Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Wednesday, July 3, 2013

Forecast, Extended Reign…








It looks like Bob Iger is going to be around a few more months than expected…

Those of you that haven't seen it yet, the news came out yesterday that Bob Eiger will retain his CEO title in addition to his chairman title until the expiration of his contract in 2016.  Originally, he was supposed to relinquish the CEO title in April 2015, while retaining the chairmanship title until the expiration of his contract in 2016.  Now they both will end together.  This means his leadership will not be split, and it also gives him and the board more time to decide on a successor.

It's going to be a difficult position, many people will be vying for that title as I mentioned in a previous post.  Right now, the odds on favorite is Tom Staggs, but other powerful people are still in the running.  This includes two people who weren't even at the company a year ago, Kathleen Kennedy and Alan Horn.  Lastly, there is the Dark Overlord, Jay Rasulo.  Let's cross our fingers that that one doesn't happen.

So what does all this mean?  Well, it means that Iger will be there through the end of his contract, and the players have a little more time to show their worth.  Three years worth.  That's a long time in the entertainment business, a lifetime compared with any other.  It'll be interesting to see how the jockeying goes over the next couple of years.  The CEO and Chairman of the largest entertainment company in the world is leaving it in an even bigger position that it was under Eisner.  His successor will have to do a lot of shuffeling to compete in this global market that entertainment has transformed into over the last decade.  The world is a lot different than it was at the beginning of this century.

Even the Disney World

Wednesday, May 8, 2013

Mouse EARnings...













The Mouse seems to be doing quite well on Wall Street...

Yesterday, the Walt Disney Company released its second quarter earnings report to investors and the world.
And they beat expectations:





- Earnings were up 36 percent over the previous year.

- Net income went up 32 percent from a year ago.

- Media Networks had a 6 percent turnover.

- Studio Entertainment was up 13 percent.

- Parks and Resorts rose 14 percent.

- Consumer Products increased 12 percent ahead of 2012.

- Interactive (the Achille's heel of the Mouse) even was up 8 percent (Now if they'd only change their gaming strategy and buy a big name company.).

All in all, the investors are really happy with the direction of the company.  Critics may not agree with Iger's decision to acquisition his talent, but it's effect on the bottom line is boosting prospects for the company.  While parts of the entertainment giant have languished over periods of the past decade, the idea of bringing in successful talent to shore up the lack of creativity has/will produce results that put smiles on investor's faces.

It's a much more solidified/lean/dominating behemoth that Bob Iger plans on leaving his successor...

Tuesday, January 15, 2013

To Infinity And Beyond...

Gaming fail...

 The Mouse's most disappointing division is gaming...

The least profitable division after that one is the film studio, and it made a profit in the hundreds of millions.  But not the gaming division.  It suffered a very large loss, and it has been bleeding money over the past four or five years.  It's the one area that the Walt Disney Company hasn't got a grasp on.  Part of it has to do with gaming strategy, and part has to do with the companies that Disney purchased as it tried to buy its success.

That may have worked in film, but it hasn't in gaming.  Mainly, because the companies that it looked into getting weren't of the same caliber in games as Pixar, Marvel or Lucasfilm are in films.  Disney Interactive has been struggling to find a path to that elusive success.  One of the new directions that it's planning on heading is with a new strategy that is the focus point of a game called: "Disney Infinity" that comes out later this year.

It basically lets you blend into different worlds of the Disney empire (Pirates, Animation, etc.), and go on adventures that immerse you in those experiences.  There are plans to spread it out across multiple platforms, and numerous levels.  If you'd like to see what it'll look like, click here.  Of course, this doesn't address all, or most of what is wrong with the gaming division, but it could be a path to profit.  Not the only one, but one.

But Iger and his Suits need to take a look at what he could have bought, and buy them...

Wednesday, January 9, 2013

New World Order...

The world is not enough... 



















Well that didn't take long...

Less than a week, actually.  So George Kalogridis is really going to the Florida Project.  Which is a very good thing for Florida.  It means the standards there will rise dramatically.  Hopefully he brings some of his own team and brushes away much of the deadwood that resides in the Team Disney Orlando building.

But I expect a lot from Walt Disney World now that he's in charge.  He's human, so I don't expect him to be able to move mountains.  It's a huge bureaucracy that he'll have to maneuver though, but he should be able to clear a lot of the obstacles and start having incremental, positive steps.  And each step forward is a good thing.

Now, as for Micheal Colglazier, I'm not of a particular opinion on him.  I don't know him as well, I haven't met him, and don't want to color it, casting a negative light on him before he's even gotten a chance to show us what he can/will do.  He was one of two people who I heard were up for this.  The other one, unfortunately couldn't get out of contractual obligations, and wasn't able to take the job.  Micheal is apparently well liked by the Cast Members at Animal Kingdom, and so far what I hear sounds like he's a talented and sociable suit.  Time will tell how he does as the head of the Disneyland Resort.

I know many people are upset about the "Avatar" reference that was applied to his name, but that truly came from higher-ups.  He had nothing to do with it other than endorsing it, which is about all he could do at the time.  DAK has been in kind of a frozen state over the past five years and he's been there, so the best that can be said is he didn't let it go downhill during his time there.  No astounding news or breakthroughs, no major challenges or surprises.  He seems to be a safe bet.

It'll be interesting to see if Stagg and Iger's bet pays off...

Friday, January 4, 2013

Mouse Playing Games With Us...

To infinity and beyond... 



One of the few areas that the Walt Disney Company hasn't had success is gaming...

Unlike Warner Bros. whose success with Warner Games is well known, the Mouse has had trouble making a substantial footprint in this growing arena of entertainment.  The companies that have made up Disney Interactive have failed to leverage the powerful brands at their disposal, or even inspire new franchises, much less innovative game play or improve gaming quality.  Part of that is strategy, and part is simply not having purchased the right companies (a post for another day).

But could Disney have another plan?  A more grand plan?  One that involves not just creating games, but what plays them as well?  And not only that, but could they be working with the Fruit Company?  According to an article on the website Patently Apple, Disney has filed for a patent that just might be tangible proof that they're planning on entering the console gaming field.

Now, it is not an easy field to enter and succeed at.  Microsoft and Sony still report losses on their hardware, but make up for it with their licensing of games for their consoles.  Disney has plenty of properties that they can mine by making exclusive to a proprietary console.  But their games under Disney Interactive have been rather lacking in the potential they have, and the results they've achieved.  I wish Iger would have the same desire to go after gaming companies the way he goes after film properties (Pixar, Marvel, Lucasfilm, etc.).  There are some excellent companies that could/would be perfect for developing the internal gems that the company has, or has acquired over the past decade (again, a story for another post).

It's been widely known that Iger was having Disney work on some form of gaming initiative known as "Toy Box," but up until now it wasn't thought that it might involve an actual console, or the involvement of Apple.  If it is working on a system of its own, don't expect it to be seen anytime soon; certainly not this year.  Late 2014 would be the earliest you would see a system like this, and I doubt it even then.  It's more likely that anything coming from this project doesn't show up before 2015.

There's that year again...

Thursday, January 3, 2013

A Whole New World...

George is taking the grand tour...


The rumors have been spreading for weeks...

Meg Crofton isn't the most beloved person at Walt Disney Parks & Resorts by far.  She's proof that not everyone Iger hires is up to the job.  Rich Ross is the glowing example of an experiment gone awry.  But even that had a silver lining with the hiring of Alan Horn, one of the best people in the entertainment industry and a gem of a man, a great person to run the studios.  So with the unhappiness with Meg, perhaps her possible departure could mean having someone take her job that is more in tune with what Disney is?

Now, I haven't confirmed this with many of my Bothans; most of them happen to be very busy working on projects in the Far East/West and I haven't talked to them much lately.  But I did send a secret message to a couple of them, and I'm waiting to hear if they know anything about this.  I've been getting some very in-the-know people telling me about this over the last couple of weeks.  What am I talking about?

Well, it's rumored that George Kalogridis, Disneyland's president might be moving on to bigger things in Florida.

Meg isn't known for her warmth and care, and she's not beloved by the Disney fan community for sure.  Her being put in charge of the One Disney project is an example of someone not liked, putting in to place something no one wants.  I can tell you that the Cast Members in Anaheim HATE the One Disney mantra.  They arbour being forced to do everything that Florida does, just because it's Florida.  After all, would you make all your children act and dress alike?

