no more Disney World?

imagineer99

imagineer99

New Member
Originally posted by DisneyJoey
Exactly what the guy above me said.
They aren't looking to just come in and rain hell down. They will probably change some upper management and reallocate funds, but that's it. The parks will remain the same and so will like 99% of the staff of 55,000. It's not the invading German army, we're talking about here. No, I do not LIKE the idea, but then again I don't want to rule it out - it could be beneficial to Disney simply because of a better source of funding.
Click to expand...

Any ideas that anyone has at this point regarding Comcast's takeover management is purely speculation. Therefore, the assumptions that Comcast will be beneficial to Disney could be totally true or totally false.

Frankly, I believe the larger a corporation becomes, the harder it is to retain quality. This takeover scares me more than anything...

Of course, Comcast want's Disney's network assets. Maybe, this is ALL they want. Since the parks, already make money, Comcast would have little incentive to improve them and maintain quality. The parks aren't going anywhere, however in the wake of a Comacast takeover, they might not progress either.

Even though Comcast says they would plan on running the theme parks the same, how do we know this is true? How can we believe that Comcast truly cares about Disney Theme Parks? It seems to me that all they want is Disney's countless media outlets. Disney represents a NAME to Comcast, not a place of heart and mafic.

I don't support Eisner. However, I am hoping that he manages to avoid this takeover.

STOP COMCAST!
 
AkiraRaptor

AkiraRaptor

Meega, nala kwishta!
I've read in the press in several places that ComCast wishes to bring back Disney to it's formor glory.

One of the cable execs used to be a Disney exec.

I've read that they want to pring back Disney animation, and make it the central core to all of Disney...you know...the way we all remember Disney to be.

If they really mean what they say, who knows, but anything has to be better than the direction they are heading now...kill off animation, kill off Pixar, kill off employes who have the last name Disney....

What's next if they keep going down this direction...McDonalds resturants in the park...oops bad example... :D
 
C

cloudboy

Well-Known Member
We don't know for certain about Comcast, but they seem to have a bit better record of retaining and improving their holdings than some of the other companies do. Which is why I think it may be better to go with Comcast than hold them off just to find you now have a company after you that only wants to break things up.

They have stated (whether you believe it or not) that they think the parks could be improved. And it makes sense - the parks in particular, and animation to some extent, were really very proffitable IF they are run right. And Comcast seems to understand this - if you want it to make money, long term, you have to do things right and not cut corners and such that is happening now.

Now, the other big question would be whether the FCC would even allow Comcast to merge with Disney.
 
WDW1971

WDW1971

Member
Brand Equity

The Disney name is extremely rich in "brand equity". If Comcast bought Disney and then made a wholesale name change, they'd certainly be committing business-cide. :lol:
 
M

MrDisney16

Member
Have a couple of things I want everyone to consider...
First, how is the general public going to feel about Disney not being its own identity????:confused: Disney theme parks may hurt if people feel that the parks may and I do say may not be what they were.
Secondly, yes ComCast is saying that they will put more money into the parks. BUT talk is cheap. It's going to cost them a fortune to buy Disney and put them into debt from what I've heard (note: I have not seen numbers on how much ComCast is actually worth liquidity wise). Just take this into mind if any shareholders here have to vote on this takeover.
 
M

MrDisney16

Member
I just found this on savedisney.com. This deal is already not looking good for the theme parks.



Comcast bid could put Euro Disney debt plan in a spin: brokers
12 February 2004

The 66-billion-dollar bid for Walt Disney by US cable operator Comcast could wreck efforts by theme park operator Euro Disney to further reschedule its debts, brokers Fideuram Wargny said Thursday.

Shares in financially strained Euro Disney shot up 21.28 percent to 0.57 euros on Wednesday after Comcast said it wanted to buy the parent company, prompting one broker to say that the offer "shows that media and leisure issues are undervalued."

But Fideuram Wargny's analyst Virgine Blin said "the offer is not good news for Euro Disney" and "could not have come at a worse time in an already difficult negotiating period."

Euro Disney, the operating company of Disneyland Resort Paris, announced in November that it had been forced to restructure its finances with creditors, delaying some debt payments until March 31, 2004.

This was largely because visitor numbers had fallen far short of forecasts at the theme park about 20 kilometres (12 miles) east of Paris.

Sales in the fourth quarter of last year improved slightly thanks to the Halloween and Christmas holidays, reaching 264.1 million euros (335.3 million dollars), compared with 262.2 million euros a year earlier.

