Disstevefan1
Well-Known Member
By then the proxy fight will be over, Iger will have won, business will resume as usual and we will be getting, "wouldn't it be cool if..."
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News Disney plans to accelerate Parks investment to $60 billion over 10 years
- Thread starter CaptainAmerica
- Start date
JoeCamel
Well-Known Member
Conversely why would you pay to attend a fan event like D23 rather than just scroll your phone to see the same announcements? Other than to say "I was there when it happened" I don't see where the value is unless you are reselling or obsessive.
wannabeBelle
Well-Known Member
I've attended fan events centered around Disney with absolutely no forthcoming plans being announced at all. These werent D23 events but meet up arranged by other fans, many of them members here. I had an amazing time and would go again in a heartbeat. D23 is being hyped as a preview of things to come, so to expect people to pay for a "Wouldnt it be cool if we did this?" announcement with nothing in the pipeline, even subject to change, is not too cool. Marie
BrianLo
Well-Known Member
Don’t insight the crazies!
I’m sure the 17 billion was beyond an idealized number. But I think ships built in Germany, flagged in Bahamas, filled with international workers, being sent to Singapore are a bit of a stretch to claim that they are ‘investing in Florida’.
Now in some fashion DCL may be a small contributor, things like new terminals, but they’ve also now specifically pulled DCL out of the equation on filings so it seems dubious to lean too heavily into the conspiracy.
BrianLo
Well-Known Member
Why bother attending a concert in person?
D23 is (in my opinion) a good time and is quite a bit bigger than just the keynotes.
Albeit the movie keynotes have actual exclusive attendee content, a rather significant amount if that floats one’s boat. The parks keynote are largely about being there, with a few baked good, posters and the musical numbers that everyone groans about here and want to fast forward are more enjoyable.
But it’s also mostly an event made for Californian pass holders.
lazyboy97o
Well-Known Member
D23 Expo is a lot more than a single presentation about the parks.
wannabeBelle
Well-Known Member
Not discounting that. I know what a great fan meet can be, but without announcements does it lose some of it's appeal? Marie
doctornick
Well-Known Member
This. Since the $17B was said to go to “Florida”, it almost certainly involves some things outside of WDW proper. And the cruise line is absolutely where some of that money would go - but it would have to be things regarding the terminal or administration space. New cruise ships or Lighthouse Point surely are not part of that “Florida” money. How could that possibly be justified at going to Florida when the ships are built and flagged in other countries?
BrianLo
Well-Known Member
The vast majority of attendees do not get in to the parks keynote. Something like 10-15% of the entire weekend crowds can get in. Partly why they are tripling capacity by using the Honda Center.
I know that’s everyone’s focus here, but I always historically laugh when people expect an exclusive WDW slate, in a conference in Anaheim, where less than half of those in the audience have ever been to WDW. This forum skews people’s perception of what the entire event actually looks like.
Now, since the head of P&R&experiences has to stand on stage for 90 minutes and this current one really cares what the locals think of him, he’ll probably try and impress.
Stripes
Premium Member
The company said the $17 billion was specifically for WDW, not Florida.
Bocabear
Well-Known Member
well also that 17B to Florida or WDW specifically doesn't even matter...they have announced things over and over for WDW and quietly cancelled them...What is to stop them from cancelling the 17B for new growth? absolutely nothing...they will do whatever makes sense for the stock at that moment...
Indy_UK
Well-Known Member
Problem now with D23 is the people expect big announcements from Parks and Resorts and I mean, why wouldn’t they but the last 2 presentations have been dire
James Alucobond
Well-Known Member
I mean, you’re basically saying anything can happen, which is true. No one disputes that. Mega-COVID could happen tomorrow, and everything would change. But right now there is obviously a lot of energy, intention, and genuine effort being directed toward increased spending and expansion. While a certain amount of caution is obviously warranted, it’s no more warranted now than it ever has been. Economic and public health crises can always derail plans, but I don’t think it’s especially useful to dwell on them on every page of this topic. It certainly doesn’t mean the $17 billion commitment “doesn’t matter”.
Because it was what, five or six years ago that D23 unloaded a big dump of park updates that a lot of people think that D23 is the time and place for yearly park update dumps?
There's been plenty of years in which almost no park news came out of an annual D23 event.
But every year people speculate with a laundry list of hopeful announcements, and every year, they leave disappointed.
And D23 has burned reliable insiders at times by pulling announcements from their presentations at the last minute. So, I don't blame insiders for not caring to give hints or insights about what might be announced at D23 anymore, lest the D23 announcement chaos make them look bad.
Pixie duster and shill that I am... I'd never go to D23 event, nor do I expect big announcements.
There's been plenty of big announcement happening throughout the years outside of D23 events.
Disstevefan1
Well-Known Member
All I hear is a lot of talk. Any shovels in the ground right now for new expansion in WDW? (DVC does not count in my mind)
Bocabear
Well-Known Member
I would think after all the announcements for EPCOT that were cancelled they would be more careful about what they announce at the next D23... I think most of the attendees go just for the Parks and Resorts announcements...at least they did when I attended YEARS ago... I am hoping that there is some positive motion at the next event...and some exciting news that isn't just DVC and Meet N Greets.....
doctornick
Well-Known Member
I'm not sure its true. I tried to find the specific quote and most sources seem to paraphrase - and do indicate/imply it is for WDW specifically - but this is the best I could come up with for a direct quote:
Since it is in the context of "investing in the state of Florida", I don't think we can assume that the $17B is necessarily entirely earmarked for WDW specifically. Though given the business interests of TWDC in the state, it would be hard to imagine that the vast majority of that wouldn't go to WDW in some capacity.
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Disstevefan1
Well-Known Member
We all know by now things are subject to change, especially for WDW. My personal opinion is Iger will talk up stuff but will be playing the waiting game to see what happens with EPIC before REACTING in WDW.
Stripes
Premium Member
Disney Parks Chairman: I Hope We're Able to Continue Investing in Walt Disney World
Disney Parks Chairman Josh D'Amaro and Walt Disney World President Jeff Vahle comment on future investments at Disney World
blogmickey.com
Iger also specifically mentioned WDW on the shareholder call.
Eric Graham
Well-Known Member
Here's an interesting article about this subject:
blogmickey.com
Only Half of Disney's Previously Announced $60 Billion Investment Is Going to "Theme Parks & Resorts"
In a new document filed for investors, Disney has revealed that only half of its previously announced $60 billion will be for theme parks
blogmickey.com