Chapter 1: What is the main topic discussed in this episode?
Hi, I'm Stephen Carroll.
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We welcome Bloomberg Tech co-hosts Ed Ludlow and Caroline Hyde, and they are joined by Disney CFO Hugh Johnston. Take it away. Thank you very much indeed. It's wonderful to be joined by you, Hugh, with Ed and I across various parts of America. Hugh, just first, start with us for a moment, will you?
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Chapter 2: What were Disney's fourth quarter performance highlights?
And the answer is yes. People love the SportsCenter4U capability. They love... the Discover Sports capability that we have. In addition to that, in terms of the subscriptions that we're getting, 80% of those are bundled subscriptions. So it's not just benefiting ESPN, it's benefiting the entirety of the Disney Plus ecosystem. So we feel great about it from both perspectives.
It's off to a great start, and what we've seen is engagement goes up when people do subscribe to the service.
Hugh, is this the last earnings report and quarter before Disney's board names a successor to Bob Iger as CEO?
That's a great question. So what the board has previously indicated, and I will say the board has been about as transparent as any CEO succession I have ever seen in my long career. What the board has indicated is that will take place sometime during the first calendar quarter of 26.
We report in next February whether that'll be before or after I'll be up to the board, but we should have it done by the end of March.
Disney CFO Hugh Johnson, great to talk again. Thank you very much.
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