I got in two weeks ago, think about the perfect storm for this stock, between vaccines and the pent up demand you mentioned, the explosive growth of Disney +, sports returning to previous levels and how well they should be able to cross promote between the three. I wouldn’t be shocked to see Disney + spun off at some point and being the next Netflix. Exciting time to be in, I’m trying to find a way to add more and hopefully enjoy a run up to 220-240.
They aren’t spinning it off unless the DOJ makes them. It’s a vertically integrated model. They own the best brands, Classic Disney, Pixar, Star Wars and Marvel, they make the movies and shows, they sell the licensed merchandise, and they use Disney+ to deliver digital content. The parks both make money and attract people but those kids love the characters and then consume the digital content later.
It is like the Beatles owned a national radio network and the best concert venues in America. But it’s more like one company owned that, plus the Stones, The Who, Elvis and Sinatra.
Content is king. Netflix has some headwinds. Has anybody noticed there isn’t much on Netflix? They aren’t getting content from Disney or TW anymore. Those Marvel shows helped them, but that well is dry now. HBOMax is already better than Netflix.
