News Disney plans to accelerate Parks investment to $60 billion over 10 years

[Sirwalterraleigh]

Most of their true errors came during Eisners back half.

I think you’ve been reading the internet too much. This is the ultimate in revisionist history stance

 

[Sirwalterraleigh]

Good it’s almost embarrassing how you try to post things or responses with no facts, logic, or even anywhere near the actual topic of discussion. Get it through your head that no one cares about what you think is meaningful, what you think is good or bad, or what you think needs to be replaced or not.

If something is new or not is a function of did it exist or not prior. It has nothing to do with who subjectively likes it or not, who wanted it to change or not, or if it’s good or not.

So no answer, huh?

 

[Chi84]

So no answer, huh?

Something is new even if replaces something old that you like better.

If there’s no significant change then it’s not new. It’s the same thing with minor alterations.

 

[Disstevefan1]

Wow, I looked at the first post and it was Sept 2023, so we are coming up on two years into the “over the next 10 years”. Time flys.

 

[Disstevefan1]

Wow, I looked at the first post and it was Sept 2023, so we are coming up on two years into the “over the next 10 years”. Time flys.

After thinking about it, I needed to reply to my own post.

Its not like a 10 year clock. They said they would spend the money over 10 years...

Think about stuff for a couple of years.

Spend some money for a year and a half on some stuff.

Think about stuff for another couple of years.

Spend some money for a couple of years on stuff.

And so on...

 

[JMcMahonEsq]

It's why I mentioned it's a fine line, and the conversation can be different depending on the framing. The Zootopia show is certainly a new show in some ways. It's not new in terms of adding capacity to the park, though, despite being a new show in terms of content. I think it makes sense to call it a new show in general, but it wouldn't necessarily make sense to call it a new show if you were discussing additions to a park because it's just a replacement/content swap of existing capacity.

If Cosmic Ray's introduces a whole new menu, but it's still called Cosmic Ray's and the interior doesn't change, is that a new dining location? If the name changes and the interior changes, but it serves the exact same food, is that a new dining location (Pizza Planet to PizzeRizzo probably falls into this category)? I think people would be more inclined to call the latter new, even though the former is actually adding new food and the latter isn't. Neither adds dining capacity, though.

Regardless, it's not really black and white other than when something is a completely new build on previously unused space. Otherwise I think there's nuance to it -- it's essentially an academic discussion beyond hard numbers like capacity increases, though. Doesn't really matter.

I will be honest that I don’t care at all about overall capacity of a park, or WDW in general, so I am slightly biased, but i certainly think it has nothing to do with if something can be considered new. The “newness” of something is related to the thing itself. Any attempt to relate newness to capacity means the thing you are describings “newness” is related to other things, not itself.

If someone is new isn’t related to how many seats it has or not. I mean so your saying a ride is “new” if it is build on an expansion pad, but the same ride is not new if it’s build on land that has something before it?
To cosmic ray analogy, if the restaurant stays the same but changes the menu, the restaurant isn’t new, but the menu certainly is. To follow your reasoning it would mean the menu isn’t “new” unless it has more offerings than the old one?

Or let’s say they build a new bathroom? If they don’t knock down other bathrooms in the park that bathroom is new? But if they do then the newly built bathroom isn’t “new” anymore?

I mean if buy a new car but go from a mini van to a Ferrari, does it mean I don’t have a new car because i went from a 7 passenger capacity to 2?

The amount of people something can service is unrealated to how old/new it is

 

[DisDude33]

After thinking about it, I needed to reply to my own post.

Its not like a 10 year clock. They said they would spend the money over 10 years...

Think about stuff for a couple of years.

Spend some money for a year and a half on some stuff.

Think about stuff for another couple of years.

Spend some money for a couple of years on stuff.

And so on...

I don’t remember off the top of my head where I read this so it could be wrong but I do remember reading somewhere that the $60 billion investment decade was for the fiscal years of 2025 to 2035.

 

[BrianLo]

I don’t remember off the top of my head where I read this so it could be wrong but I do remember reading somewhere that the $60 billion investment decade was for the fiscal years of 2025 to 2035.

Fiscal Year 2024 - Fiscal Year 2034
Oct 1, 2023 - Sept 30 2033

With emphasis that it would expand in the back half.

We seem to have almost the entire DCL outlay. But based on their projected 20B spend on DCL, I assume there’s an option for a 2032 unbooked ship. We only really have parks plans through fiscal 2029 (Sept 30, 2029).

“Disneyland Forward” would be a pathway to accelerating the out West Spend. I’m quite dubious if Florida hits the doubled investment benchmark.

Before I’m reminded there’s no real obligation to meet the full dollar amount. Such long capital plans rarely hold.

 

[Sirwalterraleigh]

Before I’m reminded there’s no real obligation to meet the full dollar amount. Such long capital plans rarely hold.

You’re gonna start trouble with this one…

 

[MisterPenguin]

The Walt Disney Company is not the parks division.

The parks division is not WDW.

The $60B is for all the parks world wide.

WDW gets $17B.

 

[Ayla]

I'm sorry. Just having a fun discussion on this discussion board. If you don't like it, just ignore it and scroll on

Oh, the irony.

 

[Disstevefan1]

Before I’m reminded there’s no real obligation to meet the full dollar amount. Such long capital plans rarely hold.

Translation. Carslsnd and villains land at the MK is gonna get scope cut to cr@p

 

[HauntedPirate]

I don’t remember off the top of my head where I read this so it could be wrong but I do remember reading somewhere that the $60 billion investment decade was for the fiscal years of 2025 to 2035.

And I think Disney CFO Hugh G Johnston also may have said something about expanding that timeline out even further than a decade. But he can’t lie or anything, so it has to be only 10 years as originally announced.

 

[MR.Dis]

With inflation, money devalues quarterly (not yearly as was once the standard of review). So saying you are going to spend 60 billion in next 10 years means nothing-- in just 2 years from now 60B may not be worth 30B (I know an exaggeration but trying to make a point) in todays dollars. What is the saying...Liars figure and figures lie.

 

[Sirwalterraleigh]

With inflation, money devalues quarterly (not yearly as was once the standard of review). So saying you are going to spend 60 billion in next 10 years means nothing-- in just 2 years from now 60B may not be worth 30B (I know an exaggeration but trying to make a point) in todays dollars. What is the saying...Liars figure and figures lie.

That and they are never and will never be under any obligation to spend it.

Important point

What they will spend will be to serve many needs and tops on the list won’t be “what fans want”…it will be more shafts in the coal mine