1 00:00:00,040 --> 00:00:01,560 Test track. They sold those hats. 2 00:00:01,760 --> 00:00:04,120 They sold those hats at Test Track. 3 00:00:04,520 --> 00:00:05,800 They sold those. Put it back up. 4 00:00:05,800 --> 00:00:07,400 Caution ahead. Is that what it says? 5 00:00:07,400 --> 00:00:10,400 Yeah. Because the whole theme was 6 00:00:10,520 --> 00:00:12,760 safety like like you was like you. 7 00:00:12,760 --> 00:00:14,720 Were a crap test dummy on the ride. 8 00:00:14,720 --> 00:00:16,680 That was your part, yeah. I never got the ride to. 9 00:00:17,120 --> 00:00:18,760 How old are you in that photo, Derek? 10 00:00:19,480 --> 00:00:23,440 I think 48. Probably caution ahead. 11 00:00:23,640 --> 00:00:26,400 Get it? I gotta go to what's your what 12 00:00:26,400 --> 00:00:29,600 show are we doing that? Hey, this shows all about the 13 00:00:29,600 --> 00:00:33,680 next CEO of the Walt Disney Company, Josh Demaro. 14 00:00:35,080 --> 00:00:37,880 All right. When Derek gets back, he'll be 15 00:00:37,880 --> 00:00:39,400 in a different shirt than he just had on. 16 00:00:39,400 --> 00:00:51,900 Ladies and gentlemen, get ready. Hey everybody, and welcome to 17 00:00:51,900 --> 00:00:53,980 this week's episode of the DC Show. 18 00:00:54,020 --> 00:00:57,260 If you're wondering by the dumbfounded look on my wife Amy 19 00:00:57,260 --> 00:01:02,080 Krueger's face right now, you'll understand that in the past 20 00:01:02,080 --> 00:01:03,640 couple minutes a lot has happened. 21 00:01:03,720 --> 00:01:09,760 We've got senior sales executive for the BBC resale market, Derek 22 00:01:09,760 --> 00:01:12,440 de Boer. Hey now, everybody. 23 00:01:12,480 --> 00:01:15,840 Welcome, welcome, welcome. The Honourable Jeff Haslam. 24 00:01:22,000 --> 00:01:27,000 Why these two gentlemen just changed into suits is beyond our 25 00:01:27,000 --> 00:01:29,880 comprehension. Well, we heard there's a new 26 00:01:29,880 --> 00:01:33,160 opening for CEO and Derek and I are are shooting rooting for it 27 00:01:33,160 --> 00:01:34,640 so. Exactly. 28 00:01:34,720 --> 00:01:37,440 Once we knew that we were doing a show on this, I could show you 29 00:01:37,440 --> 00:01:39,000 the text thread between me and Jeff. 30 00:01:39,000 --> 00:01:42,840 I said, Jeff, how about right before we do this show all about 31 00:01:42,840 --> 00:01:46,760 the CEO, we pretend like we're professionals and let's go wear 32 00:01:46,760 --> 00:01:49,880 like a shirt and a tie. And Jeff said I'm all in, and 33 00:01:50,440 --> 00:01:53,480 that's why we're here. Does does Derek's tie have 34 00:01:53,480 --> 00:01:56,240 camels on it? I'm not quite sure, Derek, can 35 00:01:56,240 --> 00:01:58,360 you hold the tie up a little closer to the? 36 00:01:59,120 --> 00:02:01,680 Yeah, it's a it's a Christmas tie. 37 00:02:01,680 --> 00:02:04,600 Oh. It's my year, didn't have a lot 38 00:02:04,600 --> 00:02:06,960 of options, did you there? Goes the professionalism. 39 00:02:07,680 --> 00:02:13,560 I do not wear ties and I don't even wear pants so I actually 40 00:02:13,680 --> 00:02:15,600 have like short time. Thank you for that 41 00:02:15,600 --> 00:02:17,880 demonstration. If you've ever not watched the 42 00:02:17,880 --> 00:02:21,720 video version of our podcast, please tune in this this week on 43 00:02:21,720 --> 00:02:23,120 YouTube. You're going to see a lot, 44 00:02:23,120 --> 00:02:25,520 including a pantsless, pantsless Derek, maybe. 