Disney’s Streaming Profits and Parks Problem

Matt is joined by NYT staff reporter Brooks Barnes to discuss the latest Disney earnings report, which resulted in a drop in stock price after Disney reported a slowdown in Disney parks attendance. They talk about the state of the parks, including customer dissatisfaction with price hikes, Universal parks vs. Disney parks, and the upcoming D23 conference. They also discuss Disney's ability to reach profitability in streaming, incoming price hikes for Disney+ and Hulu, whether a looming recession could affect the next few quarters, and Bob Iger's perception among Disney fans (02:57). Matt finishes the show with a prediction on this weekend’s box office for ‘Borderlands' and 'It Ends with Us’ (26:04). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ click here. Email us your thoughts! thetown@spotify.com Host: Matt Belloni Guest: Brooks Barnes Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices