I agree that villains is the least likely to happen but why does what was cancelled in the past matter now at this juncture what concrete reason can you offer why it won’t happen all the other cancelled projects had reasons why they didn’t happen what’s it for this one?
Not lying I wore out the VHS of Monsters as a kid just watching and rewatching the door chase sequence. The fact they didn't jump on this chance when the movie came out still confuses me
Because material and labor costs are going to skyrocket and an entirely new management team desperate to impress Wall Street is about to take over Disney.
Main Street Theatre was announced and canceled years before anything for the EPCOT overhaul was greenlit. You might be confused with it being part of the same presentation that announced Guardians for EPCOT, which was a wholly separate project from the wider park overhaul that was started a few years later.
Covid was a factor sure, but I never believed we would see that festival building even before covid. If something looks too good to be true I think it's a good rule of thumb at this point to believe it is. Maybe this cycle of announcements will prove that wrong, but there's a lot of precedent to back up the skeptics.
The EPCOT projects really weren't that long ago, and they weren't what established the precedent of Disney canceling projects. It becomes kind of a boy who cried wolf type of situation, if the company keeps telling you they're gonna do something and then they don't do it, it's natural to expect them to not do the next thing they tell you they're gonna do. Maybe this announcement cycle will break that precedent, but as of now there's little reason to have faith in the projects they've already shared little about.
blogmickey.com
If this happens, then maybe. But I'm not entirely sure where you are getting these economic predictions. Some of my peers in construction believe it will either decrease or the rate of increase will slow. We shall see.
Why do you think the new management team Will be so desperate to impress?
There’s also no real reason to release all of the details of a show that won’t open for 18+ months to 3 years.
Of course they will be eager to impress Wall Street. A large portion of compensation for executive management at almost any Fortune 500 company is directly tied to the stock price not to mention their personal job security.
So sorry I don’t know anything about business except for more money good less money bad
A good rule of thumb, but there’s also the saying it takes money to make money. DIS stock is up more than 35% since the announcement about increased spending on the parks, $60B over a decade. Many other factors influence that price too, but at the time the street took the news pretty well with overwhelming positive reaction. I don’t think new management will need to start canceling this whole plan to impress anyone. What can (and maybe likely will) happen is if costs really do rise faster than expected they will cut back on elements of some projects vs canceling them outright. So maybe a Villians land happens but is scaled back. AK and probably Monsters are more safe since they are starting already. The MK projects, especially Villians, are a larger risk.
We know how tariffs and labor shortages impact the economy. We know how they have ALWAYS impacted the economy. Your peers can believe tariffs will bring down costs. They can also believe that porcupines are psychic.
How do you know they aren’t
I can’t say anything more on this without getting into politics
Lol. This is what I meant by too harsh in my other comment. No need for an ad hominem. You can make your point without it.
Thanks for the business lesson
It was not well received at all.
sometimes I think Disney being a publicly traded company is a bad thing no offense but I hope you all are wrong
Wall Street hates theme parks for several reasons, not least because they require huge, regular capital expenditures without clear ROI. One of the quickest ways for new management to ingratiate themselves with the Street will be to slash such expenditures along with making more cuts to spending.