To: paulmcg0 who wrote (451 ) 3/9/1998 10:49:00 AM From: RDH Respond to of 2222
I do not see much upside to Disney in the next few months. Here's my view: Live action movies: Well, this is not usually Disney's strong point, but lately -- well, pretty weak. This new one being released doesn't look like a box office smash either. I think we will see less than expected revenue in this area. Animated movies -- Not much here lately. Anastasia was okay, but not up to usual standards -- oops -- the Anastasia movie was actually Fox. Well, let's see have their been anything like BEAUTY AND THE BEAST or THE LITTLE MERMAID lately? Hunchback not quite at the same level from what I heard, but haven't seen it. I think Disney can keep re-releasing the better animated flicks and come out okay in this area -- maybe one day the will get competition from FOX, but not right now it seems. Parks -- Tornados, El Nino are just part of the picture. Universal Studios is gearing up to compete head to head with Disney in Orlando. I don't think this will cause anyone to lower admission prices, but it could mean lower attendance for each park. Good, gives us all a chance to visit this monster in conditions not quite so crowded. Also with the new hotels going in may take some guests away from Disney hotels. ABC -- This has to be a slight drag for the next couple of quarters. If you have trouble competing with CBS -- not so good. And FOX continues to get stronger and stronger with much high quality material than the other three major networks (don't count UPS as a major network yet, but that could change) Now there's the issue of what this company has been doing lately. In 1995 they get a shovel and bury Walt Disney's vision for a advanced planned community. EPCOT is now simply Epcot, another way to make money by any means. The Children movies are becoming less for children. Is this a reflection of our culture(notice how many parents drag their young children to movies like Titanic -- a wonderful movie but not for children) or is this a reflection that Disney Corp has no more regard for the well-being of children than Philip Morris? And if you have seen ALIEN ENCOUNTER at Orlando and witnessed the crying children coming out of the "attraction" you have to wonder what the long term effects are of abandoning the principles that got Disney where it is today. Sooner or later this world admiration for the Disney name, may be no more than the admiration for the name of Murdoch or Gates. - RDH