Avatar boat ride cancelled?

wannab@dis

Well-Known Member
Well they wouldn't say anything else would they really?
Not sure how it is on your side of the pond, but in the U.S. a corporate executive of a public company making false statements to the public concerning finances is subject to criminal and civil prosecution. It's not hard for me to figure out who to believe... anonymous internet forum posters (some with clear agendas) who face zero repercussions, or an executive that could go to jail for lying to investors.
 

croboy82

Well-Known Member
I'm glad it's not true.....at least it seems very unlikely.

I used to read all articles from Miceage but seems they are quite often off lately :(
 

twebber55

Well-Known Member
I'm glad it's not true.....at least it seems very unlikely.

I used to read all articles from Miceage but seems they are quite often off lately :(
i would ve taken it more seriously if one of two things had happened
1. an insider (spirit, Marni, Lee, articos etc..) would have said so
2. If Cameron had not said two weeks ago something about 2 rides


i do think things are always fluid until construction completion
 

CJR

Well-Known Member
There is absolutely no evidence that the company has cut any projects. The stuff they're claiming to have been cut was never green-lit in the first place (Like the Star Wars lands or DHS Cars Land).

MM+ has been rather successful for the most part. There were a few bumps in the road, bumps had to be anticipated when they were planning to role out a whole new untested system. All in all, it has so far went smoothly.

The bigger point though, the parks have been seeing record-breaking profits. Attendance is high at all four WDW parks, spending is also up.

Things are not as bad as they are being made out to be. The idea of opening an Avatar land with just one ride is laughable. It doesn't make sense as a guest, but it also doesn't make sense from a business perspective. Why would you spend all this money to bulldoze an already existing land for one ride? They could have just tossed that into DHS with a gift shop and had an equal impact for less money. I think Avatar will be a bit bigger than what Mice Age is trying to present.

It's just too negative all the way around. Things are absolutely better than this. I would say it's probably an attention getter since we're all now talking about it and we probably wouldn't have been before.
 

marni1971

Park History nut
Premium Member
Not sure how it is on your side of the pond, but in the U.S. a corporate executive of a public company making false statements to the public concerning finances is subject to criminal and civil prosecution. It's not hard for me to figure out who to believe... anonymous internet forum posters (some with clear agendas) who face zero repercussions, or an executive that could go to jail for lying to investors.
I know. Shocking isn't it?
 

Rodan75

Well-Known Member
Not sure how it is on your side of the pond, but in the U.S. a corporate executive of a public company making false statements to the public concerning finances is subject to criminal and civil prosecution. It's not hard for me to figure out who to believe... anonymous internet forum posters (some with clear agendas) who face zero repercussions, or an executive that could go to jail for lying to investors.


In all fairness. (and I kinda hate saying this) But which version of the budget are they meeting? Is it the original, or a mid-point or even end-point revision that aligns. It isn't lying when the term 'budget' is used loosely. As long as TWDC stayed within their CapEx for the year or even the project lifecycle, then there would be no prosecution, shareholders are rarely provided details to that level.
 

wannab@dis

Well-Known Member
In all fairness. (and I kinda hate saying this) But which version of the budget are they meeting? Is it the original, or a mid-point or even end-point revision that aligns. It isn't lying when the term 'budget' is used loosely. As long as TWDC stayed within their CapEx for the year or even the project lifecycle, then there would be no prosecution, shareholders are rarely provided details to that level.
You're correct, that's a fair assessment. But, everything (including that linked article) that I've read (reputable news sources) has been about a billion dollar budget. I think it's fair to say that nothing has been released for the financial markets about any budget other than the original $1B. The only place you see anything about budget overruns is blogs or forums. Nothing in investor news, financials, etc that I've seen, but if anyone has a media source that shows otherwise, I'd love to see it.

