"Greedflation" at Disney?

[gmi3804]

the parks have been doing well up until recently, and at the first sign of trouble a lot of people are writing the death certificate. I think we need to give Disney the appropriate time to react, they have already started to, and i think they are going to do even more moving forward.

Companies don't make it 100 years without knowing how to react to adversity, they'll be just fine IMO.

Agreed. To wit: the reports of six hour waits for a popcorn bucket.

 

[Pooh's World]

In the case of Blockbuster though, it wasn't quite their fault. The VHS market was controlled by "rental pricing" which basically kept tapes priced too high for the average consumer to purchase when they first came out (they were about 100 bucks). Only Dinsye and family movies would be priced at a reasonable sale price (about $20) because they felt there was a market for them. This allowed Blockbuster and otehr rental chains to thrive. When DVD came out though, the studios were swayed by the arguments of the big retailers like Walmart and Best Buy to price them at an attractive level to purchase. They could encourage people to collect them since they took up less space and had more features. People no longer wanted to rent a movie for 4 bucks when they could own if for 15 or 20. I suppose Blockbuster could have adapted to become more of a seller, but they would have just been one of many in the market, and not as large as the Walmart/Target/Best Buy type places.

If you look at it that was Blockbusters fault too. Iger like arrogance by the new bean counter CEO in turning down exclusive DVD rental period which led to studios lowering price of DVDs and selling to Walmart, etc


“In June 1997, Taco Bell president John Antiocoresigned from the company to become CEO of Blockbuster.[51] Also that year, Warner Bros.offered Antioco an exclusive rental deal, seeing as DVDs were emerging as the new home video medium. Blockbuster was to have rights to rent new DVD releases for a period of time before they went on sale to the general public. The studio was to receive 40% of rental revenues in return, which was the same deal already in place for VHS rentals. Blockbuster turned the offer down, and the studio responded by lowering its DVD wholesale price in order to compete with the rental industry. Walmart seized the opportunity and in a few years surpassed Blockbuster as the studios' single largest source of revenue. Other mass retailers soon followed suit. Many began selling DVDs below wholesale price in hopes of selling more items with better profit margins as a result of the additional foot traffic in their stores. Unable to match prices, Blockbuster's business model was severely affected”

 

[Sparrow'sLady]

You are going to Disneyworld aren't you? Yes I agree with you that the value just isn't there. We have only go to California now because the magic is still there, the parks are superior, and it is much cheaper.

California is ridiculously expensive. Compare everything from flying there to flying home, it costs more to go to DLR for the same number of days and offerings (hotels, food, etc).

 

[MillauFr]

California is ridiculously expensive. Compare everything from flying there to flying home, it costs more to go to DLR for the same number of days and offerings (hotels, food, etc).

You can stay offsite at a nice place with free breakfast for < $200 a night in Anaheim. Even staying offsite you can walk to the front gate in 10 minutes. As compared with Disneyworld where even if you pay $800 a night onsite it takes longer.

 

[Pooh's World]

You can stay offsite at a nice place with free breakfast for < $200 a night in Anaheim. Even staying offsite you can walk to the front gate in 10 minutes. As compared with Disneyworld where even if you pay $800 a night onsite it takes longer.

The offsite hotels at Disneyland are literally around the Disney parks and the prices go from $120-$250 for name brand hotels.

 

[Disney Bobby]

This is what happened to the American car industry. They started cutting corners, planned obsolescence, arrogant dealers, making money off repairs. Ended up losing the market to Japan and Europe.

Or Maytag which used to make washers that lasted 20-40 years. whirlpool bought them and they stopped making the Maytag quality washers and instead put the Maytag logo on whirlpool quality washers that last only 4-5 years.

Blockbuster video same thing. Became arrogant and didn’t think they needed to adapt or please the loyal customer base.

AOL.

Maytag was the exact example I was thinking about when typing that post. I got stung by that one.

 

[Pooh's World]

Maytag was the exact example I was thinking about when typing that post. I got stung by that one.

