Disney (DIS -1.7%) CFO Jay Rasulo held a wide-ranging Q&A session at the MoffettNathanson Media & Communications Summit Conference.
The exec says the acquisition strategy (Pixar, Marvel, Lucasfilm, Maker) of the company sets it up to see payoffs on different trajectories and time-frames. Some of the "inflection points" are arriving earlier than forecast.
Rasulo sees an enormous opportunity with pushing Disney's IP into the Maker YouTube network. Creating native advertising directly with Maker will remove some of the third party cuts.
ESPN will see some back-half cost increases due to new NFL and MLB contracts which kick in. The relaunch of A&E network The Biography Channel to FYI will also cut into margins during the period. The guidance from the company is for high single-digit operating income growth from the cable networks business.