And they're squeezing every drop of profit they can get out of the parks. The quality of the offering in 2026 pales in comparison to 2006. The last 20 or so years have seen an extreme drop in perks and quality along with price raises through the nose. It's an insane business model.
Yep. They are following the same death spiral as movie theaters. Fewer people are going, so they charge more from the ones who still go to make up for it. This makes fewer people go, so they charge more to those who still go... Rinse and repeat until dead.
What exactly are Disney's profit centers at the moment? Pixar ain't it, I think.
Parks (barely) and their cruise line. Everything else is deep in the red.
And they're squeezing every drop of profit they can get out of the parks. The quality of the offering in 2026 pales in comparison to 2006. The last 20 or so years have seen an extreme drop in perks and quality along with price raises through the nose. It's an insane business model.
Yep. They are following the same death spiral as movie theaters. Fewer people are going, so they charge more from the ones who still go to make up for it. This makes fewer people go, so they charge more to those who still go... Rinse and repeat until dead.
"Death spiral" sounds so bad... In corpo groups, we prefer to call it a "positive feedback loop".
They don't need profit. The goal is to demoralize you.