Now wait just a doggone minute. Are you trying to say that ripping out old rides and replacing or retheming them isn't actually park or capacity expansion??
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News Disney plans to accelerate Parks investment to $60 billion over 10 years
- Thread starter CaptainAmerica
- Start date
Now wait just a doggone minute. Are you trying to say that ripping out old rides and replacing or retheming them isn't actually park or capacity expansion??
BrianLo
Well-Known Member
Ask Paramount, Fox and WB how that worked out for them. Or NBC-Universal, which was technically the first to fall and be acquired.
Some of the success came from the Disney content flywheel. Whether it was just dumb luck is debatable. But he was pretty lucky for a while there.
Much of the success Iger would like to claim as his own was built by Pixar (their movie slate in the mid-to-late 2000's) and Kevin Feige. WDAS has had 2 major hits under Iger - Tangled and Frozen.
BrianLo
Well-Known Member
Huh? Tangled wasn't actually a hit. I'm confused what metric you are using.
You've forgotten Moana, Frozen 2, Zootopia. These meet every definition of hits.
If you are including Tangled; Big Hero 6 and Wreck it Ralph also did significantly better.
Anyways, as I said it wasn't just about interest rates, he got very, very lucky with content. Across the board for the better part of a decade.
Sirwalterraleigh
Premium Member
What sucks is this is exactly how it’s gonna play
erasure fan1
Well-Known Member
I know right! I figured we we're at double the capacity at wdw since they shut down 20k. I'll be a monkey's uncle.
John park hopper
Well-Known Member
So many have been removed, never placed
tanc
Well-Known Member
I'm all for new lands if they properly invest into them, I love HK DL Frozen area and Zootopia in Shanghai. Still obviously have yet to see Fantasy Springs, but given that it's Tokyo I don't expect it to fall short. It'd be a fever dream for Disney to have the funds of Tokyo and build whatever they possibly can imagine.
harryk
Well-Known Member
Promises, promises, lots of promises......just wait and see if anything actually happens and how long it takes.
Disney plans to nearly double its investment in parks and cruises business
Disney's theme parks have been a relative bright spot while the entertainment giant struggles to make a profit on streaming.www.cnbc.com
Disney, Challenged Elsewhere, Plans to Spend $60 Billion on Parks and Cruises
Amid uncertainty for the company’s film and TV divisions, the investment over the next decade doubles the outlay in the last 10 years.www.nytimes.com
Sirwalterraleigh
Premium Member
The problem with those lands is they aren’t being watched penny for penny by the New York Stock Exchange
Which is why Disney never got fully inbed with their antics and maintained a discrete distance…
That’s what’s allowed a lot of their success and argylle pooched it
SplashJacket
Well-Known Member
So here’s the question, what if shovels are in the ground at the start of FY 2025? D23 is August 9-11. FY 2025 starts October 1st 2024…
Would any of you admit excessive pessimism?
Some pessimism is warranted, but “sky is falling, Iger is evil” is laughable.
Yes, imagineering was gutted, but the job postings for Disney positions have been astronomical over the last several months.
Plus, theme park projects are considered “expedited design,” and someone will insert some quip about ridiculous construction timelines, but the industry builds and designs simultaneously, which means the timeline from ideation to completion becomes greatly reduced.
In other words, there doesn’t need to be much pre-development time as you might expect.
Yes, there’s a lot, but for the complexity and custom nature of the projects, ideation to completion timelines can be surprisingly short.
Would any of you admit excessive pessimism?
Some pessimism is warranted, but “sky is falling, Iger is evil” is laughable.
Yes, imagineering was gutted, but the job postings for Disney positions have been astronomical over the last several months.
Plus, theme park projects are considered “expedited design,” and someone will insert some quip about ridiculous construction timelines, but the industry builds and designs simultaneously, which means the timeline from ideation to completion becomes greatly reduced.
In other words, there doesn’t need to be much pre-development time as you might expect.
Yes, there’s a lot, but for the complexity and custom nature of the projects, ideation to completion timelines can be surprisingly short.
Ah, I did forget Moana.
Thank you for correcting me on that. And I'm not counting any sequel. Original stuff. Z******* wasn't a hit (despite the people who will point to the box office numbers and loudly proclaim it one. It had ZERO impact or pull outside of the theater. And furry clubs. And the story sucked.)While I thoroughly enjoyed BH6, it was never a hit, nor was Ralph (and I liked it a lot as well). Baymax as a character was a big hit, though, and sadly they've done nothing with Ralph since (except make a bad sequel). I stand by Tangled being a hit. But yes, he got very lucky. His ego won't allow that to be said, though.
SplashJacket
Well-Known Member
It sounds like you just didn’t like Zootopia and are applying arbitrary logic to fit the narrative that’s it’s not good because you didn’t like it or popular because you don’t think it should be?
Sirwalterraleigh
Premium Member
Tangled had a double production budget because it was so messed up…so it wasn’t a hit…
But had they done it right the first time…it would have been a big hit
And it has lasted/pushed massive amounts of product.
I’d argue that tangled is one of the 4 most important animation movies in Disney history…
Frozen doesn’t explode without tangled
It’s one of Disney most underutilized properties
Proving they don’t know how to look at things
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Sirwalterraleigh
Premium Member
This is fun
My opinion as to what properties they need to Lean into…based on lack of oversaturation and product appeal longterm:
Tangled
Big hero
Moana
Nemo
Encanto
My opinion as to what properties they need to Lean into…based on lack of oversaturation and product appeal longterm:
Tangled
Big hero
Moana
Nemo
Encanto
24 Hours After Bob's town hall and still no new shovels in the ground building at most, but not more than 7 new lands.
EPCOT-O.G.
Well-Known Member
But the stock’s down 3% since he started the event
*COULD* build 7 new lands.
Iger was dispelling the myth that some of the parks are too 'land locked' to add capacity.
There was not a promise of 7 new lands.
$60B for parks. A portion designated for new capacity (i.e., not just replacement). And $17B for WDW. That is what was promised.