JEANYLASER
Well-Known Member
I thought it will be a name change and I hope it will be Disney's Hollywood Adventure! 
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The Park Formerly Known as Disney's Hollywood Studios? Yep ...
- Thread starter WDW1974
- Start date
Figments Friend
Well-Known Member
My new desktop image.
Thank you !
What a gorgeous scene ( love seeing the Nautilus there...)
ford91exploder
Resident Curmudgeon
Is that officially confirmed? - I thought that was a rumor which was confirmed by most of the usual insider suspects but not official yet.
SirLink
Well-Known Member
Ride the movies without the catchy easy to understand statement.
Of course not
ford91exploder
Resident Curmudgeon
Of course not
Thanks!
G00fyDad
Well-Known Member
I think that most consider it a previous icon is that they used it on promotional logos several times.
Goofyernmost
Well-Known Member
That is true because they realized how important it was and what impression it made on people as the entered the park. When you think about it, all any studio ever was, was a workshop to create what eventually ended up being a movie and making a debut at the Chinese Theater.
ford91exploder
Resident Curmudgeon
What if it does not mean anything other than cost cutting what then?. I keep harking back to the evil triad's (Iger/Staggs/Rasulo) statement that MM+ would create an 11% improvement in park margins.
Close out this fiscal year with a nice bump in earnings with margins as predicted, Everyone takes a early retirement cashes out and the problem is left for the next management team.
Not saying that that is what is going on - but is one possible explanation for the insane level of cutbacks we are seeing with no ANNOUNCED replacements.
I know Iger's contract has been 'extended' but perhaps the BoD will not LET him leave until the promised margin improvements materialize unless he takes a huge haircut on compensation so Iger will stay and make it happen no matter what the effect on the long term bottom line.
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hopemax
Well-Known Member
Nov 20th is the CM appreciation party thingy at the Studios, I suppose it's far too soon, and not nearly a public enough venue to make a "we really dumped on you guys, when we brought MDE and FP+ to WDW, and so you guys get to be the first to see our grand re-Imagineering of this wasteland of a park."
On a separate train of thought, I realized that while I've spent a great deal of time, over the years looking at satellite images of Epcot, MK, and even AK, I don't think I ever bothered to look at the Studios images before. And even though obviously GMR was not actually IN the theater, I never conceptualized the location of the show building before.
In another day and age, you could totally reimagine the park, by shutting everything down except Hollywood & Sunset Blvds, and Echo Lake, and redo Animation Courtyard at the end. You lose the Muppets, Sci-Fi Diner, Mama Melrose's. But you could reimagine Muppets and put them where the Animation building is now. Make the kiddie area. Add new restaurants in the new additions. You could separate the Chinese Theater, from its show building, make it the most high end store part Sid's/part Art of Disney, and use the show building for something coming from the backside. Move One Man's Dream into the Idol building, and have a very nice tribute center to the company's origins, with a preview center of all that is to come. TSMM and ST show buildings stay, but basically bulldoze everything else, and completely rebuild. But it seems far too ambitious of anything the leadership of the company is willing to do.
It does seem clear that SOMETHING BIG is happening, but I feel like it's going to open piecemeal, and take far too long, that any sort of "Grandness" will be lost, because we'll be visiting a corridor of walls and a construction zones for years.
On a separate train of thought, I realized that while I've spent a great deal of time, over the years looking at satellite images of Epcot, MK, and even AK, I don't think I ever bothered to look at the Studios images before. And even though obviously GMR was not actually IN the theater, I never conceptualized the location of the show building before.
In another day and age, you could totally reimagine the park, by shutting everything down except Hollywood & Sunset Blvds, and Echo Lake, and redo Animation Courtyard at the end. You lose the Muppets, Sci-Fi Diner, Mama Melrose's. But you could reimagine Muppets and put them where the Animation building is now. Make the kiddie area. Add new restaurants in the new additions. You could separate the Chinese Theater, from its show building, make it the most high end store part Sid's/part Art of Disney, and use the show building for something coming from the backside. Move One Man's Dream into the Idol building, and have a very nice tribute center to the company's origins, with a preview center of all that is to come. TSMM and ST show buildings stay, but basically bulldoze everything else, and completely rebuild. But it seems far too ambitious of anything the leadership of the company is willing to do.
