Cash-Strapped Disney

Mr. Tickle

Member
Absolutely, I’m talking about older individuals who no longer have any. I’m in the process of paying off my debt myself, but after that I’m probably going to put more into the market.
As long as there’s Fed money flowing in the market it’s a solid bet. Once that ends it’s a casino with odds in the house’s favor. As long as you time it right you’re golden 👍🏻
 

Touchdown

Well-Known Member
I wouldn't put money into the market here... let it retest the lows first.

Where else would you put it? Other then real estate any other investment is paying out at far less then inflation, there’s even some bonds with negative interest right now. Plus I’m >20 years away from retirement so long term I’ll be fine.
 

Thelazer

Well-Known Member
Where else would you put it? Other then real estate any other investment is paying out at far less then inflation, there’s even some bonds with negative interest right now. Plus I’m >20 years away from retirement so long term I’ll be fine.

I'd keep some dry powder, maybe put a little into cheap real estate deals coming up (Foreclosures) and I'd nibble a small bit at stocks that are still stuck 20 to 30% off there high (Strong airline, or travel that will recover first etc)

But mostly I'd be okay with it sitting in cash right now.
Cash is always king.
 

Mr. Tickle

Member
Where else would you put it? Other then real estate any other investment is paying out at far less then inflation, there’s even some bonds with negative interest right now. Plus I’m >20 years away from retirement so long term I’ll be fine.
That's the big mystery. Nothing like this has ever happened in modern history. The fundamentals no longer seem to matter so it's anyone's guess, or gamble, at this point.
 

Club Cooloholic

Well-Known Member
I'd keep some dry powder, maybe put a little into cheap real estate deals coming up (Foreclosures) and I'd nibble a small bit at stocks that are still stuck 20 to 30% off there high (Strong airline, or travel that will recover first etc)

But mostly I'd be okay with it sitting in cash right now.
Cash is always king.
I have been burned this far on buying MGM last month...but long term I hope it rebounds.
 

SilentWindODoom

Well-Known Member
Redd's attire is all I've been told as for sure. They want to add female pirate animatronics, but again, there's just no cash being opened up for it (at this time).

Mothball CoP, completely rescript Country Bears, redo Hall of Presidents to be witty and musically inclined, remove elements of Peter Pan, etc.

Huh. I can't say that's not a quite nice change to hear about. With things that have happened in the past, hearing more changes coming is a scary thing to hear, but that sounds great. It can only plus the attraction. I do wish that they'd do a little work on Redd's dialogue too. I love Grey DeLisle, but the current scene is kinda cringey for me. Her lines feel unnatural and smack of an overcorrection to be PC.

I wonder if they'd considering changing Redd to more emulate the painting from the caverns.

I love CBJ and unironically clap and stomp to the music. All the songs are actual old tunes. If they update to a new soundtrack of old standards and keep the same sound... okay. Just don't dare touch "Blood on the Saddle".

But the real reason I quoted this, a redo of HoP that's more musical and witty? Might this have something to do with a certain musical phenom who's show just dropped on Disney+? I've come across Lin's first work, In the Heights, and he's really an incredible mind and writer. This is a slam dunk if he does this. A great sense of humor, a mind for history, and a style that will update the possibly boring attraction. I was worried changes would mean a move away from a lot of its roots, including a possible loss of the presidents themselves due to how many get cancelled nowadays and ditching the speech to avoid possible controversy with future presidents. I don't care a bit about patriotism or such stuff, but I'm a history buff and the previous incarnation of the attraction gave me chills. I'd hate to see it hollowed out.

Holy crap, what happens if he writes a song that covers all the presidents to replace the roll call? If it's good, it could actually be a great learning tool.

No ride change will ever phase me anymore.

Admittedly, it looks optimistic for you. And I hope it goes well.

I still pine for the silent, mysterious, sad bride that stood at the window.

Allow me to respond by posting another fine quote by a fellow poster that I feel has a well thought out counter argument:

Well, the scenery, music, and storyline does get in the way of the splashes and drops. It's like having a haunted house that focuses more on atmosphere and imaginative design than things jumping out and scaring you or a roller coaster focused more on scenery and gags than loops and corkscrews.

Thank goodness we all know there's no place for that.
 

MisterPenguin

President of Animal Kingdom
Premium Member
Comcast seems to smell blood in the water in the amusement park business. You can almost feel the drive inside Comcast to catch and surpass Disney. Comcast is not as cash strapped as Disney and can bring something to the fight. This is their opportunity and they know it.

