Bullish on Chapek & His Crew for Disneyland (not sarcasm)

Model3 McQueen

Well-Known Member
Original Poster
In the Parks
No
For those of you who don't know, bullish means optimistic about a stock's price in the long term. This post will be about more than that - and no, I am not being sarcastic in any way. I truly believe Chapek is someone who will continue to bring value to the Disney company and the people who believe in it.

Now hear me out. I know you know my historically pessimistic, downright frustrated posts about what he's been doing to the parks. I still maintain that frustration and think he's a real piece of work. But when you bear in mind what this country is going through, and how most people are choosing to hold on to their optimism instead of criticize, Chapek is actually the perfect candidate to run this company.

I'm posting this thread in the Disneyland Forum, so my points will be strictly about the Disneyland / DCA areas.

Let me rapid fire some points for you:
1. Chapek obviously doesn't care for park history, or what the community has come to expect. This works as an advantage.
2. Advertisement & IP is the focus, and most people don't see it - or I should say, just don't care.
3. He's been given executive leadership over something well-established and unbelievably well-loved. He doesn't have to prove anything to Disney park goers except that he knows how not to burn it down (literally).
4. The prices of everything keep rising, and the crowds still show up. Disney can charge $9 for a breaded cinnamon stick and get away with it. People will still pay over $150 a day per person just to step foot in Mainstreet.
5. He (and/or his crew) know how to fight against anything that could be offensive. In today's climate, that is incredibly important.


Alright let me elaborate just a little bit more.

Regarding point 1
In Iger's later years, and since Chapek stepped foot into an executive position, Disneyland has been changing at a pretty rapid pace. Sure, some people will throw their arms up at some historical, legendary attractions & scenery being changed, but that's only short lived. The new offering tends to be more popular, and I'd argue it's just because its new. I could sit here and confidently tell you that Tiki Room & Jungle Cruise would be changing. The latter turned out to be 100% true. Remember those rumors about Matterhorn being changed to a Frozen theme? I bet you that was a real idea that didn't come to fruition for whatever reason. We don't know that for a fact, of course, I will admit.

They care not about what rides you love. They just know if they slap a Disney character on a roller coaster, you'll love it. And this beats the heck out of creating something original which takes time, money, and much more effort.

Regarding point 2
Last time I stepped foot in the parks, High School Musical was playing in Tomorrowland theater. Hyperspace Mountain and Tomorrow Galaxies Edge Land 2.0 meant that every attraction and theme in tomorrowland is Star Wars. DCA is turning into Marvel and Pixar advertisements. Star Wars Galaxies Edge - that humongous plot of land on Disneyland's North Side - is an architectural genius no doubt. And that's pretty much all it is. There's two E-ticket attractions, some costumed people.. There are several opportunities for you to open your wallet for the sake of Star Wars nostalgia. Is anyone complaining? Not really. It's still Disneyland!

I've been seeing a lot of posts, and generally people, talking about how much better a ride was because they saw their favorite characters. This level of optimism is now necessary as we haven't had an original attraction since Expedition Everest in 2006 (Disneyworld). And this works perfectly for the executives trying to push up any type of earnings because they clearly didn't have to try hard to turn something like Screamin' to chase-a-baby.

Regarding points 3 and 4
Need I elaborate? People will keep going and paying the price because Disneyland is Disneyland. Heck even I must admit, no matter how much they change it, just being there and even stepping foot on Harbor Blvd is something special on its own. Going into the parks is an unmatched emotion. Chapek didn't have anything to do with that, but he has proven that he can run the parks without them imploding and I guess that's a plus. There's also the matter of continually increasing prices of pretty much everything. They can get away with it, and you'll still pay it. We all do.

Regarding point 5
It doesn't matter where you or I stand on this matter. Chapek & his crew are scrubbing things here and there that may be perceived as offensive. There is now a division at Disney who's sole purpose is to figure what is and isn't offensive, and what can be done to change it. This will make some people happy, and for those who aren't - it doesn't matter, see point 1.

And to be clear, this isn't a problem in and of itself - the replacements however tend to be (or always are) lackluster and IP-related. They fail to match the quality and emotion of what was there before. I don't need to give specific examples as it'll just sound like I'm repeating myself over and over. But I look towards the Pirates auction scene, Jungle Cruise, Splash Mountain - whatever else i'm missing.

In Conclusion
Elon Must, Steve Jobs, Phil Spencer, Walt Disney, Frank Wells. These are genius visionary executives who CARE about the work they're doing. They live & breathe the product in which they have control over, and they share that love with the consumer. Chapek is nowhere near that level of brilliance but he doesn't have to be. Disney is already established and that works in his favor.

