doctornick
Well-Known Member
Where is @ParentsOf4 to indicate how this compares with current/past spending with some nice graphs?
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News Disney plans to accelerate Parks investment to $60 billion over 10 years
- Thread starter CaptainAmerica
- Start date
Hopefully an expansion of Skyliner.
SplashJacket
Well-Known Member
Regardless of everyone’s thoughts on whether or not Disney will execute, at the end of the day, this signals a transition away from the less successful media industries (which the parks have been subsidizing) to actually investing in their cash cow.
Instead of wasting billions on mediocre D+ content, they’re actually going to pump that money into the parks, hoping they can actually grow them. This isn’t a pr move, it’s a monumental business strategy shift that should benefit us parks fans.
Instead of wasting billions on mediocre D+ content, they’re actually going to pump that money into the parks, hoping they can actually grow them. This isn’t a pr move, it’s a monumental business strategy shift that should benefit us parks fans.
doctornick
Well-Known Member
They have land for a second gate at HKDL, right? And maybe even SDL? While it would seem a comment like this is certainly more relevant to WDW among the parks, I'm skeptical anything ever gets used until shovel is hitting dirt.
GhostHost1000
Premium Member
More Moana fountains?
Disney plans to expand parks investment to $60 billion over 10 years
Disney plans to expand parks investment to $60 billion over 10 years
Disney plans to expand parks investment to $60 billion over 10 years
www.wdwmagic.com
Right, and I tried to quickly add to the post but you caught me before I could. But yes, agreed and maybe even more skeptical about even shovels.
Indy_UK
Well-Known Member
Ive stopped being lazy and looked it up. Yeah so Iger said $17 billion over the next 10 years in Florida. $60 billion is a large uplift but be interested where they plan for that to go.
Cruiseline is already set with 3 more ships and a new private Island on the way. They don't need anymore than that for now especially when they may struggle to fill some of these sailings.
Tokyo, Shanghai, Hong Kong and Paris are all receiving considerable expansions although especially for Paris they could do more.
I imagine a large chunk of this extra money is for Disneyland Forward. I get it was the original park but why does there get the constant investment?
Im sure all that I've just mentioned is within that $60 billion budget but it does give a lot left for a lot more.
WDW can fairly easily be solved. The don't need or should have a 5th park. Go ahead with the Encanto/ Indy takeover of Dinoland. Build a villains only land behind thunder mountain.
Epcot they can use what's there. Imagination & Play Pavilion re-imagines will help a lot. Build a decent ride in the back of UK Pavilion.
Studios still has massive potential to expand Galaxy's Edge to incorporate the Star Cruiser. Marvel rights I still believe Disney are going to try and get back as part of the Hulu talks and the right side of the park will become it's own Avengers Campus.
Like mentioned, it all needs to add capacity and not just re-themes. Tiana's refurb has been so pushed but the impact is going to be minimal.
SweetDuffy101
Well-Known Member
This is so funny that Disney likes to hype things up and we get nothing.
I mean didn't we learn anything from D23 and Destination D. Domestic parks got nothing.
They hyped so much that the conversation was overseas parks. and what did Disneyland and WDW get Blue sky concepts that will never see the day of light.
and yet it works because we keep talking about it.
and next day disney parks changes there mind and poof gone. Like that Mary poppins at EPCOT or that Imagination pavilion.
or that First concept for AK.
I mean didn't we learn anything from D23 and Destination D. Domestic parks got nothing.
They hyped so much that the conversation was overseas parks. and what did Disneyland and WDW get Blue sky concepts that will never see the day of light.
and yet it works because we keep talking about it.
and next day disney parks changes there mind and poof gone. Like that Mary poppins at EPCOT or that Imagination pavilion.
or that First concept for AK.
I'll believe it when I see it.
SplashJacket
Well-Known Member
So one in Shanghai, Hong Kong, Paris, Disneyland, and 3 in WDW, by my counts?
Fits the master planning documents previously released.
The $17 billion was specifically for WDW. The $60 billion today is the entire Parks and Resorts. business - which includes domestic, international and cruise line. So not sure how much we can really interpret from that.
el_super
Well-Known Member
I don't have the chart, but if memory serves, they had been hovering around 3 to 4 billion a year before the pandemic. Increasing that to 6 billion a year would be a 30% increase for the next 10 years.
Realistically not "new parks" level of money, but closer to new lands like SWGE and FROZEN for the next ten years.
SweetDuffy101
Well-Known Member
On positive note maybe WDW will be getting a brand new themed toilet or plant 200 trees at MK. And call it new experiences.
It's a doubling over the trailing 10-year period, which includes Shanghai.
This isn't just ride refurbs and after-hours parties. This is new gates and new ships.
And sooner, rather than later.
I disagree, I think they're going to get aggressive with DCL.
Epcot82Guy
Well-Known Member
We'll see. IMHO, this just smacks of "analysts asking about Epic Universe" and similar questions vs. genuine plans to do anything concrete.
el_super
Well-Known Member
Disney Stock Slips After Media Giant Unveils Plan To Double Spending On Theme Parks To $60B Over Next 10 Years
Disney shares pulled back 2% in early trading after the media giant unveiled a comprehensive plan to double its investment in theme parks to $60 billion over the next 10 years. In an SEC filing, sl…
deadline.com