K
Joined: Jul 27, 2011
Posts: 367
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K
On 2015-06-05 11:37, AceExplorer wrote:
My guess is that budgets have been cut to such a degree by execs and managers so that they can achieve budget goals and earn their bonuses.
I don't know why Disney would be cutting budgets. The theme parks are supposedly doing very well.
See this article.
http://www.reuters.com/article/2015/02/03/us-disney-results-idUSKBN0L72HG20150203
In particular this:
Operating income at Disney's parks and resorts rose 20 percent to $805 million in the company's fiscal first quarter, ended Dec. 27 [2014], when more people visited its parks in the United States. They also spent more on tickets, merchandise, food and drinks.
Income rose TWENTY percent. That is huge.
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