Lowell Singer | The Walt Disney Co. |
Robert A. Iger | The Walt Disney Co. |
Christine M. McCarthy | The Walt Disney Co. |
Michael Brian Nathanson | MoffettNathanson LLC |
Benjamin Daniel Swinburne | Morgan Stanley & Co. LLC |
Jessica Jean Reif Cohen | Bank of America Merrill Lynch |
Alexia S. Quadrani | JPMorgan Securities LLC |
Douglas Mitchelson | Credit Suisse Securities (NYSE:USA) LLC |
Todd Michael Juenger | Sanford C. Bernstein & Co. LLC |
Steven Cahall | RBC Capital Markets LLC |
David W. Miller | Imperial Capital LLC |
Tim Nollen | Macquarie Capital (USA), Inc. |
Welcome to the Q3 2018 Walt Disney Company Earnings Conference Call. We sincerely apologize for any difficulty you had joining the call today, and we thank you so much for your patience. My name is Vanessa, and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session.