Originally Posted By Sport Goofy << I dunno how they manage to stay in busines only charging $30 for a character breakfast. Do you realize that profit on that is only about 93%???!!! >> The profit margin for the theme parks division ran about 18% before the economic downturn. Of that profit, essentially all of it was pumped back into the business as capital investment. If Disney expensed capital investment as an operating expense that affected the bottom line, the profit margin would be less than 5%.
Originally Posted By Sport Goofy << Bull. Disney wasn't about to be bought out by anyone. >> Do you live in some alternate universe? Movie studios are constantly being bought and sold, and there was a flurry of this sort of activity through the 90s. Every single studio except Disney was subject to a corporate takeover, some more than once. Wall Street has consistently had its eye on the Disney company as a takeover target because the bankers have long coveted the cash flow that exists there. In case you haven't been paying attention to the news, Universal is about to be sold off again. This time to Comcast, and I'm sure you don't need to be reminded about the Comcast takeover bid for Disney about 5 years ago.
Originally Posted By Spyderman >>(and the fanbois are getting better ... they're all foamed up about LoW being killed at EPCOT with only my pal JT making excuses and no one is buying them ... they've even been posting on the Disney Blog itself about it ...)<< jt is a republican. it is his duty to defend bad decisions
Originally Posted By MousDad Looks like the "track cleaning only" SM refurb might be a little more than that. Even if only a little. Kudos to Disney for the tease. Hopefully there's even more in their hand than what they've shown.
Originally Posted By MPierce >> jt is a republican. it is his duty to defend bad decisions << How in the world can you decide someone's political affiliation by their post about WDW. If you persit in trying to inject politics into your statements, life is going to become miserable for you here. I can guarantee it. Now, you make the call.
Originally Posted By MPierce >> Looks like the "track cleaning only" SM refurb might be a little more than that. Even if only a little. Kudos to Disney for the tease. Hopefully there's even more in their hand than what they've shown. << What am I missing MousDad?
Originally Posted By MPierce >> They're just a bunch of Hannah Montanta loving poopy-heads! << Double poopy-heads! >> Funny how it really hasn't been THAT controversial here. Of course, we also don't have threads dedicated to restrooms and planters and new Space Mountain signage ... maybe you should start some? << I would, but nobody would respond over here. LP is a completely different kind of animal to wdwmagic. I do enjoy looking at all the pictures over there though. It does get kind of hard weeding through all the post to get to the meat of the matter sometimes, but it gives me something to do. Plus there are a lot of informed, and friendly people over there. >> Well, I don't want to take shots at the mods over there when I am over here, but I love that I get special Spirited treatment ... she was all up in arms over me writing a three-letter word for butt because God forbid that someone reads that awful word. But someone 'outed' my lapdog's real world identity and I believe it's still sitting there. If I were Steve, it would be gone immediately because someone can sue his ...well ... ASS! << I don't consider that as taking a shot. Just stating a fact. That is opinion you have openly expressed at that sight. >> Mrs. Pierce says that when she said '12' she was referring to your IQ! << Well....she did tell me Mensa wouldn't be calling me anytime soon. >> (OK, that may have been a low blow considering that you are the loyal minion there ... but it was so easy ... and me and the Mrs. do talk about you daily ... oh, wait, she's texting me now!) << She is a texting freak alright. I can't text because I have dyslexic fingers.
Originally Posted By MousDad ^^ <a href="http://disneyparks.disney.go.com" target="_blank">http://disneyparks.disney.go.com</a> 2nd post down. (11/10)
Originally Posted By MPierce ^^^I'm missing something MousDad. I'm just getting a page to plan my dream vacation. No forum posts at all.
Originally Posted By MousDad Okay, what's one teensy word, lol: <a href="http://disneyparks.disney.go.com/blog/" target="_blank">http://disneyparks.disney.go.com/blog/</a> 11/10 post about the SM queue.
Originally Posted By oc_dean >>120 NEW! Spirit of 74 Mon 11/9/2009 8:22p <<You should also crunch the numbers for return on investment in theme parks. Billions are spent on capital expenditures each year without any gain in park profitability beyond the normal pace of inflation.>> Yep. Parks should go out of business. They're an awful business. What a drag they've been over the years. <<<< You know Spirit ... no matter how many times posters try to defend Disney by stating info they probably get out of a newspaper, such as: "The profit margin for the theme parks division ran about 18% before the economic downturn ... [blah, blah] .... If Disney expensed capital investment as an operating expense that affected the bottom line, the profit margin would be less than 5%. " ... and more "blah, blah" I just laugh it off. I've been told by a top executive or two, the parks are a cash cow, and make the co. a HUGE load of money. A poster going through newspaper or financial magazine clippings have less punch over actual executives whispering into my ear how much the co. is really making on the theme parks!
Originally Posted By oc_dean And since when should people believe everything they read? So, huge companies don't "modify" their own figures .. and give the public, POSSIBLY, mis or semi-misinformation?
Originally Posted By Sport Goofy << I've been told by a top executive or two, the parks are a cash cow, and make the co. a HUGE load of money. >> If only they didn't have to put all of that cash back to work building new things, that would be true. I imagine that 3 out of 4 Disney executives don't understand their own company's cash flow statement.
Originally Posted By Sport Goofy << So, huge companies don't "modify" their own figures .. and give the public, POSSIBLY, mis or semi-misinformation? >> That would be a felony crime. If you think Disney is lying on their financial statements, you should report them to the SEC. Sarbanes-Oxley makes the penaties for that sort of behavior very severe.
Originally Posted By vbdad55 >> I wonder what/who else is buried on the ranch ... and I thought his ranch was in Midland? << <<Nope, it's in Crawford outside of Waco.>> I guess I need a Texas geography class. I hear the state is the hottest destination for retirees these days (not a joke). ------------- sure it is - no state income tax... Del WEbb cleaning up-- have a cousin who retired near Austin--moved from Chicago
Originally Posted By blueharvest82 i am going to admit, i did not read the 150 posts, so i am sure this was mentioned a couple of times. 40th anniversary 2011-star tours 2, fantasy land expansion 2012, 2013. also disneys money is going to 2 cruise ships, a 1 billion dollar expansion that starts to open in DCA in 2010 with world of color, shangai disneyland in 2014, and the hong disneyland expansion. this may not be wdw in 2010 but its all coming out of the same wallet. if you want new and and exciting in 2010 visit universal's island of adventure and visit the wozarding world of harry potter which was concieved bya gentleman that now works with disney imagineering.
Originally Posted By MPierce >> sure it is - no state income tax... Del WEbb cleaning up-- have a cousin who retired near Austin--moved from Chicago << He probably got a comparable house for about 60% of what it cost in Chicago.
Originally Posted By MPierce Thanks for the link. It does sound like a little more than folks were expecting. That's always a good thing. Disney seems to be caught up in this interactive queue thing. I really wonder how that will pan out long term. Maybe -em can drop by the MK if they have cast previews, to give us a heads up with her opinion.
Originally Posted By vbdad55 >> sure it is - no state income tax... Del WEbb cleaning up-- have a cousin who retired near Austin--moved from Chicago << He probably got a comparable house for about 60% of what it cost in Chicago. less than 50% comapred to the area he lived in here- and his property taxes are 25% of what they were here. In the western burbs wherehe ( and I ) lived - property taxes on a $500K house are over $15000 per year he's living the good life now
Originally Posted By Socrates "Yep. Parks should go out of business. They're an awful business. What a drag they've been over the years." I'm sure they do reasonably well now. But does anyone want to speculate on their long-term future? Socrates "The unexamined life is not worth living."
