Pirates and Nemo - holy cow!

[Glasgow]

I just read that Pirates and Nemo had grossed over $500 million together .. that is a serious amount of scratch!

I wonder where all that money is going to go. I assume lots of it will be headed towards all of the new attractions. I hear 2005 willl be a great year.

Anyway, where do you think the money will be best spent? Attractions? Park rennovations? Hire back more employees? I'm curious

 

[wizard12]

They will get more also. Most will probably go to renovations and some probably into making Alien Encounter into Stitch. Maybe more employees also, but probably just renovations.

 

[Lhriangel]

Okay I really don't want to start an arguement, I'm just confused... if every division of Disney is a different entity (i.e. Animation, Studios, ABC, Disneyland, Disney World) how can everyone be so sure that the outcomes of these movies will go to Disney World?

 

[mkt]

The Walt Disney Company is run like many different companies. The money that 1 department makes, it keeps. So the Studios have some extra scratch... but not the parks

 

[josenk]

This is how it works in large corporations...

Profits goto corporate, then each department will get a budget.

If a department exceeds it's quotas/stats/performance or corporate believes a certain department can make more money, then they will get a larger budget for that quarter/year. (Share the profits)

If the company as a whole is doing bad, then EVERYONE will get lower budgets. (Share the pain)

 

[mr snrub]

so in a circle of life type of way, the park division will also get some extra dough.

 

[Chris]

Also remember Disney is onlt the distributor of Nemo. It is a Pixar movie. Disney has merchandising rights but I would guess that a big portion of the profits go back to Pixar. Whatever profit is left at the end of the year is Disney corporate profit. Shows at the top line.

 

[Natelox]

Finding Nemo is now the top grossing animated film of all time, it beat out the Lion King last week.

 

[mr snrub]

Originally posted by Natelox
Finding Nemo is now the top grossing animated film of all time, it beat out the Lion King last week.

not when adjusted for inflation, my friend

 

[pan11435]

This is how it works in large corporations...

Profits goto corporate, then each department will get a budget.

If a department exceeds it's quotas/stats/performance or corporate believes a certain department can make more money, then they will get a larger budget for that quarter/year. (Share the profits)

If the company as a whole is doing bad, then EVERYONE will get lower budgets. (Share the pain)

Yes, thats true for most companies. However in Disney's case MKT is correct, each division as like a seperate company. Each keeps their own profit. Also each must turn a profit on its own.

Also remember Disney is onlt the distributor of Nemo. It is a Pixar movie. Disney has merchandising rights but I would guess that a big portion of the profits go back to Pixar. Whatever profit is left at the end of the year is Disney corporate profit. Shows at the top line.

Well Disney is a little more than just a distributer. Disney pays the bills for the film, has merchandising rights and retains full ownership of the film and its characters. Disney and Pixar split the profits 50/50.

 

[RnRCJohn]

Now thats a big chunk of pocket change!:lol:

John

 

[JLW11Hi]

Originally posted by mr snrub
not when adjusted for inflation, my friend

Then it would probably be Snow White.

Are you sure it beat out the Lion King already? Because the Lion King had a bigger profit when you look at the rereleases like in the IMAX theaters...

 

[NowInc]

Originally posted by JLW11Hi
Then it would probably be Snow White.

Are you sure it beat out the Lion King already? Because the Lion King had a bigger profit when you look at the rereleases like in the IMAX theaters...

Yep..snow white is #1...by a long shot...

Lion king is up there..but not as large as youd think..amazingly enough.

 

[Woody13]

I adjust for inflation today and in the future. However, I don't adjust for inflation yesterday. It's a false premise to make those adjustments. Another example of "Hollywood" accounting. Nemo and Lion King are the tops. No doubt about it! Let's rewrite history if you desire to put Snow White in the lead.

You could buy a Coke for a nickel years ago.

 

[AndyMagic]

Originally posted by Chris
Also remember Disney is onlt the distributor of Nemo. It is a Pixar movie. Disney has merchandising rights but I would guess that a big portion of the profits go back to Pixar. Whatever profit is left at the end of the year is Disney corporate profit. Shows at the top line.

This is true but Disney still get's quite a big chunk of change. Production of the Pixar films are split 50/50 and Disney actually gets a tiny bit more than half of the profits! After The Incredibles (November 2004) and Cars (November 2005), expect the deal to sway more heavily toward Pixar.

 

[EpcoTim]

Wasnt Disney using park money to fund movies, and the straight to video garbage for awhile?