Disney Glimpses
Well-Known Member
Both. The project will cost at a minimum $200 million between the parks. They are already cancelling studio projects. Layoffs are on the horizon and they already announced the pull back of $500 million in capital expenditures for 2023. And any cash left over will be directed to save the DTC business.At both Disneyland and Disney World or just at WDW?
It's hard for them to delay it much longer at WDW unless they're going to actually spend money on the current attraction. It's essentially falling apart.
Now, they may still close it on time as it was suggested above and then simply slow play the refurb (they will have the capacity to do so after Tron opens). But I would not expect this attraction to open until 2026.
The truth is, regardless of which side of this debate you are on, it would be ridiculously terrible optics to proceed with an unnecessary re-theme (from a financial standpoint) after laying off thousands of employees across the company.
Which is why I think they will find as much cash as possible to minimize the need for a reduction in labor. The first place to start is unstarted and less financially forgivable projects.