- The success of Frozen was a major topic during Disney's (DIS +4.9%) earnings call with analysts. The enormous staying power of the film in the U.S. and a highly-successful debut in Asian markets bodes well for a carry-over into FQ2 for box office sales and even beyond with consumer products.
- ESPN ad sales are tracking higher for the current quarter despite the upcoming Olympics which will dominate ratings.
- The MyMagic+ product at theme parks is having an impact. At Walt Disney World, close to 3K extra visitors a day can be serviced due to the innovation.
- Execs backed the big franchise film strategy of the company as they noted 19 of the top 20 films of all-time are of the franchised variety. On that note CEO Bob Iger didn't have any updates on Star Wars development, but did sound mildly enthusiastic on its prospects: "Nothing I say here today could ever capture or convey the magnitude global anticipation for this movie."
- Earnings call transcript
Heard during Disney's earnings call
Feb 6 2014, 11:15 ET