Ben Fritz

And Disney both thinks there's a good theme park business there. and also is hoping that by establishing a theme park there, it will make people more interested in Disney's brands, which will get them more likely to use Disney+, watch Disney movies, buy Disney consumer products and toys, etc.

And Disney both thinks there's a good theme park business there. and also is hoping that by establishing a theme park there, it will make people more interested in Disney's brands, which will get them more likely to use Disney+, watch Disney movies, buy Disney consumer products and toys, etc.

Sure, so it's unusual. So usually Disney partially or entirely builds the theme parks itself and then owns them, which costs many billions of dollars, but obviously has a huge upside eventually from the ownership. In this case, Disney is partnering with Miral, and Miral is going to entirely pay for the theme park.

Sure, so it's unusual. So usually Disney partially or entirely builds the theme parks itself and then owns them, which costs many billions of dollars, but obviously has a huge upside eventually from the ownership. In this case, Disney is partnering with Miral, and Miral is going to entirely pay for the theme park.

Disney is licensing its IP to them, and then Disney is going to do the actual design of the rides and attractions, and it's going to consult on how to operate the park. Working with a local company in a foreign country where Disney has done very little business kind of helps it to navigate things there.

Disney is licensing its IP to them, and then Disney is going to do the actual design of the rides and attractions, and it's going to consult on how to operate the park. Working with a local company in a foreign country where Disney has done very little business kind of helps it to navigate things there.

And then also, Disney has a big but limited amount of capital, and they're making a lot of other investments.

And then also, Disney has a big but limited amount of capital, and they're making a lot of other investments.

So the Experiences division of Disney, which is primarily parks as well as consumer products, has a growing share of its operating income especially. And Disney said that last quarter, despite some economic uncertainty that we're all familiar with, the domestic parks attracted more guests and higher spending from the visitors who came.

So the Experiences division of Disney, which is primarily parks as well as consumer products, has a growing share of its operating income especially. And Disney said that last quarter, despite some economic uncertainty that we're all familiar with, the domestic parks attracted more guests and higher spending from the visitors who came.

So the operating income for the Experiences business rose 9% to $2.5 billion, which is some of the best growth for any business within the company. And the entertainment streaming business outside of sports reported a profit. It was $336 million last quarter compared to $47 million a year ago. But the big streaming question for Disney this year is going to be what happens to ESPN.

So the operating income for the Experiences business rose 9% to $2.5 billion, which is some of the best growth for any business within the company. And the entertainment streaming business outside of sports reported a profit. It was $336 million last quarter compared to $47 million a year ago. But the big streaming question for Disney this year is going to be what happens to ESPN.

Disney is planning to launch ESPN. A standalone ESPN streaming service that has everything you can get from ESPN on TV. Currently, ESPN Plus basically just has the sports that don't make the cut for ESPN cable. Bob Iger said on the earnings call today that Disney is going to announce the official name for it and announce the price for it next week.

Disney is planning to launch ESPN. A standalone ESPN streaming service that has everything you can get from ESPN on TV. Currently, ESPN Plus basically just has the sports that don't make the cut for ESPN cable. Bob Iger said on the earnings call today that Disney is going to announce the official name for it and announce the price for it next week.

Sure. My pleasure.

Sure. My pleasure.

Chinas Premier Li Qiang sagte, dass KI die Grundlage für die Verbesserung der digitalen Wirtschaft in China wäre. Er beklagte, dass China die Unterstützung für Applikationen von großen KI-Modellen und KI-Hardwaren wie Smartphones und Robots eröffnen würde. Und Chinas Top Economy Planner sagte auch, dass

Chinas Premier Li Qiang sagte, dass KI die Grundlage für die Verbesserung der digitalen Wirtschaft in China wäre. Er beklagte, dass China die Unterstützung für Applikationen von großen KI-Modellen und KI-Hardwaren wie Smartphones und Robots eröffnen würde. Und Chinas Top Economy Planner sagte auch, dass

The country aims to develop a system of open source models while continuing to invest in computing power and data for AI.

The country aims to develop a system of open source models while continuing to invest in computing power and data for AI.