.1 billion, up one percent from a year ago, and projecting earnings up 5 percent to 61 cents per share. (This according to the consensus Thompson estimates).

The big question is how Disney is weathering the economic downturn, which puts Disney's parks division in the spotlight. So far in the consumer spending slowdown, the parks attendance and revenues have held up remarkably well. But it seems investors are waiting for the other shoe to drop.

Disney's cable networks have also been growing fast-- ESPN continuing to deliver boffo numbers and the Disney Channel delivering both numbers and brands (like Hannah Montana) that can be expanded and exploited across all of Disney's platforms.

The question now-- will the advertising downturn hit ad revenue at these cable networks? And Disney's studio and Pixar have continued to churn out hits, most recently Wall-E. But its Narnia sequel didn't have the huge performance the original one had. The real challenge for that division: the comparisons to the year-ago quarter when Pirates of the Caribbean III broke box office records.

CEO Bob Iger's strategy to build brands that fit with the Disney brand and that it can take across all the company's platforms seems to be working remarkably well. The question is, can it hold up through an economic downturn. And how much can the weak dollar help international revenues boost foreigners visits to the theme parks.

Questions?  Comments? 

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 05:29:33 23 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 10:08:24 23 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 08:24:12 23 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:08:16 23 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters