D23 - No Big Theme Park Announcements?

[aladdin2007]

There is a division of WDI called Creative Development and that is their function to develop new ideas and new projects. They have their own R&D dept with their own budget, but if it was bigger, they could develop even more ideas.

They developed Lucky the Dinosaur and the Muppet Labs. After they develop them and build a working model, then they are like salesmen, taking their project to the different parks and show them off and then seeing if anyone is interested in funding a new project using that exisiting technology. I know they shopped Lucky quite extensively at Animal Kingdom. They gave AK and WDW management different options like a custom skin character of their choosing like a Carno or Iguanadon or Raptor, etc. They decided they didn't want to develop anything for them, then they tried to shop Lucky at some other parks. Still no go, so he ended back at WDI in Glendale.

That happens with most projects, they have ideas, drawings, concept art, research and blueprints but management doesn't like them so they go back into the idea vault.

Management (TDO for instance) doesnt want to pay for them in most cases.

 

[flynnibus]

There isn't a potential market of people who buy and run companies worth 10s of billions of dollars simply for love.

Companies simply can't get that big purely with organic dollars. It takes investors.. and investors aren't there for the love or pride.

The idea any individual or even a group of indivduals.. would buy and run an organization of that size purely for love is just fantasy.

Even family owned businesses or even sports franchises have pressure to run in the black.. because they can't afford to sustain or compete while running in the red forever. And those are organizations an order or two magnitude lower in cost then what P&R would be.

 

[Computer Magic]

There isn't a potential market of people who buy and run companies worth 10s of billions of dollars simply for love.

Companies simply can't get that big purely with organic dollars. It takes investors.. and investors aren't there for the love or pride.

The idea any individual or even a group of indivduals.. would buy and run an organization of that size purely for love is just fantasy.

Even family owned businesses or even sports franchises have pressure to run in the black.. because they can't afford to sustain or compete while running in the red forever. And those are organizations an order or two magnitude lower in cost then what P&R would be.

It is not unheard of that public stock companies revert back or sale off parts to a private company. There are reasons to do this.

Let's take your sports franchise. The Chicago Tribune sold off the Cubs portion of their business, which was brought by the Ricketts family.
So a public trading company sold portion to a family ownership