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News Disney plans to accelerate Parks investment to $60 billion over 10 years
- Thread starter CaptainAmerica
- Start date
Andrew C
You know what's funny?
too hot. lol. It is true that Disney is really good at finding excuses so they can disappoint us.
Whether you agree or not with the tariffs or not, I do not think you should set a countries fiscal policy based on its effect on building theme park rides.
Disney has been sitting on its hands.
They could have started these projects years ago.
Iger has only Iger to blame.
Disstevefan1
Well-Known Member
Andrew C
You know what's funny?
They couldn't even build a carousel...
Disney wants to spend that allocated money on the things they announced. They're not looking to cut back because it's the money they want to spend on the bet that parks continue to have a high ROI.
If they *have to* cut back because of tariffs or recession, it'd be because of tariffs and/or recession.
Andrew C
You know what's funny?
I feel like they don't really want to spend the money or go all out. When there is a hiccup, Disney panics, and cut after cut ensues. Meanwhile, Universal decides not to do much theming on a show building...
Their timing always seems to just suck, they always underdeliver...it cannot be a coincidence every time. It can't always be someone else's fault.
Likewise it can't always be Disney's fault when there are things outside of their control: A Great Recession, COVID, being a political target, tariffs, etc...
Andrew C
You know what's funny?
Every 5 years there will be something...
Disstevefan1
Well-Known Member
Look on the bright side, they do make excellent excuses for Iger to use
Disney Analyst
Well-Known Member
This will impact all companies trying to make an investment in the local economy. Not just a Disney or Iger problem.
All theme park providers looking to expand, create jobs, will be impacted.
Chi84
Premium Member
People on this board must live in a world where these things don’t exist.
Rest assured Iger will blame and has blamed hurricanes and the closure of parks when he and the CFO meet with Wall Street during quarterly public earnings call.
lazyboy97o
Well-Known Member
Amusement park rides are a great example of how the narrative of manufacturing in the US, which had been increasing and facing labor shortages, is not always true. American companies aren’t being outcompeted on price but quality.
Also, amusement rides should be part of developing trade policy. Tariffs have not traditionally been set on a blanket per territory basis, but instead on a granular level where different types of goods are charged different duties. That’s why duty free shops at airports all tend to focus around certain products. It’s how we got Nix v Hedden, the Supreme Court case that unanimously held that tomatoes are a vegetable for trade purposes.
Andrew C
You know what's funny?
It’s more about how companies deal with them. Not the fact about whether economic hiccups exist. Disney underdelivering is a problem for many of us.
lazyboy97o
Well-Known Member
My favorite is stuff like “They’re still blaming the Epcot cuts on COVID” as though the reason something happened would change with time.
lazyboy97o
Well-Known Member
Universal cut a whole bunch of projects and people. They didn’t do want people keep claiming.
Disstevefan1
Well-Known Member
Iger is very happy he exists in a world where these things exist otherwise he would have no excuses
Sir_Cliff
Well-Known Member
Regardless of your opinion about the policies (which are not exactly consistent from one day to the next), the impact they would have on future projects is a relevant point in a general sense.
If the outcome is that they would be negative, that should at least provide some food for thought rather than just asserting it's Disney's own fault as they should have already built everything in the past.
Chi84
Premium Member
That’s a senseless statement.Iger is very happy he exists in a world where these things exist otherwise he would have no excuses
Maybe take a split second to think before you post something like that.