the.dreamfinder
Well-Known Member
Disney CEO Fumbles Entry to China
Is Bob Iger’s Disney headed for the exit in Xi’s China and Trump’s America?
Pro, to his credit, appears to have been onto something...
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- Thread starter WDW Pro
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Pro, to his credit, appears to have been onto something...
nickys
Premium Member
An oldie but goodie has resurfaced, with a jaw dropping addendum.Disney CEO Fumbles Entry to China
Is Bob Iger’s Disney headed for the exit in Xi’s China and Trump’s America?medium.com
Pro, to his credit, appears to have been onto something...
“Re-surfaced” is an odd word to use to describe posting your own article.
And I’m particularly intrigued that you believe Iger tried to sell the domestic parks (DLR and WDW) in case of the possibility of a pandemic. What was the evidence for that?
They're still I'm excess of a billion. Utilities, maintenance, landscaping... all of that is massive and essentially locked in place. Spaceship Earth must be temperature controlled 24/7 365. Most attractions must be cycled periodically even when closed. They've hot many square miles of property to maintain every single day.
Just4Pics
Well-Known Member
Just curious, what would happen if SSE wasn't temperature controlled?
DVCakaCarlF
Well-Known Member
They have not maintained the property to standards, from my observation of the Polynesian, Wilderness Lodge, and other common roadways.
UNCgolf
Well-Known Member
Just guessing, but it would probably be fully infested with mold beyond any other potential problems.
DVCakaCarlF
Well-Known Member
Hold on...Bob Iger tried to spin off the parks? The same parks he put SWGE, TSL, etc?!??
JoeCamel
Well-Known Member
In florida it will mold and probably be declared a superfund site in short order. The AAs and sets would be destroyed.
That's old news. He tried to sell off parks and resorts.
lazyboy97o
Well-Known Member
A pandemic is the sort of instability that makes theme parks undesirable. A pandemic was not the specific reason for trying to offload the parks.“Re-surfaced” is an odd word to use to describe posting your own article.
And I’m particularly intrigued that you believe Iger tried to sell the domestic parks (DLR and WDW) in case of the possibility of a pandemic. What was the evidence for that?
Yes.
nickys
Premium Member
So Iger thought there was going to be a pandemic and tried to sell off DLR and WDW? When was this exactly, that he predicted the catastrophe that we’re in the middle of right now?
Nubs70
Well-Known Member
No I did not forget about the impact of staffing reductions. I does cost quite a bit of money to keep assets in mothball status. Additionally, the $6B in liquidity is being used to fund the entire $DIS empire. Even is WDW costs are cut to $500MM/month, there is alot of other $DIS divisions that are not making money and debt that still needs to be serviced.
lazyboy97o
Well-Known Member
No, he thought the parks were an unstable, mature business that cost too much to operate, required too much continual investment and had no room for growth. A pandemic is an example of the sort of instability to which theme parks are highly susceptible.
Nubs70
Well-Known Member
Pandem
Pandemics hit at the first 2 foundational layers of Maslow's Hierarchy
Nubs70
Well-Known Member
Not maybe selling off DLR and WDW but sure as shinola why he gave the other Bob his job.
nickys
Premium Member
OK, but Gary Snyder says in his addendum to his article that Iger tried to sell them specifically because of the possibility of a pandemic.
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That's false, it's not because of possibility of pandemic.
asianway
Well-Known Member
Was around the time Jobs was hanging on by a thread
Yes that's right. It was quite some time ago that Iger get tried to sell off parks and resorts. Iger will be known for his contributions but his trying to sell P&R is not talked about much.