Back of house improvements would be undertaken by any large company as a normal part of business. Not as a three billion and counting constant mess that still shows none of the promised ROI.
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News Disney Not Renewing Great Movie Ride Sponsorship Deal with TCM ; Attraction to Close
- Thread starter The Visionary Soul
- Start date
ford91exploder
Resident Curmudgeon
As most large companies do every day as part of their businesses, Wall St, Banks and Credit Card companies not to mention Airlines depend on systems which were initially designed and implemented in the 60's and 70's and for some functions still run code written then.
The SABRE GDS was initially developed at American Airlines as the 'Semi Automated Business Reporting Environment'
No Disney wasted money which was almost sufficient for a new gate so they would not NEED to build additional attractions they could simply 'steer' guests to lesser used attractions because all attractions are equally enjoyable to all people right Bueller?? Bueller...
Phil12
Well-Known Member
Here's a great 2008 article from the LA Times that discusses the Mickey copyright/trademark machinations that Disney has been involved with over many years: http://articles.latimes.com/2008/aug/22/business/fi-mickey22
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Mike S
Well-Known Member
What DHS should've been:
SWL up front near Star Tours expanding into the parking lot.
Muppets, same as what's going on.
Pixar over SoA/LMA. Incredibles E Ticket, Monsters Inc. D Ticket coaster + relocated Laugh Floor (BH6 takes its spot in Tomorrowland), an Up D Ticket like Shanghai's Peter Pan, Gusteau's restaurant, Wall-E AA rolling around for M&G's, and TSMM stays pretty much the same as it is now with the third track. Current TSL plot is unused.
Animation Courtyard becomes Toontown with the rumored Mickey ride and a clone of Roger Rabbit.
That brings the total ride count to 12. It's really too bad though that Disney lost their ability to handle a budget so much so that Avatar alone costs around $1 Billion and TSL has to see constant cuts. I can't imagine what my plan here would cost.
RSoxNo1
Well-Known Member
Is it fair to say that The Great Mickey Ride is taking resources away from Toy Story Land?
Both @marni1971 and @lazyboy97o make good points.
Lazyboy is saying that any debate of billions being spent on either attractions or infrastructure shouldn't even exist. BOTH should have been maintained over the years and there would be no need for either at this juncture.
And Martin is absolutely correct about the promised ROI that hasn't been seen.
Lazyboy is saying that any debate of billions being spent on either attractions or infrastructure shouldn't even exist. BOTH should have been maintained over the years and there would be no need for either at this juncture.
And Martin is absolutely correct about the promised ROI that hasn't been seen.
Goofyernmost
Well-Known Member
I'm not sure how or what ROI is expected in a infrastructure upgrade. Some, yes, but, that is not the reason for it. It might have been used as a justification for spending a lot of money on it, but, it isn't something that any company looks at as a money maker in any other sense then it allows them to continue to do business. If it adds something, that is just a jackpot.
Oh, and kudos! We managed to take the costs from 2 billion to 3 billion in just 5 or 6 posts. That must be a new record. I am amazed how many people here have access to Disney financial records. Must be nice. They don't usually let a lot of people know about that especially when we consider the complexity of the accounting system for a company the size of Disney. It must be a nightmare pulling all that information together.
lazyboy97o
Well-Known Member
Again, what you think Disney's position should be is irrelevant. Disney expected significant increases in revenue and communicated those expectations to shareholders.
SorcererMC
Well-Known Member
Yep, and Wall St wants to know if those investment expenditures are justified, too.
Goofyernmost
Well-Known Member
Could be, but, you act as if changes create immediate results and nothing can be long range and delivered over time. Look it doesn't matter to me one way or the other, but, if we are going to talk about irrelevancy let's take a minute to figure out the positive outcome of constantly saying "if they had spent that on attractions". They never were going to spend that on attractions, it was a separate line item from attractions and it never was going to be an attraction. So shouldn't everyone be getting over it by now? Didn't they approve billions in additional attractions, etc. right after they so foolishly, in your estimation, spent it on that alleged massive failure? Guess it didn't affect expenditures in that department at all did it. Let's get back to blaming it on China. Oh, wait... that didn't stop approval of billions in expenditures either did it. Nor did it stop the massive changes that are happening all over the parks, so I guess that the actual irrelevancy is that whatever they spent on the new system had absolutely no bearing on what they are doing now.
lazyboy97o
Well-Known Member
For a guy who constantly claims to not care, you sure do drone on and on a lot. Disney's promises of returns were immediate, not long term. I also never said anything about how the money should have been spent on attractions.
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Matt_Black
Well-Known Member
But we don't have those now and something something Frozen something something stock buybacks.
Goofyernmost
Well-Known Member
Let me just clarify... my entire attitude is based on the fact that what a company invests in is absolutely none of our business. If we disagree, as a stockholder, we sell it off and go to one that we agree with. As a customer if we are not happy about what happens we go to some other place and spend our money there. But, to constantly b**** about something that is not even slightly in our area of expertise is just foolishness. But, I do agree, enough has been said about it especially since my only comment was that the figure went from 2 Billion to 3 Billion in just 5 posts. One or both of those are incorrect and no amount of "but they promised" is going to change that. You and no one else other then the accountants in TWDC know what it costs for sure and I am very sure that they aren't talking.
lazyboy97o
Well-Known Member
If you have no interest in discussing the matter then just stop talking about it. If you don't want to read such discussions, then don't. Essays about why you don't care add nothing.
Matt_Black
Well-Known Member
If it adds nothing, why do you keep responding to him then?
SorcererMC
Well-Known Member
That is the raison d'etre of many threads; there are threads to complain about complaining. It's so meta.
ETA: And if TWDC wasn't making 'misguided' decisions on such a regular basis, perhaps it wouldn't be necessary, but here we are.
Cesar R M
Well-Known Member
guys, while I agree about My Magic and Fastpass+. Most of those 2 billion were needed.. because they were mostly a systems upgrade. Disney's system was ANCIENT and their multiple divisions were not linked together correctly.
It was Iger and Co who were claiming these were for the second coming of Jesus and not what it really was (aka a required upgrade to the backbone of Disney's IT systems and communications)
Next Big Thing
Well-Known Member
I'm not one to defend MM+, but judt pointing out that the fact that they are even making any money back on infrastructure upgrades is amazing as that never happens. It's normally something you just eat the costs of. They promised ROI to get it passed by the board, but any logical person should've known this was sketchy from the beginning if you are looking at it from a money making proposition.
Not that I'm aware of. Both have been trimmed, TSL was an absurd figure vs the finished product originally.
