A new article from the Motley Fool details Disney in the digital age. But it also contains hints at a "Cars" attraction in the parks, and a quote from Tom Staggs putting a damper on any hopes for a fifth gate in the foreseeable future.:
-"This doesn't mean that DVD is dead. Even though Cars didn't play as well as The Incredibles on the big screen, it should ultimately sell about as many units on home video. Staggs also feels that Cars will have an extended life as a brand in consumer products and ultimately theme-park attractions."
-Ever since Disney sealed the deal on its acquisition of Pixar, Disney has pulled up a stool, grabbed an udder, and started milking. Capital expenditures are expected to climb in fiscal 2007, with a good chunk of that going to build out Pixar-themed attractions in Disney's stateside parks.
"If occupancy rates remain buoyant, Disney may expand its hotel properties, but the emphasis will remain on making its existing parks stickier destinations. And even though Disney has added a new park in Florida every 8-10 years, don't start camping out for a fifth gated attraction to open.
"I don't see another major theme park investment in the foreseeable future," Staggs said.
It may be a different story overseas. The company is already in talks with Shanghai, but there is no timetable on a second park in China, or anywhere else for that matter."
The article can be found at: http://www.fool.com/news/commentary/2006/commentary06120804.htm
-"This doesn't mean that DVD is dead. Even though Cars didn't play as well as The Incredibles on the big screen, it should ultimately sell about as many units on home video. Staggs also feels that Cars will have an extended life as a brand in consumer products and ultimately theme-park attractions."
-Ever since Disney sealed the deal on its acquisition of Pixar, Disney has pulled up a stool, grabbed an udder, and started milking. Capital expenditures are expected to climb in fiscal 2007, with a good chunk of that going to build out Pixar-themed attractions in Disney's stateside parks.
"If occupancy rates remain buoyant, Disney may expand its hotel properties, but the emphasis will remain on making its existing parks stickier destinations. And even though Disney has added a new park in Florida every 8-10 years, don't start camping out for a fifth gated attraction to open.
"I don't see another major theme park investment in the foreseeable future," Staggs said.
It may be a different story overseas. The company is already in talks with Shanghai, but there is no timetable on a second park in China, or anywhere else for that matter."
The article can be found at: http://www.fool.com/news/commentary/2006/commentary06120804.htm