Podcast episode: Disney
Today we released an episode for CCM+ subscribers on Disney $DIS
This is a complicated media conglomerate, and I bet we missed a few small details (I realized after recording we forgot to mention $CMCSA owns 33% of Hulu). However, here is what I believe a Disney thesis boils down to:
- Will the theme parks continue printing money?
- What does streaming look like a few years out?
- How do sports rights play out in the U.S?
Also, there is some China risk to consider as well.
View 1 more comment
I used to think that the amount they could charge for theme park admission was capped... (I went to school very close to a Disney theme park and many students would buy passes— I always thought that at a certain point Disney just wouldn't be able to charge more). But it appears that the parks have incredibly robust pricing power, keeping up with inflation pretty easily.