That's a wrap!

Disney had a previous relationship with Epic Games as they participated in the Disney Accelerator program.

The investment into Epic Games came about when Bob Iger met with Josh D'Amaro and Sean Shoptow, who runs their games business.  When he saw how much time younger generations, Bob Iger knew they had to get into the games space quickly.

Regarding the integration of Disney+ with Charter, it is still early, but they are encouraged by early signs. Disney expects other providers will seek out similar deals.

Bob Iger says they are leaning a bit more into sequels and franchises.

Bob Iger hinted that there could be even more expansion to the Disney Cruise Line business.

Bob Iger says they are hard at work determining where they will be investing in their experiences business. But he says it is safe to say, it will be everywhere.

Paid sharing, lower churn with bundling, and international growth is how they plan on growing subscribers.

After a call filled with news, these questions are far less interesting

70% of the investment in the parks business has been earmarked for incremental capacity increases.

Disney reiterated their commitment to invest $60 billion in their experience business over the next ten years. 

Those that want to add subscribers to their account outside their household, will be able to add them, for an additional fee.

Disney+ subscribers suspected of improper sharing, will be presented with option to start subscriptions for their account borrowers, starting this summer.

Disney expects subscriber growth, partially due to the Charter deal, which includes Disney+ as part of their subscription.

Hugh: I'm looking forward to continuing to partner with Bob and our management team as we execute on our strategy woth goal of delivering significant, consistent, long-term earnings and free cash flow growth.

This is the first earnings call for Hugh Johnston, Disney's new CFO.

The Epic Games project is being called Disney's biggest entry in video games.

2025 films include Captain America: Brave New World, Fantastic Four, Elio, Zootopia 2, and Avatar 3.

Moana has crossed one billion minutes streamed on Disney+

Bob Iger confirmed that the Alien film will be called Alien: Romulus

The Disney+ version of the Taylor Swift concert will feature the whole concert including songs not featured in the theatrical or digital sale versions.

A second season of Percy Jackson and the Olympians has been ordered 

Agatha, Skeleton Crew, and Acolyte are listed as upcoming Disney+ highlights.

6 out of the top 10 streaming movies in the United States are on Disney services.

The standalone ESPN, will be able to be bundled with Disney+

The direct to consumer ESPN will feature ESPN BET integration, addtional stats, and other interactive features.

Disney+ will be the exclusive home of the Taylor Swift concert film.

Nick Saban will  be joining ESPN as a commentator

The call is starting...

The direct-to-consumer ESPN streaming service is expected to launch by the Fall of 2025, and could be as early as August 2025.

Disneyland saw increased guest spending, which was mostly offset by higher costs to operate.

Walt Disney World saw fewer guests and higher costs. 

The hold music for the earnings call is from Journey of Water.  

After the interview, the stock is up 6.96 (7.02%) in after hours trading

That's all for the interview, but the call should begin in the next few minutes

Bob Iger says the domestic parks business is "generally healthy"

Bob Iger has no plans to speak to Nelson Peltz

 Disney's efforts on password sharing will happen next year.

Bob Iger says the last thing that they need right now is to be distracted by those that don't understand the Disney business and Disney brand.

Compared to last year, Disney has invested $59 million more in their domestic experiences compared to last year's quarter.

The Board has approved a .45 dividend which is a 50% increase compared to their previous dividend.

The Moana animated series is turning into a Moana feature, which will be released theatrically.

Disney has approved a share repurchase plan and plans to purchase $3 billion worth of shares in 2024. 

Disney is taking a minority stake in Epic games and will be creating a Disney universe connected to Fortnite.

Bob Iger still calls the parks group, "Parks and Resorts" and not the new "Disney Experiences" name

On CNBC, Bob Iger says all of their divisions are doing well.

Disney expects to reach profitability on streaming by the fourth quarter of this fiscal year.

Disney has updated guidance for FY24 earnings to $4.60 which is 20% higher than the 2023 fiscal year.

Earnings are out. Earnings were $1.22 with revenue of $23.55 billion. EPS beats the street but misses on revenue.

Disney stock closed at 99.27 down .02 (.02%)

An analyst on CNBC says Bob Iger may cut costs even further to fend off the proxy fight. While creating content costs money, she believes that they may sacrafice future content for a temporary cost cut.

"The Street"is expecting reenue of $23.8 billion and earnings per share of $1.01. We will see how Disney does compared to those expectations.

Hello! Today's call is set to begin at 1:30 p.m. PT — but Bob Iger is set to appear on CNBC ahead of that. Stay tuned