ETA: Disney has released information concerning their increased budget for the Shanghai parks. It's about a 20% increase over the original budget. Do you really think they would discuss that 20% increase but not the 100% or 150% increase for MM+ thrown around in the forums? Investors would be livid!

http://www.nytimes.com/2014/04/29/b...million-more-in-shanghai-disneyland.html?_r=0
 

Rodan75

Well-Known Member
You're correct, that's a fair assessment. But, everything (including that linked article) that I've read (reputable news sources) has been about a billion dollar budget. I think it's fair to say that nothing has been released for the financial markets about any budget other than the original $1B. The only place you see anything about budget overruns is blogs or forums. Nothing in investor news, financials, etc that I've seen, but if anyone has a media source that shows otherwise, I'd love to see it.

ETA: Disney has released information concerning their increased budget for the Shanghai parks. It's about a 20% increase over the original budget. Do you really think they would discuss that 20% increase but not the 100% or 150% increase for MM+ thrown around in the forums? Investors would be livid!

http://www.nytimes.com/2014/04/29/b...million-more-in-shanghai-disneyland.html?_r=0

That is a really good point. =-)
 

GoofGoof

Premium Member
You're correct, that's a fair assessment. But, everything (including that linked article) that I've read (reputable news sources) has been about a billion dollar budget. I think it's fair to say that nothing has been released for the financial markets about any budget other than the original $1B. The only place you see anything about budget overruns is blogs or forums. Nothing in investor news, financials, etc that I've seen, but if anyone has a media source that shows otherwise, I'd love to see it.

ETA: Disney has released information concerning their increased budget for the Shanghai parks. It's about a 20% increase over the original budget. Do you really think they would discuss that 20% increase but not the 100% or 150% increase for MM+ thrown around in the forums? Investors would be livid!

http://www.nytimes.com/2014/04/29/b...million-more-in-shanghai-disneyland.html?_r=0
I wondered the same thing when I saw that.
 

DVCOwner

A Long Time DVC Member
[EMAIL said:
wannab@dis, post: 6070053, member: 8408[/EMAIL]]

ETA: Disney has released information concerning their increased budget for the Shanghai parks. It's about a 20% increase over the original budget. Do you really think they would discuss that 20% increase but not the 100% or 150% increase for MM+ thrown around in the forums? Investors would be livid!

http://www.nytimes.com/2014/04/29/business/media/owners-to-invest-800-million-more-in-shanghai-disneyland.html?_r=0

But the same press release also said the increase for Shanghai is not because of budget overruns, but as I said earlier it is for new attractions.
 

disney4life2008

Well-Known Member
I am not being a debbie downer here but lets be real- Avatarland will not be done for about 5 to 10 years and when it opens I suspect nothing more than one or two attractions. A simulator ride is terrible - I do not enjoy soarin at all. We have been hearing about this project for years and nothing has happened.
 

danlb_2000

Premium Member
I am not being a debbie downer here but lets be real- Avatarland will not be done for about 5 to 10 years and when it opens I suspect nothing more than one or two attractions. A simulator ride is terrible - I do not enjoy soarin at all. We have been hearing about this project for years and nothing has happened.

What makes you say 5 to 10 years? Even at Disney's pace they generally finish new attractions in under three years from groundbreaking. Fantasyland was an exception sine they changed plans, but each element took under 3 years.

As for the simulator ride, it's hard to judge if it will be "terrible" until we know more about it. If it's just a clone of Soarin with a Avatar film, then I will be disappointed, but if they add 3D, more motion and effects it could be a great ride. It's really the best way to get feeling of flying that you get from the movie.

Yes, we have been hearing about this for years, but it was announced far earlier then is common.
 

Disneyfanman

Well-Known Member
I do love Miceage, and I used to be very impressed with their ability to predict the future. I also respect Al Lutz for influencing TDA over the years. Without Al though, Miceage has started to stumble in their updates. I do love their contributors tho. Kevin Yee, Garner Holt, Warner Weiss, and some other pretty impressive columnists are really the A-Team of Disney coverage.
 

twebber55

Well-Known Member
I am not being a debbie downer here but lets be real- Avatarland will not be done for about 5 to 10 years and when it opens I suspect nothing more than one or two attractions. A simulator ride is terrible - I do not enjoy soarin at all. We have been hearing about this project for years and nothing has happened.
I stopped reading when you said 5 to 10 years....they take a while granted no way 5 to 10 years
 

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