News Walt Disney Company plans to spend $17 billion at Walt Disney World over the next ten years

[Sirwalterraleigh]

Why would it not be enforceable. The legally elected board of the district entered into a contract. Just as they have done countless times before. They did nothing that wasn’t within their power and authority as outlined in the districts charter and under state law.

Sure it will be picked apart. But it was also put together by Disney lawyers who make your annual salary in a day. Of the two entities here, it’s the state that has already demonstrated a willingness to break the law and violate the constitution and an apparent ignorance of both. So I know who my money is on.

He’s saying the courts in the state are in the pocket of Tallahassee

And they are as it stands. That’s a hurdle for Disney

But nestled between Virginia and Maryland…there’s a very easy case to be made.
If you try to get that court to rule that a privately held, large corporation does NOT have the right to a political opinion…what would ruling invalidate?

Anyone think a campaign fundraising stunt will be picked over unlimited dark money nationally?

…good luck there

 

[Sirwalterraleigh]

No, this all started with Disney doing nothing wrong and then the state overplaying its hand.

I find it laughable that you claim the state wouldn’t pursue this if they didn’t think they had something. They’ve repeatedly lost case after case because they generally don’t seem to know or care about the law.

…we’re symbiosis on this one…

…sign of the apocalypse

 

[monothingie]

There’s still a long road ahead and things could certainly go in a wide variety of directions. But you can’t baselessly claim that it’s illegal and will be stopped without any supporting evidence.

I find this funny coming from you considering your prior comments. Seems like you’re backtracking.

I’ve made no such claim about the outcome other than to disagree with posters who said the situation is settled. I don’t know how it’s going to turn out, but I’d bet a lot that it’s ultimate outcome is going to be a lot different from what we have now.

 

[Sirwalterraleigh]

Congress isn’t involved in this at all. Clearly you need to rewatch schoolhouse rock.

And yes, it was a violation of the US construction and the most recent bill violates the Fl constitution.

It actually could be used to invalidate the citizens United ruling…which decreed that corporations have a “mind” and therefore can have a political preference. That was about unlimited money to buy policy…but it also covers “free speech” by a company as well. Political opinion is protected under the first amendment.
There are numerous Florida lawmakers on record talking about “punishing” Disney for an opposite opinion…
…and I bet copies of those comments are already safely in “the Disney vault”

 

[peter11435]

I find this funny coming from you considering your prior comments. Seems like you’re backtracking.

I’ve made no such claim about the outcome other than to disagree with posters who said the situation is settled. I don’t know how it’s going to turn out, but I’d bet a lot that its ultimate outcome is going to be a lot different from what we have now.

I’m not backtracking at all

I don’t think anyone thinks this is settled and there wont be further development. No doubt there will be more, but that doesn’t mean the latest agreement between Disney and the district was illegal.

Disneys original statement about the bill that started this wasn’t illegal either but that didn’t stop the state from overplaying their hand. No doubt they will attempt to do the same again.

 

[Sirwalterraleigh]

I find this funny coming from you considering your prior comments. Seems like you’re backtracking.

I’ve made no such claim about the outcome other than to disagree with posters who said the situation is settled. I don’t know how it’s going to turn out, but I’d bet a lot that it’s ultimate outcome is going to be a lot different from what we have now.

I don’t think it’s “settled” at all.

I think a very loose reading of the tea leaves shows Disney will not “lose”.

 

[Sirwalterraleigh]

Lol you got it backwards. WDW is losing market share and needs investment to remain competitive. WDW is now under a criminal investigation. I suspect that investigation might be cranked up if there isn’t more investment.

Edit: we can cry about if it’s fair or not but that is how the game is played

They’re not under “criminal” investigation…

Just because someone ate cow pies for breakfast…doesn’t mean you believe them when they spit it back out

 

[mf1972]

$17B over 10 years…can we get a working yeti please?

 

[Animaniac93-98]

$17B over 10 years…can we get a working yeti please?

It'll be fixed when the figure is redressed as Maui as part of the overall Moana Mountain transformation of EE.

 

[No Name]

That’s a pretty huge number. I mean Mine Train, Frozen, Pandora, Toy Story Land, Galaxy’s Edge, and the four rides since then cost maybe $4 billion altogether. $17 billion over ten years is a boatload of money, even despite the fact that they tend to spend inefficiently.

Of course whether it ever actually gets spent is another question.

 

[Vegas Disney Fan]

$17B over the next 10 years can really only mean new theme park.

I hope not, I’d rather see them spend a couple billion each in the existing parks than blow it all in one place.

Half of it is likely destined for outside the parks anyway, a couple new DVCs, a couple resort renovations, new monorails (we can dream), maybe a skyliner expansion… that’s probably $5 billion gone right there.

 

[WDWFanRay]

hope not, I’d rather see them spend a couple billion each in the existing parks than blow it all in one place.

The new Universal park is going to be the catalyst for another Disney park. Universal will have three parks and a water park. That will only leave Disney with a one park advantage. That is not enough for Disney to retain their Central Florida top dog status and they know it. Let’s just say that I know a guy who knows a guy that might know about some balloon tests that might be coming soon.

 

[llewmmu]

I hope not, I’d rather see them spend a couple billion each in the existing parks than blow it all in one place.

Half of it is likely destined for outside the parks anyway, a couple new DVCs, a couple resort renovations, new monorails (we can dream), maybe a skyliner expansion… that’s probably $5 billion gone right there.

To be fair, Galaxy's Edge was $1 billion for a single land, and they won't be doing that every year

They can certainly manage a whole decade of new additions for the current parks with say, 7 out of 17 billions alternating between a whole new land and singular ride each year.

Still leaves a ton of overhead for whatever else, heck, they probably could still fit a 5th gate into that if they were super efficient with the budget

 

[seabasket]

Dear God let there be a measly $500 million for a SSE refurbishment and Figment overhaul.

 

[preludevtec01]

On hotels?

 

[Trauma]

He can say whatever he wants he won’t be around long.

 

[Sirwalterraleigh]

That’s a pretty huge number. I mean Mine Train, Frozen, Pandora, Toy Story Land, Galaxy’s Edge, and the four rides since then cost maybe $4 billion altogether. $17 billion over ten years is a boatload of money, even despite the fact that they tend to spend inefficiently.

Of course whether it ever actually gets spent is another question.

Nobody said $17 billion in “additions”. That could include redoing every hotel room on property. Or the road. Or the water control system. Or resurfacing the monorail beam.

The new Universal park is going to be the catalyst for another Disney park. Universal will have three parks and a water park. That will only leave Disney with a one park advantage. That is not enough for Disney to retain their Central Florida top dog status and they know it. Let’s just say that I know a guy who knows a guy that might know about some balloon tests that might be coming soon.

Not at all. And it has nothing to do with “competition”

A new park would mean attendance would fall at the other 4…which does them no good.

 

[Sirwalterraleigh]

He can say whatever he wants he won’t be around long.

This is one of these “predictions I hope goes wrong”…

Iger isn’t going anywhere.

 

[GhostHost1000]

So they shut down the stand by line?

No but whether you paid $25 or stood in line for 2 hours, the ride was still half working.

 

[Sirwalterraleigh]

Congress isn’t involved in this at all. Clearly you need to rewatch schoolhouse rock.

And yes, it was a violation of the US construction and the most recent bill violates the Fl constitution.

Schoolhouse Rock was created by Michael Eisner…

…just saying. non-sequitor complete