You may disagree with my angle, and that is completely fine. I'm not saying anyone is wrong - we all enjoy our guilty pleasures differently. But I am saying that Bob Chapek is seemingly the right clown to further increase Disneyland's income & decrease expenses. Let me hear your thoughts!
 

CaptinEO

Well-Known Member
Synergy and crappy attractions have existed since long before Chapek. Look at Eisner's stunts in the early 2000s. This is nothing new.

I also agree that short term gains do help a stock. I'm a themepark fan though not a Disney investor.

Chapek's job is to increase Disney's revenue, not to make it respected creatively. Thats why him and Iger do things like Disney live action remakes and adding 2000 Star Wars TV shows.
 

No Name

Well-Known Member
In all seriousness I actually somewhat agree with your points, particularly regarding Disneyland. A lot of folks are convinced after the DCA redo that IP played a huge hand in improving the park, whether right or wrong. I think they’re misattributing IP with heart and warmth, and things like Mystic Manor in Hong Kong prove that WDI is capable of heart and warmth without IP. But nonetheless, as long as the stuff is good, people are enjoying it. And some are just straight up addicted to the place, which is sad, but Bob isn’t gonna break their spell. I would say that turning ToT into Mission Breakout was a very smart decision. Pixar Pier was incredibly stupid though.

DCA may have hardly a thing to do with California in the future, but people love Disneyland and they’d love a second one. Bob Chapek is essentially turning DCA into a worse DL. They’re becoming quite similar in how they’re broken up. Both now have a furistic tech area, a western frontier area, a fantasy hodgepodge, and an adventure land.

On the flip side, this same kind of thing is turning the WDW parks into less distinct concepts, which is dangerous for their business. When you have to save up thousands of dollars to fly across the country and stay in overpriced hotels, to then get up early and sweat through crowds and wait in lines all week, that can easily get tiring especially if the 3rd and 4th days aren’t distinctly different. I love a WDW vacation but it needs some fixing that I don’t think Chapek is the guy for.

But overall I can see how he’s the right clown to be running a lot of the company now.
 

el_super

Well-Known Member
Now hear me out.

You might be spending too much time thinking about Chapek.

You do make some good points, but you are misattributing a lot of influence to Chapek directly, where in a lot of ways he's just implementing decisions coming from above and below him. Wall Street demands profit, and the guests demand IP based attractions. As long as both sides are happy Chapek gets to keep his job.

So far the one thing that has come out of Disney that has been really impressive has been the turn away from keeping the place packed with discount admissions. I don't know if this originated with Josh, Chapek, Iger or maybe somewhere else, but it's pretty impressive that Chapek is (so far) holding the line, and explaining their new strategies to Wall Street.

They must have seen something in the numbers that really scared them.
 

Rich T

Well-Known Member
I fully expect Disney to succeed financially for a long time by continuing to morph into an increasingly souless media giant that delivers generic, dumbed-down experiences as its previous identity—and all the elements that made Disney unique and well-loved in the first place—fade away until there is absolutely nothing left for fans of what Disney once was.

And their eventual downfall will be brought about by their overpricing a product that has become indistinguishable and often inferior to what more gutsy and creative competitors offer. They will have well and truly killed and devoured the golden goose, all to make the rich richer.

And Chapek’s the perfect man to hasten it all in pursuit of his own retirement package.
 

CaptinEO

Well-Known Member
I fully expect Disney to succeed financially for a long time by continuing to morph into an increasingly souless media giant that delivers generic, dumbed-down experiences as its previous identity—and all the elements that made Disney unique and well-loved in the first place—fade away until there is absolutely nothing left for fans of what Disney once was.

And their eventual downfall will be brought about by their overpricing a product that has become indistinguishable and often inferior to what more gutsy and creative competitors offer. They will have well and truly killed and devoured the golden goose, all to make the rich richer.

And Chapek’s the perfect man to hasten it all in pursuit of his own retirement package.
This is definitely the direction they are headed in. They are solely operating off of the fondness of the products the company used to make. There will be a time when a new generation will have grown up with no new media of its own, just with sequels and remakes to things their parents watched.
 

DavidDL

Well-Known Member
I'm just incredibly thankful that some of Disneyland's best attractions (stuff like Mansion, Pirates, etc.) have sort of "evolved" into being Disney IP (that is to say, being synonymous with Disney as a brand thru culture) on their own and that they are also so marketable. If they hadn't been or weren't able to move merch, I could see Disney doing away with them in the near future.

But thankfully, those former Imagineers managed to build things so good, they can even survive in today's Disney.
 

DanielBB8

Well-Known Member
Will Pirates survive yet another update? The Pirates attraction lost its soul. The most talked about scenes has completely changed (Auction, Barrel, and Chase scenes). They need to add back some spice, but I don't see that happening. There will be more take aways.

