Mickey Mouse and Hannah Montana also bought a more than a lot of Disney stock.  During the first quarter of fiscal 2008, it repurchased some 31 million shares for $1.0 billion.

Disney shares closed down 2.7% at $30.07 in regular trading, yet shares are up over 4% to $31.35.  Its 52-week trading range is $26.30 to $36.79.

Eiger just got signed to a new contract recently.  It looks like he deserves whatever they are paying him.

Jon C. Ogg
February 5, 2008

If you have ever read any of the financial aspects behind the Hannah Montana franchise for Disney, the numbers are pretty big.  If this is 140 products or 500 products, it won’t make a difference individually to Wal-Mart because of its endless product line-up and its near-$100 Billion in quarterly sales.  Disney does over $8 Billion per quarter in revenues. 

This Hannah Montana has been reported as not just having sold out shows, but one where parents are pulling teeth out and paying in some cases ridiculous sums of cash to get concert tickets.  Wal-Mart isn’t exactly known for brand-luxury even if it is roughly 10% of U.S. retail spending.  Disney better hope this doesn’t dilute the franchise too much.  Maybe it already sees an end coming to this craze.

Why does this feel like another teen star or craze is being set up for a future version of "Where Are They Now?"

Jon C. Ogg
January 30, 2008