- Joined
- Jan 15, 2019
What's really pulling things nice & taut for Disney is that their "bread and butter" -- the theme park experience -- is turning to dog shit. The Star Wars stuff Disney has done in-park has been fucking god-awful by all accounts. And it's not just a matter of "oh they're phoning it in because they know people will swallow it anyway" ... it seems like they're actively trying to sabotage it somehow. "How do we burn this to the ground for good?" seems to be the prevalent question on their minds.In theory, they can eat some loss at the box office by offsetting it with theme park revenue. The movies hype up the attractions, which is where they make the real money. In-person events were always the backbone of their business. However, given the sheer scale and consistency of the losses they're incurring and the dwindling numbers at their parks(poorly attended movies don't motivate as many people to put up with overpriced tickets, lodging and food in the midst of a bad economy just attend their corresponding theme park attractions. who would have guessed) even that business model is probably being pushed to the breaking point.
It seemed like they benefitted from a bit of a pull-forward effect as the return of in person events post-lockdowns gave them a bit of renewed interest 2021-2022 and got a bit cocky from it, but now that novelty has mostly worn off just in time for a string of high-profile failures on the silver screen. It really is the perfect storm they've found themselves in, one almost entirely of their own making.
It's the same for the rest of their IP's too. The themed stuff just isn't any good. Add to that skyrocketing prices, significant cuts in staffing, a sharp decline in the quality of the food & beverages they serve up in all the restaurants (cheap or fancy, doesn't matter; it's apparently all gone south in a big way in recent years), and as much as Disney fans love to pretend the company's beefs with Florida aren't impacting things, they absolutely are.
Plenty of Floridians are pissed at Disney over all that shit (and their entitled whining ever since), so locals aren't going as much, and it wouldn't surprise me if even some truly die-hard Disney lovers around the world are getting weary of visiting right now because of it. Coming out against "hey don't fuck our kids, m'kay?" legislation has been a terrible publicity fuckup for Hollywood in general, but especially for Disney. They're the world's biggest child-focused entertainment company and they're pissed about being other people being told not to fuck kids? No parent is blind to that.