AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Bloomberg Talks
Disney CFO Hugh Johnston Talks Unnamed Sports Bundle
Feb 8, 2024
Disney CFO Hugh Johnston discusses cutting costs, the new sports bundle with Fox and Warner Bros. Discovery, meeting viewers where they are, the potential impact of a sports bundle on cable networks and independent bidding for sports rights, challenges of a three-way JV, success in China, and avoiding boycotts.
06:50
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Disney has achieved significant cost cutting and margin improvement, saving $500 million and experiencing a margin jump of 350 basis points.
- Disney's sports bundle aims to reduce friction and target consumers who are not in the traditional cable bundle or have already moved away from it, with independent bidding for sports rights.
Deep dives
Cost Cutting and Margin Improvement
The podcast episode discusses the progress made by Disney in terms of cost cutting, resulting in significant margin improvement. The company has saved $500 million, which has positively impacted the bottom line with a margin jump of 350 basis points. The management team is confident that this trend will continue as they tightly manage costs while reinvesting in the business to drive top-line growth.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode