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

[fgmnt]

While we’d all love more details, some of us were around for the announcements related to “The Disney Decade” under Eisner. I’m still waiting for the Russia and Switzerland pavilions,

They got cancelled for the Brazil pavilion

 

[Disstevefan1]

They got cancelled for the Brazil pavilion

Ya know what, I’ll take it. A new pavilion is an new pavilion. Beggars can’t be choosers.

 

[Mr. Pusskers]

Just hoping that the U.S parks gets a lot of love and updates and of course new attractions.

 

[pdude81]

How many walls does $60B buy?

I have a dream... that they enclose all of Epcot, and the nighttime show will consist of gigantic fiber-optic cables that malfunction like the end of Gran Fiesta tour.

No more weather closures in the summer!!!

 

[Advisable Joseph]

It seems when you apply the same depreciation to two amounts in which one is twice as the other, in the end, the value of one is overall... twice the other.

But this is looking at the 2013 pot from the view of 2013. What's it worth in 2023 dollars?

I thought I'd plug in actual inflation data into your reasoning here.

Disney is a US business, not an end consumer, so I thought I'd use the US Producer Price Index to find the coefficient to convert from 2013 dollars to 2023 dollars.

Putting

us ppi in Aug 2023 / us ppi in Aug 2013

Into Wolfram Alpha gives 1.261.

So, nominally the spending would be 2:1, but adjusting for inflation, it would be 2:1.261, which is 1.586:1.

I'm still thinking about your spreadsheet, BTW.

 

[Chef idea Mickey`=]

In my opinion I feel World Showcase isn't complete without India and Australia. I'd add Brazil since South America isn't represented unless South America is fully represented in the DinoLand change.

 

[JoeCamel]

In my opinion I feel World Showcase isn't complete without India and Australia. I'd add Brazil since South America isn't represented unless South America is fully represented in the DinoLand change.

See if you can get them to pony up enough cash for a space, this is a pay for play venue

 

[hopemax]

Into Wolfram Alpha gives 1.261.

Every time you guys do these inflation calculations, I read Wolfram and immediately my mind goes to Wolfram & Hart... which would explain some things if we need to consider interdimensional, demonic realities into our business predictions.

Don't mind me and carry on...

 

[Phineas]

I don't think Disney leadership does.

 

[Nubs70]

I’m too tired today to chase down the net income numbers from the past 6-7 years. If what you say is true, then Bob must be planning to acquire a large amount of cash somehow…

Divestiture - Shrinking to grow? Just like GE did

 

[ToTBellHop]

Divestiture - Shrinking to grow? Just like GE did

Soon enough, they’ll be holding daily bake sales at the Boardwalk. Works for fundraising at my kids’ cross country meets so it’ll work here.

 

[Nubs70]

Soon enough, they’ll be holding daily bake sales at the Boardwalk. Works for fundraising at my kids’ cross country meets so it’ll work here.

I wouldn't go that far. Interesting that the "Parks are a mature asset" thesis seems to have been tossed aside.

 

[Dranth]

I wouldn't go that far. Interesting that the "Parks are a mature asset" thesis seems to have been tossed aside.

That is one of the things that gives me a little hope. If they have really turned around on the potential for park growth then that shows they are at least willing to change when proven wrong.

 

[Jrb1979]

I would be more excited about this if they presented some of the new attractions that are planned. Instead we get numbers to get people excited. It's no different than the blue sky ideas. It's a ploy to get the fanbase excited only to be let down once again.

With everything they have announced lately it feels like they don't have a set plan. Throwing stuff at the wall and see what sticks.

 

[flynnibus]

For those that do know. After the new ships are paid for and after all parks globally share the rest...how much money will WDW actually get in 10 years that it's not already getting "normally" today?

see those little numbers below the posts? They let you scroll through the pages of posts that you ignored. They answer the questions you’ve repeated.

 

[tanc]

Hopefully most of that $60 billion goes into animatronics/physical things and not projections

 

[Tha Realest]

I would be more excited about this if they presented some of the new attractions that are planned. Instead we get numbers to get people excited. It's no different than the blue sky ideas. It's a ploy to get the fanbase excited only to be let down once again.

With everything they have announced lately it feels like they don't have a set plan. Throwing stuff at the wall and see what sticks.

There are no concrete details. Just hazy “blue sky” concepts and a few announced projects with no ETA, and a bunch of numbers that can be allocated a host of different ways between the parks and cruise lines.

What we do know is the only things under construction right now at WDW are Tiana, wrapping up EPCOT, and the Poly DVC.

 

[MrPromey]

While we’d all love more details, some of us were around for the announcements related to “The Disney Decade” under Eisner. I’m still waiting for the Russia and Switzerland pavilions, a new circle-vision in MK, a Muppet Movie Ride, a Roger Rabbit ride, Dick Tracy’s Crimestoppers, etc.

I’m just cautiously optimistic, since they seem to admit the parks need a bolus instead of the recent drip IV.

I wouldn't be holding my breath on that Russia pavilion if I were you...

 

[MrPromey]

I would be more excited about this if they presented some of the new attractions that are planned. Instead we get numbers to get people excited. It's no different than the blue sky ideas. It's a ploy to get the fanbase excited only to be let down once again.

With everything they have announced lately it feels like they don't have a set plan. Throwing stuff at the wall and see what sticks.

I mentioned this at the bottom of one of my characteristically overly-long posts somewhere else but I think it's worth repeating here:

I think Disney is waiting to see what the full impact of Epic Universe is going to be for them once it's fully up and running and past grand opening crowd levels.

Until then, I'd expect blue sky presentations and vague ideas of things to come while they stall, watching and trying to figure out what they're going to need to pour into their Florida property for the future.

Hopefully, EU opens big, has really great stuff AND has some meaningful lasting impact when it comes to people's vacation plans that gives Disney management cause for concern.

I think that's the only way we're going to see them really invest in the Florida property the way we'd all like to see them do it. I just wonder how long they'd need to sit and watch before deciding something needs to be done and what that something is.

Most of us where here for the underwhelming Potter swatter.

 

[ToTBellHop]

I mentioned this at the bottom of one of my characteristically overly-long posts somewhere else but I think it's worth repeating here:

I think Disney is waiting to see what the full impact of Epic Universe is going to be for them once it's fully up and running and past grand opening crowd levels.

Until then, I'd expect blue sky presentations and vague ideas of things to come while they stall, watching and trying to figure out what they're going to need to pour into their Florida property for the future.

Hopefully, EU opens big, has really great stuff AND has some meaningful lasting impact when it comes to people's vacation plans that gives Disney management cause for concern.

I think that's the only way we're going to see them really invest the way we'd all like to see them do it. I just wonder how long they'd need to sit and watch before realizing something needs to be done.

The Dinoland project gets under way before EU opens. I certainly view the scope of any MK expansion as a direct response to the EU impact, if any.