That seemed to be the case at first: keeping up construction and re-opening sooner than later.

BUT... then they delayed construction (other than ground prep) for Epic Universe which is now a year delayed. It could wind up being more. UO also just went through a round of lay-offs.

From just viewing their actions from the outside, it certainly looks like they're now conserving their resources.



Disney was having attendance slippage at the parks before the pandemic.

That's not true at all. But the numbers for AECOM for 2019 will be out withing a few weeks, so, we'll see for sure. But, previous to 2019, numbers have been up year after year.
 

BuzzedPotatoHead89

Well-Known Member
Once you’ve read a few you know.

In light of the budget situation is there at least some attempt to balance these recommendation or is this committee literally being treated as judge, jury and executioner of a dozen or so old attractions all at once?

While single targeted changes addressed is a cautious fashion may make sense for today’s audiences I still question if the if as broader changes are contemplated if TWDC is really underestimating the overall reliance on nostalgia as a draw to the parks as well. Even if not for COVID an incrementalist approach is really the best and smartest way in my mind to absorb lasting change as opposed to boiling the ocean.

In times of turbulence most people will find comfort in what they know. Balancing progress with brand loyalty is important too.
 

Touchdown

Well-Known Member
Jose’s extreeeemely stereotypical hispanic accent is not a great thing these days. It’s not mean-spirited, it’s just a product of its time. Easily fixed with a re-record.

WB tried to cancel Speedy about 20 years ago, it caused a huge outcry in the Hispanic community who saw him as a hero. Jose is portrayed in a very positive light and is the “leader” of the band based on how Hispanics rallied around Speedy I suspect that very view have a problem with Jose.

Not to mention that show is always packed at DL and that park has a very large Hispanic presence.
 

WDW Pro

Well-Known Member
Original Poster
@WDW Pro would you say the modified food and wine was seen as a way to create some simple cash flow, or a reason to open Epcot at all with all the construction?

My guess on this one, but I would say a means by which to incentivize locals going to Epcot when otherwise there is little.

Jose’s extreeeemely stereotypical hispanic accent is not a great thing these days. It’s not mean-spirited, it’s just a product of its time. Easily fixed with a re-record.

I'm surprised that I haven't heard more on the Tiki Room, but it's never really come up. I keep expecting it, but no news at all.
 

Rich T

Well-Known Member
WB tried to cancel Speedy about 20 years ago, it caused a huge outcry in the Hispanic community who saw him as a hero. Jose is portrayed in a very positive light and is the “leader” of the band based on how Hispanics rallied around Speedy I suspect that very view have a problem with Jose.

Not to mention that show is always packed at DL and that park has a very large Hispanic presence.
Jose doesn’t need to be canceled at all. A few of his lines just need to be tweaked. 99% of Wally’s overall terrific performance can stay just the way it is.

20 years ago is not today, and far earlier than that, Disney completely rerecorded a character in America Sings witihn a year of its opening to change a stereotypical hispanic into a grizzled cowboy type.

I’m not even saying anyone’s complaining about the Tiki Room—Someone asked what Disney might find problematic about it, and Jose’s accent is the most likely answer.
 

Mainahman

Well-Known Member
My guess on this one, but I would say a means by which to incentivize locals going to Epcot when otherwise there is little.



I'm surprised that I haven't heard more on the Tiki Room, but it's never really come up. I keep expecting it, but no news at all.
Thank you
 

_caleb

Well-Known Member
Regardless of how you feel about the announced changes to Splash Mountain (and possibly other attractions), have you noticed how those announcements are very effective and inexpensive ways to get people talking about Disney?

Maybe this is their strategy for marketing in a cash-strapped period. Like when washed-up celebrities have a strategic scandal or go on Dancing with the Stars.
 

Lilofan

Well-Known Member
These are the sorts of measures I’m talking about. And Disney may very well be next. But I haven’t seen this sort of panic reaction at Disney, have you?

Months ago I posted about how Disney’s entertainment business model (that relies on tv/film production, sports, and park/theater attendance) is very risky in a public health crisis like the pandemic. If I can see that, certainly Disney, its investors, and business analysts could too. Yet 5 months later, no major changes to that business model have been announced. OP says they’re in dire straights. I‘m not questioning his intel, just saying it doesn’t look like it from the outside.
Everything really has to be magical and even on the employee front lines it's business as usual ( for those few that are lucky enough to be recalled back to work. In regards to corporate "restructuring", companies nowadays and before plan for this and when it's going to happen it quick, gutless, hardly any goodbyes and out the door.
 

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