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There's a LOT to like about Disney.
Animations about mice and princess stories set the ball rolling, and the business has evolved a bit since...
It's easy to forget what a BEAST this company truly is 👇👇👇
An enormously strong brand that continues to evolve and grow. The successful launch of Disney+ came at just the right time to offset the theme park losses...
Since this graphic was created Disney+ has leapfrogged hulu (and Disney will fully own hulu by 2024 in any case). Overall, Direct To Customer subscriptions just keep on growing 👇👇👇
Disney+, Hulu and ESPN+ - the company's three online subscription offerings - gained close to 15 million new subscribers to total nearly 174 million.
Disney+ had 116 million paying customers at the end of the quarter, just ahead of the 115.2 million consensus of analysts surveyed by FactSet.
Overall revenue rose 45% to $17.02 billion in Q2, with theme park revenues increasing for the first time in five quarters, hitting $4.34 billion. Disneyland was open 65 days and Disneyland Paris was open for 19 days.
U.S. parks squeezed a profit of $2 million, while international parks lost $210 million in this past quarter.
They'll be hoping the Delta variant doesn't derail this progress.
In 2019, theme parks/hotels accounted for ~37% of total revenues.
A big thumbs up to this earnings report 👇
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The new hybrid work model is still a very foggy idea, but this video really caught my eye...
An “indoor-mapping” startup that helps employees reserve seats, offices & conference rooms as we move to a new, hybrid work environment. 👇👇👇
The big difference between the Now Platform and a company like WeWork is that this is directed towards businesses actively providing these solutions for their staff within the business... 👇👇👇
The CEO Bill McDermott is an interesting character too.
He joined ServiceNow in 2019 from German software giant SAP. During his tenure (co-CEO and CEO 2010-2018), SAP's market value increased from $39 billion to $156 billion.
Pretty hard to attribute that amount of success just to luck...
Why leave then?
Apparently he was attracted by "the company’s strength in cloud computing and enterprise software, and the challenge of building an already vibrant company further".
Fair enough. They offer a load of workflow and management solutions, and it will be fascinating to see how hybrid work evolves in the next few years...
(Don't be put off by the sunglasses. He wears them due to a freak accident that caused him to lose an eye.)
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The world of crypto is a bit strange for those looking in from the outside...
Remember, this is the 'feeling' that started it all... 👇👇👇
ICYMI, The Veteran casts his eye over Target and likes what he sees...
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