It does seem clear that SOMETHING BIG is happening, but I feel like it's going to open piecemeal, and take far too long, that any sort of "Grandness" will be lost, because we'll be visiting a corridor of walls and a construction zones for years.
GoofGoof
Premium Member
I'm pretty sure that 11% number is in a similar category as the $3.5B cost or whatever we are calling it today. I don't recall a time when anyone from Disney publicly said MyMagic+ will increase P&R margins by 11%. If they did, I'd love to see it. I'm sure there is some internal metric they are shooting for, but it's never been made public (I highly doubt it ever will be). In the most recent earnings calls they were very careful not to quantify expected results.
I guess we will have to just wait to see, but it highly doubt that there is nothing planned for DHS but cost cutting. That park actually seems like it had a pretty nice summer with the Frozen stuff. They could have milked that for a while. Plus the insiders here (pretty much all of them) are saying there are plans, nothing firm yet, but something is coming.
ford91exploder
Resident Curmudgeon
The 11% came from one of the earnings calls and a paywalled article on SeekingAlpha, I hope the insiders are correct and I'm wrong.
GoofGoof
Premium Member
Do you know which quarter or have a link to the SeekingAlpha page?
ford91exploder
Resident Curmudgeon
Yes - but not on this computer away from home again.
GoofGoof
Premium Member
No worries. I'm not trying to give you a hard time. The only reasons I ask is because I haven't seen the exec team speaking in any specifics on MyMagic. It's almost laughable to watch them dance around the questions at this point.
My theory is that there is absolutely no way to quantify any gains achieved by MyMagic+ And they knew this all along. Last quarter Iger stated that MyMagic would contribute to earnings growth starting with Q4 this year. I predict that this contribution will not come in the form of a solid number or percentage. They will just list MyMagic as a contributing factor to P&R earnings growth. As @ParentsOf4 stated in another thread the expense of MyMagic+ will decrease resulting in a year over year increase without even increasing revenue. If they publicly disclosed an expected return of 11% then I would expect to see analysts nail them to the wall on this when they have their earnings release.
The main reason I don't think MyMagic will have any impact on the DHS project is that the majority of the spending on it is done. It may have delayed some projects while they finished it up, but now that it's complete and rolled out there is no reason to hold back on capital projects. Shanghai is another story. Those delays are far more likely to impact DHS projects than MyMagic. Not that they should, there is enough money to go around.
pumpkin7
Well-Known Member
Disney's Hollywood Adventure?
That's not very, uh... adventurous is it?
It'll probably just become 'Disney Hollywood Park', like it's 'Disney Magic Kingdom Park' and 'Disney Epcot Park'. Just to really emphasise on the Park bit. Yes, it's a theme park, but everything just sounded much better before we were always told about it. 'Disney's Magic Kingdom'.... ahhhh.
That's not very, uh... adventurous is it?
It'll probably just become 'Disney Hollywood Park', like it's 'Disney Magic Kingdom Park' and 'Disney Epcot Park'. Just to really emphasise on the Park bit. Yes, it's a theme park, but everything just sounded much better before we were always told about it. 'Disney's Magic Kingdom'.... ahhhh.
ford91exploder
Resident Curmudgeon
Understand perfectly,
I agree with your theory - But you recall on the last 3 earnings calls Iger has been pressed multiple times to quantify the financial effect on a couple of calls he was asked the same question twice and that NEVER happens on earnings calls.
GoofGoof
Premium Member
Yep. They asked. I don't remember anyone actually answering.
BrerJon
Well-Known Member
It's the difference between experiencing what the life of a director, stuntman, actor or special effects guy is, and how movies are made, and transporting you into the fiction, living the life of an astronaut, superhero, monster or explorer, as seen in the movies.