Temper Your Expectations: Quote from Bob Iger

Lee

Lee

Adventurer
Oddysey said:
I thought TLM was supposed to be an "E" ticket? Was that just fanboy excitement or has TLM been scaled back significantly?
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Yeah....kinda fanboy (hate that term) excitement, but Lassater and a few others used the E label when talking about it. Folks at WDI call it a D when they aren't on the record.
It hasn't been scaled back (since it is using DCA's design), but due to it's short length and lack of any sort of really advanced tech, was never going to be a true E in the same sense that Mansion or Pirates are.

Aurora's#1Fan said:
Your right about the 1.2 billion but I think that is just for Phase 1. Correct me If I am wrong but if Phase 1 is a success then they have more money behind them for phase 2 as they have some attractions and other things planned for phase 2 which I hope come true :p
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Don't think so. The $1.2bil they are spending on DCA is all they are getting. Nothing else of any size is waiting in the wings for DCA.

As for the topic of the thread...I get what he's saying.
They are spending a ton right now between DCA, DCL, and FLE (Shanghai and HK are subsidized by their respective govornments), so it just makes sense that spending will drop after this spending spree.
Of course...if they would lay off building more hotel/DVC rooms, they could drop a few nice things into the parks that need them. (Again....AK, I'm looking at you.)
 
Oddysey

Oddysey

Well-Known Member
Lee said:
Yeah....kinda fanboy (hate that term) excitement, but Lassater and a few others used the E label when talking about it. Folks at WDI call it a D when they aren't on the record.
It hasn't been scaled back (since it is using DCA's design), but due to it's short length and lack of any sort of really advanced tech, was never going to be a true E in the same sense that Mansion or Pirates.
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Thanks for the response, and I agree about the fanboy term. I just couldn't think of a better way to describe it in a short concise 10:00 pm eastern time tired after working all day form.
 
jakeman

jakeman

Well-Known Member
Lee said:
Of course...if they would lay off building more hotel/DVC rooms, they could drop a few nice things into the parks that need them. (Again....AK, I'm looking at you.)
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Or Cruise Lines, or fixing DCA, or overseas parks.

They aren't pulling money from WDW to build DVC any more than they are pulling money away to finance other projects.
 
Lee

Lee

Adventurer
jakeman said:
Or Cruise Lines, or fixing DCA, or overseas parks.

They aren't pulling money from WDW to build DVC any more than they are pulling money away to finance other projects.
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True that WDW doesn't pay for DVC projects directly. But, it's still a capital expenditure, which when added in with the rest contributes to Disney as a company being a little more tight-fisted in the coming years.
 
jakeman

jakeman

Well-Known Member
Lee said:
True that WDW doesn't pay for DVC projects directly. But, it's still a capital expenditure, which when added in with the rest contributes to Disney as a company being a little more tight-fisted in the coming years.
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When you are looking at 1.2 billion for DCA, and 300 million for FLE, and who knows how much for DCL, I wonder what percentage DVC makes up in their Theme Park and Resort budget? With all of these other seemingly larger projects, is DVC even noticable in the big picture?

Not trying to argue, just curious.

Oh and completely off topic, have you got Firefly on Blu-Ray? If so, is it worth it?
 
yeti

yeti

Well-Known Member
One measly quote from Iger and everyone loses their minds!

It's just common sense that, with the budget of Extreme Makeover: DCA Edition being as it is, they're going to scale back on such massive expenditures. You don't need the CEO to come down from the mountain and say it himself to realize that's going to occur.

It doesn't mean that WDW is going to sit and rot for the next ten years. It means that, with so much money being spent elsewhere, we won't be getting anything with the same financial value as the DCA expansion, because we don't need it. DCA was a mess, and the numbers proved it, so obviously some imagineering reform was necessary. WDW, whether we believe it or not, is thriving. It doesn't need a $Billion+ fix right now.

For now, just sit your clam shell and enjoy the ride. I'm willing to bet it'll be better than what people think.
 
Tom

Tom

Beta Return
jakeman said:
When you are looking at 1.2 billion for DCA, and 300 million for FLE, and who knows how much for DCL, I wonder what percentage DVC makes up in their Theme Park and Resort budget? With all of these other seemingly larger projects, is DVC even noticable in the big picture?

Not trying to argue, just curious.

Oh and completely off topic, have you got Firefly on Blu-Ray? If so, is it worth it?
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DVC is technically a company of its own (just another division of the Walt Disney Company). When they build a new DVC resort, they know exactly what the return-on-investment will be once all shares are sold. The income/profit is essentially guaranteed and fixed. In reality, building new DVC resorts shouldn't have an impact on the budget for Walt Disney Parks and Resorts.

On the flip side, building a new ride will never show any direct return-on-investment, since they don't sell tickets for individual rides (anymore). It's impossible to prove to shareholders that a specific attraction is generating X dollars toward the bottom line.

