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Post by BWV Dreamin on Feb 8, 2023 17:29:27 GMT -5
www.cnbc.com/2023/02/08/disney-reorganization.html“Disney said Wednesday it is planning to reorganize into three segments, while also cutting thousands of jobs and slashing costs. The media and entertainment giant said it would now be made up of three divisions: Disney Entertainment, which includes most of its streaming and media operations An ESPN division that includes the TV network and the ESPN+ streaming service A Parks, Experiences and Products unit “
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Post by helenabear on Feb 8, 2023 17:43:24 GMT -5
Not shocking given the entertainment issues they had.
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Post by sawickipedia on Feb 8, 2023 17:45:00 GMT -5
You didn't include the lede which is that Parks division was up 27% YoY!!! So all those price increases paid off
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Post by nickys on Feb 8, 2023 17:48:05 GMT -5
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Post by BWV Dreamin on Feb 8, 2023 17:51:27 GMT -5
You didn't include the lede which is that Parks division was up 27% YoY!!! So all those price increases paid off Disney shares just rose 5% in after hours trading. All good for the shareholders, but what about us little people? Do you think those cuts include reducing ticket prices? …….  |
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Post by sawickipedia on Feb 8, 2023 17:54:50 GMT -5
After Tron is completed are there any new rides on the horizon for WDW? Splash Mtn re-do doesn't count.
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Post by helenabear on Feb 8, 2023 17:56:46 GMT -5
I thought it was $2billion But we already know a lot of projects on hold.... so likely that $700 million is going to be easier to find. |
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Post by jflatto on Feb 8, 2023 19:04:34 GMT -5
From what I have read, Disney has NOTHING announced going forward after Tron. To me that is a big issue but I am sure that Iger doesn't care about my opinion.  Considering how long it takes Disney to get anything built, I am not expecting anything new for a long time. I hope I am wrong but not betting on it. |
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Post by brp on Feb 8, 2023 19:11:33 GMT -5
From what I have read, Disney has NOTHING announced going forward after Tron. To me that is a big issue but I am sure that Iger doesn't care about my opinion. Considering how long it takes Disney to get anything built, I am not expecting anything new for a long time. I hope I am wrong but not betting on it. Well, they are planning to rebuild all of central Epcot. That's a big project.
Cheers.
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Post by helenabear on Feb 8, 2023 19:23:33 GMT -5
From what I have read, Disney has NOTHING announced going forward after Tron. To me that is a big issue but I am sure that Iger doesn't care about my opinion. Considering how long it takes Disney to get anything built, I am not expecting anything new for a long time. I hope I am wrong but not betting on it. Well, they are planning to rebuild all of central Epcot. That's a big project. Cheers. And 5 years later we'll get a shell of what they wanted. And the fountain of nations gone too. |
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Post by Brian5581 on Feb 8, 2023 21:47:30 GMT -5
Yep, I wouldn’t expect anything new we don’t already know about to be completed for a while. Hopefully some new announcements that are actually carried through to completion within the next 3-5 years, likely timed concurrently with Universal’s news regarding Epic Universe.
As always, we shall see…
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Post by FessParker1 on Feb 8, 2023 22:07:01 GMT -5
Plans? More hotel rooms to dvc. Gauranteed income and guests.
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Post by rigby on Feb 8, 2023 22:41:55 GMT -5
Just worried about my buddy who works for Disney behind the scenes. He moved his family to Florida 3 years ago for the job. 7000 sounds like a lot.
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Post by nickys on Feb 9, 2023 2:28:46 GMT -5
After Tron is completed are there any new rides on the horizon for WDW? Splash Mtn re-do doesn't count.
The Play pavilion being cancelled / postponed will save some of it. The recently talked about re theme of FoP to the new Avatar movie might not happen. And there had been talk of adding another ride to Pandora. The Animal Kingdom development will be the big casualty. At the very least there were plans for the Primeval Twirl site, and although the blue sky plans announced at D23 weren’t green lit, they did plan to do something with that area. |
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Post by Joeli on Feb 9, 2023 7:13:30 GMT -5
Just worried about my buddy who works for Disney behind the scenes. He moved his family to Florida 3 years ago for the job. 7000 sounds like a lot. Most cuts will be from DMED…not sure what that abbreviation is for. Lol |
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Considering how long it takes Disney to get anything built, I am not expecting anything new for a long time. I hope I am wrong but not betting on it. 
