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

LSLS

Well-Known Member
I was there last week - it was pretty busy all of the times I walked by it. We walked through it twice, thought it was a lot of fun.

An E ticket it is not. It's a really nice B ticket that draws people in. Never overly crowded but still busy. The parks need more of those experiences.
Honestly I think a lot of the haters on this board have been screaming the same thing. Feels like a win/win. It can be done pretty cheap and fast, but will absolutely help with the crowds all over the park while giving people other things to do.
 

flyerjab

Well-Known Member
Yeah definitely. Considering how WDW never got around to adding any new rides or attractions in any of the WDW parks for over a decade, we can conclude that nothing else will get done. Good point you make!!
Agreed. Prior to Covid, we watched major additions happen at all 4 parks - NFL, Pandora plus park wide enhancements at DAK, DTD evolve into DS, TSL and SW:GE, new DVC, Gran Destino, Skyliner, Rat and the France Pavilion expansion with both Guardians, Moana and Tron having started before the world shut down for a bit. FoF parade, HEA fireworks, Frozen fireworks, Star Wars night time show, Disney Enchantment, Harmonious (a definite miss) and Luminous, as well as the Festival the Arts all started during this time as well.

People can argue regarding fonts, how dirty or not dirty Tiana’s car should be (honestly, I can’t even believe I typed that) and whatever other minutia is tied into theming. That is everyone’s right. But please, to say that we are doomed is silly. This company does spend money on parks. The last decade proved that. And the fact that they admitted that this part of the company makes money and that they want to inject more money into it this decade is a good thing. And with Bruce Vaughn leading Imagineering and Rohde helping a bit, I am confident that he will push back in a good way to allow for some thematic cohesion with some of these projects in the next ten years.
 

HauntedPirate

Park nostalgist
Premium Member
If anyone can point out the posts where people have stated, "Disney hasn't spent money on the parks", I'm all eyes.

If you want to discuss how the money has been spent in the parks, that's been done ad naseum and no one is changing anyone's mind. I'm of the opinion that the spending has been grossly mismanaged and misguided. As such, I have little-to-no faith that whatever amount people would like to believe is going to be spent over the next decade (knowing plans can and do change, not to mention economic climates and financial situations) is going to be spent wisely.
 

fgmnt

Well-Known Member
If anyone can point out the posts where people have stated, "Disney hasn't spent money on the parks", I'm all eyes.

If you want to discuss how the money has been spent in the parks, that's been done ad naseum and no one is changing anyone's mind. I'm of the opinion that the spending has been grossly mismanaged and misguided. As such, I have little-to-no faith that whatever amount people would like to believe is going to be spent over the next decade (knowing plans can and do change, not to mention economic climates and financial situations) is going to be spent wisely.
There is something to be said for the prices of Disney products increasing and apparently zero efficiencies being successfully wrung out in developing the products. Every $150 million movie or D2C project needs $50 million of reshoots to still be a dud. Every ride needs to cost $100 million even if it’s built inside of an existing building and a painted warehouse. Really stunning lack of improved inputs on the upper management end over the last decade. Luckily the board has gotten wise to this and turned over a lot of the upper management staff 😉
 

Disstevefan1

Well-Known Member
This will be interesting to watch. Disney can talk about investment in the parks but will just have to see what happens in reality. In my opinion, the investment talk was mostly for the proxy fight which Iger easily won anyway, never a doubt.

I am selfish so I want everything for my favorite, WDW.

As many have said, there are a lot of variables, a lot of external factors that may change the course Disney will go. We have seen Disney change/modify, even completely stop things they where well into or completed, like then Play pavilion and the Galactic Starcruiser.

Who knows what and who knows how long we will be waiting for whatever we get.

On the bright side, I am loving to watch the break neck speed Universal is working on EPIC. At least I will have a great park to go to and have fun while I am waiting for Disney to do whatever they are planning to do after the cut/change/eliminate things.
 

MisterPenguin

President of Animal Kingdom
Premium Member
I have little-to-no faith that whatever amount people would like to believe is going to be spent over the next decade (knowing plans can and do change, not to mention economic climates and financial situations) is going to be spent wisely.
You're conflating two things.

1. "whatever amount people would like to believe is going to be spent" shows a skepticism that money won't be spent either in part or in whole. Insiders have told us that in some cases they know of, in which it seems money was cut, the fact is that the money was spent in full, only that some of the things had cost overruns leaving not enough money to do all the things they had hoped to do. All the money was spent, but we got less than than we hoped for from it. Which leads to your second point...

2. "...is going to be spent wisely" goes to your point that there are indeed cost overruns. Was the scope of the build too big? Were the estimates the result of gross incompetence? Was the supervision of the construction grossly incompetent? I certainly don't know what the cause of the systemic cost overruns are. But I acknowledge they exist.

So, when people moan that they doubt the full $60B will be spent -- despite showing up in a plenitude of SEC filings and mentioned by many execs over and over doubling down on it really happening -- by implying that Disney will secretly not spend that much... that's just uncalled for. It's point-scoring against Disney for whatever reason they have for point-scoring. Billions have been spent over the past decade, and so that kind of skepticism rings hollow. Very, very, very hollow.

However, if they want to make the point that the $60B isn't going to buy us all the stuff they say (which, by the way, is very little so far... we have a bunch of insiders relaying a lot of wishes and hopes, but that's not official Disney); then that is indeed borne out by history of cost overruns. Which is a worthy critique to lob at Disney.
 
