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

[Advisable Joseph]

You don't have to guess where this comes from. Most of us know.

Bob Iger said it. $17B invested in the Orlando parks.

Period.

Bob Iger reveals Disney planning on investing $17B in Walt Disney World

Bob Iger revealed Disney has plans for a multi-billion-dollar, 10-year investment in its Walt Disney World park in Florida, a state the company has recently been in conflict with.

www.foxbusiness.com

I was talking about what pot of money the $17B was coming from, not where the news came from.

Capex for the total company was about $5B last year and this year, and is projected to rise to $6B next year. (This year's spending was supposed to be $6B) I am suggesting, when Iger mentioned $17B for WDW, that overall company capex would be $6B per year on average for ten years, which a poster here estimated would yield $4B per year for experiences. (I believe the company spent roughly $3.5B per year for experiences in the last ten years, from memory.)

Apparently the company has recently decided to spend even more money five years from now, so WDW may be getting even more investment, on top of the aforementioned $17B.

 

[Indy_UK]

Does any of these numbers matter because once Iger is gone, the plans will completely change

 

[LSLS]

Does any of these numbers matter because once Iger is gone, the plans will completely change

Bold to assume he will be gone in 10 years

 

[ToTBellHop]

Does any of these numbers matter because once Iger is gone, the plans will completely change

Bob has at least 30 more years in the tank. His return will be as temporary as Mickey’s Birthday Land ended up being.

 

[GhostHost1000]

Bob has at least 30 more years in the tank. His return will be as temporary as Mickey’s Birthday Land ended up being.

he might outlast the Walt Disney Company if he stays on as CEO that long lol

 

[MisterPenguin]

he might outlast the Walt Disney Company if he stays on as CEO that long lol

I look forward to Iger Studios and Bob Iger World parks!

 

[GhostHost1000]

I look forward to Iger Studios and Bob Iger World parks! - A division of Six Flags Entertainment

fixed your post

 

[ToTBellHop]

fixed your post

Now I understand why I was told DAK will soon open Mickey’s Top Thrill Roadster Racer:

Happy to see they can reuse the Primeval Whirl station!

 

[HauntedPirate]

Don't worry: no one said that.

I misread the comments, my apologies.

 

[Andrew C]

I misread the comments, my apologies.

#dobetter

 

[HauntedPirate]

Now I understand why I was told DAK will soon open Mickey’s Top Thrill Roadster Racer:

View attachment 753525

Happy to see they can reuse the Primeval Whirl station!

Well there's at least $1-2 billion of the $60 billion.

 

[HauntedPirate]

#dobetter

I try. Too many raps on the head over the course of my life.

 

[ToTBellHop]

Well there's at least $1-2 billion of the $60 billion.

 

[HauntedPirate]

View attachment 753527

And they aren't even getting the current iteration of Top Fuel Dragster for that price. The newer version would probably cost $5-6 billion, and Bob and Josh just couldn't justify spending that much on a launch coaster that didn't involve Marvel characters.

 

[SpectreJordan]

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.

Yeeeeah, that's not much better. They should be starting some of this within the next 2 years.

Maybe they meant that most of this would be for Disneyland & the international parks which don't even have Blueskys shown off right now; so those would be that "ramp up". This way maybe the Magic Kingdom & Animal Kingdom plans could start sooner. But I sort of doubt this is the case.

Yeah…if I didn’t know better, I’d think all we will get by 2028 is Dino—>Indy from this news. Maybe whatever they want to replace Dino-Rama with. Sounds like the MK expansion is pushed out to 2030 or later.

I can’t wait for Epic Universe.

Man, that would be awful. Closing down Dinosaur for the retheme while the stupid parking lot is still open would be such a bad idea; modern Disney has tons of issues but I don't think they're that stupid.

 

[HauntedPirate]

Man, that would be awful. Closing down Dinosaur for the retheme while the stupid parking lot is still open would be such a bad idea; modern Disney has tons of issues but I don't think they're that stupid.

TDO:

 

[Tha Realest]

Bob has at least 30 more years in the tank. His return will be as temporary as Mickey’s Birthday Land ended up being.

He’s not as spry or nimble to do this at 81 like Peltz.

 

[HauntedPirate]

He’s not as spry or nimble to do this at 81 like Peltz.

They already are working on a long-term solution to that:

 

[ToTBellHop]

They already are working on a long-term solution to that:

I thought he planned to just link with a Na’vi,

 

[GhostHost1000]

I thought he planned to just link with a Na’vi,
View attachment 753550

Uh….and….fly