News Bob Iger is back! Chapek is out!!

[thomas998]

You can't have it both ways. You can't have a park that is relatively cheap to get into, but has thousands of acres of real estate and 100s of attractions. It's an unrealistic expectation. If the parks were to go thru and start expanding and building new things, you better believe that prices would keep going up.

Would price go up? Sure, but would they really need to in order to generate the same return on investment? It all depends on the size of the expansion and number and cost of attraction. Increase the capacity of the parks with lower cost attractions and you could actually end up with a park that could charge less but still make the same return as they currently make or even better. The real problem is none of the folks in charge want to do anything that has positive long term effects because they are always paid based on a short term annual return.

 

[Bender123]

May I ask why you’re going through with the trip given your lack of excitement? I’m not being rhetorical.

Daughter's band is performing at the Rose Bowl and, as a WDW nerd, figured I should actually go to Disneyland at some point. Figured this would be a nice trip, as I havent been to the World in a few years. The amount of stress with park reservations, nickle and diming and services that just dont exist anymore already made me cut back from six days, to four days and now I am down to three days in the parks.
Its been a nightmare of wondering if Im just wasting my money on "feeling the love again", while knowing full well that the experience is not going to be close to my pre-pandemic expectations.

 

[el_super]

I'm not sure I understand this. So you concede attendance is down, but people haven't stopped going at all? Also, if attendance is down and crowding is up, wouldn't that point to there being other issues than needing to simply raise prices higher to limit attendance more (i.e. more of what Pete mentioned)?

I don't honestly know if attendance is up or down for 2022. I do know that enough people saw value in buying skip the line passes that their revenue shot up to the highest it has ever been. Their holiday/private party events keep selling out, their annual pass options keep selling out, and people have been complaining about the lack of admission options.

The demand is still very high, whether attendance is being limited artificially or not. Prices should rise to meet demand.

 

[el_super]

Would price go up? Sure, but would they really need to in order to generate the same return on investment? It all depends on the size of the expansion and number and cost of attraction. Increase the capacity of the parks with lower cost attractions and you could actually end up with a park that could charge less but still make the same return as they currently make or even better.

There may be some opportunity to replace older, less cost efficient attractions with cheaper alternatives but there aren't really cheap options for Imagineering.

The real problem is none of the folks in charge want to do anything that has positive long term effects because they are always paid based on a short term annual return.

SWGE was a long term investment.

 

[GhostHost1000]

Yep. You want to say the parks are too epensive... sure I can understand that. Then how do you propose to recoup investment costs?

Better management
Better decisions

 

[pdude81]

Better management
Better decisions

Better pizza

 

[LittleBuford]

Daughter's band is performing at the Rose Bowl and, as a WDW nerd, figured I should actually go to Disneyland at some point. Figured this would be a nice trip, as I havent been to the World in a few years. The amount of stress with park reservations, nickle and diming and services that just dont exist anymore already made me cut back from six days, to four days and now I am down to three days in the parks.
Its been a nightmare of wondering if Im just wasting my money on "feeling the love again", while knowing full well that the experience is not going to be close to my pre-pandemic expectations.

I would go with an open mind. Disneyland is wonderful, and it’s truly difficult not to have a great time there. You may be pleasantly surprised.

 

[Captain Barbossa]

Better pizza

Papa Bob’s

 

[GhostHost1000]

Better pizza

That would help too.

 

[Lilofan]

Better pizza

Doesn’t exist in FL compared to NYC, NJ pizza.

 

[Basil of Baker Street]

Most of what you suggest here, price increases and Genie+ programs are being implemented because the parks are flooded with people. The parks are flooded with people because of significant investments in the last ten years.

The problem is the billions of investment really resulted in no net gains at the parks. I believe I read that DHS right now is a net negative in number of attractions from before Toy Story/Galaxy Edge. Epcot might be the same? I know I had friends finally get to go, and all they could talk about was how crowded it was in Galaxy Edge. Not enough things to do/small areas to walk in. They loved the ride, but had no desire to go back into the area. Point is investing in the parks does not equate to it being the best of times if the investments aren't done to make things better. Many historic Disney fans would trade away all the new IP for times when they could ride things without being charged extra prices, parades/things to do, or for decent food at semi-reasonable prices.

I believe you guys are 100% correct.

 

[Sirwalterraleigh]

Same, but he did say “Looking at all the opportunities ahead“… so that pretty much confirms reservations are ending, G+ is being replaced with Maxpass, they’re going to announce new rides in every park... A CEO would never mislead us to create excitement for the future.

He has zero clue…like none

He was a lot of smoke and mirrors…and the smoke has cleared

 

[LSLS]

I don't honestly know if attendance is up or down for 2022. I do know that enough people saw value in buying skip the line passes that their revenue shot up to the highest it has ever been. Their holiday/private party events keep selling out, their annual pass options keep selling out, and people have been complaining about the lack of admission options.

The demand is still very high, whether attendance is being limited artificially or not. Prices should rise to meet demand.

But the demand you are talking about are add-ons. People feeling forced to buy Genie does not mean the parks need attendance to drop. Further, this started with Iger stating this is the best time to be a Disney fan because of investments, many of which are designed to make things feel more crowded. Your response is to raise prices to make everything ultra-exclusive. Is that really making things better for Disney fans?

 

[WEDway Inc & Company LLC]

So uhh…

What? https://docquery.fec.gov/cgi-bin/forms/P40010167/1672914/

 

[jpeden]

So uhh…

View attachment 687108

What? https://docquery.fec.gov/cgi-bin/forms/P40010167/1672914/

I am almost certain that this is a fraudulent filing. My wife is actually somewhat of an expert on these filings so I asked her to look at it. If it is a fake, this is a violation of federal law for whoever did this.

ETA - this is absolutely a fake filing. If you refer back to to the listed committee, it is clearly fake and the FEC issued a RFAI (request for additional information). This is gonna really mess up someone's world because they just committed a federal felony.

 

[Inspired Figment]

Seeing as he’s been a lifelong Democrat.. I see it being moreso fake than any chance of it being legit. But it wouldn’t surprise me to see Bob leveraging his Disney/Fox reign for his political ambitions in Government, certainly. That’s been his goal this entire time.

 

[Sirwalterraleigh]

That’s crap

 

[WEDway Inc & Company LLC]

I figured it wasn’t legit, but it was worth putting on here and seeing anyways, because big if true.

 

[jpeden]

That’s crap

It's a felony under 52 U.S.C. § 30103(a). Hope it was worth the prank.

 

[Phil12]

I think. I guess. I hope?

Disney stock certainly didn't get a bounce from the Burbank coup and return of Bob Iger. And it's still headed downward a month later...

From $158 a year ago, down to $97 when the Burbank coup happened on Nov. 20th, and then sliding another 10 bucks to $87 at today's bell.

When does Disney's recovery start? After all those critical people in Burbank cubicles return from their two week Christmas break?

View attachment 686877

Looks like the perfect time to buy more Disney shares!