Doesn't even make common sense
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Is attendance really down at WDW this or…
- Thread starter coachb
- Start date
DisneyCane
Well-Known Member
The best thing for the parks would be to spin parks and resorts off as a standalone company and have agreements in perpetuity to have rights to IP. Disney would maintain some percentage of the stock so that profit can flow to Disney but not enough to have control. This new company would then be able to make investments and decisions that benefit parks and resorts without having to care how many subscribers ESPN is losing every month or how many people subscribe to Disney+.
AshaNeOmah
Well-Known Member
Could the Disney company stay afloat without park revenue? I'm honestly not sure right now....
SteveAZee
Premium Member
I was there about 10 days after 9/11... had a good time, all things considered. Perhaps they hadn't cut services at that point yet?
DisneyFanatic12
Well-Known Member
They dropped services after the dramatic drop in tourism. It would have began weeks after at the earliest.
C
We were there shortly after 9/11 at MGM Studios , Fantasmic performed a few nights a week , Prime Time was open one day, while Hollywood and Vine was closed, vice versa the next day , then repeat as examples .
DopeyRunner
Active Member
I’d challenge that and say the best thing for the Disney company would be to shed their tv assets, and focus only on core content creation (movies, Disney tv shows) and the vacation offerings (parks, cruise). This would free up capital by selling off abc and espn, while also permitting a drop in mid term risk as more and more homes detach from cable. I’d take some of the capital and do a one time stock buy-back to stabilize the price and offset the hit that would accompany my higher capex spend to help shore up park offerings.
Grimley1968
Well-Known Member
Me too. Although crowds were certainly affected, and some of the guests from the NYC area were visibly traumatized, I didn't notice any reductions in service at that time.
FigmentFan82
Well-Known Member
I'm curious as to loosley where the threshold is for # of park reservations to reducing staff in order to "save money"
When do they say "only x % of reservations were made today, instead of 8 bays open at Pecos Bill we're only doing 6" - etc
When do they say "only x % of reservations were made today, instead of 8 bays open at Pecos Bill we're only doing 6" - etc
Andrew25
Well-Known Member
It made sense in 2020-22 when staffing was at low levels and they needed to figure out where to place the staff they had correctly... but in 2023 it's an unnecessary burden on guests as the parks are staffed pretty well now (hotels remain a problem). I can see how in 2021 they could have had a limited # of quick service trained cast members and moved some CMs from DAK to DHS if DHS had a large attendance forecast.
This past Saturday I was able to see HEA from the middle of Main Street while showing up 2 mins prior to showtime... so yeah attendance is down... or does Enchantment need to come back?!
GhostHost1000
Premium Member
DisneyCane
Well-Known Member
For The Disney Company that would likely be the best. For the parks and quality of them I think spinning off parks and resorts is best.
DopeyRunner
Active Member
I think spinning the parks off would not work in the long run, only because of the IP ties. By keeping core content and the parks, they could restore imagineering to its old and successful way of working without needed to deal with deals/agreements/contracts, etc.
Parks would finally get the attention they deserve as the backbone of the company, and the film/tv studio(s) could go through a second renaissance without excess financial burden from other parts of the org
Jus
Just like Iger was mesmerized by thought of the golden goose of streaming, he know seems just as mesmerized by the thought of reaping in a new golden goose--sports gambling. That is why there is no desire on his part to sell off ESPN.
JD80
Well-Known Member
Disney basically had two options years ago. Be content creators and sell content to multiple platforms (where they have no control over how it's placed) or be content creators and design their own platform to deliver that content.
Cable is going to die at some point. Movie theatres (or movie budgets) are going to have to drastically change the way they do business.
People still want to consume content, it's just a matter of how (cable box, internet platform) and where (home vs. theatre). Big business has to figure it out and I assume within the next 5 years we'll see a consolidation or failure of streaming platforms.
Cable is going to die at some point. Movie theatres (or movie budgets) are going to have to drastically change the way they do business.
People still want to consume content, it's just a matter of how (cable box, internet platform) and where (home vs. theatre). Big business has to figure it out and I assume within the next 5 years we'll see a consolidation or failure of streaming platforms.
Well here is a pipe dream that I would like to see happen.
Tv both cable and over the air are dead. Streaming is the future both pay and free ad supported. Live sports will continue but only live on pay streaming and delayed on free ad supported services. Movie theaters will continue but will be subscription based like AMC's A List. However there will be a major decrease in the number of new movies and an increase in showings of older movies.
The future will lead to an average consumer paying $25.00 a month for streaming and also watch free services like Pluto and YouTube. Then may also subscribe to A list for $29.00 a month per person or $58.00 per couple. Then paying $25.00 for internet, which is what cell phone home ISP service costs. That totals $108.00 a month for a couple. Even adding in 1 child at $25.00 a month the cost would be $103 a month for a family of 3. Face it, the entertainment industry is due to a big decrease in revenue and so they need to decrease their expences, all of them. The world has changed and we need to adjust to that fact.
Tha Realest
Well-Known Member
We used to watch cartoons which were transparent advertisements for toys. My kids skip the pretense and watch unboxing videos.
I used to live vicariously through the riches and largesse of Ricky Schroeder on Silver Spoons. My kids watch randos get $10,000 from Mr. Beast. Such is life.
TalkingHead
Well-Known Member
This won’t happen because the people making the decisions don’t love the product, entertainment, show business. They’re corporate types just looking for the best way to maximize their stock options before the lights are turned off for good.