Iger on CNBC this afternoon ...

[PhotoDave219]

In 2011 P&R accounted for 28.84% of all revenue generated for the WDC http://a.media.global.go.com/investorrelations/annual_reports/WDC-10kwrap-2011.pdf pg 29

I expect Mr. Iger to dedicate at least 28.84% of his time talking about this division. Compared to the Studio which accounts for 15.53%

Guess what? Parks and resorts got two sentences. And a brief mention when they discussed job creation and the new visa program for international tourism.

 

[OFTeric]

Guess what? Parks and resorts got two sentences. And a brief mention when they discussed job creation and the new visa program for international tourism.

I know that was my response to his lack of P&R discussion. I get really fed up with how the WDC has begun treating P&R like the outcast part of the Company. If you dislike it so much, then spin it off into it's own company.

 

[muteki]

I know that was my response to his lack of P&R discussion. I get really fed up with how the WDC has begun treating P&R like the outcast part of the Company. If you dislike it so much, then spin it off into it's own company.

It has been speculated that they tried that recently...

 

[PhotoDave219]

I know that was my response to his lack of P&R discussion. I get really fed up with how the WDC has begun treating P&R like the outcast part of the Company. If you dislike it so much, then spin it off into it's own company.

They only like it's revenue stream. Of course, businessmen have no idea on what good entertainment is. Let alone how to attract guests for Tourism.

 

[flynnibus]

I expect Mr. Iger to dedicate at least 28.84% of his time talking about this division. Compared to the Studio which accounts for 15.53%

He's going to talk about the areas of growth and new potential for growth. Parks isn't a 20% growth area. It's old faithful supporting the core.

 

[OFTeric]

He's going to talk about the areas of growth and new potential for growth. Parks isn't a 20% growth area. It's old faithful supporting the core.

Even with that, I want to know how that core is being maintained so that it doesn't go into free fall.

 

[John]

IMO all the visa talk was in other words......we are trying desperately to loosen up visa's so we can add more cheap labor.

 

[OFTeric]

IMO all the visa talk was in other words......we are trying desperately to loosen up visa's so we can add more cheap labor.

International visitor growth is how Central Florida is countering the slowdown in Domestic Travel. All the major growth in Orlando is going to be because of the incredible business that Visit Florida, Disney, Universal, and others are driving from the feeder markets he mentioned.

 

[John]

International visitor growth is how Central Florida is countering the slowdown in Domestic Travel. All the major growth in Orlando is going to be because of the incredible business that Visit Florida, Disney, Universal, and others are driving from the feeder markets he mentioned.

I agree....If it wasnt for the Brazilians attendence would have been just awful. I was being a bit "tongue in cheek" But I think there is some truth to my statement. Just a nice added perk in addition.

 

[Darth Sidious]

In 2011 P&R accounted for 28.84% of all revenue generated for the WDC http://a.media.global.go.com/investorrelations/annual_reports/WDC-10kwrap-2011.pdf pg 29

I expect Mr. Iger to dedicate at least 28.84% of his time talking about this division. Compared to the Studio which accounts for 15.53%

Well Wall St doesn't care about revenues, they care about what you make of them. Profit margins for P&R are pretty bad... You would rather talk on the other segments when speaking with a Wall St/Investor audience.

Part of why Wall St loves MM+ is because it is designed to help stop the hemorrhaging of money.

 

[John]

Part of why Wall St loves MM+ is because it is designed to help stop the hemorrhaging of money.

And if it dosnt?

 

[Darth Sidious]

And if it dosnt?

You better short the stock if it doesn't... No but realistically it likely will fiscally help in some ways. I don't see it working in its current form but I can see them changing things. That being said I'm not an advocate of the system. I would also think that there will be a new approach to P&R over the next few years.

In short, there probably won't be too much happening if it doesn't. They may miss estimates a few times and take a dip but not a huge dip.

 

[dreamscometrue]

In 2011 P&R accounted for 28.84% of all revenue generated for the WDC http://a.media.global.go.com/investorrelations/annual_reports/WDC-10kwrap-2011.pdf pg 29

I expect Mr. Iger to dedicate at least 28.84% of his time talking about this division. Compared to the Studio which accounts for 15.53%

Keep reading. About $10.3 Billion of that $11.8 Billion revenue from Parks and Resorts is spent on the operation of P&R. In terms of net revenue, P&R accounts for about 17.5%.

 

[luv]

My favorite part was at the end, where he nearly admitted that they were trying to replace Mickey with Stitch. I'm glad to hear (and have noticed a BIT) that they're finally freaking realizing that PEOPLE LIKE MICKEY.

It was annoying me to no end, that whole "down-play Mickey" thing.

They need to go back to Mickey wake-up calls now. And Mickey everywhere - cups, napkins, plates, etc.

I don't know wth they were thinking, trying to replace Mickey. But I frequently don't understand their thinking.

Other than that, it was similar to the vast majority of interviews done on financial programming shows. Not even a particularly interesting one.

That guy is wound pretty tight, isn't he? Just watching/listening to him makes me wonder what his blood pressure is. He should quit working and relax. He has enough money. Life is short. He should go enjoy it.

 

[Bolna]

Increasing Mickey's vitality with what I can only assume is animated Viagra (19 new Mickey short features are being made).

Oh, I would guess those shorts also can't hurt to keep the copyright fresh as those copyrights have a time limit in them...

 

[luv]

He said he can't comment specifically.

I expected that. And I get it. Lawyers always tell you not to talk about it to anyone.

But the next words out of his mouth were, "I haven't been briefed." LOL. It's a little pompous, but its also such a tremendous lie, lol.

Really? Don't know anything about it, Sport?

She let that go. It was obviously a friendly interview, so whatever.

That was funny, though.

 

[Darth Sidious]

Maria is about the worse interviewer on CNBC but she just won't go away. Journalism major who picked up the business stuff as she went a long, if I remember what she said right. CNBC is mostly fluff not so many hard questions.

BTW the BRIC countries are probbaly a good new source of wealthy people for the parks. I understand why he wants the visa's easy to get. In general those countries are crap and WDW would make a big impression on them unlike jaded Aper's. It would also be a status symbol for those who do come to WDW from the BRIC.

BRIC countries will get America out of its rut. We just need to innovate and create products to sell to them.

 

[freediverdude]

Well if they made animated shorts where Mickey acted like he did in his early days, people would fall in love with Mickey again. He's turned into a very boring corporate icon.

 

[Bolna]

BTW the BRIC countries are probbaly a good new source of wealthy people for the parks. I understand why he wants the visa's easy to get. In general those countries are crap and WDW would make a big impression on them unlike jaded Aper's. It would also be a status symbol for those who do come to WDW from the BRIC.

Well, I can see the I and C component of BRIC rather travelling to Tokyo Disneyland, Hong Kong Disneyland, Shanghai Disneyland or even Disneyland Paris as all of them would be closer to them than the American parks...

Also, I am pretty sure that the wealthy people in the BRIC countries have their very nice niche that they live in which is not crap. And I would even guess that some rich Brazilians could be rather appalled by what Disney considers a "deluxe" hotel.

 

[Captain Neo]

You guys are all wrong. He's coming on to announce MAJOR expansion for Walt Disney World including but not limited to announcements for Beastly Kingdom (replacing avatar land), a massive expansion of world showcase, and new rides for the magic kingdom and combined with their high quality and standards will cement their status as the industry leader and there dominance over Universal.

At least thats what jt told me