Manage episode 277403073 series 2812938
This The Disney Beat episode will be called "The Disney Bite" as it is an unscheduled Breaking News episode of The Disney Beat.
In this episode I discuss the Fourth Quarter and full Fiscal Year 2020 Earnings Report released by The Walt Disney Company.
With obvious losses to report due to COVID-19, the company actually surpassed analyst's expectations and the market responded positively.
Disney+ has surpassed its 5 year goal in less than 11 months.
Disneyland will remain closed for the rest of 2020.
Strong indications from customers of demand for the parks and advanced booking for Disney Cruise Line in late 2021 into 2022 gives the company a great future outlook.
All of this and many other news stories from today's earnings report and the subsequent investor call will be discussed.
You can follow the host, Sean Nyberg, on Twitter and Instagram @SeanNyberg or on Facebook searching for Sean Nyberg. Follow The DisInsider on Twitter and Instagram @theDisInsider or the Facebook Page The Disinsider.
We will be back Monday with a new episode with the rest of Disney news for the week.