George is very well liked across the Disneyland Resort.  He's talented, very personable and extremely caring.  I do know that there has been talk around the Resort of him moving on.  And the job he's done has impressed Iger and Staggs.  If WDW is to get him to take over for Meg, then you can expect the quality of that Resort to increase dramatically.  He would be a refreshing replacement for a part of the Disney Empire that has had Suits that just don't "get" it.  Disneyland Suits aren't perfect, but most "get" it.  My hope is that should he get the position, he'll clean house and get rid of many of those around him that were connected to Meg.  The Orlando Suits are continually clueless when it comes to many of the quality issues that are commonplace here in Anaheim.

Now, should he go then that means that the Disneyland Resort will have to find someone to take his place.  I've already heard of a couple people that are being talked about for that position.  One of them is very well known by the Disney community and would be well received.  The other one I am not sure about.  But within the next few months you'll start to hear some changes coming the the Disney world.  Not just in Florida.  But it'll be interesting seeing who is put in place in all these positions before Iger makes his exit in a couple years.  He'll leave the company in a more powerful, solid position than his predecessor, but will Walt Disney World be better?

Time will tell...

Friday, December 21, 2012

Adoption Complete...

The story of a boy, a girl, and a whole galaxy waiting for a mouse... 



Well, the Mouse officially has a new addition to the family...

The Walt Disney Company completed the purchase of Lucasfilm today.  With the closing of the bell on Wall Street, George Lucas' famous company now becomes another sibling in the colossus that is Disney.  Here is the official press release:


BURBANK, Calif., December 21, 2012 – Continuing its strategy of delivering exceptional creative content to audiences around the world, Robert A. Iger, President and Chief Executive Officer of The Walt Disney Company (NYSE:DIS) announced today that Disney has completed its acquisition of Lucasfilm Ltd. LLC.
“We’re thrilled to welcome Lucasfilm to the Disney family,” said Iger. “Star Wars is one of the greatest family entertainment franchises of all time and this transaction combines that world class content with Disney’s unique and unparalleled creativity across multiple platforms, businesses, and markets, which we believe will generate growth as well as significant long-term value.”
Under the terms of the merger agreement, at closing Disney issued 37,076,679 shares and made a cash payment of $2,208,199,950. Based upon the closing price of Disney shares on December 21, 2012 at $50.00, the transaction has a total value of approximately $4.06 billion.
Lucasfilm’s assets include its massively popular Star Wars franchise, operating businesses in live action film production, consumer products, animation, visual effects, and audio post production, as well as a substantial portfolio of cutting-edge entertainment technologies. It operates under the names Lucasfilm Ltd. LLC, LucasArts, Industrial Light & Magic, and Skywalker Sound.


Strange that they don't mention "Indiana Jones" in that.  I know that "Star Wars" is the primary motivation for the purchase, but the famed archaeological professor ain't no wall flower.  He can hold his own.  Not to mention all the other properties Disney has access to (American Graffiti, etc.).

But what fans have wanted for years has come to pass.  George no longer has control over his creation.  Now, the future of Star Wars is in the hands of someone else, for another generation.

And the ones after that...

Wednesday, November 14, 2012

Disney North...

That's no planet, that's a space station... 








 

Walt Disney is synonymous with America, but also with California...

But specifically southern California.  Since arriving in the Golden State in 1923 and setting up shop, the man and the company that lived on has had a permanent presence in this area.  From his early days on Hyperion, to the formal home of the Burbank Studios, or the Golden Oak Ranch, this area is treaded territory of the Mouse.  And it's been that way for decades.

While northern California has been in films, it has has never been a crucial, or pivotal part of the company's story; until the middle of this decade.  That's when the importance of the land up north began to play a much crucial part of it's history, and now its future.

When Bob Iger bought that little plot of land in Emeryville it was the beginning of a gradual expansion that most people haven't noticed.  The $7.4 billion purchase of Pixar gave the company a permanent, albeit small presence up north that would play a vital part in the creative direction that it charted.

Who would of thought that within the next five years it would grow so rapidly?

Besides the Lamp, across the bay you will find the Walt Disney Family Museum.  Now, I know that it isn't owned by the company, but it does a valuable service and provides great influence/advertising the Disney brand in the NoCal area.  So it's a step-son in the Walt Disney Company that provides a valuable service.

With the purchase of George Lucas' Lucasfilm, a great deal more real estate, and valuable entertainment icons became part of the company.  The Letterman Digital Arts Center, just down the way from the Walt Disney Family Museum houses Industrial Light & Magic, LucasArts, and Lucasfilm's marketing/licensing arm.  This is truly a dream factory in the green setting of the Presidio.

