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Post by tomandrobin on Jan 22, 2024 9:01:58 GMT -5
Currently, Disney is building no new rides, no new parks, no new attractions. All they have done is shared some "possible" expansions and additions.
In the US parks perhaps. But at DLP building is underway. The Studios expansion is active with a lake being dug out, two lands and one that is to be confirmed wrt theme but definitely happening. And I think Tokyo has more happening now. Toyoko is not using Disney money. I had forgotten about DLP, which is not hard to do. |
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Post by helenabear on Jan 22, 2024 9:13:18 GMT -5
In the US parks perhaps. But at DLP building is underway. The Studios expansion is active with a lake being dug out, two lands and one that is to be confirmed wrt theme but definitely happening. And I think Tokyo has more happening now. Toyoko is not using Disney money. I had forgotten about DLP, which is not hard to do. And oddly they seem to have been doing much better with improvements than in the United States. |
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Post by brp on Jan 22, 2024 11:19:34 GMT -5
In the US parks perhaps. But at DLP building is underway. The Studios expansion is active with a lake being dug out, two lands and one that is to be confirmed wrt theme but definitely happening. And I think Tokyo has more happening now. Toyoko is not using Disney money. I had forgotten about DLP, which is not hard to do. I find investment in a Tokyo amusement park to be an interesting idea. Japan has oldest population of any country (not counting tiny places with like 3 people) and they're aging. There are some predictions of the eventual end of the Japanese people, sort of.
Cheers.
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Post by nickys on Jan 22, 2024 11:47:35 GMT -5
I guess as far as DLP goes, Disney have been pushing forward with improvements since taking over full ownership. It’s more important to them now than it was.
Even so, the Studios were meant to be opening the full expansion with Arendelle, Galaxy’s Edge and the Tangled area around the new lake by next summer. Covid wrecked those plans, just like at WDW. But the difference is at DLP they used the time to work on the landscaping, painting and general upkeep. So much so it got the WOW from many visitors.
They even have benches, everywhere!
But the head of live entertainment has moved back to Orlando. If nothing else that should be good news for all WDW fans. Whether he’s allowed to follow through or not remains to be seen. The ball is in WDW’s court.
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Post by baymaxfan on Jan 22, 2024 12:00:23 GMT -5
Toyoko is not using Disney money. I had forgotten about DLP, which is not hard to do. I find investment in a Tokyo amusement park to be an interesting idea. Japan has oldest population of any country (not counting tiny places with like 3 people) and they're aging. There are some predictions of the eventual end of the Japanese people, sort of.
Cheers.
Go to Tokyo Disney and you will see why. The place is packed. They don't need the whole country (or city of Tokyo) to go, just enough to fill the parks. |
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Post by brp on Jan 22, 2024 12:12:06 GMT -5
I find investment in a Tokyo amusement park to be an interesting idea. Japan has oldest population of any country (not counting tiny places with like 3 people) and they're aging. There are some predictions of the eventual end of the Japanese people, sort of.
Cheers.
Go to Tokyo Disney and you will see why. The place is packed. They don't need the whole country (or city of Tokyo) to go, just enough to fill the parks. True now. I'm thinking going forward.
As to visiting...if I'm in Japan, high on the list of places I will not be visiting is an amusement park  Same for France or Shanghai.
Cheers.
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Post by baymaxfan on Jan 22, 2024 12:24:22 GMT -5
Go to Tokyo Disney and you will see why. The place is packed. They don't need the whole country (or city of Tokyo) to go, just enough to fill the parks. True now. I'm thinking going forward.
As to visiting...if I'm in Japan, high on the list of places I will not be visiting is an amusement park Same for France or Shanghai.
Cheers.
Totally understand that, but Tokyo Disney is, arguably, a cultural experience. The vast majority of visitors are Japanese and the culture is on full display. You will see guests behavior there like nowhere else - order, respect, and quirky all together in one! And, IMO, the most beautiful theme park of all is there - DisneySea. |
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Post by brp on Jan 22, 2024 12:27:45 GMT -5
True now. I'm thinking going forward.
As to visiting...if I'm in Japan, high on the list of places I will not be visiting is an amusement park Same for France or Shanghai.
Cheers.
Totally understand that, but Tokyo Disney is, arguably, a cultural experience. The vast majority of visitors are Japanese and the culture is on full display. You will see guests behavior there like nowhere else - order, respect, and quirky all together in one! And, IMO, the most beautiful theme park of all is there - DisneySea. This is a good point, and something I've read here several times about the park. Having worked for a Japanese company and visited Japan a number of times, the culture is something I know, and appreciate.
