That's a wrap from the presentation!  Stay tuned for more Disney news all week long.

Josh ends by saying "they are bullish on Disney Cruise Line."

40% of guests on Disney Cruise Line would not consider cruising if it weren't for Disney.

Regarding the proposal to spin-off ESPN, Christine McCarthy says it is fully integreated in Disney's approach in how they deliver content to consumers.

Christine McCarthy says they generated $9 billion in advertising commitments during the upfront period.

"Each time they put more into the theme parks, the guests are responding." -Josh D'Amaro

Regarding picking new theme park experiences, Josh says they are focused on 1)Storytelling, 2) Innovation, and 3) Serving What the Consumer Wants.

Christine McCarthy adds that Josh D'Amaro's management team is proven 

The demand pipeline for Disney Parks remains robust according to Josh D'Amaro.

Disney will be investing in their parks to increase the capacity so they can accomodiate more guests.

Josh D'Amaro: "Genie+ is doing phenomenally well. It is selling much better than we thought."

Josh says every move they made was focused on improving the guest experience, this includes putting a cap on attendance.

Disney is making more money off of fewer guests than they did in 2019.

Disney Cruise Line is not back where they want that business to be.

Josh says that seeing the response to the reopening reiterated to him the power of the Disney brand.

Josh D'Amaro says that the parks business recovered very quickly.

Chrstine McCarthy recognizes the reception Searchlight's films are receiving at film festivals.

Regarding theatrical releases, Disney reiterates that they will be flexible with distribution and windows.

The ad-load on Disney+ will be 4 minutes per hour at launch of the advertising plan.

Regarding the Disney+ pricing, McCarthy says they launched at a very low price, but looking to get to a more "market based price."

Christine sees growth coming in four areas, 1)Content 2)Advertising on Disney+ 3)The Disney Bundle, and 4)Subscriber growth

The session is begining...

They are participating in a Q&A session at the 2022 Bank of America Securities Media, Communications & Entertainment Conference

We are getting ready to hear from Josh D'Amaro, Chairman of Disney Parks, Experiences and Products and Christing McCarthy, Disney's CFO.