Lastly, a little further up in Marin County lies Skywalker Ranch, the original home of Lucasfilm, which is a haven for creative types that seek it out for writing and other services, but the jewel there is Skywalker Sound UPDATE: It appears that Lucas will retain the right to the land and surrounding ranch, but it's unclear if their services will be used, or if Skywalker Sound and other parts of the company will move out to other parts of the Bay Area.

Think about all the property that now exists up north.  There is probably more land in use by Disney in the bay area than in the area surrounding Hollywood.  And just seven years ago there was really no presence by the Walt Disney Company up there.  The state of California has Walt fully anchored in it from north to south.  Now maybe they can purchase something in Fresno so that there's a bridge between north and south.

The little company that was started in southern California has taken over the whole state...

Thursday, November 1, 2012

Many Bothans Died To Bring Us this Information...





If you've been reading this site for a while you know that Lucas was my soapbox...

I've written a lot of articles on George Lucas/Star Wars/Indiana Jones/Lucasfilm over the last four+ years.  And as soon as the news broke, comments started coming in, e-mails started arriving and many people showed up at my doorstep.  Ok, that last one didn't happen because I don't give out my address, but the others, they happened.

So for those of you that aren't long time readers, I figured I would give you a chance to see all those articles (or at least, most of them) that I used to make my case.  I had other signs, and clues, and even a few Bothans with hints, but mostly, it was the common sense of what just seems natural.  So without anymore fanfare, here for your perusal:



Disney Films That Aren't

A Long Time Ago In A Galaxy Far Far In The Future

The Turn

The Master's Vision

Threequels

Stating The Obvious

Buying An Empire

I Am Empire



And then came the news last Tuesday...

Tuesday, October 30, 2012

The Next Hope: Project Valor...

Signs on the dotted line...









So now it has come to pass...


Many people said it wouldn't happen, but George Lucas finally decided to sell his company to the Mouse (listen to the conference call here).  And now that that has happened, many others will be invited to play in his sandbox.  We can expect to see a great deal of news in the coming months as the writers of "Episode VII" are revealed, as a director is chosen, and as the start of production nears.

The film is only one part of this.  Star Wars is not just a film, but an entire ecosystem of possibilities.  From film to television to merchandise, there are literally worlds to explore with this property.  And remember that Iger and crew bought Lucasfilm, not just Star Wars.  Naturally, that was its biggest jewel, but not its only one.  Indiana Jones is right behind it (Mr. Dini, call your agent and set up that meeting for the Indiana Jones animated series).  Then there are all the other lesser known properties, and all the umbrella corporations that make up the company.  Industrial Light and Magic at the Letterman Digital Arts Center, Skywalker Sound at Skywalker Ranch, and the animation facilities in Singapore, and on, and on.

There is so much to contemplate, so many things to watch unfold...

Friday, August 24, 2012

Quiting Jobs...

One more thing...





It's hard to believe it was a year ago today...

On this date last year, Steve Jobs released a statement:


PRESS RELEASE: Letter from Steve Jobs

August 24, 2011-To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple's brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.


It was sad to see him let go of the company he had such a part in creating, saving and turning into such a powerful force in the lives of so many people around the world.

And less than a couple months later he would be gone from that world...

Tuesday, August 7, 2012

Fancy That...

Looks tasty, what flavor...



We're big Apple fans here at Blue Sky...

So when I read that the Fruit Company was considering purchasing a company called "The Fancy," I checked into it. It apparently is a rival to upstart Pinterest, which is a social networking site that involves commerce through visual mediums. If you love pictures, art and design then check it out. Maybe join.

I did. And if you want to join, then click here and check out the possibilities...

Saturday, July 28, 2012

Creating Magic...

If one is good, ten will be great...



Fourteen years ago today, the Walt Disney Company set sail...

The Disney Cruise Line christened its first cruise ship on this date.

The Disney Magic became the first of two ships that would form the basis for a Disney cruise line. Not much of line, but it was a start. The initial plans were far more ambitious with plans to expand rapidly to ten ships. That's right, ten ships and their home port would have been slit between Florida, just a short distance from Walt Disney World, and California at the soon to be built Port Disney. But it was an overly positive plan. And so, only the Disney Magic and the Disney Wonder were built.