American vacuums cleaner are another one. Hoover etc with their mediocre products and stupid bags that you had to keep buying.

Then the Brit Dyson invented his cyclone vacuum with no bag and took the market.

 

[Sparrow'sLady]

You can stay offsite at a nice place with free breakfast for < $200 a night in Anaheim. Even staying offsite you can walk to the front gate in 10 minutes. As compared with Disneyworld where even if you pay $800 a night onsite it takes longer.

Fair enough. I was speaking of an equal comparison. Disney hotel to Disney hotel. Same type of food service. Etc.

 

[drenalin'junkie]

We are close enough to do daytrips but we preferred doing the whole thing immersive for several days at a time.
Now we mix up park trips, stay offsite and keep Universal and SeaWorld top tier passes. We used to rotate passes every other year but Disney just isn't the value it was. We love the Epcot festivals and don't miss many though.

 

[MillauFr]

Fair enough. I was speaking of an equal comparison. Disney hotel to Disney hotel. Same type of food service. Etc.

Sounds good. Most people that aren't Disneyland regulars do the same. Staying onsite in Florida is a big advantage. In California not so much.

 

[Pooh's World]

We are close enough to do daytrips but we preferred doing the whole thing immersive for several days at a time.
Now we mix up park trips, stay offsite and keep Universal and SeaWorld top tier passes. We used to rotate passes every other year but Disney just isn't the value it was. We love the Epcot festivals and don't miss many though.

While Bob Iger let’s the peasants eat cake, his empire crumbles around him.

 

[gmi3804]

While Bob Iger let’s the peasants eat cake, his empire crumbles around him.

I’d hardly classify a profitable enterprise as “crumbling.”

 

[DL1WDW2]

I sometimes think about the goodold days when politicians made their final consumer protection : Breaking up the Bell Telephone monopoly …
nowadays the politicians are too busy lining their pockets to care about the voter loyalty consumer rights versus Big Powerful Corporations .

 

[DL1WDW2]

I’d hardly classify a profitable enterprise as “crumbling.”

A recent. CNN news article mentioned Disney owns the entire Freddie Mercury / Queen Music rights and might sell to Universal for a billion dollars…
Lets watch Disney sell off as much as they can get away with .
If you paid attention Disney has masterfully been selling off every possible corporate expense to Companies that want their name tied to Disney .
The only protection we have to have Disney name on Disney makes Me worry . Although I would respect Walt Disney returning to demand his name be removed .

 

[Pooh's World]

I’d hardly classify a profitable enterprise as “crumbling.”

Iger watched from his sinking Galactic Star Cruiser as his Empire fell as his greed and lack of respect continued to squeeze every last cent out of the longtime loyal Disney customers.

https://www.disboards.com/threads/first-universal-trip-for-a-long-time-disney-world-nerd.3920483/

 

[gmi3804]

Iger watched from his sinking Galactic Star Cruiser as his Empire fell as his greed and lack of respect continued to squeeze every last cent out of the longtime loyal Disney customers.

https://www.disboards.com/threads/first-universal-trip-for-a-long-time-disney-world-nerd.3920483/

The "longtime loyal Disney customers" is likely a lot smaller than you think it is.

 

[Pooh's World]

The "longtime loyal Disney customers" is likely a lot smaller than you think it is.

Do you own Disney Stock?

 

[gmi3804]

Do you own Disney Stock?

I do. Why?

 

[Pooh's World]

I do. Why?

Then it’s in your financial interest to prop up Iger and Disney on the internet. So you are not really an unbiased observer.

If I owned alot of Disney stock I would do the same thing on the internet. It’s smart.

 

[gmi3804]

Then it’s in your financial interest to prop up Iger and Disney on the internet. So you are not really an unbiased observer.

If I owned alot of Disney stock I would do the same thing on the internet. It’s smart.

I lied. I have a corporate bond. I had to look.

Your stretches of logic are simplistic. Even I am not arrogant enough to believe that what I say on an Internet travel planning Board will affect the bond's yield.