Comments on: Disney Parks continue to perform well, but when will that means something to us? http://www.mouseextra.com/2008/02/06/disney-parks-continue-to-perform-well-but-when-will-that-means-something-to-us/ Feeding the Disney fixation daily Thu, 04 Dec 2008 06:48:26 +0000 http://wordpress.org/?v=2.6.3 By: John from TheDisneyBlog.com http://www.mouseextra.com/2008/02/06/disney-parks-continue-to-perform-well-but-when-will-that-means-something-to-us/#comment-2306 John from TheDisneyBlog.com Wed, 06 Feb 2008 16:27:38 +0000 http://www.mouseextra.com/2008/02/06/disney-parks-continue-to-perform-well-but-when-will-that-means-something-to-us/#comment-2306 I think it's obvious that Disney C level executives view theme parks mostly as cash cows. Start running the numbers on the daily gate take for WDW or DL and you'll quickly become staggered by the amount of money the parks take in each day just via admission media. It's not exactly printing money like Las Vegas style Casinos, but it's close. I do want to point out that Staggs isn't the first CFO to focus on labor hours as a source of increase profits for the Mouse House. Disneyland invented that back in 1955 (read Window on Main Street by Van France or the Roy O Disney biography "Building A Company"). The post 1991 Disney managers have just refined it to the point where each business unit is individually adjustable, down to the churro cart or turnstile. I think it’s obvious that Disney C level executives view theme parks mostly as cash cows. Start running the numbers on the daily gate take for WDW or DL and you’ll quickly become staggered by the amount of money the parks take in each day just via admission media. It’s not exactly printing money like Las Vegas style Casinos, but it’s close.

I do want to point out that Staggs isn’t the first CFO to focus on labor hours as a source of increase profits for the Mouse House. Disneyland invented that back in 1955 (read Window on Main Street by Van France or the Roy O Disney biography “Building A Company”). The post 1991 Disney managers have just refined it to the point where each business unit is individually adjustable, down to the churro cart or turnstile.

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