Both were an instant hit, but the Mouse has/was extremely conservative when planning expansion. After close to a decade, it was announced that two more ships would be added, the Disney Dream and the Disney Fantasy, essentially doubling the fleet. Not quite up to ten, but almost half. If the bookings continue to be a success then by the end of the decade we may have another ship or two join these sisters. But until then we have four elegant ladies that cut through the water, entertaining us rather successfully.

Now, if we can just get one permanently on the West Coast...

Monday, June 25, 2012

Looking In The Mirror...

Mirror, mirror on the Esplanade...







It's been a very bizarre week at the Disneyland Resort...

Not only has DCA been doing better than expected, it's been doing better than Disneyland. Take Sunday for instance. The projected attendance for the day for California Adventure was a mind blowing 58,000 guests. All this while Disneyland was supposed to get a more moderately high 30's figure. It's like a reverse image of a month ago. And just getting 30,000 would have been a very busy day for DCA. Not anymore. Mid to high 40's are the norm and lately it's teetering on the 50,000+ level.

It's amazing the success you can achieve when you do something right.

The bean counters that smacked Disney's name on the mess that was DCA in 2001 couldn't grasp this simple concept that the company's founder put forth as a business model. They were the antithesis of what the man, and his company was. The majority of the new management in Burbank realize this now. Not all, but most, and that's as good as can be expected. After all, 12% of the nation believes Elvis is still alive. You can't get everyone on the right issue, but as long as you can get the majority of them with you, then you're doing alright.

Now, I don't want you to think that I believe DCA is perfect. It's not. It still needs work, and it will still get work. But it will be incremental, not dramatic like what has come before. It will have some interesting improvements, but that is/will be a talk for another day. In another post. For the next couple years, lets all walk down Buena Vista Street and enjoy what the company does best when it does its best. Let's take a stroll through the Pacific Wharf area and head beneath that arch for a breathtaking view of how you can be consumed by an idea. It's the best representation of entering the world embodied in a film. It's mesmerizing. Even if you're not a fan of the film, "Cars", Cars Land is a sight to behold.

And the new found success of DCA is good for everyone...

Friday, June 15, 2012

Comic Appeal...

The World of Tomorrow, today...







With all the media attention today surrounding DCA, one obvious question was asked...

What about Marvel?

Tom Staggs was giving a press interview at the Golden State Winery, he was pressed about the matter and was honest without being too revealing.

"We were hard at work on attractions using Marvel characters previously, and that work has only intensified given (the film's) great success,"

Yes, there are plans to work the characters into every park in some way or form, but the thing I like is he emphasised about it being in a proper way. So you won't have to worry about Sleeping Beauty and Thor walking out for a photo op. Or don't plan on seeing the Hulk and Belle walk through the castle opening to greet guest, while the Other Guy says: "Hulk Happiest When Smash!"

But you might see something along the lines of the Fantastic Four in Tomorrowland, or maybe Iron Man and the Avengers in a Stark Expo there... theoretically, of course. But time and place will still mean something. While Bob Iger has spent more on parks in the last few years than his predecessor, spending will tapper off a bit as Burbank settles in to see how guests react to the Extreme Makeover. Disney California Adventure will enjoy its new place in the Resort, while next year the Big Sister starts to get some much needed attention. And I don't believe you'll see many Marvel characters at the Second Gate, but in a couple years some interesting events/shows/attractions mights start to show up in other areas of the park here in Anaheim and the world.

Orlando and Yunibāsaru Sutajio will just have to wait and watch, for the meantime...

Thursday, June 7, 2012

New Bat-Time, New Bat-Channel...

Na, na, na, na, na, na, Batman...





I remember as a small boy, rushing home from school to watch reruns of the 60's "Batman" tv show...

I was obsessed with it. I even went to get Burt Ward's autograph at a local car dealership when he stopped by my town. I have autographs of various stars, but still haven't gotten one by Adam West yet. I remember always wanting to have a DVD copy of the series, but realized that there were rights issues between 20th Century Fox and Warner that weren't resolved. I have a copy of the series on disc from when it was on TV Land, but it's not the greatest quality. So I've waited. And waited. And waited...

Until today.

