Toy Story Broke a Billion and Disney World Attendance Is UP? Were We WRONG?! Is It True?!

[00:00:00] Speaker 1: the disney earnings call was very clear about two things toy story 5 is an unmitigated success at the box office and disney theme park attendance has hit a growth spurt so what happened were we here at that park place wrong let's talk about it here today on that park place vash um so a lot of people are trying to say that we were wrong about what we've been saying about disney this summer uh that you know the parks are essentially um you know not nearly as crowded as they normally are uh you know you know to be fair we backed that up with data but you know they're trying to say that what josh tomorrow said today on the um the the call was somehow proof that we were wrong well let's take a look at exactly what was said this from florida politics uh says now that's the disney flywheel in action disney world and disneyland's park attendance jumped three percent for the quarter helping propel the company's financial earnings leaders said this is attendance bumps comes after both universal orlando and sea world theme parks reported a decline in attendance says uh josh tomorrow said there were there was a fair amount of speculation about the strength of our domestic parks well clearly there they were strong uh he told financial on the third quarter and to remind everyone we're achieving this even during a period where there's a fair amount of macro uncertainty uh the company's experiences division which includes theme parks and disney cruise line which that's a very important thing here note uh reported nearly 10 billion in third quarter revenue a 10 increase from q3 in 2025 operating income was up 20 to three billion dollars and those numbers set a q3 record for the company it's important tomorrow said to highlight that we're performing significantly better than our competition guests spending more on food merchandise and their vacations led to a four percent growth in per cap spending in disney world and disneyland according to the the company disney's fundamental advantage is the depth of our fan relationships and that translates directly to durable financial returns today we find ourselves in an environment where consumers have more options than ever for their time and yet our results show they keep choosing to spend their time with disney looking ahead to later in the year the future bookings quote remain healthy for disney world and disney cruise line he said actually i believe uh hugh johnston said that but helping post big gains for the company is the summer film toy story 5. tomorrow said the company's different uh divisions continue to feed into each other intellectual property and disney movies channels into rides characters and theme uh themes and attractions and parks on disney cruises and pops up in disney retail that integration creates a structure no one else has been able to replicate tomorrow said to showcase the power of the toy story franchise he said the five movies generated more than four billion dollars in global box office and over two billion hours streamed on disney plus across all retailers toy story generates more than one billion dollars in annual global retail sales and reaches fans across every disney park and cruise ship including four immersive lands 19 attractions and two hotels now that's the disney flywheel in action he said all right vash so let's take this one at a time here uh the disney the attendance at disney parks dropping three percent for the quarter hey vash what's the quarter that they're talking about that would be between april and june if i recall correctly between april and june right springtime when we reported that attendance was up right [00:03:13] Speaker 2: uh yeah well yes of course because uh i believe they had seven attractions come online is that correct [00:03:19] Speaker 1: yeah uh something yeah something like that there were quite a few uh you know we had um you know the new muppets coaster we had um oh gosh what else open uh you know the mandalorian and grogu which you know by the first saturday that that was open it was already down to 20 minute wait um what else opened during that time more more stuff opened i know a buzz light your space ranger [00:03:39] Speaker 2: spin came from its refurbishment april 8th big thunder mountain railroad came back from its big year uh over a year-long refurbishment may third third millennium falcon smuggish run as you uh beautifully pointed out god's update to include main learning and grogu rock and roller coaster starring the muppets like you said right there disney jr mickey mouse clubhouse live debuted may 26th bluey's wild world actually opened may 26th and then soaring across america uh for may uh 26th as well right there so a lot of stuff actually opened within that short time frame between that and marvin i i do believe they opened so much for that summer because well who was eating [00:04:21] Speaker 1: their lunch the previous summer oh right that was universal's epic universe oh yeah and kicking them in the mud um that i would also like to point out that that you know the the the quarter in question here is when we were talking about the fact that attendance was up that things were actually looking up again it's not the summer months that we're in right now which are fairly sparse it's not just us saying that guys it is the mainstream media as well talking about the disney ghost town they've been saying that now for two years when it comes to the summer months so an important distinction there that when they talk about