Nemo14
Well-Known Member
makes sense I suppose, in a Disney sort of way....
-
Welcome to the WDWMAGIC.COM Forums!
Please take a look around, and feel free to sign up and join the community.
The Spirited Seventh Heaven ...
- Thread starter WDW1974
- Start date
ParentsOf4
Well-Known Member
The following is from last year's company 10K:
In September 2011, the Company announced an agreement with James Cameron’s Lightstorm Entertainment and Fox Filmed Entertainment for the exclusive global theme park rights to create themed lands based on the AVATAR franchise with the first land planned for Disney’s Animal Kingdom. Scheduled to open in 2017, the AVATAR-inspired land will be a part of an expansion in Disney's Animal Kingdom, which will include new entertainment and nighttime experiences.
Please refer to the part I bolded.
As an SEC filing, the 10K should be taken seriously.
With that acknowledged, plans change. Any statement Disney makes regarding the opening of Pandora should be considered a plan, not a promise.
Still, dragging their feet to delay the opening of Pandora (or Star Wars Land) is just bad business. The sooner they open, the sooner they'll start to recoup their investment.
One topic discussed on this thread in recent days is Eisner vs. Iger. Prior to Iger, most Parks & Resorts projects were rushed; there was a sense of urgency. Under Eisner, this sometimes resulted in go fever. (Please refer to the link to understand the reference.) As a result, some projects failed to meet expectations.
However, even during Eisner's worst years, the shovel generally hit the ground quickly, resulting in a constant stream of theme park updates. (The historical P&R capex budget supports this assertion.)
With Iger scheduled to step down in 2016, it appears that a grand total of two brick-and-mortar WDW theme park additions will have been started and finished during Iger's 11-year reign.
Eleven years; four theme parks; two additions.
Nemo14
Well-Known Member
The following is from last year's company 10K:
In September 2011, the Company announced an agreement with James Cameron’s Lightstorm Entertainment and Fox Filmed Entertainment for the exclusive global theme park rights to create themed lands based on the AVATAR franchise with the first land planned for Disney’s Animal Kingdom. Scheduled to open in 2017, the AVATAR-inspired land will be a part of an expansion in Disney's Animal Kingdom, which will include new entertainment and nighttime experiences.
Please refer to the part I bolded.
As an SEC filing, the 10K should be taken seriously.
With that acknowledged, plans change. Any statement Disney makes regarding the opening of Pandora should be considered a plan, not a promise.
Still, dragging their feet to delay the opening of Pandora (or Star Wars Land) is just bad business. The sooner they open, the sooner they'll start to recoup their investment.
One topic discussed on this thread in recent days is Eisner vs. Iger. Prior to Iger, most Parks & Resorts projects were rushed; there was a sense of urgency. Under Eisner, this sometimes resulted in go fever. (Please refer to the link to understand the reference.) This sometimes resulted in projects that failed to deliver.
However, at least under Eisner, even during his worst years, the shovel generally hit the ground quickly, resulting in a constant stream of theme park updates. (The historical P&R capex budget supports this assertion.)
With Iger scheduled to step down in 2016, it appears that a grand total of two brick-and-mortar WDW theme park additions will have been started and finished during Iger's 11-year reign.
Eleven years; four theme parks; two additions.
but thousands of magical bracelets.
the.dreamfinder
Well-Known Member
Decoration more than anything really.
aladdin2007
Well-Known Member
she also sang God Help the Outcasts on the Hunchback of Notre Dame soundtrack, a little forgotten gem of a song.
wogwog
Well-Known Member
Spring comes early in Florida. But "Disney Springs"? Probably not based on WDW recent history on construction.
ford91exploder
Resident Curmudgeon
The following is from last year's company 10K:
In September 2011, the Company announced an agreement with James Cameron’s Lightstorm Entertainment and Fox Filmed Entertainment for the exclusive global theme park rights to create themed lands based on the AVATAR franchise with the first land planned for Disney’s Animal Kingdom. Scheduled to open in 2017, the AVATAR-inspired land will be a part of an expansion in Disney's Animal Kingdom, which will include new entertainment and nighttime experiences.
