News Disney plans to accelerate Parks investment to $60 billion over 10 years

Lilofan

Well-Known Member
It came out of a story that claimed Iger never actually gave up his office when he stepped down from CEO and Chapek was CEO because he really loved that his office had a shower and he really loved taking multiple showers a day.

I presume he still has this office and will retain it after he (again) steps down from CEO sometime in the next 20 years or so and is kept on in some sort of paid adviser position.
Also after a long day at the office Iger would shower , change into his evening clothes, leave the office and go to Hollywood related events late into the night.
 

Disstevefan1

Well-Known Member
He’s 74 I think, works out daily in the pre dawn hours on his home Versa climber (45min) and goes to work. He looks in great shape for his age. An average person would not last 5 min without being gassed.
I know you admire Iger. That's great.

I never met Walt but I admire him for what he did to build The Walt Disney Company.

Yes you told me about the Versa climber. Amazing. He should stepdown and enjoy his MONEY while he is healthy enough to do so.

He cant possibly live long enough to enjoy even a fraction of his great wealth!

Unless..... He is a vampire...... Hmmmm 45 min Versa climber you say????
 

Lilofan

Well-Known Member
I know you admire Iger. That's great.

I never met Walt but I admire him for what he did to build The Walt Disney Company.

Yes you told me about the Versa climber. Amazing. He should stepdown and enjoy his MONEY while he is healthy enough to do so.

He cant possibly live long enough to enjoy even a fraction of his great wealth!

Unless..... He is a vampire...... Hmmmm 45 min Versa climber you say????
Walt was a great man. Unfortunately smoking is what killed him at age 65. I remember touring One Mans Dream at MGM back in the day. The exact replica of Walt office and I counted 8 glass ashtrays.
 

Bocabear

Well-Known Member
doubtful it went too far south....and honestly if he quit tomorrow he would have a lavish lifestyle for the rest of his life...When you have that much wealth acquired, one doesn't really need to continue to work unless it is just something he likes to do...
 

Lilofan

Well-Known Member
doubtful it went too far south....and honestly if he quit tomorrow he would have a lavish lifestyle for the rest of his life...When you have that much wealth acquired, one doesn't really need to continue to work unless it is just something he likes to do...
Some keep working for something to do and or want to yield their power and influence , make a difference or etc . Being in charge is for some their drug.
 

Bocabear

Well-Known Member
It would be great if the head of a creative media mega-company would be inspiring creative works and expansion that is not tied to a currently popular Disney IP Mandate... Seems like what we mostly hear about is budget cuts and lackluster plans.... the loss of creativity in their more recent renovations and de-theming of the resorts. It doesn't feel like a golden age of creative expansion... Perhaps it is time for Iger to start looking for someone with a better creative vision to run the company...Someone that understands what the product was all about aside from a money-grab.
 

MR.Dis

Well-Known Member
It came out of a story that claimed Iger never actually gave up his office when he stepped down from CEO and Chapek was CEO because he really loved that his office had a shower and he really loved taking multiple showers a day.

I presume he still has this office and will retain it after he (again) steps down from CEO sometime in the next 20 years or so and is kept on in some sort of paid adviser position.
That is why the person who is named the next CEO do it on the condition that the keys to this office are turned over to the new CEO. Iger should NOT have access to corporate offices, be allowed by invite only. The cord must be cut totally and permanently for this corporation to evolve and grow. In the years to come there can be multiple celebrations and back patting of the Iger years, but in the beginning the new management needs space to chart their vision.
 

Disstevefan1

Well-Known Member
That is why the person who is named the next CEO do it on the condition that the keys to this office are turned over to the new CEO. Iger should NOT have access to corporate offices, be allowed by invite only. The cord must be cut totally and permanently for this corporation to evolve and grow. In the years to come there can be multiple celebrations and back patting of the Iger years, but in the beginning the new management needs space to chart their vision.
Someone please check me on this but he will hold some sort of position with TWDC even after he steps down from CEO, this will give him the excuse to keep his office (and shower).
 

lentesta

Premium Member
Bob seeing if he can get $60 billion in materials delivered in the next 90 days:
View attachment 852501

Uncertainty around tariffs can delay the projects that haven't already started construction.

My guess is that Cars, Villains, and Monsters, plus whatever's coming in Animation Courtyard, is $2B+ in project costs.

A decent chunk of that is systems, materials, and tools made internationally. For example, a complex ride system is probably $70MM to $100MM+ by itself, from companies like Vekoma or Intamin. Both of them are based in the Netherlands. I'm told that Disney doesn't think anyone in the US has that kind of capability right now.

I believe any WDI project above $1B has to get board approval. But the tariffs on the cost of materials has swung between 0% and 20% just in the last week for the Netherlands. And nobody knows what China's is going to be tomorrow.

That makes it impossible to tell the board how much these things are going to cost. And since they can't tell the board, they can't get approval.
 

Tha Realest

Well-Known Member
My guess is that Cars, Villains, and Monsters, plus whatever's coming in Animation Courtyard, is $2B+ in project costs.

I believe any WDI project above $1B has to get board approval. But the tariffs on the cost of materials has swung between 0% and 20% just in the last week for the Netherlands. And nobody knows what China's is going to be tomorrow.

That makes it impossible to tell the board how much these things are going to cost. And since they can't tell the board, they can't get approval.
1744374999149.gif
 

lazyboy97o

Well-Known Member
Both of them are based in the Netherlands. I'm told that Disney doesn't think anyone in the US has that kind of capability right now.
Intamin has an office in The Netherlands but are based in Lichtenstein.

It’s not just Disney either. Even Six Flags (and Cedar Fair before the merger) often buys more expensive European rides versus American ones. If you want a high quality flat ride Zampera (Italy) is the default top choice. Top of the line steel coasters come from Vekoma (Netherlands), Intamin (Lichtenstein), Mack (Germany) and B&M (Switzerland but manufactured in the US). Want something crazy and unique, then Dynamic Attractions (Canada) is a major go to, especially for Disney. A really good wood coaster or small to mid size steel coaster to be American. Rouch does a lot with Disney on trackless. Oceaneering used to be a go to for Universal but that relationship was faltering, and now with their being acquired by Falcon’s that pretty much locks them out for the near term (it’ll be interesting to see if Universal looks to someone else to manufacture the ride vehicles for the UK version of Jurassic World Adventure).

But it’s also not just ride systems. Themed attractions use complex, custom ride and show control systems. A lot is designed and even assembled in the US, but utilizes imported electronic components. Practical effects and animatronics are all built around electronic components.
 

Disney Analyst

Well-Known Member
Uncertainty around tariffs can delay the projects that haven't already started construction.

My guess is that Cars, Villains, and Monsters, plus whatever's coming in Animation Courtyard, is $2B+ in project costs.

A decent chunk of that is systems, materials, and tools made internationally. For example, a complex ride system is probably $70MM to $100MM+ by itself, from companies like Vekoma or Intamin. Both of them are based in the Netherlands. I'm told that Disney doesn't think anyone in the US has that kind of capability right now.

I believe any WDI project above $1B has to get board approval. But the tariffs on the cost of materials has swung between 0% and 20% just in the last week for the Netherlands. And nobody knows what China's is going to be tomorrow.

That makes it impossible to tell the board how much these things are going to cost. And since they can't tell the board, they can't get approval.

Great points.

Regardless if you love or hate the plans that have been announced, this is all bad news for any theme park in the US with plans to expand or add attractions.

No one should celebrate this nonsense.
 

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