For those worried about a sale of the Disney Parks...

[Condorman]

Please, no more parks, fix what you have now.

Fix what? Nothing's broken. You are aware that these are amusement parks and not national transportation, education, security, healthcare and economic systems we're talking about?

Or are you one of those militant armchair imagineer fanboys who thinks Disney has some sort of obligation to spend $2 billion a year on new e-tickets? No, you're not one of those. Of course you're not. :hammer:

 

[njDizFan]

Yes all is perfect in the World...always and forever

 

[Lee]

Fix what? Nothing's broken.

:ROFLOL:
That's funny.

 

[invader]

Fix what? Nothing's broken. You are aware that these are amusement parks and not national transportation, education, security, healthcare and economic systems we're talking about?

Or are you one of those militant armchair imagineer fanboys who thinks Disney has some sort of obligation to spend $2 billion a year on new e-tickets? No, you're not one of those. Of course you're not. :hammer:

I seriously hope you're joking.

 

[nor'easter]

Fix what? Nothing's broken. course you're :hammer:

You mean the yeti is fixed?!

 

[NoChesterHester]

You mean the yeti is fixed?!

I give the sale of the parks a higher likelihood...

 

[mickey2008.1]

I believe in American investors for the USA parks, but I can't control that. I own stock. Whatever is best for the company, but I still believe we should, WDW USA should be the major controller. It's letting oversees investors take care of their parks and let our USA parks go downhill. We get a Disneyland improvement years later, and a small FLE expansion, WDW should be here in the USA foremost, the leaders of parks and entertainment, instead of us complaining/ comparing to oversees parks. It all started here, and should be all first class here. I am for no sale, just reinvest more for here!

 

[flavious27]

ESPN? Absolutely not.:animwink:

Parks made up 35% of the profits this past quarter, parks make the company money that it spends on the media division to overpay for sports contracts.

 

[devoy1701]

Parks made up 35% of the profits this past quarter, parks make the company money that it spends on the media division to overpay for sports contracts.

ESPN is the strongest brand in the WDC portfolio right now. And despite this quarters numbers, the past 3 years of financial data show P&R the least profitable division of the company (aside from the Internet and Social media segment...whatever the proper name of that dept is).

 

[flavious27]

ESPN is the strongest brand in the WDC portfolio right now. And despite this quarters numbers, the past 3 years of financial data show P&R the least profitable division of the company (aside from the Internet and Social media segment...whatever the proper name of that dept is).

Well that group would be DIMG, disney's internet money gamble.

I don't know how P&R is the least profitable, it has earned 5.765 billion in profit for the last 3.75 years; studios only earned 2.455 billion in profit.

 

[devoy1701]

Well that group would be DIMG, disney's internet money gamble.

I don't know how P&R is the least profitable, it has earned 5.765 billion in profit for the last 3.75 years; studios only earned 2.455 billion in profit.

The correct name for that one is Disney's Interactive Media Group...and although it's Income grew 21% YoY in 2010, it is still loosing >$200M/year.

And I misspoke above, P&R isn't least profitable, You are correct that Studios come in below P&R (I hadn't looked at the data in a couple weeks). What is true is that P&R's profit margins and revenues are the only division of the company who's profits are still in decline YoY since 2008. All of the other divisions (except Interactive Media) have been growing fairly well (mostly double digit) since then. The Studios income grew over 100% from 2009 to 2010 alone while P&R fell 9%.

Also, YoY from 2008-2010, the P&R margin has been 16.48%, 13.29%, and 12.25% respectfully. The decline appears to be slowing, but who knows with the chances of a double-dip recession getting more likely. Someone posted an article on here yesterday talking about how we might see the return of deep discounts at the theme parks in the near future.

Lastly, the Media Networks group is by far the strongest division of Disney (this includes ESPN) making up making up 45% of the company's revenue, 67.65% of the company's Income (P&R is only 17%), and operating at a 29% Margin.

 

[menamechris]

The correct name for that one is Disney's Interactive Media Group...and although it's Income grew 21% YoY in 2010, it is still loosing >$200M/year.

And I misspoke above, P&R isn't least profitable, You are correct that Studios come in below P&R (I hadn't looked at the data in a couple weeks). What is true is that P&R's profit margins and revenues are the only division of the company who's profits are still in decline YoY since 2008. All of the other divisions (except Interactive Media) have been growing fairly well (mostly double digit) since then. The Studios income grew over 100% from 2009 to 2010 alone while P&R fell 9%.

Also, YoY from 2008-2010, the P&R margin has been 16.48%, 13.29%, and 12.25% respectfully. The decline appears to be slowing, but who knows with the chances of a double-dip recession getting more likely. Someone posted an article on here yesterday talking about how we might see the return of deep discounts at the theme parks in the near future.

