lazyboy97o
Well-Known Member
EPCOT Center is the scapegoat for the woes of the Studio. The plan to buy the company you reference was about getting a cheap film library. The Studio would have been shut down while the old films still made money in rerelease and television broadcasts. The parks would have been sold because they were still profitable, so profitable that they always made up for the losses at the Studio.Yeah but what does any of that have to do with Walt's family? Truth be told, if they had kept running Disney, Disney likely would have been acquired and the parks sold off.
“Walt Disney Productions is in trouble and needs new management because they just successfully opened the world’s largest private construction project” is a narrative that makes no sense. Instead, EPCOT Center is dismissed as a boring failure and the film studio is conflated with the whole company. This creates the false impression that the financial trouble of the “Studio” was pushed by the huge resources poured into EPCOT Center. WED Enterprises was firing on all cylinders but gets lumped into the malaise at the Studio because the coup was for the whole company and not just the struggling movie business.