Another Voice
Charter Member of The Element
- Joined
- Jan 27, 2000
Fun with numbers
..
Epcot used to pull near Magic Kingdom numbers, but things went south several years ago. The erosion at Epcot is that the park has not been kept up-to-date. That was not only the key business concept of the park but written into the sponsorship agreements as well.
In the deals, every Future World pavilion was to receive a make-over every ten years. The Tomorrowland problem was well known (the future keeps catching up) and even in the dark, dimly lit ancient days of 1982 people understood that technology would change.
So along comes 1992 and the expiration of the sponsorship agreements. What started as a mechanism to insure that Epcot was fresh and interesting is suddenly seen as a PROFIT CENTER. Yes, Disney now wants to turn a hefty profit on the deal itself, not just on happy smiling guests.
Naturally, any CEO is going to have an interesting time trying to explain why this cartoon company is suddenly demanding $150 million just to keep their sign on some amusement park ride. Many participants simply bailed General Electric, United Technologies, Unisys, Kraft. Others simply hemmed and hawed for delay after delay while Disney did nothing to enhance their pavilion (like AT&T). Others got a minor makeovers like Energy (Exxon) and The Land (paid for by a new sponsorship from Nestle which in turn was a booby prize for the Switzerland Pavilion). Seas, without any sponsor, rots in place. Only General Motors opted for the full bang and THATS a story all on its own.
The result is that Epcot is filled with shows that should have been replaced a decade ago. Its gone stale and the public sees that. Mission: Space will help a little, but as a park Epcot needs more than just one ride every ten years. Its little wonder why the attendance has been falling.
On Tokyo Disneyland, the resort is built on landfill in Tokyo Bay. There is no room left for a third major theme park. The notion about crazy Japanese throwing money is nothing but a lie thrown out to the analysts. The greater merchandise spending in Japan (usually on small gift items) is offset by Americans spending more on meals and hotel stays. Anyone trying to say that people buying rice candies with Mickey Mouse on the wrapper offsets the profit margin on a $200 a night motel room needs to find another excuse.
The other simple fact is that Tokyo is in a hugely competitive market and so they spend money to constantly improve and add to the parks. Quality wins out in the end.
P.S. Rumors say that Nestle is bailing out of their argeement as well. At least the Annual Pass holders get a nifty new lounge out of that business problem.
Epcot used to pull near Magic Kingdom numbers, but things went south several years ago. The erosion at Epcot is that the park has not been kept up-to-date. That was not only the key business concept of the park but written into the sponsorship agreements as well.
In the deals, every Future World pavilion was to receive a make-over every ten years. The Tomorrowland problem was well known (the future keeps catching up) and even in the dark, dimly lit ancient days of 1982 people understood that technology would change.
So along comes 1992 and the expiration of the sponsorship agreements. What started as a mechanism to insure that Epcot was fresh and interesting is suddenly seen as a PROFIT CENTER. Yes, Disney now wants to turn a hefty profit on the deal itself, not just on happy smiling guests.
Naturally, any CEO is going to have an interesting time trying to explain why this cartoon company is suddenly demanding $150 million just to keep their sign on some amusement park ride. Many participants simply bailed General Electric, United Technologies, Unisys, Kraft. Others simply hemmed and hawed for delay after delay while Disney did nothing to enhance their pavilion (like AT&T). Others got a minor makeovers like Energy (Exxon) and The Land (paid for by a new sponsorship from Nestle which in turn was a booby prize for the Switzerland Pavilion). Seas, without any sponsor, rots in place. Only General Motors opted for the full bang and THATS a story all on its own.
The result is that Epcot is filled with shows that should have been replaced a decade ago. Its gone stale and the public sees that. Mission: Space will help a little, but as a park Epcot needs more than just one ride every ten years. Its little wonder why the attendance has been falling.
On Tokyo Disneyland, the resort is built on landfill in Tokyo Bay. There is no room left for a third major theme park. The notion about crazy Japanese throwing money is nothing but a lie thrown out to the analysts. The greater merchandise spending in Japan (usually on small gift items) is offset by Americans spending more on meals and hotel stays. Anyone trying to say that people buying rice candies with Mickey Mouse on the wrapper offsets the profit margin on a $200 a night motel room needs to find another excuse.
The other simple fact is that Tokyo is in a hugely competitive market and so they spend money to constantly improve and add to the parks. Quality wins out in the end.
P.S. Rumors say that Nestle is bailing out of their argeement as well. At least the Annual Pass holders get a nifty new lounge out of that business problem.