45 lines
1.9 KiB
Plaintext
45 lines
1.9 KiB
Plaintext
From rssfeeds@jmason.org Mon Oct 7 12:05:28 2002
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To: yyyy@spamassassin.taint.org
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From: boingboing <rssfeeds@spamassassin.taint.org>
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Subject: 9/11, war in Iraq threaten Disney parks
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Date: Mon, 07 Oct 2002 08:00:23 -0000
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Content-Type: text/plain; encoding=utf-8
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URL: http://boingboing.net/#85531557
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Date: Not supplied
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Disney's themepark business is in deep trouble in the post-9/11 world. A war
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with Iraq could really kill 'em:
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While aggressively adding attractions, Disney boosted its profit by
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steadily raising admission prices. The strategy worked, helping deliver
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record profit for Disney year after year.
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"The strategy was build, build, build. Every year there was something new,"
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said David Koenig, a Disney historian and author. "It was an astounding
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growth period.... Now they're overexposed."...
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Theme park operating income for Disney this year is expected to fall 27% to
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$1.16 billion, said Prudential Securities analyst Katherine Styponias. By
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2003, she said, the business could climb to $1.49 billion, depending on
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whether the U.S. goes to war with Iraq.
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Link[1] Discuss[2]
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[1] http://www.latimes.com/business/la-fi-disney6oct06,0,1287712.story?coll=la%2Dheadlines%2Dbusiness%2Dmanual
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[2] http://www.quicktopic.com/boing/H/iewxPJy39cF7
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