Thats a good point. A new footprint would be nice to spread things out. . . .
You're confusing what would be good for guests with what would be good for Disney.
A theme park like the Magic Kingdom costs about the same amount to operate whether there are 30,000 guests on any given day or 40,000 guests. All of the minimum positions still need to be filled--security, gate attendants, ride attendants, performers, etc.
So which do you think is more profitable: The MK attracting 30K or 40K?
Obviously it's the latter. From Disney's perspective--an economic perspective--there's just no reason to build and operate another gate just to thin out the crowds. Disney doesn't want 5 minute wait times. The want parks packed with guests prepared to empty their pockets.
Most certainly they would make more profits for the bottom line. Same for when they built Animal Kingdom, and same for Mgm before it was built. You don't build something and sell a profit for overhead and expenses?! You build for profits.
You're still missing the big picture.
Think about what you spent for your last Disney trip. Let's say $2000 just for the sake of argument. If Disney opens a 5th gate their expenses would grow by roughly 25%. Are you going to increase your spending by 25% to make that park profitable? Are you honestly going to go from spending $2000 per trip (or whatever the figure may be) to $2500 per trip?
Unless a new park generates ADDITIONAL business, there's no justification for it. If it simply prompts you to spend one less day at the Magic Kingdom, Disney hasn't brought in any new revenue. Your money is simply being shifted from the Magic Kingdom P&L to the 5th gate P&L.
Yes the 5th gate would make money, but the other parks would simultaneously become
less profitable.
So essentially I think that it would be great to have a new park. Are there logistics to work out. I am sure, not for us dis-ers to have to worry about.
Most of us think it would be great to have a new park. But it just ain't happening.
Disney went 11 years between MK and Epcot...7 years between EP and DHS...9 years between DHS and DAK. It's now been 14 years since the last WDW park opening with no activity in sight.
Michael Eisner was an ego-maniac who often used the theme park division as his own personal playground. His reign was great for the parks (DCA notwithstanding) because he typically made decisions without running them past an army of accountants and statisticians. He approved theme parks, water parks, tens-of-thousands of hotel rooms...all without any real idea of how such additions would impact the bottom line.
Today such decisions are much more calculated.
Don't mistake the Walt Disney Company of the 80s and 90s with TWDC of 2012. If Bob Iger had been in charge of TWDC in the mid-90s, Animal Kingdom wouldn't have even been built.