Please refer to the part I bolded.
As an SEC filing, the 10K should be taken seriously.
With that acknowledged, plans change. Any statement Disney makes regarding the opening of Pandora should be considered a plan, not a promise.
Still, dragging their feet to delay the opening of Pandora (or Star Wars Land) is just bad business. The sooner they open, the sooner they'll start to recoup their investment.
One topic discussed on this thread in recent days is Eisner vs. Iger. Prior to Iger, most Parks & Resorts projects were rushed; there was a sense of urgency. Under Eisner, this sometimes resulted in go fever. (Please refer to the link to understand the reference.) As a result, some projects failed to meet expectations.
However, even during Eisner's worst years, the shovel generally hit the ground quickly, resulting in a constant stream of theme park updates. (The historical P&R capex budget supports this assertion.)
With Iger scheduled to step down in 2016, it appears that a grand total of two brick-and-mortar WDW theme park additions will have been started and finished during Iger's 11-year reign.
Eleven years; four theme parks; two additions.
What bothers me is how Disney drags out capital projects over years unless forced at gunpoint to accelerate (See Chinese Projects) This is not how a healthy company does capital projects - A healthy company does capital projects as fast as possible to realize a return on investment as well as being able to depreciate that asset as quickly as possible as an offset to taxes.
We keep getting told how Disney has 150B in market capitalization and how Disney is 'Too Big to Fail' Am I the only one who looks at this stuff and is worried about the future of TWDC?, TWDC has lots of salable assets which would make good standalone businesses or units of another company.
With the current dysfunctional management culture I'm wondering whether TWDC will continue as a integrated whole or will it be broken up into more rational units.
danv3
Well-Known Member
The soundtrack version of that song is great. Midler's version is terrible.
There is no delay, it will open in phases.
SirLink
Well-Known Member
You can't open a parking garage in phases ... the parking garage has a delayed opening from the original opening fall 2014 sticker attached to just the parking garage.
RSoxNo1
Well-Known Member
Mainly because it was awful. I actually had the debate with someone about what movie I hated more, and the only I could come up with was Step Mom.
71jason
Well-Known Member
Considering Christmas week is about they only time they really need it consistently ... #DisneyFail
71jason
Well-Known Member
Trying to get a second attendance bump from opening the second phase?
Because I'm not real comfortable parking on the lower level of a parking garage when you tell me the upper level isn't safe enough to support cars yet.
ford91exploder
Resident Curmudgeon
As a merchant doesn't this just make you want to rush out and sign a lease - when the landlord cannot even get parking done on time...
Disneyhead'71
Well-Known Member
Orlando has gotten a lot of rain this summer. I wonder if this has anything to do with the delay.
ford91exploder
Resident Curmudgeon
I am surprised at any delay that involves concrete. With all the added concrete at MK recently you would think Disney would know how to use concrete by now.
It's cheaper by the yard in the 'Winter' months due to lower demand in the northern part of the US, Nothing new here chase the pennies (and mils) while the dollars fly overhead.
BernardandBianca
Well-Known Member
"$125 was my renewal..... But not this year.
Are you serious? No discount for returning members either?" (Sorry, I don't know how to add two quotes in a response.)
No discount for returning members (unlike in the past), but if you are a Florida AP (or DVC member), it "only" costs $100 per card. And I can remember, like WDW1974, getting two cards for the price of one membership, though mine was $50 the first year we got it.
Are you serious? No discount for returning members either?" (Sorry, I don't know how to add two quotes in a response.)
No discount for returning members (unlike in the past), but if you are a Florida AP (or DVC member), it "only" costs $100 per card. And I can remember, like WDW1974, getting two cards for the price of one membership, though mine was $50 the first year we got it.
SirLink
Well-Known Member
You kind of hope they signed a contract with a merchant that basically explicitly states an opening of a parking structure/phase opening timeline just so they could get sued.