Disney Execs need to take a look at what is happening to Harley-Davidson. The woke former dei CEO thought in pure financial terms and focused on short term profits by maximizing profit per bike instead of a balanced approach to encourage long term growth. Disney will fail by alienating the hard working middle class and omitting a way for them to still enjoy what Mr Disney created. Just like the motorcycle industry, the Great American Public have other options for thier amusement parks.
Disney is becoming a bad Joke. They are catering to the upper class no doubt. And putting bars everywhere is ridiculous. It’s not about the fun times anymore it’s about corporate greed !!! This place is like Six flags but charges more
Companies know who has spending options. When the wealthiest 1% of households hold over 30% of the nation’s wealth while all households at the 50% and less (reminder, 50% is the precise middle wealthy households) hold only 4% of the nations wealth. That disparity is rising as more dodges are created for multi-millionaires to skirt tax laws (i.e. ‘borrowing’ against stock portfolio at 1% interest so you never sell a stock amd pay taxes on appreciation, etc.). Billionaires pay lower effective tax rates then $60k per year teachers.
You’re talking about investment opportunities and tax policy, which is fine. Since we’re a nation of relative illiterates on both subjects. If we can get people off $8 coffee and into $8 shares of Wendy’s or other dividend stocks? Everyone wins. Except the coffee mafia.
A season pass to Six Flags, all their parks, runs around $200 and they’ve got better thrill rides and more of them. Their marketing needs to start reflecting the disparity. They’re going to benefit, if they’re smart. Silver Dollar City and Dollywood already are.
A couple years ago while watching a Disney executive on the local news local news in Orlando, They questioned another price increase and affordability. His statement was “That just means more room in the park for everyone else.” I could not believe he admitted that!
It’s not a Disney problem. It’s a broader problem in America. There is a growing rift between the wealthy and the poor in this country. And it’s going to get worse. Much worse. Corporations position themselves strategically to protect their revenues. So yes, everyone is going to cater to the rich. That’s where the money is now. Today’s economy is much much different than when Walt started the company. So the strategy is shifting. The middle class is being squeezed out of everything. That’s a bigger political problem….not a Disney corporate problem. The “American dream” is likely over.
Comments for Disney World’s New Ticket Price Limit To Ban Average Families, Adults
Ray
Ban????
No one is banning anyone. Pricing out…perhaps. Yet people still seem to be going. Attendance is down slightly, people are still going.
Paul
Disney Execs need to take a look at what is happening to Harley-Davidson. The woke former dei CEO thought in pure financial terms and focused on short term profits by maximizing profit per bike instead of a balanced approach to encourage long term growth. Disney will fail by alienating the hard working middle class and omitting a way for them to still enjoy what Mr Disney created. Just like the motorcycle industry, the Great American Public have other options for thier amusement parks.
James
Disney is becoming a bad Joke. They are catering to the upper class no doubt. And putting bars everywhere is ridiculous. It’s not about the fun times anymore it’s about corporate greed !!! This place is like Six flags but charges more
Bert
Companies know who has spending options. When the wealthiest 1% of households hold over 30% of the nation’s wealth while all households at the 50% and less (reminder, 50% is the precise middle wealthy households) hold only 4% of the nations wealth. That disparity is rising as more dodges are created for multi-millionaires to skirt tax laws (i.e. ‘borrowing’ against stock portfolio at 1% interest so you never sell a stock amd pay taxes on appreciation, etc.). Billionaires pay lower effective tax rates then $60k per year teachers.
Poncho Train
You’re talking about investment opportunities and tax policy, which is fine. Since we’re a nation of relative illiterates on both subjects. If we can get people off $8 coffee and into $8 shares of Wendy’s or other dividend stocks? Everyone wins. Except the coffee mafia.
Poncho Train
A season pass to Six Flags, all their parks, runs around $200 and they’ve got better thrill rides and more of them. Their marketing needs to start reflecting the disparity. They’re going to benefit, if they’re smart. Silver Dollar City and Dollywood already are.
Sophie H
They seems to be losing themselves they making a huge mistake making all these changes not what Walt built on
Pam
A couple years ago while watching a Disney executive on the local news local news in Orlando, They questioned another price increase and affordability. His statement was “That just means more room in the park for everyone else.” I could not believe he admitted that!
Jerry
It’s not a Disney problem. It’s a broader problem in America. There is a growing rift between the wealthy and the poor in this country. And it’s going to get worse. Much worse. Corporations position themselves strategically to protect their revenues. So yes, everyone is going to cater to the rich. That’s where the money is now. Today’s economy is much much different than when Walt started the company. So the strategy is shifting. The middle class is being squeezed out of everything. That’s a bigger political problem….not a Disney corporate problem. The “American dream” is likely over.