Yes, Disney is a business, and in other news..., water is wet. I know what to expect at McDonalds (GMO laced menu) but WDW once was a place that would build something new and you had no idea what to expect. At one time, they knew how to run it like a business while still maintaining the product and keeping creativity and innovation at the top of the list. Now they just flop out "good enough" and the crowd goes wild. They can plop out a pile of hot steaming pooh and there are people that will call it an E ticket if Disney throws a few buzz words on top to cover up the flies circling around the stank.Is this when I have to point out it is a business, and spreading expenses, and stock buyback are part of operating a business. When you walk into a McDonalds, do you get upset because they don't serve ethnic food? No, because when you walked into McDonalds you should have known what to expect. If you look at TDO as what it is, you find yourself a lot less disappointed. The funny thing is our outrage at certain things must be funny to them, since they view their business as what it is... not what we wished it would be.
My post was originally longer and actually included that spreading out budgets over fiscal quarters and years is perfectly normal. I just shortened it to highlight the fact that regardless of spreading it out, they still had more than enough money to build out parks such as Epcot or HS over the years but jacking up the price of stock was more important than paying close attention to the very products that produce the profits which allow them to have the billions to buy back said stock in the first place. Now theyre forced to dismantle over half of HS in an effort to make it better and at the same time they have Epcot suffering because they neglected it as well.
And the only thing I will say about Uni is that any Disney fan should be thanking them (or Comcast). NFL would not have been built if Uni hadnt announced Potter. Same for Avatar, same for Star Wars Land, and same for Andys Backyard. ALL of it is ONLY because Uni raised the bar and for the most part, beat Disney at their own game (creating something amazing). If you think for one second that TWDC decided to do any of these expansions to enhance the parks or for the benefit of the guest experience, you are lying to yourself. The parks would be exactly the same as they were 7 or 8 years ago if Uni hadnt opened a can of whoop azz them. That is in no way saying that Uni is a better theme park than WDW. However, its being ran better. They are producing "immersive" experiences and in a timely fashion. By timely fashion, Im talking less than 6 years.