Last edited:

flyerjab

Well-Known Member
You're conflating two things.

1. "whatever amount people would like to believe is going to be spent" shows a skepticism that money won't be spent either in part or in whole. Insiders have told us that in some cases they know of, in which it seems money was cut, the fact is that the money was spent in full, only that some of the things had cost overruns leaving not enough money to do all the things they had hoped to do. All the money was spent, but we got less than than we hoped for from it. Which leads to your second point...

2. "...is going to be spent wisely" goes to your point that there are indeed cost overruns. Was the scope of the build too big? Were the estimates the result of gross incompetence? Was the supervision of the construction grossly incompetent? I certainly don't know what the cause of the systemic cost overruns are. But I acknowledge they exist.

So, when people moan that they doubt the full $60B will be spent -- despite showing up in a plenitude of SEC filings and mentioned by many execs over and over doubling down on it really happening -- by implying that Disney will secretly not spend that much... that's just uncalled for. It's point-scoring against Disney for whatever reason they have for point-scoring. Billions have been spent over the past decade, and so that kind of skepticism rings hollow. Very, very, very hollow.

However, if they want to make the point that the $60B isn't going to buy us all the stuff they say (which, by the way, is very little so far... we have a bunch of insiders relaying a lot of wishes and hopes, but that's not official Disney); then that is indeed borne out by history of cost overruns. Which is a worthy critique to lob at Disney.
Could not have answered this better. Spending money, and spending money wisely, are two…different…topics.
 

Indy_UK

Well-Known Member
Walt Disney Studios:
Gets its own Avatar land and a Lion King land. Other misc. project in the existing part of the park.

Disneyland Parc Paris:
A larger than Soarin’ sum, so perhaps Soarin’/Soaring 2.0, Indiana Jones Adventure, or even a new version of Rise of the Resistance. I’d fully expect either a new land or two new rides including an E-ticket in total. Space Mountain will be back at DLP!

Blimey, that is an insane amount of investment to Paris and I’m here for it. They have so much potential to grow there.

My only fear with all these lands is that they will look incredible but only have a single C-D ride in them but I guess that’s Current Disney.
 

eddie104

Well-Known Member
Not Tokyo. I was watching a video on the new fantasy springs, and they put 4 rides in. Sure I wouldn't call them eTickets, but frozen, tangled and pan all look pretty impressive for dark rides.
Yes that’s very true however the OLC payed for the project so it didn’t matter what “current” Disney wanted.

Also I think Tokyo has very little expansion opportunities left so they had to maximize space to its fullest.
 
Last edited:

tpoly88

Well-Known Member
You're conflating two things.

1. "whatever amount people would like to believe is going to be spent" shows a skepticism that money won't be spent either in part or in whole. Insiders have told us that in some cases they know of, in which it seems money was cut, the fact is that the money was spent in full, only that some of the things had cost overruns leaving not enough money to do all the things they had hoped to do. All the money was spent, but we got less than than we hoped for from it. Which leads to your second point...

2. "...is going to be spent wisely" goes to your point that there are indeed cost overruns. Was the scope of the build too big? Were the estimates the result of gross incompetence? Was the supervision of the construction grossly incompetent? I certainly don't know what the cause of the systemic cost overruns are. But I acknowledge they exist.

So, when people moan that they doubt the full $60B will be spent -- despite showing up in a plenitude of SEC filings and mentioned by many execs over and over doubling down on it really happening -- by implying that Disney will secretly not spend that much... that's just uncalled for. It's point-scoring against Disney for whatever reason they have for point-scoring. Billions have been spent over the past decade, and so that kind of skepticism rings hollow. Very, very, very hollow.

However, if they want to make the point that the $60B isn't going to buy us all the stuff they say (which, by the way, is very little so far... we have a bunch of insiders relaying a lot of wishes and hopes, but that's not official Disney); then that is indeed borne out by history of cost overruns. Which is a worthy critique to lob at Disney.
Agree with you. Spending money- The issue is infrastructure costs money and the $60billion will be spent but not all of it on rides and other attractions as we would probably like. There are behind the scenes costs for maintenance, plumbing, new wiring and such for existing buildings and structures. Plus everyone forgets that fuel prices are up 50% since 2020! Diesel which is used to transport most of the goods and materials used at one point was on avg $5.20 a gallon and in other spots higher. that all goes into costs for everything. We also at one point hit 9% inflation in 21'-22' and that cost is still trickling through the economy. Money will be spent, its just you're going to get a lot less for your dollar now.
On the money spent wisely... Glad for the new rides the last couple years but they do need to spend on rides and attractions that can soak up capacity like PotC can or soarin. A lot of the new rides dont have large capacity per hour, Slinky Dog is a great example. the new rides in Tokyo look cool, hope a couple of those come this way.
 

Sirwalterraleigh

Premium Member
Not Tokyo. I was watching a video on the new fantasy springs, and they put 4 rides in. Sure I wouldn't call them eTickets, but frozen, tangled and pan all look pretty impressive for dark rides.
It’s quite impressive…

The only things going in here in Los Estados unidos comparable are in Orlando…

Guess where?
 

Register on WDWMAGIC. This sidebar will go away, and you'll see fewer ads.

Back
Top Bottom