Variety announced that as of now, the rights issues have been resolved and a whole slew of merchandise, and presumably the series itself will become available over the next few years. So now I can look forward to a Blu-Ray copy of the series to have along with my Nolan trilogy. I think my autographed copy of Frank Gorshin as the Riddler just gave me the thumbs up.


Holy happy day, Batman...

Friday, June 1, 2012

Buy The Numbers...

Disney, the name is Disney...







The rankings for theme parks recently came out...

And something shocking happened. The Walt Disney Company did not hog every spot of the top ten. It only got the top eight.

Top 25 Theme Parks Based on Attendance, Location, (2011/2010) plus Change In Ranking (if any)


1 Magic Kingdom, Orlando, Florida – 17.1M / 17.0M
2 Disneyland, Anaheim, California – 16.1M / 16.0M
3 Tokyo Disneyland, Urayasu, Chiba, Japan – 14.0M / 14.5M
4 Tokyo DisneySEA, Urayasu, Chiba, Japan – 12.0M / 12.6M
5 Disneyland Paris, Paris, France – 11.0M / 10.5M +1
6 EPCOT, Orlando, Florida – 10.8M / 10.8M -1
7 Disney’s Animal Kingdom, Orlando, Florida – 9.8M / 9.7M
8 Disney’s Hollywood Studios, Orlando, Florida – 9.7M / 9.6M
9 Universal Studios Japan, Yunibāsaru Sutajio Japan – 8.5M / 8.2M
10 Universal’s Islands of Adventure, Orlando, Florida – 7.7M / 6.0M +2
11 Lotte World, Seoul, South Korea – 7.6M / 5.5M +2
12 Ocean Park, Hong Kong, China – 7.0M / 5.4M+5
13 Everland, Gyeonggi-Do, Yongin, South Korea – 6.6M / 6.9M -3
14 Disney California Adventure, Anaheim, California – 6.3M / 6.3M -3
15 Universal Studios Florida, Orlando, Florida – 6.0M / 6.0M -2
16 Hong Kong Disneyland, Hong Kong, China – 5.9M / 5.2M -1
17 Nagashima Spa Land, Kuwana, Japan – 5.8M / 4.5M +3
18 SeaWorld Orlando, Orlando, Florida – 5.2M / 5.1M -2
19 Universal Studios Hollywood, Universal City, California – 5.1M / 5.0M -1
20 Walt Disney Studios Paris, Paris, France – 4.7M / 4.5M -1
21 Europa Park, Rust Germany – 4.5M / 4.3M
22 SeaWorld San Diego, San Diego, California – 4.3M / 3.8M +3
23 Busch Gardens Tampa, Tampa Bay, Florida – 4.3M / 4.2M -1
24 De Eftleing, Kaatsheuvel, Netherlands - 4.1M / 4.0M
25 Tivoli Gardens, Copenhagen, Denmark – 4.0M / 3.7M


I will bet you that next years top 25 shows Disney California Adventure moving up a couple spots, at least...

Hat Tip to The Disney Blog.

Thursday, May 31, 2012

Divisions/Divisions...

Games are serious business...





Even in this economy, the Walt Disney Company is having a very good year...

Maybe not as good as Apple, Inc., but almost every division of the entertainment giant is doing great business. Almost. Even the film division with its $200 million write down of "John Carter" is feeling giddy right now ("Avengers" billion dollar success, "Brave" and "Wreck It Ralph"). The theme parks are firing on all cylinders with Suits so confident that they're willing to raise ticket prices to near record levels. But one division still lags behind the others:

Disney Interactive.

This is the one area where Bob Iger's vision seems to have gone astray. It's the one area that would seem to be a given to find a success, but it's the one area that is fleeting. Interactive entertainment seems ripe for mining the many characters and properties that the Mouse owns. But for most of its efforts, and the millions that have been poured into it, the division still lacks the kind of success it was expecting.

While Warner Bros. has strategy has taken the companies it partners with and bought into a consistent brand known as Warner Games, the ones that Disney has bought have had a different result. Over the last two years, some of the companies that the Mouse bought have been closed and shuttered. Propaganda Games, creators of "Turok" and "Tron: Evolution", as well as the defunct "Pirates of the Caribbean: Armada of the Damned" was shut down in January of 2011. Black Rock Studio, creator of "Split Second: Velocity" and "Pure" suffered the same fate in June of that year. The most successful acquisition Iger has made is perhaps Warren Spector's Junction Point Studios. But even the "Epic Mickey" game was considered a disappointment from what was expected. I would love to see Disney give Spector the opportunity to make the "Ducktales" game he's desired to for sometime.

