I was on the eliptical at the gym so I wasn't able to pay attention 100% but he definately mentioned that holiday bookings are only down 1% this year but that overall attendance at their 'domestic parks' isn't yet suffering as much as people have wanted to predict year over year. ALTHOUGH, If you look at LONG TERM bookings he said "they’re off appreciably from a year ago.”
He said the lower long term booking analysis spurred them to announce a new offer to guests where they can pay for 4-nights & get 3 free. Great deal for anyone who's been on the conservative side about booking Disney trips because they're worried about the economy.
Anyway, he spent a great deal of time talking about their network ownership; ie Disney-ABC, ESPN, radio stations, etc. Which I didn't pay 100% attention to.
He sounded confident but there was an undertone of insecurity in my opinion, ESPECIALLY when Radigan was trying to close the interview and Bob Iger quickly [desperately] plugged the movie "BOLT."
aye, aye, aye.
Here's the 'rapid recap' link:
Disney Magic Battles Recession - Rapid Recap - CNBC.com