Do You Fear For Your DVC Membership?

[The Jackal]

100% on both of these. Both were just mistakes, pure and simple.

Disney biggest mistake was buying Fox for over $70 billion. Their second mistake after buying is only using a fraction of what they got in the deal. If you’re not going to use it sell it. Now they have to spend another $11 billion for HULU. It will most likely be a stock deal, so Comcast will hold onto it till Disney stock goes back up ( it will) and sell it and double their money. There has been a lot of bad decisions made by Disney over the past 7+ years.

 

[DonMacGregor]

Disney biggest mistake was buying Fox for over $70 billion. Their second mistake after buying is only using a fraction of what they got in the deal. If you’re not going to use it sell it. Now they have to spend another $11 billion for HULU. It will most likely be a stock deal, so Comcast will hold onto it till Disney stock goes back up ( it will) and sell it and double their money. There has been a lot of bad decisions made by Disney over the past 7+ years.

I don't disagree, we were just taking about those 2 specifically.

 

[HIRyeDVC]

Nope. Galactic cruiser was a novel but terrible business idea. Lake Nona move was too. Disney+ also. Disney knows their golden geese, which are the parks. They will never leave FL or CA

 

[john7994]

The fact that Disney has canceled the headquarters move to Lake Nona is huge. From a business perspective , they are severely cash strapped right now. Just what further cuts will need to take place to generate that cash? The longer this legal feud goes on, the more Disney bleeds. There has to be some trickle down effect.

Are you wanting different answers/narratives than what you are getting?

 

[john7994]

Disney biggest mistake was buying Fox for over $70 billion. Their second mistake after buying is only using a fraction of what they got in the deal. If you’re not going to use it sell it. Now they have to spend another $11 billion for HULU. It will most likely be a stock deal, so Comcast will hold onto it till Disney stock goes back up ( it will) and sell it and double their money. There has been a lot of bad decisions made by Disney over the past 7+ years.

Comcast could use the cash as well ... like Disney ... Comcast in purchasing SKY, getting into streaming and the cost of content at NBCU are all cash burners .... not to mention continued cord cutting on video and a slowdown in broadband net adds from its core business - Then Telco providers adding FWA as an alternative to cable despite Comcast trying to be an MVNO itself (with meager profitability so far) ...

 

[cvjw]

I only worry about how high dues will go. We only have one contract left and I am very thankful that we sold the rest.

 

[BWV Dreamin]

Moving WDI to Florida was a stupid move from Day 1. Imagineering has always used the synergy between the studios and theme parks to develop new rides and attractions. Yes, there are plenty of faults here (pun intended), but Southern California remains the center of film and television production worldwide. Yes, you've seen significant diversification to places like Vancouver and Georgia, and London has had Elstree and Pinewood for decades, and you even see a good bit of filming done in Eastern Europe now, but the huge majority of pre and post-production shops, SFX houses, and sound/recording studios are still here in So Cal. Plus, you have the remaining active large film lots at Warner's, Disney, Sony, Universal, Fox, and Paramount, and smaller facilities like Amazon. If you're going to zImagineer, this is still ground zero. Moving a single division 2,500 miles away from everything synergistic made no sense whatsoever. This is borne out by the fact that the actual people who do the Imagineering were strongly against it and many quit. The Company was going to pay them to move, and continue to pay them California wages against a Florida cost of living and they still revolted.

Yes, there are technically more Disney-owned theme parks in Florida, but Disney operates theme parks globally now, and there doesn't seem to even be any blue sky plans for major expansion of theme parks specifically any time soon there. Yes, you have the "$17B investment mentioned by Eiger and D'Amaro, but Disneyland Forward seems a bit closer to reality. I think Chapek saw a chance to pay cheaper wages as existing Imagineers aged out and new creatives came in, coupled with some nice tax incentives and that those were the actual drivers of the move.

Speaking of Disneyland Forward, for a cash-strapped company they sure are going all-in, all of a sudden, on getting new approvals for utilization of land they've owned for decades now. Ken Potrock and crew will practically show up at your bar mitzvah or grad party to pitch the plan to you personally. What is the rush if they have no plans and even less money to do anything with said land/plans?

Hahaha……maybe there is a secret agenda to get out of Florida? Let’s buy the land now and slowly phase out parts of WDW and rebuild in CA. Well, we don’t know how much debt they are carrying. If they follow how the Feds handle our National debt, it won’t really matter, right? Print it and pay it back gazillion years from now.

 

[we"reofftoneverland]

Disney biggest mistake was buying Fox for over $70 billion. Their second mistake after buying is only using a fraction of what they got in the deal. If you’re not going to use it sell it. Now they have to spend another $11 billion for HULU. It will most likely be a stock deal, so Comcast will hold onto it till Disney stock goes back up ( it will) and sell it and double their money. There has been a lot of bad decisions made by Disney over the past 7+ years.

This exactly. Why did they buy Fox? They barely use it. Just an ego move if you ask me. Dumb dumb dumb. And I totally agree one bad decision after another. Your average 10 year old could probably make better decisions.

 

[BWV Dreamin]

This exactly. Why did they buy Fox? They barely use it. Just an ego move if you ask me. Dumb dumb dumb. And I totally agree one bad decision after another. Your average 10 year old could probably make better decisions.

Absolutely! OT, do you know why they won’t display our signatures? I see you have that “ red” x as well.

