Laurent Yoon's questions to Walt Disney Co (DIS) leadership • Q4 2024
Question
Laurent Yoon asked for color on the future drivers of streaming growth, specifically the expected mix of subscriber growth versus pricing increases. He also questioned if Disney plans to be more aggressive with local language content to drive international expansion.
Answer
CFO Hugh Johnston responded that future streaming growth will come from a balance of both subscribers and pricing, with a potential slight tilt towards pricing. CEO Robert Iger added that pricing strategy is also used to migrate users to the ad-supported tier. On local content, management reiterated that while it's valuable, significant investment will wait until platform technology is enhanced to improve churn and ROI, noting that blockbuster films already provide strong global reach.