Disney reported fiscal q4 and full year earnings per fiscal 2022 the stock was initially down about 13% on wednesday due to missing revenue expectations. Today disney stock is up two and a half percent today parks revenue grew about 36% year over year to 7.4 billion dollars so the covid effect is clearly over in the parks uh people are back. Media and entertainment revenue fell about 3% year overyear to 12.7 billion dollars that income 162 million up 1% year over Year basically flat free cash flow was 1.37 billion dollars that number is down about 10% year overYear but still positive like you know they have free cash flow of 1.3 billion dollars all
J+M kick off the show by breaking down even MORE fallout from the FTX saga: SBF's Twitter thread (2:26), Sequoia's letter to LPs re: marking its FTX investment to $0 (12:02), and more! Then, Lon Harris joins to discuss Andor's brilliance (20:49), Disney's earnings (32:42), and Netflix considering live sports! (48:45)
(0:00) Jason tees up today's segments!
(2:26) More FTX fallout: SBF's notorious Twitter thread
(10:32) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist
(12:02) SEC and CFTC probe FTX, Sequoia's letter to LPs
(19:19) Mayfair - Get 4% APY on your idle cash automatically at https://getmayfair.com/twist
(20:49) Lon Harris joins to break down Andor's brilliance
(31:15) House of Macadamias - Get 20% off at https://houseofmacadamias.com/twist by using code TWIST20
(32:42) Disney earnings: Disney+ subscriber growth, how to integrate Disney+ to its parks and merch segments, and more
(48:45) Netflix considers live sports and recommendations from Lon!
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