-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
The Spirit Takes the Fifth ...
- Thread starter WDW1974
- Start date
- Status
Indeed. WDI can charge over the odds since the main parks have to buy from them, and no one else, and in turn keep WDI afloat, so they can charge over the odds. And so on. A vicious corporate circle.
PeterAlt
Well-Known Member
See my follow-up. You answered part of it.
Lee
Adventurer
Nope.
Disneyhead'71
Well-Known Member
I don't know or give a flying flip who is controlling what, but they spent $425 million on the Fantasyland Expansion and it doesn't even have an E-Ticket. Universal built the entire Wizarding World of Harry Potter for $265 Million. Forbidden Journey cost HALF of what Ariel's B-Team Adventure cost.
PeterAlt
Well-Known Member
Add to that the billions spent on NextGen and still no E-ticket. Less than half of that was spent on DLR and they got an E-ticket and a whole theme park make-over, as well as several lesser rides! Seems like the waste is coming out of a mismanaged office in Florida!
Whoever that person is who is mismanaging things here, that person better not be around when Avatar gets under way, or the C-ticket boat ride being planned will be its main attraction!
Darth Sidious
Authentically Disney Distinctly Chinese
I was just at DHS and the Fastpass line for Star Tours stretched all the way to the steps near Indy's entrance.
Bairstow
Well-Known Member
Does Pixar really compete with Disney Animation?
My understanding is that The Walt Disney Corporation puts a great deal of effort into careful scheduling to ensure that the two studios' animated pictures are never in direct competition.
71jason
Well-Known Member
Welcome to Hell Week 2013 ...
Goofyernmost
Well-Known Member
In my opinion, everyone needs to stop thinking that NextGen is a Florida project only. It is a Disney project and the test area is WDW. When they do get it all straightened out, it will be showing up all over Disney Properties and the cost will be shared, if not already. Disney didn't spend a billion plus for just one park. That would be even dumber then everyone is making out TDO to be. The cost is/will be spread out as operating expense for all parks, marketing and others, I'm sure. It was never really going to be coming out of Park expansion funds but probably is taking a little now to cover the overruns.
We need to get this idea out of our minds that WDW has nothing of substance new, because of this program. WDW has nothing new because that is the way they want it, for now. They are seeing just how far Universal is going to carry out all this spending and then, perhaps, come back with an upper cut. No proof, just a real strong feeling about it.
Funmeister
Well-Known Member
Sorry but not 100% true. The cost has already or is being paid right now. They are not going to charge them for work that was already done. It is a Florida project only from the beginning, now and in the near future. Before I write a huge explanation on this I saw your last line that says "No proof, just a real strong feeling about it" and now I have decided to stop typing. Good luck.
lazyboy97o
Well-Known Member
NextGen was conceived of as a global project that was to expand to the Disneyland Resort and Disneyland Resort Paris with hopes that it could be sold to Tokyo Disney Resort, Hong Kong Disneyland and Shanghai Disneyland.
ford91exploder
Resident Curmudgeon
Wow. Guess the MB is working as I expected driving customer (dis)satisfaction.
Last edited:
Goofyernmost
Well-Known Member
Yes, but it would be a separate budget item and there is no way that a company the size of Disney wouldn't spread the cost out to as many areas as they possibly legally could. As I said, it is theory, but, with the profit that Disney has had recently, that could very well be "new" money. It won't look as good as the numbers did last year, but, no one on wall street is going to go into cardiac arrest over it. And I will go to my grave saying loudly, that when this is debugged you will see it on every Disney property that exists and even some that don't currently exist.
Funmeister
Well-Known Member
In the beginning they focused solely on WDW. From the mouth of Al Weiss in 1998 Disneyland was never included in the intial development or roll out. Sure they may have had thoughts to eventually expand it but Disneyland was never an initial development. When you say "hope" I think most would agree that it was not a done deal, as myself, and that there was "hope" that they would eventually buy into it down the line. It was never designed for any of them excpet Florida from the beginning.
Funmeister
Well-Known Member
How would you expand the cost to other areas that do not use the technology? They would not spread the cost/debt of the current program however Disneyland business unit would have to pay for new equipment moving forward not for the current cost of overruns in Florida. I agree that the Walt Disney Company might list it as a asset on a budget sheet but why make one of your business units suffer for no reason? If Disneyland Reosrt is a financial bright spot don't nuddy the waters with a WDW financial boondoggle.
GoofGoof
Premium Member
The development costs hit the P&R segment. Those costs are sunk and will be depreciated sooner than later since technology tends to have a short useful life. A roll-out to DLR or any other park would leverage these costs since you wouldn't need to repeat some of the R&D and planning. Similar to cloning a ride, the physical assets (scanners, Wi-Fi, kiosks) would be additional costs for each additional roll-out, but the months and years of consultants designing and building the system doesn't need to be repeated. TWDC doesn't differentiate publicly between DLR and WDW so there would be no impact to DLR as a financial bright spot.
Goofyernmost
Well-Known Member
Simple...Taxes! Plus each entity sharing the cost, makes the expense much smaller for each unit then the burden falling on just one and creating a focal point. That part doesn't really affect taxes for the over all company if WDW has to absorb it, but as far as investors are concerned, by spreading it out, all divisions of TDC would show, at least a modest profit thus sidestepping panic.
Also one has to stop thinking that this is a WDW financial boondoggle. If anything this is a Disney Company boondoggle. Technology is transferable and they would not ever spend over a billion dollars just for WDW. As I said before, WDW is the test location, but it is hardly the only place it will end up.
Last edited:
Funmeister
Well-Known Member
That is what I said. The other Goof is saying that DLR should help defray the cost that has already been accounted for. My point is that they would have to put money forth to pay for new assets but not for the development already paid for. Yet he liked your post.
- Status