 

[Vulnox]

The fact that Disney has canceled the headquarters move to Lake Nona is huge. From a business perspective , they are severely cash strapped right now. Just what further cuts will need to take place to generate that cash? The longer this legal feud goes on, the more Disney bleeds. There has to be some trickle down effect.

I don't know why you think the legal feud has anything to do with their cash status, it's odd that this keeps coming up as being somehow related. DeSantis does not have enough popular following to make a noticeable dent in Disneys participation numbers in parks, entertainment, etc. The feud is irrelevant when it comes to any talk of finances. Their debt to equity ratio has dropped quarter after quarter from its peak at the start of 2020. Disney is, all things considered, just fine. Could things be better? Oh yeah, it's not all roses. But for a company reliant on foot traffic and movie theaters coming out of a pandemic, it could be worse.

The cancellation of the new HQ was the right move. Companies all over have stalled their return to work initiatives because they didn't think so many of their top talent that can easily jump ship would do so in order to remain WAH. Or in the case of those being asked to relocate from CA to FL, had to be a lot of push back. It was an enormous ask and a pretty dumb move. I bet good money that would have been cancelled with or without DeSantis, and even if Disney had the best cash flow of the companies history. Executives may be out of touch from their employees, but even they can't ignore when some of their top talent start walking out the door.

Nah, the only thing that worries me for DVC would be if they did actually make moves to relocate WDW. I think that is unlikely to the extreme, I think Disney would form it's own army and storm the Florida capital before they tried to find the amount of land they would need to make a new WDW in a location with an equally stable year-long climate and access to all the amenities needed to support the park system that wasn't already built up or owned by some investment company that would charge them half a trillion dollars to buy it. Disney took a huge gamble building WDW in the location they did and I don't think since then that land has gotten any easier to come by to make it cost effective.

 

[we"reofftoneverland]

Absolutely! OT, do you know why they won’t display our signatures? I see you have that “ red” x as well.

That’s bizarre! I didn’t know my signatures were not displayed. I usually only access dis boards on my phone and cannot see any of that for anyone. I wonder if it is a setting? I will have to look at it on a computer. An x? I cannot see it at all. Is that from moderators? I’ve definitely gotten a couple of warnings over the years since I am pretty unfiltered lol. That’s cool though. Not complaining.

 

[tom1944]

I would love to see them expand to different locations with a smaller park similar to what they had planned in Virginia.

Two parks one on the coast of Virginia, NC or SC which can tie in to their cruise business.

The other in either Arizona or New Mexico.

The parks could be based on historical events like they previously planned.

Just a dream.

 

[BWV Dreamin]

That’s bizarre! I didn’t know my signatures were not displayed. I usually only access dis boards on my phone and cannot see any of that for anyone. I wonder if it is a setting? I will have to look at it on a computer. An x? I cannot see it at all. Is that from moderators? I’ve definitely gotten a couple of warnings over the years since I am pretty unfiltered lol. That’s cool though. Not complaining.

I am on my IPad. I could see it when I went into my signatures, but when I looked at my posts it came up the same red x as yours. I’ve been playing around trying to resize another signature icon ( sorry for the hugeness!!), so I don’t think it’s anything on my end. But look at your posts. I don’t see your signatures.

 

[we"reofftoneverland]

I would love to see them expand to different locations with a smaller park similar to what they had planned in Virginia.

Two parks one on the coast of Virginia, NC or SC which can tie in to their cruise business.

The other in either Arizona or New Mexico.

The parks could be based on historical events like they previously planned.

Just a dream.

I also want to see them expand dvc. Before the pandemic they were sending out surveys asking people what locations they prefer for new dvc. I got a survey. It had places like nyc, New Hampshire, Colorado, Bahamas, if I remember— Tokyo?, Nevada— can’t remember the rest. But all I can say is awesome.

 

[BWV Dreamin]

I would love to see them expand to different locations with a smaller park similar to what they had planned in Virginia.

Two parks one on the coast of Virginia, NC or SC which can tie in to their cruise business.

The other in either Arizona or New Mexico.

The parks could be based on historical events like they previously planned.

Just a dream.

Yes, but that would cost them money they don’t have right now.

 

[TeamRiley]

If Disney leaves Florida, we are all hosed.

Not everyone. We own at VGC and Aulani. Our trips to VGC have already paid for themselves - even compared to renting points, let alone rack rates. But it doesn't really matter, I have no fear of DVC somehow going belly up and screwing everyone over. It will never happen.

 

[we"reofftoneverland]

I am on my IPad. I could see it when I went into my signatures, but when I looked at my posts it came up the same red x as yours. I’ve been playing around trying to resize another signature icon ( sorry for the hugeness!!), so I don’t think it’s anything on my end. But look at your posts. I don’t see your signatures.

I will check on computer at home and try to fix. Thanks for telling me about it! At Vero right now.

 

[tom1944]

Yes, but that would cost them money they don’t have right now.

The parks yes but they are planning to spend $17 billion over 10 years.

Would the actual hotels cost them anything? They could have Marriott build and have others built via DVC funds

 

[CarolynFH]

I will check on computer at home and try to fix. Thanks for telling me about it! At Vero right now.

It's a problem with the server your signature images were hosted on. You'll need to replace the links. Check here: https://www.disboards.com/threads/d...reated-for-all-to-enjoy.3770739/post-64817463

 

[kanerf]

The parks are doing very well. I would fire whoever is responsible for approving new films and series and get someone in there that understands the old Disney magic. Why do all of these live action re-makes? Go back to doing some good animation projects and leave the live action to the teen ordinated musicals that have done well.