45 00:02:26,000 --> 00:02:29,480 So welcome, ladies and gentlemen, to this week's 46 00:02:29,480 --> 00:02:33,440 episode of the DVC show. I don't know where we're going 47 00:02:33,440 --> 00:02:37,080 to go with this conversation, but these two dapper boys are 48 00:02:37,080 --> 00:02:39,560 going to carry us, I'm pretty sure because Amy and I are just 49 00:02:39,560 --> 00:02:43,120 over here just confused and running on fumes at this point. 50 00:02:43,120 --> 00:02:46,600 It's been a heck of a, you know, 7 to 10 days for us it. 51 00:02:46,600 --> 00:02:49,280 Has been I'm so tired. Jeff looks like he's going to 52 00:02:49,280 --> 00:02:55,320 run a Funeral Home. I thought you were going to say 53 00:02:55,320 --> 00:02:57,440 like run for office or something like that. 54 00:02:57,480 --> 00:02:59,240 We're joking. We were. 55 00:02:59,320 --> 00:03:06,160 Undertaker now. Jeff, Jeff, can you just say I'm 56 00:03:06,160 --> 00:03:08,440 so sorry for your loss? Can. 57 00:03:08,440 --> 00:03:10,440 You say that. Wait, let me straight face. 58 00:03:10,640 --> 00:03:12,840 No. Let me just go go full on Jeff 59 00:03:12,840 --> 00:03:13,920 here for a second. Go ahead, Jeff. 60 00:03:13,920 --> 00:03:16,200 All right. I'm sorry for your loss. 61 00:03:16,200 --> 00:03:20,760 I can't even hear a. Straight face, a smile near the. 62 00:03:20,760 --> 00:03:22,520 End of that I. Feel like. 63 00:03:22,920 --> 00:03:25,480 I gotta stop taking Nyquil. Wait, did. 64 00:03:25,760 --> 00:03:28,080 You dig it before the show. No, I haven't. 65 00:03:30,120 --> 00:03:35,880 Well, this week we are talking about the newest CEO for the 66 00:03:35,880 --> 00:03:39,440 Walt Disney Company, Josh Tomorrow, and everything about 67 00:03:39,440 --> 00:03:43,720 what that decision means for the Walt Disney Company, for Disney 68 00:03:43,720 --> 00:03:46,480 Vacation Club, for Disney Parks in general. 69 00:03:47,640 --> 00:03:50,560 And yeah, really exciting announcement. 70 00:03:50,560 --> 00:03:53,360 I think all of us, I don't know if any of us on this call would 71 00:03:53,360 --> 00:03:56,280 say that we were surprised by the selection of Josh Tomorrow, 72 00:03:57,000 --> 00:03:59,960 at least I I would not say so. I think there were a couple 73 00:03:59,960 --> 00:04:04,840 other people in the running, obviously Dana Walden being 74 00:04:04,920 --> 00:04:08,200 being kind of the other front runner that that every, everyone 75 00:04:08,200 --> 00:04:11,640 heard about. And Dana has run a kind of a 76 00:04:11,640 --> 00:04:13,760 studios division for a long time now. 77 00:04:14,160 --> 00:04:18,240 So of those two, we kind of felt like one of them would be would 78 00:04:18,240 --> 00:04:20,839 be chosen. And more and more as we got 79 00:04:20,839 --> 00:04:25,160 closer to that announcement, Josh seemed like the the the 80 00:04:25,160 --> 00:04:28,240 front runner and and he was. So he will actually assume that 81 00:04:28,240 --> 00:04:31,800 position in mid March. But it leaves a lot of questions 82 00:04:31,800 --> 00:04:34,760 kind of on the table that we decided we jump on and give you 83 00:04:34,760 --> 00:04:38,120 our rambling thoughts about and dress up while we do so. 84 00:04:38,760 --> 00:04:41,040 This and all of our content is always brought to you by key 85 00:04:41,040 --> 00:04:44,640 holder Vacations in the world of DVCDVC resale market where you 86 00:04:44,640 --> 00:04:48,320 can buy or sell a Disney Vacation Club contract, Monera 87 00:04:48,320 --> 00:04:51,480 Financial where you can finance that DVC resale contract. 