Disney has already spent $33 Billion on just advertisement of blue sky projects!!
Disney has already spent $33 Billion on just advertisement of blue sky projects!!
If you had to guess, when would you place the opening of the Dinoland replacement?One would hope the D23 2024 presentation would include a FORMAL announcement for DAK (i.e. This is what we are building and it opens in x year) with more concrete blue sky for MK that will nonetheless be completely changed in 2025 and 2026 before they actually start building.
Given that there are still no shovels, very-late 2026?If you had to guess, when would you place the opening of the Dinoland replacement?
Thanks!Given that there are still no shovels, very-late 2026?
Maybe not detailed for all of it. But you are talking anywhere from a 25%-100% increase in what they had previously done the last 10 years. This is a company that takes an astronomical amount of time to complete projects already. I'm not sure you can afford to shut down multiple rides/areas at multiple parks all at the same time. It does seem strange to announce very little ready to start building at the parks, then a month later announce you are doubling park investments.
Doesn’t seem to have worked?Totally different audiences
This wasn't about exciting fans it was about trying to get investors/analyst to change how they look at the company, how they evaluate the future income potential ... telling them to look at the margins from the parks not media/streaming and saying they are pivoting to reinventing in the areas proven to deliver returns
It’s about resetting investor expectations and focus… not achieving immediate results
That's wishful thinking. Investors demand and expect ROI. ( Return On Investment ).It’s about resetting investor expectations and focus… not achieving immediate results
They have no idea what that are doing. The design by committee needs a year or two to think about it....I think the reaction would have been more positive if they were more specific about their plans.
That's why this slide was in the deckThat's wishful thinking. Investors demand and expect ROI. ( Return On Investment ).
Yeah, it is, but I still think if I was an investor I'd like to know at least some things that this pivot is going towards. I mean, we here have 2 dozen pages talking about new lands, new parks, how much to domestic, etc. I think if it's a complete pivot, I'd at least like to know the first moves at announcement (and again, knowing it takes a year and a half to add an animatronic to a ride), especially with the backlash some announcements have received.Totally different audiences
This wasn't about exciting fans it was about trying to get investors/analyst to change how they look at the company, how they evaluate the future income potential ... telling them to look at the margins from the parks not media/streaming and saying they are pivoting to reinventing in the areas proven to deliver returns
Why do you think Bob came back? It wasn’t for the company’s greater good. Announcements like “we’re going to spend $60 billion in the next 10 years on the parks” doesn’t come from someone who plans to retire anytime soon. I mean, it could, but does anyone think Bob’s going to walk away with his legacy further tarnished?@HauntedPirate's post was one of the most terrifying things that I have ever read.
Particularly the idea of Iger being CEO for life.
Don’t worry! Just trust that the cardigan-wearing weasel will fix all the problems he created.Yeah, it is, but I still think if I was an investor I'd like to know at least some things that this pivot is going towards. I mean, we here have 2 dozen pages talking about new lands, new parks, how much to domestic, etc. I think if it's a complete pivot, I'd at least like to know the first moves at announcement (and again, knowing it takes a year and a half to add an animatronic to a ride), especially with the backlash some announcements have received.
Also, it’s meant to reassure investors that the management (following much turmoil) has a vision to move the company forward. While this may ease concerns over the parks segment, I suspect investors also need to hear more about the cable networks and actually making films that, you know, make money. I imagine Iger is capable of dealing with all that given some time. I would imagine that’s why he was suddenly interested in satisfying the writer’s guild. A few months off likely generated savings to the company but now he needs new projects in the works that can make money in 2024 and beyond.It’s about resetting investor expectations and focus… not achieving immediate results
Also, it’s meant to reassure investors that the management (following much turmoil) has a vision to move the company forward. While this may ease concerns over the parks segment, I suspect investors also need to hear more about the cable networks and actually making films that, you know, make money. I imagine Iger is capable of dealing with all that given some time. I would imagine that’s why he was suddenly interested in satisfying the writer’s guild. A few months off likely generated savings to the company but now he needs new projects in the works that can make money in 2024 and beyond.
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