Sirwalterraleigh
Premium Member
That is useless
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News Star Wars Galactic Starcruiser coming to Walt Disney World 2021
- Thread starter wdwmagic
- Start date
People must be crazy to think that Disney would keep something losing money -- and which has no hope of ever becoming profitable (again) -- running.
Nevermind.
Conspiracy theory powers activated!!
Drdcm
Well-Known Member
I thought they acknowledged that he made the board uncomfortable with his positivity about Disney +. Not trying to promote a conspiracy theory if untrue. You seem to know a lot about this kind of stuff, so I’m happy to defer to you
Yes, he was too cheery with regard to D+ having a bigger loss than expected for the quarter.
But other divisions (barring closed Asian parks) weren't throwing any such losses.
And the company as a whole profited billions.
Disstevefan1
Well-Known Member
To be clear, something must not only be profitable, but must also hit the appropriate profit margin for Disney, to remain open.
Disstevefan1
Well-Known Member
Disney spokesperson: "In response to guest demand we are closing the highly successful Galactic Star cruiser."Yeah…that’s back to that whole “Disney will never lie” thing…which is not true cause they’d never admit a failure
Sirwalterraleigh
Premium Member
I’d take bets on who’d buy that…Disney spokesperson: "In response to guest demand we are closing the highly successful Galactic Star cruiser."
…and the house always wins
Sirwalterraleigh
Premium Member
I absolutely don’t think they’d tolerate a loss…
But the stock battle right now is poor timing for really ANY problems…if it settles down…then I’d expect to see more clarity. That could be moves with this or digging in.
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Disstevefan1
Well-Known Member
Remember the Disney Institute? I think it was where Saratoga Springs Resort is now.
It was probably very good, it just was not a money maker, so they shut it down.
Was Disney Quest a money loser OR did it simply not make the margins they wanted?
I do miss Disney Quest.
It was probably very good, it just was not a money maker, so they shut it down.
Was Disney Quest a money loser OR did it simply not make the margins they wanted?
I do miss Disney Quest.
Drdcm
Well-Known Member
I really don’t see how my statement warrants a conspiracy theory label then.
Either way, thank you for clarifying. I’m in agreement with your statement that they continue to be profitable.
It was the part about keeping it a secret if it was unprofitable to soothe investors and the stock market.
Secrets like that can really bite them on the butt if a disaffected employee lets the secret out. Not worth the risk.
Drdcm
Well-Known Member
Gotcha. Fair enough critique. I was overgeneralizing
Drdcm
Well-Known Member
Sorry, really don’t want to extend this further, so I promise this is my last post about this. I take labels and accusations seriously and try to be careful when saying things because I also hate conspiracy theories.
I never said they were keeping secrets. You maybe extrapolated that from my statement. I said that the stock price falls when they announce things aren’t going well, and then provided an exception to my statement in an edit when the stock price increase again after chapeks firing and acknowledging Disney + was less profitable than expected.
Sirwalterraleigh
Premium Member
They can realistically keep anything under wraps they want…
There’s a big misconception about that in this hood
Sirwalterraleigh
Premium Member
Anyone want to hear my Iger/chapek tinfoil hat theory?
I promise I put no thought into it…
…probably not, huh?
I promise I put no thought into it…
…probably not, huh?
Drdcm
Well-Known Member
I believe you’ve seen my comment on the likelihood of sociopathy in Iger, but I’ll let that rest. Again, I have not sat down to diagnose him, so cannot say with certainty.
Vegas Disney Fan
Well-Known Member
Or the NBA experience, they sunk a small fortune into that place, closed it shortly thereafter due to Covid, and chose to let it sit empty for the last couple years rather than reopen it.
If something isn’t profitable Disney has no problem closing it and writing it off as a loss.
Sirwalterraleigh
Premium Member
I tried to make small talk with him once for 10 seconds at a mixer at boardwalk once…
It was forgettable
…the diagnosis came from afar much later
Sirwalterraleigh
Premium Member
You think that was because it wasn’t profitable? Or because they knew that in the first place after they vastly overpaid ($3,000,000,000) for the last contract and needed to make a show of it?
It was a perfect out.
Riverboat Bob got taken alot in deals after 10/31/12
lazyboy97o
Well-Known Member
The NBA Experience was not a Disney driven project. The NBA paid Disney to operate it.