Shareholder Turnout

Discussion in 'Disney Rumors and News' started by Sarangel, Mar 20, 2003.

  1. Sarangel

    Sarangel <font color=red><font color=navy>Rumor has it ...<

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    This from the Rocky Mountain News:
    I think it's sad that Eisner doesn't know the parks very well, as evidenced by this comment: "Next time you come to Disneyland, demand 'a bug's land.' " Doesn't he know that A Bug's Land is in DCA? Or is it some cryptic message that indicates the two parks will be combined? Only the Shadow knows....

    Sarangel
     
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  3. lrodk

    lrodk <font color=009900>No one is immune to the TF's in

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    Sara, Mr Eisner has been notorious of late for not getting his facts theme park facts straight at analyst meetings. During one such quote from last year's meeting Eisner tried to justify DCA's lackluster attendance in the following quote:


    quote:
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    I think that even if you look back at DL it didn’t really take off, from 3 to 10 million in attendance, until Space Mountain was put in. Same thing in Europe.
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    This phrase demonstrates perfectly just how out-of-touch Mr Eisner is with the parks. You would think he'd know the ins and outs of a division that accounts for over 30% of the company's revenues.

    I looked back at DL's numbers and even double checked Disneyland Paris' since he lumped them together.

    Disneyland reached the 10 millionth guest mark at the end of 1957, just two years and three months after opening. By the time Space Mountain opened in 1975 DL had drawn close to 150 million guests(avg of 7.5 million per year). Space Mountain did not open until 1977, thus having little impact on attendance prior to that.

    Disneyland Paris' numbers were even more impressive. In it's first year of operation(1992), after haven opened in April, DLP drew 10 million guests, without the benefit of Space Mountain. Essentially they went from 0 to 10 million right off the bat. Attendance slumped by 2% the second year, compounded with an 8% slump in 1994. This prompted the developement and subsequent opening of the souped-up Space Mountain in May of 1995. Attendance went from 8.8 million in 1994(it's weakest year) to 10.7 million in 1995( a 22% increase). While SM had a dramatic affect on attendance in 1995, it did not take off from "from 3 to 10 million" as a result.

    Someone should slap a dunce cap on Eisner and make him sit in a corner for a while
     
  4. Sarangel

    Sarangel <font color=red><font color=navy>Rumor has it ...<

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    Further evidence, as if we needed it, that M. Eisner is past due for his retirement party.

    Sarangel
     
  5. lrodk

    lrodk <font color=009900>No one is immune to the TF's in

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    He seemed to be fumbling the name of AK's new coaster, an attraction that had already been drawn out and fully conceptualized and could be unveiled as early as next month. He called it "Himalaya-something", but couldn't be sure. When it comes to mixing up details of the parks, Eisner at times comes across as the Al Gore of the corporate world. He just can't get his facts straight. It's one thing for laymen like us to mix things up every now and then. But for someone in his position, with the amount of inside information at his disposal, and the time to prepare for these meetings in advance, there's little excuse.
     
  6. Luv2Roam

    Luv2Roam Dexter: Takes Life. Seriously.

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    Gee -- I was thinking the same except the Ronald Reagan of the corporate world. ;)
     

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