On layoffs, very bad attendance, and Iger's legacy being one of disgrace

[DVCakaCarlF]

Which I sort of agree with - there was no reason for the market to keep going up the way it did - so, as I mentioned in the above post, I always assumed that it was going to have a huge correction - and planned accordingly.

Even if things were, and, in the same note, are, structurally “sound,” the length of time for an economic correction was long overdue.

A typical recession happens every 60 months. Covid was just the domino that started everything. There were enough bankruptcies, retail declines, and “euphoria” in the market to clearly show we were at the tipping point.

 

[WDW Pro]

Actually its just restarted. A close relative works for a big production studio here in the UK and Netflix, Uni and Disney have all ramped up to full production both here and at their sister US locations.

It is absolutely false that companies are at full production in the US.

 

[Lilofan]

Even if things were, and, in the same note, are, structurally “sound,” the length of time for an economic correction was long overdue.

A typical recession happens every 60 months. Covid was just the domino that started everything. There were enough bankruptcies, retail declines, and “euphoria” in the market to clearly show we were at the tipping point.

I don't agree. Many were jumping for joy when the stock market reached record levels around Valentines Day then with covid and country closing - crashed to bottom in late March. The market rebounded very nicely through present time.

 

[ToTBellHop]

It is absolutely false that companies are at full production in the US.

As far as I can tell, only major tent poles resumed. Like Jurassic World.

 

[DVCakaCarlF]

I don't agree. Many were jumping for joy when the stock market reached record levels around Valentines Day then with covid and country closing - crashed to bottom in late March. The market rebounded very nicely through present time.

I’m not disagreeing with the results of the stock market, I’m saying we were overdue for a correction of some sort...Covid just amplified the hell out of it.

 

[HauntedMansionFLA]

"I'll be back on Christmas Day!"

Happy Birthday!!

 

[DVCakaCarlF]

Happy Birthday!!

Hated that movie...preferred the claymation.

 

[ToTBellHop]

Hated that movie...preferred the claymation.

 

[MerlinTheGoat]

I worry about this too. DLP has continued refurbishing work and its wonderful to see how good the parks look now (even on twitter).

I don't want that to stop.

Yeah. I expect OLC will continue to operate Tokyo Disneyland with the save love they have since it opened (essentially almost everything looking like it opened yesterday and the streets looking clean enough to eat off). But as you said, Paris only recently got back on its feet after many years of being trashed. It would be tragic if it fell back into decay again.

WDW has been in a gradually declining state since the mid 90s or even before. The peak of its poor quality I would say was probably 2010-2012. There were some small attempts to clean certain attractions up after this (Splash Mtn in particular reopening with a wonderful rehab that made the ride look brand new again). But WDW never received a truly sweeping property wide cleanup to the extent that Cali and Paris received. So seeing how poorly WDW is managed even in seemingly "healthy" financial times, i'm very concerned with what a devastating (and possibly lengthy) financial collapse and corporate upheaval will do to it...

 

[DVCakaCarlF]

Yeah. I expect OLC will continue to operate Tokyo Disneyland with the save love they have since it opened (essentially almost everything looking like it opened yesterday and the streets looking clean enough to eat off). But as you said, Paris only recently got back on its feet after many years of being trashed. It would be tragic if it fell back into decay again.

WDW has been in a gradually declining state since the mid 90s or even before. The peak of its poor quality I would say was probably 2010-2012. There were some small attempts to clean certain attractions up after this (Splash Mtn in particular reopening with a wonderful rehab that made the ride look brand new again). But WDW never received a truly sweeping property wide cleanup to the extent that Cali and Paris received. So seeing how poorly WDW is managed even in seemingly "healthy" financial times, i'm very concerned with what a devastating (and possibly lengthy) financial collapse and corporate upheaval will do to it...

I must be the only one annoyed about this...but I can’t stand that the twinkle/small light bulbs at GF, BW, BC, YC don’t all work...I loved how they carried a “glow” through the night.

I’ve pushed my daughter in a stroller to sleep late at night on the Boardwalk looking at them as I made a loop around Crescent Lake.

 

[ToTBellHop]

I must be the only one annoyed about this...but I can’t stand that the twinkle/small light bulbs at GF, BW, BC, YC don’t all work...I loved how they carried a “glow” through the night.

I’ve pushed my daughter in a stroller to sleep late at night on the Boardwalk looking at them as I made a loop around Crescent Lake.

