CLAIM #21071 · DIS (DIS) · 2021Q3 earnings call · Aug 12, 2021 · due Oct 15, 2021
“The IPL is coming back. It’s scheduled to come back on September 19, and it will run through, I believe, the last final match is scheduled for mid-October, around October 15.”
Christine McCarthy · CFO
In context
“er quarter. We haven’t specifically quantified it, but I would say that it is driven by higher impressions as well as rates. And as I mentioned, the ability for us to use the dynamic ad insertion in Hulu Live is also a benefit. I think, the advertising sales team, if they had more inventory, they could certainly sell it. There’s that much demand for it. Just to put some context around it, because I think it’s a precursor of what the upfront showed is that the -- we came out of a very strong upfront but we had about 40% of the total upfront dollars into streaming and digital. And a lot of that is not only across Hulu, but also across our other entertainment and sports platforms. So, I think that just shows that the kind of advertising that’s going through Hulu is certainly a growth driver. The IPL is coming back. It’s scheduled to come back on September 19, and it will run through, I believe, the last final match is scheduled for mid-October, around October 15. When you think about Disney+ Hotstar, IPL is certainly a very, very important component of the offerings, but it’s only one because we also have a very broad portfolio of general entertainment as well as other sports. It has a lot of original content, library content in it from all of the Disney+ brands and IP. And we added over 18,000 of original local programming every year. So, we feel really good about not only the IPL but also Star -- Hotstar+. In LatAm, we will be -- LatAm, the launch for LatAm is in later this quarter. But I don’t have any updates to anything new on the sports side. Operator: Next question comes from Doug Mitchelson of Credit Suisse. Doug Mitchelson: So, two questions. It’s certainly nice to see the U.S. parks profitable in fiscal 3Q. And I note that operating expe”
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SEC filings for DIS ↗ · Claim quote is verbatim from the 2021Q3 earnings call.