They were wearing masks when sick (along with other Asian cultures) long before the pandemic made the rest of the world realize that this might be a good and considerate idea.
And subways, as compared to New York, are something else.
I can imagine TDL being interesting.
Cheers.
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Post by maxsdad on Jan 22, 2024 14:16:28 GMT -5
Late to this, but not clicking the link because Inside the Magic has become a trashy clickbait site that is not to be relied upon. There's an entire episode of the Marty Called podcast (dated 12/29/2023) titled "2023 ITM Year in Review" that shares some of the most misleading, garbage headlines shared on that site.
However, I'm fully onboard with the notion that WDW desperately is in need of capital investment.
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Post by rowrbazzle on Jan 22, 2024 20:39:31 GMT -5
Currently, Disney is building no new rides, no new parks, no new attractions. All they have done is shared some "possible" expansions and additions.
In the US parks perhaps. But at DLP building is underway. The Studios expansion is active with a lake being dug out, two lands and one that is to be confirmed wrt theme but definitely happening. And I think Tokyo has more happening now. Yeah, but I don't go to those parks so what good does that do me? 😛😂 |
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Post by henrycpa on Jan 23, 2024 7:26:09 GMT -5
Disney recently announced an investment of $60bn in parks worldwide. The headline is a lot more exciting than the reality. Here's the full quote: "The Walt Disney Company is developing plans to accelerate and expand investment in its Parks, Experiences and Products segment to nearly double capital expenditures over the course of approximately 10 years to roughly $60 billion, including by investing in expanding and enhancing domestic and international parks and cruise line capacity." $6 billion a year in capital expenditures spread out over all Disney Parks and their cruise line doesn't translate into a massive influx of expansion in Orlando. It depends on what that 5th gate is. For years Disney fans have been clamoring for more Villains' and a Villain's or "Dark Park" would give Disney the chance to access a different demographic, namely teens and young people looking for a more thrill type of experience. Bigger faster thrill rides, Open at noon and open to midnight every night. Dark Characters. It is an angle and a demographic Disney has ignored for far too long. And that type of space really does not belong in the existing Disney parks at WDW. It is not a "New Land". It is a whole park theme. |
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Post by henrycpa on Jan 23, 2024 7:33:36 GMT -5
I do not like they way they are calling the $60 Billion "Investments".
When it is going to salaries and what I think of as normal operating expenses it is not an investment.
An Investment is in Capital items such as buildings, rides, attractions. Things that can be depreciated. To stay equal with where they are at today Disney needs to be investing in capital equal to its current annual capital depreciation plus inflation. That is to stay even, not expansion.
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Post by tomandrobin on Jan 23, 2024 8:29:44 GMT -5
I do not like they way they are calling the $60 Billion "Investments". When it is going to salaries and what I think of as normal operating expenses it is not an investment. An Investment is in Capital items such as buildings, rides, attractions. Things that can be depreciated. To stay equal with where they are at today Disney needs to be investing in capital equal to its current annual capital depreciation plus inflation. That is to stay even, not expansion. No explanation or breakdown of the $60 Billion is the red flag to me.
Its just corporate/PR speak to appease the masses. They might spend $60 billion or not, only over time will we know. We might get an AK and MK expansion or not.
There are lots of clouds in Disney's immediate future. Disney recently paid Comcast $8.6 Billion for Hulu and still owes them more money. The Movie side of Disney has been a disaster the past couple of years. ESPN and legacy media is sucking money. Disney+ is still a money loser.....$10Billion plus do far.
I am sure something will happen in the parks. Ten years is a long time not to add anything. How much we will see at WDW is anyone's guess.
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Post by brp on Jan 23, 2024 10:13:41 GMT -5
I do not like they way they are calling the $60 Billion "Investments". When it is going to salaries and what I think of as normal operating expenses it is not an investment. An Investment is in Capital items such as buildings, rides, attractions. Things that can be depreciated. To stay equal with where they are at today Disney needs to be investing in capital equal to its current annual capital depreciation plus inflation. That is to stay even, not expansion. I am sure something will happen in the parks. Ten years is a long time not to add anything. How much we will see at WDW is anyone's guess.
Given that a major expansion and re imagining of the center of Epcot is underway and making good progress, I have some idea of some of the improvements we'll be seeing.
Cheers.
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Post by tomandrobin on Jan 23, 2024 11:49:26 GMT -5
I am sure something will happen in the parks. Ten years is a long time not to add anything. How much we will see at WDW is anyone's guess.
Given that a major expansion and re imagining of the center of Epcot is underway and making good progress, I have some idea of some of the improvements we'll be seeing.
Cheers.
I don't think the current Epcot renovation is part of the $60 Billion.
......And I hope not!
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