Who knows what new changes are waiting in the wings for any existing attraction. A new social media hysteria will be the spark. Disney is ready with the Imagineering Eraser.
 

Stevek

Well-Known Member
Synergy and crappy attractions have existed since long before Chapek. Look at Eisner's stunts in the early 2000s. This is nothing new.

I also agree that short term gains do help a stock. I'm a themepark fan though not a Disney investor.

Chapek's job is to increase Disney's revenue, not to make it respected creatively. Thats why him and Iger do things like Disney live action remakes and adding 2000 Star Wars TV shows.
...and despite all the balking people do on various message boards about his moves with regards to the parks, people still flock to them and will so even more post-pandemic. That being said, as Rich T stated, should Disney not differentiate themselves from the competition long term, they will suffer IF the price is significantly higher...I think we are a long way from that though. Then fanbase has been predicting the demise of Disney parks since the Cynthia Harris/Paul Pressler days.
 

Mac Tonight

Well-Known Member
...and despite all the balking people do on various message boards about his moves with regards to the parks, people still flock to them and will so even more post-pandemic. That being said, as Rich T stated, should Disney not differentiate themselves from the competition long term, they will suffer IF the price is significantly higher...I think we are a long way from that though. Then fanbase has been predicting the demise of Disney parks since the Cynthia Harris/Paul Pressler days.
Maybe I'm the crazy one here, but to me, it IS possible to simultaneously love Disneyland and hate the fact that Chapek is running the company. I mean, look at how many people stayed in CA over the last year despite Newsom's reign of terror. Or, how many people stayed in the USA despite the previous administration. You can still love something while being disappointed with whoever is in charge of it.
 

CaptinEO

Well-Known Member
...and despite all the balking people do on various message boards about his moves with regards to the parks, people still flock to them and will so even more post-pandemic. That being said, as Rich T stated, should Disney not differentiate themselves from the competition long term, they will suffer IF the price is significantly higher...I think we are a long way from that though. Then fanbase has been predicting the demise of Disney parks since the Cynthia Harris/Paul Pressler days.
Very true. We have seen this happen with many companies where the brand becomes stale. Failing to modernize your brand does hurt you in the long term. You can only milk a franchise or buy existing properties for so long before the well runs dry.
Maybe I'm the crazy one here, but to me, it IS possible to simultaneously love Disneyland and hate the fact that Chapek is running the company. I mean, look at how many people stayed in CA over the last year despite Newsom's reign of terror. Or, how many people stayed in the USA despite the previous administration. You can still love something while being disappointed with whoever is in charge of it.
I think most people on this board would agree with you. I am a huge Disneyland fan but am not a fan of the current Walt Disney Company at all.

I feel Disney keeps marketing to these non existent "Disney fans" that supposedly simultaneously love every single thing Walt Disney Animation, Disney Theme Parks, Marvel, The Simpsons, Pixar, ABC, The Muppets, Star Wars, and ESPN. In actuality very little people are fans of ALL these things.

The downside of product pushing and synergy is something like Pixar Pier which degrades Pixar and California Adventure's images at the same time.

Disney has absolutely used social media to showcase the idea of being a "Disney fan" which means loving any new product/offering they put out. Them being in the bloggers pockets help this as well.
 

Model3 McQueen

Well-Known Member
Original Poster
In the Parks
No
Trust me @egg , it was painful to write that post and not throw in more insults towards Chapek and his decision-making crew. In my opinion, they're probably the worst leadership team Disney has ever had. But that doesn't matter.

The unfortunate fact is that crowds continue to go, people pay the prices, and the majority of guests just enjoy whatever piece of garbage Disney pumps out today. The days of Disney parks needing to prove themselves is over and Chapek is riding the wave / keeping it going. He'll cut the budget into oblivion and yet still somehow flourish.
 
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Model3 McQueen

Well-Known Member
Original Poster
In the Parks
No
Chapek may be able to bring monetary value to the Disney stock price, but he inspires in me no hopes of bringing any actual value through new explorations in originality, creativity, and innovation. You know, things the company was founded on?

Lucky for him though, no one (except maybe us on here) is expecting him to do that.

Precisely. It works to his advantage.
 

Stevek

Well-Known Member
Maybe I'm the crazy one here, but to me, it IS possible to simultaneously love Disneyland and hate the fact that Chapek is running the company. I mean, look at how many people stayed in CA over the last year despite Newsom's reign of terror. Or, how many people stayed in the USA despite the previous administration. You can still love something while being disappointed with whoever is in charge of it.
No doubt but therein lies the problem. As long as people choose not to vote with their wallets, there is no motivation for Disney to change.
 

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