Down 5-6% premarket on missing their number.
Claim that skinny bundles are promising and have provided incremental subs for ESPN - but didn't quantify the net loss of subs for the quarter.
well they made big bucks off of me on the cruise
Disney park attendance down too but revenue about the same due to price increases.
But how long does it last? At some point does raising prices too much drive too many people away? Less people mean less parking, food and shopping dollars.Which is pretty much exactly want you want as a business. If you can drive less people but still make the same revenue you are more profitable because you need fewer people to run the business.
Which is pretty much exactly want you want as a business. If you can drive less people but still make the same revenue you are more profitable because you need fewer people to run the business.
LOL - No
Business 101 - the goal is to have as few customers as possible.
But how long does it last? At some point does raising prices too much drive too many people away? Less people mean less parking, food and shopping dollars.
I understand what you are saying but if you limit your customers you risk future dollars because at some point it becomes too expensive.If revenue is the same, you aren't losing a dime. Yes, there's a point of no return where the prices are too high and revenue falls. Revenue is already factoring everything..merchandise sales, parking, etc.
If you can make $10M with 400,000 people served or make $10M with 800,000 people served, it's much better to go with option A, because that will require far less resources and more profit. I'm confused why you wouldn't think otherwise (extreme example but it portrays the gist.)
I understand what you are saying but if you limit your customers you risk future dollars because at some point it becomes too expensive.
Mets and Yankees have a lot of empty high priced seats.
If revenue is the same, you aren't losing a dime. Yes, there's a point of no return where the prices are too high and revenue falls. Revenue is already factoring everything..merchandise sales, parking, etc.
If you can make $10M with 400,000 people served or make $10M with 800,000 people served, it's much better to go with option A, because that will require far less resources and more profit. I'm confused why you wouldn't think otherwise (extreme example but it portrays the gist.)
Exactly. You can cover your losses of fewer customers by increasing prices, but that's a band aid fix. At a certain point, likely sooner than later, the cost per admission is going to be so high that it's impossible keep your customer base stable and the whole thing will fall apart.
I understand what you are saying but if you limit your customers you risk future dollars because at some point it becomes too expensive.
Mets and Yankees have a lot of empty high priced seats.
Which is exactly what Disney needs to do.....................Develop long term repeat customers who are loyal to the brand and buy their merchandise.Regardless, for sports attendance there is a difference because you are talking about generating interest, and trying to convert casual fans into long-term fans, etc. .
Down 5-6% premarket on missing their number.
Claim that skinny bundles are promising and have provided incremental subs for ESPN - but didn't quantify the net loss of subs for the quarter.