The popcorn light sitch at the resorts and MK is appalling. Flagship park and resort at the flagship property, my Alien Swirling Saucers!

 

[socalifornian]

It is absolutely false that companies are at full production in the US.

Most of the reports seem to be coming out of Georgia. We’re still largely shut down out here in CA where the virus was probably a lot worse, I never kept up with that state, and our government is definitely more strict. We were originally supposed to be back on June 12

 

[SoFloMagic]

Their customer service is horrible. I asked them several times what my new expiration date was, via email and twitter DM's and they never answered. When I tried to call, I couldn't even get into a waiting queue. I assumed it was sometime in August, but the lack of care coupled with reviews I've seen and read about mask issues was enough for me to just disregard going back and letting the pass expire.

Try bugging them on facebook. I was able to get them to cancel my pass and stop billing me.

 

[Rteetz]

As far as I can tell, only major tent poles resumed. Like Jurassic World.

Avatar 2 in New Zealand too.

 

[Winter]

So by the way the first 8 pages sound like (don't feel like reading the entire thread), Disney might shut down??? Or am I misunderstanding what this is saying and the worst case scenario isn't THAT amount of bad?

 

[Lilofan]

Yeah. I expect OLC will continue to operate Tokyo Disneyland with the save love they have since it opened (essentially almost everything looking like it opened yesterday and the streets looking clean enough to eat off). But as you said, Paris only recently got back on its feet after many years of being trashed. It would be tragic if it fell back into decay again.

WDW has been in a gradually declining state since the mid 90s or even before. The peak of its poor quality I would say was probably 2010-2012. There were some small attempts to clean certain attractions up after this (Splash Mtn in particular reopening with a wonderful rehab that made the ride look brand new again). But WDW never received a truly sweeping property wide cleanup to the extent that Cali and Paris received. So seeing how poorly WDW is managed even in seemingly "healthy" financial times, i'm very concerned with what a devastating (and possibly lengthy) financial collapse and corporate upheaval will do to it...

If WDW has been declining since the 1990s how does one explain the increasing levels of attendance year after year?

 

[wvdisneyfamily]

Except this time the beer and companionship is better.

And the wine - the wine is also better!
But not the whine...

 

[MerlinTheGoat]

I must be the only one annoyed about this...but I can’t stand that the twinkle/small light bulbs at GF, BW, BC, YC don’t all work...I loved how they carried a “glow” through the night.

I’ve pushed my daughter in a stroller to sleep late at night on the Boardwalk looking at them as I made a loop around Crescent Lake.

The popcorn light sitch at the resorts and MK is appalling. Flagship park and resort at the flagship property, my Alien Swirling Saucers!

They're already broken again? I let my AP expire this past November and haven't driven over to WDW since then. The check in side was converted to LED a few years ago and they were looking quite great for a while. The monorail station at MK was also redone with LEDs recently and was looking lovely (same for all the bus terminals). That said, Narcoossees and a building near the kiddie pool have had troublesome lighting for a while now. They're LED as well, but much older than the ones on the main building (probably done back when the DVC was constructed). They have a bunch of non functional bulbs.

LED's have the potential to last for decades (and the diode themselves generally are reusable), but they require high quality wiring and circuit boards to do so. Most LEDs available to the public (especially newer ones from the past 5 years) use incredibly poor quality electrical components and fail very quickly. This is intentional cost cutting as well, GE even sells so-called "longer life" LED's at a higher price point than the regular ones.

Sad thing is that Disney could have avoided this pitfall as the electrical work was likely custom fit and they had better control over the quality. I guess they skimped on the budget and parts though...

 

[Jrb1979]

So by the way the first 8 pages sound like (don't feel like reading the entire thread), Disney might shut down??? Or am I misunderstanding what this is saying and the worst case scenario isn't THAT amount of bad?

No they won't shut down. They may close a couple days a week. The demand isn't there as Lex Luthor (Bob Chapek)thought. The guests that tend to spend the most money aren't going.

 

[WDW Pro]

Most of the reports seem to be coming out of Georgia. We’re still largely shut down out here in CA where the virus was probably a lot worse, I never kept up with that state, and our government is definitely more strict. We were originally supposed to be back on June 12

Georgia's no where close to full production either. It's a ludicrous statement some of them are making. At best, Atlanta area film production is at 40% of last year... and that's if you include preproduction. You essentially can't do any fighting, romantic, or other problematic scenes at the moment.