Pumbas Nakasak
Heading for the great escape.
Oh look a bawbag.
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Cuts coming to every area of parks and resorts - thanks to Shanghai and Paris
- Thread starter wdwmagic
- Start date
Because one decision automatically relates to the other....
Jimmy Thick- Anything more than a straight line is too difficult with that surname.
G00fyDad
Well-Known Member
Like I said, I'm no expert. It just seems this way to me. However, I had no idea how well Tokyo was doing. Maybe that one has staying power. I know the Japanese love Disney. Always have. I remember seeing all sorts of Disney stuff as a kid over there. So I suppose it sort of makes sense that one would do well. I'd like for them to ALL do well. I wonder what the damage/fallout would be from Disney closing an overseas park would be on the domestic parks?
rioriz
Well-Known Member
That's the spirit mate!
GiveMeTheMusic
Well-Known Member
It will never happen. Disney will let a park bleed eternal before closing one, regardless of its location. The Chinese resorts will absolutely never close, even if they become ghost towns, as the Chinese government has to save face. Paris, while not under government egocentric ownership, will never close because it pulls in 14.8 million people a year. They'll get their mess sorted out, but it will take time. It's certainly in no danger of closing.
Okay, enough about the bean counters. If you want to place blame, lay it at the feet of the BOD, many of whom are majority shareholders in a company. It's the majority owners who care how the income statement and balance sheet affect their ownership position, i.e. stock value and dividends. Not the poor accountants. Iger could really care less what an accountant in WDI thinks... he cares more about what the BOD thinks about the value of the company, i.e. stock, since they have the authority to fire him. And he cares about the value of his options, too.
Andrew C
You know what's funny?
Enough of the negativity already. Walt Disney World is the most magical place on earth and never does anything wrong.
How do all those fanbois feel now?
Are you bragging about the cuts?
Pumbas Nakasak
Heading for the great escape.
Enough of the negativity already. Walt Disney World is the most magical place on earth and never does anything wrong.
How do all those fanbois feel now?
I wish folks would stop categorizing strategic business decisions as "behaving badly". But, I realize that in the age of big business bashing, it is the internet thing to do.
And I wish those calling out businesses on their bad strategic business decisions would stop being characterized as bashing big business.....
Remember New Coke?
Except Meg is now retired.
Folks, just understand that Bob and Tom aren't going to be reading your email, an assistant will first. So be polite, specific and can the threats to not renew your AP......
And Uni, in soft opening of HP at Universal Hollywood with an opening set for April 7th (already showcased in ads for visit California), with the opening of a 5th hotel in the near future, an amazing looking water park and the recent acquisition of an additional 435 acres, is laughing....
Which is still better than the U.S. economy, which is around 2%....
This is my fear that the budget for the major Hollywood redo is being slashed to ribbons
And that would cause the Wall Street boys to devalue what Iger and the BOD care about..... You cannot make a splashy announcement about a new land tied to one of the most profitable franchises, crow about the receipts from the latest installment of that franchise, hype to death an upcoming TV special about said new land and then scale back or scrap that new land without the market guys making you pay where it hurts.....
PhotoDave219
Well-Known Member
Well when you pay your executives primarily in Stock, they become fixated on the Wall Street boys and that stock price.
This is simply a byproduct of that mentality.
This is simply a byproduct of that mentality.
And I can remember a time when a majority of the foreign visitors to DLR where from Japan.....
"Michel, our DLR surveys are showing that 25% of the guests are from Japan. What if we sponsored a park there to capitalize on that demographic? The Yen is strong, Japan is the 2nd largest economy, etc.". Why wouldn't an exec think this was a good business decision back then?
Except most shareholders meetings are tightly scripted and you're not going to get in unless you actually own a share....
Sped2424
Well-Known Member
My fear isn't for star wars, but everything else that was supposedly attached to the DHS redo. The extra phase beyond toy story playland.