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

Splash4eva

Well-Known Member
Just my opinion, he really does not care about the theme parks but needs parks and cruise lines as "cash cows" finance all the entities he wants to buy and to finance movies.

He needs the theme park development to happen to keep the cash cow healthy but it is his responsibility to make excuses (some will call reasons) why things do not go as planned in all areas of the company like movies, Disney+ and theme parks. The excuses/reasons need to sound good, he can just say, we have lost the skills and creativity to make movies and build theme parks.

Lets see what happens. Technically we are into year 3 of the 10 year plan. There is not much dirt moving.

The company continues to make movies with some wins and many losers.
Considering we have no clue what anything costs Disney’s”$60 billion dollar” number is nothing more than We cant find out what is considered a sell out for LL or for Party nights or Up Charge events. You truly think you are gonna drill down to this fake number they put out to get all the pixie dusters excited.
 
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MisterPenguin

President of Animal Kingdom
Premium Member
Considering we have no clue what anything costs Disney’s”$60 billion dollar” number is nothing more than We cant find out what is considered a sell out for LL or for Party nights or Up Charge events. You truly think you are gonna drill down to this fake number they put out to get all the pixie dusters excited.
Capex appears in the financial statements submitted to SEC. Lying about it is a huge risk to the company and those perpetuating the lie.

The Capex coming in the next 10 years is commensurate with current Capex spending.

I, your pixie dusting shill, have pointed that out before several times in the forums. It's no new special far-above the ordinary number.

But it takes a real hater to doubt that without any proof on their part.

Good day.
 
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Trauma

Well-Known Member
Do you mean me? I tried to stay economic than political. The policy commentary was meant as framing that I don’t have an inherent reason to downplay.

I think the cost of project goods should be fair game. It’s just economic reality. Assuming it doesn’t cause everyone to argue the why.

Just as attendance data, tourism and inflation are all relevant. We can hopefully just stick to the facts and resist the urges to go elsewhere.
I wasn’t talking about you. I didn’t think your post was political at all.
 

esskay

Well-Known Member
I had a thought. The figures being quoted as investment are obviously nonsense. But what I am wondering is if they're assuming the monorails will be replaced in that timeframe, because those could, and probably will easily eat $1bn+ due to them needing to be custom made rather than an "off the shelf" monorail (due to the different beam size, and the height restrictions going through the Contemporary).

Assuming they dont even bother start looking into it for another 5 years it could still be something they've lumped into that budget, as realistically they are going to be replaced at some point, it's just a case of when.

Combine that with the MK and AK expansions, a couple of new DVC resorts or sections and boom, you've met your target to be able to say 'yep we did a thing with some money', despite not actually accomplishing much of genuine value.

(Take all of this as a plucked out of my rear random shower thought)
 

John park hopper

Well-Known Member
We have a $60 billion investment planned over the next 10 years across all parks, which averages out to about $2.4 billion per year per park (12 parks in total, not including the two water parks or any resorts). Building Guardians of the Galaxy (GotG) cost approximately $500 million. This suggests that there is enough funding to create around four new rides each year at Walt Disney World (WDW) for the next decade. I mention this as a reference point to help understand the potential changes ahead. Of course, many variables could affect these estimates.
Four new rides --no they will rip out classics and replace them with something less
 

HauntedPirate

Park nostalgist
Premium Member
Just want to say I agree with both of the points you are making. But we have these numbers already broken out for us by the company.

It’s 1.19B of new build capacity at WDW per year. 70% of 17B / 10 years.

The ships are eating 12B of the larger 60, but they also are 1.1 a piece for their Triton class and the new ones I suspect will be less as they shed 30% of their tonnage. 1.6 maybe is what Genting was originally spending on what became Adventure?
Looks like the new ships were quoted (at least according to one website that I tend to trust) at $1.3 billion, not $1.6 billion.

ETA:

Sorry Mistake GIF
 
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Disstevefan1

Well-Known Member
Considering we have no clue what anything costs Disney’s”$60 billion dollar” number is nothing more than . We cant find out what is considered a sell out for LL or for Party nights or Up Charge events. You truly think you are gonna drill down to this fake number they put out to get all the pixie dusters excited.
THIS.gif
 
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montyz81

Well-Known Member
Just want to say I agree with both of the points you are making. But we have these numbers already broken out for us by the company.

It’s 1.19B of new build capacity at WDW per year. 70% of 17B / 10 years.

The ships are eating 12B of the larger 60, but they also are 1.1 a piece for their Triton class and the new ones I suspect will be less as they shed 30% of their tonnage. 1.6 maybe is what Genting was originally spending on what became Adventure?
Thanks. I hadn't seen that. Just think. 1.19B got you Epcot in 1982. Today, it feels like barely a ride refurb.
 

JAN J

Active Member
Capex appears in the financial statements submitted to SEC. Lying about it is a huge risk to the company and those perpetuating the lie.

The Capex coming in the next 10 years is commensurate with current Capex spending.

I, your pixie dusting shill, have pointed that out before several times in the forums. It's no new special far-above the ordinary number.

But it takes a real hater to doubt that without any proof on their part.

Good day.
Thanks, that's what I was wondering. There is a lot of CAPEX that is not related to expansions and new rides.

I see it as more of a brand risk than a financial one if 5-10 years down the line someone goes "how's that $60bn CAPEX going" and Disney goes "Right on track we have one new ship one new resort one new ride and replaced all the doors, chairs, cabinets, turnstiles and toilet seats in all the parks and hotels"
 

Nubs70

Well-Known Member
Capex appears in the financial statements submitted to SEC. Lying about it is a huge risk to the company and those perpetuating the lie.

The Capex coming in the next 10 years is commensurate with current Capex spending.

I, your pixie dusting shill, have pointed that out before several times in the forums. It's no new special far-above the ordinary number.

But it takes a real hater to doubt that without any proof on their part.

Good day.
SEC filings are backward looking statements.
 

Tha Realest

Well-Known Member
Thanks, that's what I was wondering. There is a lot of CAPEX that is not related to expansions and new rides.

I see it as more of a brand risk than a financial one if 5-10 years down the line someone goes "how's that $60bn CAPEX going" and Disney goes "Right on track we have one new ship one new resort one new ride and replaced all the doors, chairs, cabinets, turnstiles and toilet seats in all the parks and hotels"
That’s been part of my worry from the outset. There are a lot of non-sexy things that need to happen over the course of the next few years to make some of this possible. The ROA removal cannot be cheap, and any Monorail project (not sure how long the useful life of the current ye k system is) would be expensive, as would be temporary alternative modes of transport.
 

Disstevefan1

Well-Known Member
That’s been part of my worry from the outset. There are a lot of non-sexy things that need to happen over the course of the next few years to make some of this possible. The ROA removal cannot be cheap, and any Monorail project (not sure how long the useful life of the current ye k system is) would be expensive, as would be temporary alternative modes of transport.
What Monorail project? It seems to me WDW is keeping the current monorail going and I think it recently passed inspection (I think) ?
 

BrianLo

Well-Known Member
That’s been part of my worry from the outset. There are a lot of non-sexy things that need to happen over the course of the next few years to make some of this possible. The ROA removal cannot be cheap, and any Monorail project (not sure how long the useful life of the current ye k system is) would be expensive, as would be temporary alternative modes of transport.

We are still comparing decade on decade to Disney Springs and new transit and fairly significant gate infrastructure overhauls of entrances and hubs.

The non-sexy stuff is still theoretically baked into comps. I think how much they actually did in the back half of last decade is forgotten.
 

Nubs70

Well-Known Member
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