Euro Disney had hoped the improvement would improve its chances of extending its credit beyond March 31, but Blin, in a note to clients, warned that the Comcast offer could throw its calculations awry.

"If a solution is not found by that date, the rescheduling will come to an end and the company has said it would no longer be in a position to honour its repayments," she wrote.

Shares in Euro Disney slipped back 1.75 percent to 0.56 euros in midday trading on Thursday.

http://www.eubusiness.com/afp/040212121259.hm1z7d7m
 
J

JepMasta

New Member
Original Poster
What I need to hear form someone

Hey y'all, Brian again

I am curious about one thing, is anyone here a disney CM? and if so, do you guys think that the comcast deal will result in the death of the parks?

just wanting some desperately needed reassurance.

thanks

Brian A. Henegar
 
DisneySaint

DisneySaint

Well-Known Member
A Disney CM wouldn't be able to tell you any different.

The thought of the parks shutting down is ignorant - it's just not going to happen. Look at the two pages of information provided for you here by informed individuals. These parks are a world icon - can you even think of a REASON for Comcast or ANYONE shutting them down? They also employ 55,000 in Orlando and hundreds of thousands worldwide. Shutting down the Disney parks would create a temporary(?) economic meltdown that would trickle to the entire world. Whether it's more centrally located in Orlando or a global thing is beyond me, though.

The parks are not going anywhere.
 
Pumbas Nakasak

Pumbas Nakasak

Heading for the great escape.
Originally posted by MrDisney16
I just found this on savedisney.com. This deal is already not looking good for the theme parks.



Comcast bid could put Euro Disney debt plan in a spin: brokers
12 February 2004

The 66-billion-dollar bid for Walt Disney by US cable operator Comcast could wreck efforts by theme park operator Euro Disney to further reschedule its debts, brokers Fideuram Wargny said Thursday.

Click to expand...

This is not quite the same issue. You are talking about the failure of a park that was built in a country hostile to America and anything not French. In a location subject to poor weather. Where locals considered it the demon empire. Now add to that there are better deals for us Brits to get to Florida for two weeks than spend 5 overpriced days at DLP.

The park looks lovely and has some excellent rides/attractions, but its in France, staffed by French (predominantly) with French attitudes and Euro prices. hardly a shining example of good business decisions.

I feel some in France would see it as a moral victory if the park was to fail. ( no I dont dislike the French, but I do find Parisians arrogant. Make Noo Yoikers seem positively subdued.:animwink:
 
AndyP

AndyP

Active Member
I have to say I am very concerned about a possible Disney takeover. When Disney was first set up I don't think it was money that Walt aimed for, ofcourse he wanted to make money, but it was his initial goal, had it been then this would be a different situation all together.

Comcast do not want to take over Disney because they follow Walt's initial ideals, they just want it 'all.' A DIsney take over would make them a media giant, they would have much more business power and they will make themselves richer.

The implications upon Disney could be tremendous, i don't think Disney would 'feel quite the same if it was owned by another company. Also, what is to say that the take over would run smoothly? After all when AOL and Time Warner merged they lost billions. If similar things happened to Comcast it could result in them selling assets to stop themselves falling. They could sell off Disney to another company that doesn't have the money to invest into improving the company.

Then again, saying this, with Eisner running the show at the moment people might think that this was a good idea, afterall, i remember reading in a newspaper article about the takeover that Eisner made $1,094 a minute last year. However, remember it is Eisner is the one who has refused to talk with Comcast at the moment. It seems that the SAVE DISNEY campaign has just shown the world and the large companies that Disney is a business that can be targetted due to its internal problems, maybe 'Save Disney' may end up not saving disney at all :confused:

Time will tell, i just hope Disney stays independent!
 
WDW1971

WDW1971

Member
I read an article online last night about how other companies are starting to prepare bids for Disney...one in particular is Pixar. Wouldn't that be a kicker? Of course, it would bode well for the parks, I believe. I mean, they could have tie-ins to the movies as they do now.

I just hope they wouldn't call it Pixarland and Pixar World...:eek:
 
Tim G

Tim G

Well-Known Member
Re: ?

Originally posted by civileng68
First off, Comcast would not put 50M into something to destroy it. Also, you'd see no more Comcast logos running around than you do ABC logos right now. Remember Disney is also affiliated now with ABC through Eisner, so no, I dont think you'd really even notice much difference other than I think there would be more of a committment to putting money into the park.
Click to expand...
I've been inside ComCast Head quarters.... What a mess... underneath a picture of their Cable Cable Company..
 

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