things like this they're talking about the springtime months when seven attractions open they're not talking about right now in the summertime um so that that is very important to remember and again i i think a lot of what's happening here vash is the what we've talked about with the vibes not rides kind of situation because we've we when we track this um data we're tracking it via wait times for attractions and so if not a lot of people are buying lightning lane and you know and because of that not going on attractions and they're just showing up to eat food and shop and just kind of soak in the vibes well then you know we're in a situation here where um you know the the parks could conceivably have people in them but the data is saying that you know there's no wait times for anything now you know where there are wait times is epic universe so i would i would say that but yeah it is um so we're [00:05:53] Speaker 2: talking about two completely different time periods here correct yeah absolutely and and you have to remember too when it comes to the entire experiences division uh you know not just in attendance for the parks but just the entire division this was the first full quarter for the destiny and the adventure both to be online simultaneously which obviously is going to equal to a lot of enhanced revenue and a lot of different uh operating income uh opportunities right there but it's very interesting you say that marvin about lightning lane and people actually buying into it not buying into it there was a a story just broken by what does it will do stay not uh too you know well long before we actually went live talking about how the magic kingdom premiere past the lightning lane you know this 450 option previously has actually been reduced in price from its minimum of 329 now to 299 same thing uh occurring with animal kingdom uh going from i i believe uh i think it was like 129 or something like that now to 119 so the what i'm saying is is that the premiere pass this lightning lane experience has been reduced in price which suggests some soft usage among guests and uh you know they're trying to encourage sales that way [00:07:10] Speaker 1: fascinating stuff right here the um yeah so now let's get to the upper net toy story 5. it's an unmitigated success it is absolutely undeniable you you cannot deny that this movie is successful i mean and i'm pretty sure of ash we also said that that would be successful at least i did i don't know yeah i think i i think i only know one person out there who said that they thought that that movie was going to flop but outside of outside of him i don't think anyone else actually believed that uh but again bash you know when you go through toy story land it's i i did this test earlier in the year where uh it was right around the time mandalorian girl who came out i walked through for park hoppin i walked through uh galaxy's edge and it was empty it was a ghost town there was nobody there then i went and walked through toy story land just feet away right and it was packed shoulder to shoulder people so people do still care about toy story josh was not lying about that right right right and and i think [00:08:27] Speaker 2: inside out too or out the fact that people will still come to these sequels even if this brand or studio has been diminished in people's eyes right people will still come to see the continuation of the story revolving around the characters they they so love and i think um it was kind of funny martin i think he said uh josh tomorrow said something similar to the effect when it came to um spider-man brand new day and what is he was giving accolades to sony and so forth and he was like it just just goes to show you that if you create a great story and a great sequel people will still come out marvin i think you [00:09:02] Speaker 1: said real quick why don't you do that which was hilarious so yeah why can't you guys do that why can't kevin why could kevin feige collaborate with sony and make this movie this movie that's made a billion dollars in a week and and he can't do that for you why is he giving you the fantastic four first steps but he's giving sony this spider-man movie like what exactly is happening here josh what's the disconnect and and what's going on because at the end of the day those are the questions like like i have been having this fight with people now vash for over a week where i've been saying that like the success of spider-man brand new day is an embarrassment to disney like this is egg on their face and people have been screaming at me in my comments section basically saying that i'm wrong and i'm a grifter this is a disney you know marvel production that sony's just distributing that you know like oh this that and the other thing this is this is disney's win they're thrilled with it they're gonna make all this money off of merchandise i said yes but at the end of the day they've lost they've now lost the high the highest domestic opening of all time to sony and the only viable marvel movies for since endgame have been two sony movies and one movie built on fox nostalgia yeah that's very true that's very true and even with legacy here thor love and thunder a fourth thor movie should have made a billion dollars or at least close to it and it didn't because it was terrible because they let they let a maniac run [00:10:41] Speaker 2: wild with it um i i think multiverse of madness came came close but everybody hates that movie [00:10:48] Speaker 1: it's not quite a win well that was one of their that was one of their big bait and switches that was like uh