It's a lot easier to "sell" a new DVC hotel to shareholders than it is a new ride - because they can see the dollars and cents in black and white.
 
misterID

misterID

Well-Known Member
yeti said:
One measly quote from Iger and everyone loses their minds!

It's just common sense that, with the budget of Extreme Makeover: DCA Edition being as it is, they're going to scale back on such massive expenditures. You don't need the CEO to come down from the mountain and say it himself to realize that's going to occur.

It doesn't mean that WDW is going to sit and rot for the next ten years. It means that, with so much money being spent elsewhere, we won't be getting anything with the same financial value as the DCA expansion, because we don't need it. DCA was a mess, and the numbers proved it, so obviously some imagineering reform was necessary. WDW, whether we believe it or not, is thriving. It doesn't need a $Billion+ fix right now.

For now, just sit your clam shell and enjoy the ride. I'm willing to bet it'll be better than what people think.
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WDW is doing good because of the discounts, its really a good and smart deal on their end. When that ends and the economy bounces back, I'm not so sure. But...

Al Lutz was saying DL is probably going to be the taking the top spot as the most visited themepark in America this year, beating out MK. And this before the DCA expansion opens! And TDL/DisneySea is going to top WDW as the most visited theme park resort in the world soon -- And no, I don't buy that the OLC will just allow disney to skew numbers so people won't know this -- I wonder how this will effect WDW.

And I really wonder when the last time Iger visited Animal Kingdom was.
 
RadioHead

RadioHead

Member
misterID said:
WDW is doing good because of the discounts, its really a good and smart deal on their end. When that ends and the economy bounces back, I'm not so sure. But...

Al Lutz was saying DL is probably going to be the taking the top spot as the most visited themepark in America this year, beating out MK. And this before the DCA expansion opens! And TDL/DisneySea is going to top WDW as the most visited theme park resort in the world soon -- And no, I don't buy that the OLC will just allow disney to skew numbers so people won't know this -- I wonder how this will effect WDW.

And I really wonder when the last time Iger visited Animal Kingdom was.
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But they are all Disney parks? Who cares who is 1st and who is last? To me every single park has magic, and that's what is important for me.
 
TP2000

TP2000

Well-Known Member
Lee said:
Nah...
The half-billion dollar version was the early concept with quite a bit more included.
The project, and budget, was scaled back after that. Last number I heard was just under $300mil. And that is if they go ahead and build Phase 2...which is kinda iffy.

Personally, considering that we are only getting some fancy landscaping, a few well-themed buildings with M&Gs, a restaurant, a relocated and expanded spinner and a D ticket omnimover who's design was piggy-backed on the DCA version....I think they would be overspending at the $300mil figure.
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Ah, okay. Well, I guess I was taken in by all the pretty concept art, as it looks like a nice expansion from that helicopter hovering 500 feet up where they paint all those WDI sketches. :lol:

But if FLE is a slightly less than 300 Million dollar project, than I trust your excellent track record Lee. Thank you for clearing that up for us!

As for Little Mermaid, Al Lutz is saying that the Blue Sky Cellar preview center at DCA will open next Friday with a big new display about the Little Mermaid ride. This will be the DCA version obviously, so any info in the exhibit about the exterior won't apply to the FLE version, but anything they show us of the interior of the attraction should be very close to the FLE version. We'll all know more by Friday when the pictures/videos of the new preview center exhibit hit the web, if the World of Color frenzy doesn't completely overshadow it on the Disneyland fan websites.
 
PurpleDragon

PurpleDragon

Well-Known Member
edwardtc said:
DVC is technically a company of its own (just another division of the Walt Disney Company). When they build a new DVC resort, they know exactly what the return-on-investment will be once all shares are sold. The income/profit is essentially guaranteed and fixed. In reality, building new DVC resorts shouldn't have an impact on the budget for Walt Disney Parks and Resorts.

On the flip side, building a new ride will never show any direct return-on-investment, since they don't sell tickets for individual rides (anymore). It's impossible to prove to shareholders that a specific attraction is generating X dollars toward the bottom line.
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While they can't prove an attraction is generating more revenue towards the bottom line, they can justify it's existance by the turnstile numbers it generates. Case in point TSM, they've been promoting this attraction on TV with the summer resort discounts and in turn the attraction has had insane turnstile numbers, which can be used to argue that the attraction has brought more guests to the park and thus paid for itself. ;)
 
Master Gracey 5

Master Gracey 5

Active Member
So by my count here:

$1.2B on DCA
$300M on FLE
$1B on cruise ships
Plus whatever on Shanghai
Total of approximately $2.5B+ spent over a four/five year period.

Even if they spend less than $1B in the following years, Iger would be telling the truth, the stockholders would be happier and we could see an awesome $750M expansion of AK, or even a smaller AK expansion and simultaneous DHS expansion that would cost about the same as FLE each.

Personally I'm good with that math.
 

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