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

[Brer Panther]

Considering how long it takes Disney to build attractions nowadays, waiting until the back half of the decade to start investing doesn't seem like such a great idea.

 

[Disstevefan1]

Disney CFO says its planned $60 billion parks and experiences investment will ramp up in the back half of the next decade​

Disney CFO says its planned $60 billion parks and experiences investment will ramp up in the back half of the next ten years

Disney CFO says its planned $60 billion parks and experiences investment will ramp up in the back half of the next ten years

www.wdwmagic.com

Back half of the next decade, LOL, LOL, LOL. So, so stupid.

 

[rd805]

So in reality, they 'aint doin' squat.'

 

[Surferboy567]

Two words: Epic Universe

 

[Sirwalterraleigh]

Hahahahahahhahahahhahah!!!

 

[Sirwalterraleigh]

So in reality, they 'aint doin' squat.'

Because’s bobs “legacy” program from 2015-2021…was IT.

He doesn’t like parks and doesn’t understand how to run them for longterm.

There was never gonna be a “Counter” to EU or “phase 2” for anything.

And…let’s not BS…he’s saving “announcements” to try and save himself if things get worse as a tactic. And that means more old tricks…announce, delay, reduce, decay

 

[Lilofan]

Back half of the next decade, LOL, LOL, LOL. So, so stupid.

Iger will be long gone sailing on his super yacht

 

[Epcot82Guy]

So, "We totally have plans and 100% will totally do them in the coming years. We promise..."

Perhaps rebranding Dinosaur is to remove the ever-echoing "Trust me. What could go wrong..." line. As it seems to be more applicable than we would like.

 

[Touchdown]

So, "We totally have plans and 100% will totally do them in the coming years. We promise..."

Disembodied voice of Ron Howard: “They did not.”

 

[Lilofan]

Disney CFO says its planned $60 billion parks and experiences investment will ramp up in the back half of the next decade​

Disney CFO says its planned $60 billion parks and experiences investment will ramp up in the back half of the next ten years

Disney CFO says its planned $60 billion parks and experiences investment will ramp up in the back half of the next ten years

www.wdwmagic.com

Who is going to line up and drink that Kool-Aid?

 

[Sirwalterraleigh]

So if it takes you 5 years to build a spinner…what’s the lead time when plan on “ramping up” 7 years from now?

 

[Disstevefan1]

So in reality, they 'aint doin' squat.'

 

[mattpeto]

They have to finish Cake Bake Shop first, give them some time.

 

[lazyboy97o]

How exactly would people propose that spending be front loaded? By making already high design costs even higher?

 

[Dan Deesnee]

Article headline is poorly worded. It makes it sound like the spending ramps up in the back half of the 2030's.

What they actually said was the back half of the next 10 years. So 2028-2033.

 

[Sirwalterraleigh]

How exactly would people propose that spending be front loaded? By making already high design costs even higher?

…there are dozens of people here who usually are very supportive/pro-Disney on most things that are completely seeing through/calling out this nonsense today…

…and then there are others (one or two people) who are gripping their blue id card and wasting time defending

 

[Sirwalterraleigh]

Article headline is poorly worded. It makes it sound like the spending ramps up in the back half of the 2030's.

What they actually said was the back half of the next 10 years. So 2028-2033.

No…we got it…

5 years is pathetic in the amusement biz

 

[Epcot82Guy]

How exactly would people propose that spending be front loaded? By making already high design costs even higher?

That's a fair question. I think the actual point is that they don't truly intend to spend this unless we see economic rebound. I would argue this is a way to attempt to lure analysts, address Universal questions and yet leave a MASSIVE open door to saying "economic realities have changed" in the coming few years and slash that actual spend. It's not that it is misapplied - it's that the number was manufactured from the beginning.

 

[Sirwalterraleigh]

That's a fair question. I think the actual point is that they don't truly intend to spend this unless we see economic rebound. I would argue this is a way to attempt to lure analysts, address Universal questions and yet leave a MASSIVE open door to saying "economic realities have changed" in the coming few years and slash that actual spend. It's not that it is misapplied - it's that the number was manufactured from the beginning.

The problem is “economic rebound” is only needed by Disney
Comcast and time Warner are up 17 and 22% respectively this year

 

[lazyboy97o]

That's a fair question. I think the actual point is that they don't truly intend to spend this unless we see economic rebound. I would argue this is a way to attempt to lure analysts, address Universal questions and yet leave a MASSIVE open door to saying "economic realities have changed" in the coming few years and slash that actual spend. It's not that it is misapplied - it's that the number was manufactured from the beginning.

What you are describing is a crime. You’re telling us that a week into a new job and a guy agreed to join in a criminal conspiracy. One based on the premise of finance types not even glancing at economic data.