you know you you come for dr strange movie and then as victoria alonso said america chavez [00:11:02] Speaker 2: but but the the idea being that oh the the brand you see marvin the the brand is what brings people in whether it be pixar disney what hat marvel what have you but like you like you so beautifully pointed out they haven't been going to marvel pictures ever since endgame it's just kind of it's just a fact and the the other fact remains that uh spider-man at least from a profit standpoint might actually make more money than doomsday because of how expensive doomsday is and the reason why they're putting that much investment into that because they know they have to restart the uh you know fervor for this franchise because they so damaged it i think just box office gross i think [00:11:45] Speaker 1: spider-man is going to make more than doomsday not even talking about profitability at this point i i don't think doomsday is going to make a lot of money i really don't i don't think anybody's [00:11:54] Speaker 2: super interested in it um yeah i it might not that the rumors haven't been great which by the way we you know when we saw that imagery of brand new day coming out from glasgow right when they were shooting there for some of the uh urban set pieces right there and you have tom holland swinging around and so forth i mean that lit up my social media feed i'm just not seeing that enthusiasm uh you know in in in the in the lead up here to doomsday in the same way that we saw a brand new day and alan bergman himself said that that was extremely important for the success of these films because it's not you [00:12:28] Speaker 1: know you're not dealing with beloved characters here you're dealing with sam wilson as captain america and yelena and and and shang chi and the fantastic four uh you know thor was completely ruined in love of love and thunder uh steve rogers is back but they're not letting him be captain america so nobody cares there are five five vash fake captain americas in this movie have you have you realized that i i did not put that together but i'm so i'm so glad you went that out you've got steve rogers as captain shirt pants uh okay so he's not being captain america so that's one fake captain america then you have sam wilson as captain america that's two he's not real real captain america then you have uh winter soldier who's a super soldier you have red guardian and you've got us agent there are five [00:13:19] Speaker 2: fake captain americas in this movie that is incredible i can't believe that's a thing but i i i suppose uh you know we we get all the star power we can get and they're they're you know putting down big bucks in order to make this happen and it really does speak to okay maybe you do something with tour story five maybe you do something with uh doom state let's say it makes a whole bunch of money but they still haven't been successful in launching marvel uh characters or properties outside of the avengers films since endgame and they haven't been successful at all launching original films for their uh disney animation studios that being disney animation and pixar people still come to toy story 5 that's true but now they're not even coming for stuff that is connecting to these franchises like moana like mandalorian kroku and they can't establish anything new and that right there is a big big defect in the uh creative engine at disney well look at what happened when they tried to start [00:14:18] Speaker 1: something new you get things like ilio which you know was was a heinous bomb um you know looking forward vash i'm i would put money down that hexed is not going to perform very well at the box office nobody's talking about literally no one is talking about that you know what's funny it that's the new now that minions and monsters is out that's the new film that the trailer plays in front of every single movie really like every movie that i've gone to see for the last several months gets that trailer [00:14:51] Speaker 2: they're really pushing it i just don't think it's going to be successful you can put this in front of everybody that you want and everybody has the same reaction when they see that more witches yeah oh [00:15:02] Speaker 1: you're doing this again we're talking i mean we're talking on midnight's edge where some or i said like yeah because they were like oh well you know what was that thing with the with the lesbian witches and i was like you're gonna have to be more specific like oh what was that disney show with the lesbian witches yeah like well you know they sing well yeah no still you know they always sing like it's literally everything it's literally everything now literally they're doing a new series about witches now called like coven sisters or something like that so you know this company is just bankrupt creatively uh but guys at the end of the day like this was talking about the springtime attendance when all the new attractions were opening and we we said that it was that attendance was up at that point in time um so you know the summer time is still what the summer time is still what's been reported uh and uh yeah so so so that's basically what this is in order to hear more uh about what's going on with this summer as far as attendance goes well we're just gonna have to wait for the next earnings call which [00:16:09] Speaker 3: i truly hope is not for a very long thanks for watching that park place news for more information consider checking out www.thatparkplace.com and don't forget to subscribe share like and send this out on your favorite social media accounts