News Capital Expenditures at Disney's domestic theme parks to be cut by 700 million dollars

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[SplashJacket]

Timing shifts? As in “we were going to spend now, but will instead spend in the future,” or what does that mean?

 

[MaltBrisney]

Interesting that the Reedy Creek restructuring was going to cost Disney 700 million in debt and now they are cutting that same amount from expenditures.

 

[Nordic4tKnight]

Perfect timing with Epic Universe

 

[ToTBellHop]

Play and delaying DAK construction to next FY explain a good deal of this.

 

[rio]

Interesting that the Reedy Creek restructuring was going to cost Disney 700 million in debt and now they are cutting that same amount from expenditures.

I really hope not

 

[HauntedPirate]

Cruise ships ain't cheap.

 

[Hakunamatata]

Timing shifts? As in “we were going to spend now, but will instead spend in the future,” or what does that mean?

Splash mountain water is even more valuable since the replacement farce is now delayed until 2037.

 

[TheGuyThatMakesSwords]

And the degradation continues.... glad our family is OUTA there. Please call when we have the parks back?

 

[lazyboy97o]

Interesting that the Reedy Creek restructuring was going to cost Disney 700 million in debt and now they are cutting that same amount from expenditures.

That’s not how the bonds work.

 

[jpinkc]

Who was it that said the Domestic Parks have PLENTY OF MONEY??????

 

[Lilofan]

Who was it that said the Domestic Parks have PLENTY OF MONEY??????

The same exec that Iger said will remain as Chairman.

 

[ToTBellHop]

Who was it that said the Domestic Parks have PLENTY OF MONEY??????

I would not read too much into a reduction during this FY. Re-evaluation has slowed some projects into next FY. We already knew about some Epcot changes.

 

[jpinkc]

I would not read too much into a reduction during this FY. Re-evaluation has slowed some projects into next FY. We already knew about some Epcot changes.

As Universal and Epic Universe laugh and laugh and laugh.....................

 

[ToTBellHop]

As Universal and Epic Universe laugh and laugh and laugh.....................

If things don’t fall through, there will be big projects opening in WDW during the 2025-2030 interval.

 

[Rteetz]

If things don’t fall through, there will be big projects opening in WDW during the 2025-2030 interval.

Knowing the Disney track record I’m sure several will fall through, change and additions made. That’s how this goes.

 

[ToTBellHop]

Knowing the Disney track record I’m sure several will fall through, change and additions made. That’s how this goes.

Of course. That’s why I’m sad Villain Land is last in line. I want it the most.

 

[jpinkc]

If things don’t fall through, there will be big projects opening in WDW during the 2025-2030 interval.

Nothing thats not a re-theme, that comes to my mind. Disney "Original Projects" etc, are not the only problem. Its the State of WDW mostly in my mind that stands out. Lots of things look rough or just plain bad. Lots of reports here and elsewhere about poor maintenance etc and I can say we noticed it pre pandemic and our one trip post pandemic. Its why we are not going this year, that and the money gouging we felt was being pushed on us. I almost want this Peltz guy on the board but he scares me as some Corporate Raider who will just want to sell off parts of Disney.

 

[GhostHost1000]

If things don’t fall through, there will be big projects opening in WDW during the 2025-2030 interval.

and to meet those dates with the way they build, they’d have to start groundwork tomorrow

 

[jpinkc]

Of course. That’s why I’m sad Villain Land is last in line. I want it the most.

Should have been done YEARS AGO!!! Its IP so its a No Brainer to do. But its Disney....................