Following the disappointment, the strategy has changed to make a more concerted focus on mobile games, like the surprise hit: "Where's the Water?". While the strategy to focus on mobile platforms hasn't ended console development, I believe that it demonstrates a flaw in Iger's gaming strategy.

Instead of purchasing high end gaming companies like Blizzard/Activision, Electronic Arts, or a gaming studio on the level of Naughty Dog, the company has instead focused on smaller companies with less of a clear track record. Unlike Disney's purchase of companies like Pixar or Marvel, which have a proven track record, the entertainment giant has focused on the exact opposite type of company and gotten the exact opposite result.

If Iger was to follow his strategy of absorbing high-end, high quality companies, he could have gone after a gaming studio like Valve or possibly Bungie, creators of the "Halo" series, who is now free of Microsoft. Those and other gaming studios could have provided Disney with an established line of popular content. But instead, a different route was plotted.

Another loss of direction has been the lack of games based on properties the Mouse owns. Other than "Epic Mickey" and the canned "Pirates of the Caribbean" game, not much has been planned. There are some projects in the pipeline, but with the large collection of properties it owns, you would think the Disney company would have dozens of these games in various states of development. Not so. Even the Marvel characters haven't been fully utilized thanks to contracts that are spread over other companies. While not as extensively confined as the contracts that Marvel has with other theme parks, the situation is more limited than many Suits would like.

Hopefully, people like Warren Spector will convince Iger and the Suits to look into a strategy involving one of these companies and a marketing plan that mines the low hanging fruit that the Walt Disney Company has within its vast entertainment kingdom.

It's just interesting that the interactive division is the most inactive when it comes to profits for the media giant...

Friday, May 25, 2012

35 Years Ago, In A Galaxy Far, Far Away...

Sell the darn thing dude...










That's right, it's been that long...

Thirty-five years ago today, "Star Wars: Episode 4 - A New Hope" premiered. I want to celebrate the future acquisition of Bob Iger/Tom Staggs on that achievement and have some advice for George Lucas: Sell it! Sell it now! Go make your personal, esoteric films, Master Lucas! You still have time. Whew. Glad I got that off my chest.

Do, there is no try...

Monday, May 21, 2012

Thinning The Herd...

Money, money, money...





In case you missed it, the price to get into Carsland go a whole lot higher...

Daily Tickets:

One Day/One park... $87

One day/Two park... $125


Annual Passports:

Premium... $649

Deluxe... $469
Southern California*... $329
Southern California Select*... $269

Southern California Residents Only

On Sunday the Suits put out their new prices to get into the park/annual passport and it was much more than most were expecting. And it could be described as the Mouse being greedy, it's also correct to say that it's a way to control the ever growing AP's that are coming to the parks monthly/weekly/daily.

While I too cringe at the thought of paying $600+ for a premium pass, the over a million annual pass holders and their spending habits have gotten Team Disney Anaheim in a position where they felt to control the coming onslaught of crowds, a line was going to have to be drawn.

With AP's walking around the parks spending far less and coming far more than tourist/foreigners it was determined that a much larger (30%) fee was going to have to be charged. Now, some have felt that this will cause less people to come and this is true. But it is also the Disneyland Resort's intention. Why would they want less people to come, you say?

Well, the crowds that will be coming over the next few months are expected to be large and the worry inside the halls in of the Suits is that controlling them and the AP's was going to be too difficult a headache. So, the decision was made to make those paying for a pass, to pay a slightly larger premium than they've paid before. Not all will renew their passes. Some will get a lower passport like the SoCal or SoCal Select (which is what the Suits wanted) or even the Deluxe. But with the resort finally being a Disney Resort, and the park finally being a Disney Park it was time to stop giving away what they felt was a package that was worth more than the price.

Now, a decade ago it could be easily argued that the price of going into DCA or a park hopper wasn't worth it. That is a much more debatable argument today. It's certainly worth more to go there, but it has yet to be determined if it's worth the price that Disney is charging. We won't really find out on June 15th either. It's more likely the success of this Extreme Expansion will not be known for a year, or at the very least till the end of the holidays.

But the confidence it shows in the new branding/offerings is the mark of a new day for the Resort...