Lastly, the Media Networks group is by far the strongest division of Disney (this includes ESPN) making up making up 45% of the company's revenue, 67.65% of the company's Income (P&R is only 17%), and operating at a 29% Margin.

Its all very interesting, but we can't ignore that there is a reasonable explanation for the dips in profit for P&R - the economy has been the worst it has been in decades. The Disney Company is a business - and just as serious and professional investors don't pull all their money out of the market when it hits a snag - I am sure these seasoned businessmen aren't overly eager to cut ties with a division that - while may not have the profit margin it did 10 years ago - is still making a significant profit for the company. Again, I am sure the parks have always been for sale for an offer of outlandish proportions - which is what any acceptable offer would have to be.

 

[flavious27]

The correct name for that one is Disney's Interactive Media Group...and although it's Income grew 21% YoY in 2010, it is still loosing >$200M/year.

And I misspoke above, P&R isn't least profitable, You are correct that Studios come in below P&R (I hadn't looked at the data in a couple weeks). What is true is that P&R's profit margins and revenues are the only division of the company who's profits are still in decline YoY since 2008. All of the other divisions (except Interactive Media) have been growing fairly well (mostly double digit) since then. The Studios income grew over 100% from 2009 to 2010 alone while P&R fell 9%.

Also, YoY from 2008-2010, the P&R margin has been 16.48%, 13.29%, and 12.25% respectfully. The decline appears to be slowing, but who knows with the chances of a double-dip recession getting more likely. Someone posted an article on here yesterday talking about how we might see the return of deep discounts at the theme parks in the near future.

Lastly, the Media Networks group is by far the strongest division of Disney (this includes ESPN) making up making up 45% of the company's revenue, 67.65% of the company's Income (P&R is only 17%), and operating at a 29% Margin.

The profit margin for P&R is at 13.06% after three quarters, p&r revenue and profit is going to rise this year.

Its all very interesting, but we can't ignore that there is a reasonable explanation for the dips in profit for P&R - the economy has been the worst it has been in decades. The Disney Company is a business - and just as serious and professional investors don't pull all their money out of the market when it hits a snag - I am sure these seasoned businessmen aren't overly eager to cut ties with a division that - while may not have the profit margin it did 10 years ago - is still making a significant profit for the company. Again, I am sure the parks have always been for sale for an offer of outlandish proportions - which is what any acceptable offer would have to be.

Exactly, p&r has a reason that its profit margin has dropped 3% since 2008. Studios has no reason to have dropped its profit margin 4.5% since 2008.

 

[COProgressFan]

Its all very interesting, but we can't ignore that there is a reasonable explanation for the dips in profit for P&R - the economy has been the worst it has been in decades.

The economy clearly has had a huge impact on revenues at the parks. There is no question about that.

But is it just the economy? Or does Disney's management of the parks in terms of capital investments, operations, and pricing have anything to do with it as well? Is a significant rise in pricing coupled with reductions in offerings/quality having an effect on the parks division?

 

[flavious27]

The economy clearly has had a huge impact on revenues at the parks. There is no question about that.

But is it just the economy? Or does Disney's management of the parks in terms of capital investments, operations, and pricing have anything to do with it as well? Is a significant rise in pricing coupled with reductions in offerings/quality having an effect on the parks division?

Well it kind of does in terms of attendance, having wwhp down the street puts tdo to shame. The continuous promotion of Meg is the direction disney should not have for those overseeing any park property.

 

[Skippy's Pal]

The economy clearly has had a huge impact on revenues at the parks. There is no question about that.

But is it just the economy? Or does Disney's management of the parks in terms of capital investments, operations, and pricing have anything to do with it as well? Is a significant rise in pricing coupled with reductions in offerings/quality having an effect on the parks division?

Yeah, the "nice" thing about the economic bumps is that they allow Disney to hide / avoid / rationalize away the cumulative effects of poor maintenance, homogenized merch, dumbed-down menus, disappearance of specialty stores, poor quality merch, and stale attractions.

 

[BigThunderMatt]

The continuous promotion of Meg is the direction disney should have for those overseeing ay park property.

Um...what?

 

[Condorman]

Yeah, the "nice" thing about the economic bumps is that they allow Disney to hide / avoid / rationalize away the cumulative effects of poor maintenance, homogenized merch, dumbed-down menus, disappearance of specialty stores, poor quality merch, and stale attractions.

And yet, according to your signature, you have plans to go back in September. What a tool... :ROFLOL:

 

[wm49rs]

And yet, according to your signature, you have plans to go back in September. What a tool... :ROFLOL:

Or, the number of trips he's taken (and will be taking) gives him the right to criticize as much as anyone else....:shrug:

 

[Kamikaze]

Or, the number of trips he's taken (and will be taking) gives him the right to criticize as much as anyone else....:shrug:

Thats not how it works. If all those things he listed are so bad, he wouldn't be giving them his money. Yet, he is, so therefore - those things are not as bad as he portrays them to be.