Disney first in line with spending - Hollywood Reporter, 10/31/07

[Darkbeer]

http://www.hollywoodreporter.com/hr/content_display/business/news/e3i2b399e0dbd654f9f7e90a8b5a184ffc5

Rick Munarriz, senior analyst with the Motley Fool, said Animal Kingdom before the improvements was a lot like California Adventure is now: "A half-day park with a full-day price."

Therefore, Munarriz said, Disney shareholders ought to applaud the move to upgrade California Adventure despite the hefty cost, because the alternative is unacceptable.

"It's a broken park," he said. "Most companies close down their broken parks. But Disney can't afford that kind of egg on its mouse-face."

[Ghostbuster626]

Re: Disney first in line with spending - Hollywood Reported, 10/31/07

I strongly agree

[Pressler69]

Re: Disney first in line with spending - Hollywood Reported, 10/31/07

They may be spending, but they are still very risk adverse. Carsland is basically theme park insurance. They feel that movie tie-ins are the only way to get people to visit a Disney park. It's that kind of mentality that will make DCA better, but not Disney calibur.

They are spending a billion dollars to renovate a theme park that should've been built right in the first place. What do they want, a cookie? I'm not planning to spend more money at the resort than the bare minimum it takes to actually get in. No food, no merchandise, no special event tickets, forget it. I've got to save for TDS.

[ALIASd]

Re: Disney first in line with spending - Hollywood Reporter, 10/31/07

This article was previously posted here:

http://www.micechat.com/forums/showthread.php/disney_first_line_spending-81911.html