flynnibus
Premium Member
Then it wouldn't be TWDC claiming to spend it... because that's OLC spending and capital expenditures, not TWDC.
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News Disney plans to accelerate Parks investment to $60 billion over 10 years
- Thread starter CaptainAmerica
- Start date
Then it wouldn't be TWDC claiming to spend it... because that's OLC spending and capital expenditures, not TWDC.
That spend is outside of the 10 year window.
JD80
Well-Known Member
Sure, but those are new things added to the parks within that 10 year window.
Sirwalterraleigh
Premium Member
It’s not even close…
Anyone like math? Take that number and divide it by 40 and see where it comes out?
Fido Chuckwagon
Well-Known Member
Parks AND Cruises. Cruise ships are expensive, and there are, what, 8 disney parks that are not in Florida? The FL parks could easily get stiffed here.
Coaster Lover
Well-Known Member
- In the Parks
- No
I mean, I guess the real questions is when will we actually start to see something happen? Looking at WDW and DL for that matter, the number of projects that they are actively working on at the moment seems minimal (both in scope and price tag). The international parks seems to have significantly more going on (along with the cruise lines), but DL and WDW? I assume so long as everything goes in their favor a pretty big portion of this money will be going towards Disneyland Forward, but as for investments in WDW? In addition to the Dinoland replacement and the blue sky "beyond Thunder Mountain", how much more can we reasonably expect (I feel like that stuff alone is going to take the batter part of 10 years to open).
I haven't kept up on cruise ship inflation but I'll guess each ship is $2 billion. I don't think Disney is going to be investing much in mainland China in the near future. Tokyo doesn't count.
So yeah, there's a lot left that's not FL but this is a huge amount of dollars to go around.
EDIT: For what it's worth, the Icon of the Seas is $2 billion and it's twice the size of any Disney ship.
Kamikaze
Well-Known Member
You have to factor in that Disney is actually kind of ahead on the ships it wanted to build because they got that nearly complete ship for literally pennies on the dollar.
Serverfarm
Member
Reminder folks, that's $6 Billion a year. That 6 new FULL lands, e.g. Galaxy's Edge, (or rebuilt old lands) every year for 10 years over what 20 properties (incl ships/non park resorts). Considering their track record has shown 1 new land ~5yrs on a staff 100% larger than today. Lol.
LIRC they sold the Fox O&Os for $43B to cover most of the cost in buying Fox [IP]. With streaming burning cash like a wildfire and studio tentpoles underperforming, it's betting all on getting more than 60B for ABC and its old dis media networks. Which is VERY doubtful. As a fan, something to look forward too (as long as tik prices hold), as a shareholder, are these guys smoking? Conclusion: why now and very disappointing.
LIRC they sold the Fox O&Os for $43B to cover most of the cost in buying Fox [IP]. With streaming burning cash like a wildfire and studio tentpoles underperforming, it's betting all on getting more than 60B for ABC and its old dis media networks. Which is VERY doubtful. As a fan, something to look forward too (as long as tik prices hold), as a shareholder, are these guys smoking? Conclusion: why now and very disappointing.
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Fido Chuckwagon
Well-Known Member
FYP.
Fido Chuckwagon
Well-Known Member
Well, that's the end of that then. Can't let the shareholders down, after all.
The market is irrationally obsessed with the streaming business. It's all they care about. To them, this is a distraction from the "important" stuff.
What goes up also goes down. Invest in the markets long term and reap the benefits of compounding interest. But anyone who bought Disney stock shorting it predicting the sky is falling is laughing all the way to the bank.
Animaniac93-98
Well-Known Member
"And we have learned that incorporating Disney I.P. increases the return on investment significantly."
They only invest in IP stuff to begin with. Very much self-fulfilling prophecy.
They only invest in IP stuff to begin with. Very much self-fulfilling prophecy.
Disney Analyst
Well-Known Member
Wall Street tends to cut off their nose to spite their face
Dranth
Well-Known Member
Yep, and they really need to be careful to not oversaturate the market for a Disney specific cruise. It's easy to charge 1.5-2x as much as your competitors when you have limited space. Put to many ships out there to quickly and you hurt your pricing power while driving up your costs. So, between the extra, unexpected boat, and what was already planned, I would expect them to slow roll any further expansion of the fleet so they can see how the market reacts to the new ones.
The one exception to this would be if they plan to retire the oldest ships, then I could see an announcement for a couple more coming down the line.
TheIceBaron
Well-Known Member
IP focused spending makes a Villains land very likely, although with the amounts earmarked for WDW I think there would be enough for a 5th park centered around Villains/Spooky theme. That way they can have Villains across their properties (like Darth Vader, Thanos, etc) as opposed to just Disney animation Villains. I feel like that best accomplishes their IP mandate.
John park hopper
Well-Known Member
I'll believe it when I see it. Its is easy say we're gona---- it's another thing to actually do it
I would contend investing much less in the parks division than announced would be considered poor stewardship of the company, bordering on malfeasance… if you were focused on a long term look at the stock. If you are focusing at the next quarter, your desires in how management invests in physical, long-life assets are likely perfectly inverted.