88 00:04:51,480 --> 00:04:54,560 Purchase the DVC rental store where you can try before you 89 00:04:54,560 --> 00:04:56,640 buy. Rent some points for a fraction 90 00:04:56,640 --> 00:04:59,440 of the cost as it is direct through Disney or rent out your 91 00:04:59,440 --> 00:05:02,160 own points and get some extra cash in your pocket if maybe 92 00:05:02,160 --> 00:05:03,320 you're not going to use them this year. 93 00:05:03,320 --> 00:05:07,760 Looking to go on a different Disney or non Disney vacation. 94 00:05:08,160 --> 00:05:11,760 Last but not least, unlocked magic.com/DVC fan discounted 95 00:05:11,760 --> 00:05:18,000 Walt Disney World, Disneyland and Universal Park tickets 96 00:05:18,880 --> 00:05:21,000 kicking things off. Just want to kind of get the 97 00:05:21,000 --> 00:05:23,200 initial thoughts of everyone here. 98 00:05:23,280 --> 00:05:25,840 What's you know? Are you happy with the selection 99 00:05:25,840 --> 00:05:28,160 of Josh tomorrow as as the next CEO? 100 00:05:28,520 --> 00:05:33,680 I think for anyone that is a Disney Parks fan, I think 101 00:05:33,680 --> 00:05:34,960 there's definitely some good things. 102 00:05:34,960 --> 00:05:39,240 Obviously his background of when I noticed him was what, 103 00:05:39,240 --> 00:05:43,280 president of Disneyland. You you look like you're 104 00:05:43,280 --> 00:05:49,200 surprised that I knew that then Walt Disney World. 105 00:05:49,200 --> 00:05:51,840 So obviously, you know, he has that parks background. 106 00:05:51,840 --> 00:05:55,480 He's not ACEO coming from the studio's background. 107 00:05:55,840 --> 00:06:00,440 And so I think that we might be seeing a little more love for 108 00:06:00,440 --> 00:06:05,680 the parks in this era as opposed to what we would have gotten 109 00:06:05,680 --> 00:06:09,080 from, you know, maybe someone not as parks forward, but I'm 110 00:06:09,080 --> 00:06:10,280 not sure. I guess we'll find out. 111 00:06:10,720 --> 00:06:13,360 Jeff, I feel like you're dressed for a debate, so give us your 112 00:06:13,360 --> 00:06:18,000 one minute rebuttal. Yeah, I think on the off the 113 00:06:18,000 --> 00:06:20,160 cuff, I would say I'm cautiously optimistic. 114 00:06:20,200 --> 00:06:24,040 I think, again, no surprise, he was kind of always been the 115 00:06:24,040 --> 00:06:26,320 front runner. And I think it shows the 116 00:06:26,320 --> 00:06:30,280 direction that the board wants to go by appointing him as CEO, 117 00:06:30,280 --> 00:06:33,920 but also keeping Dan and Walden as kind of in charge of the 118 00:06:33,920 --> 00:06:36,160 studio side of things in the streaming side of things. 119 00:06:36,160 --> 00:06:39,320 I think, I think if they can find a working relationship that 120 00:06:39,360 --> 00:06:41,680 is cohesive, I, I think you're going to see the Walt Disney 121 00:06:41,680 --> 00:06:44,640 Company do really well over their, their reign. 122 00:06:45,760 --> 00:06:49,120 You know, we can get into some of the pros and cons of this a 123 00:06:49,120 --> 00:06:53,000 little bit later, but I, I think, I think it's a solid 124 00:06:53,000 --> 00:06:55,880 choice and I think it's much better than the last time we 125 00:06:55,880 --> 00:06:58,520 tried to do this. You can only go up from here, I 126 00:06:58,520 --> 00:07:02,160 think, right? Derek? 127 00:07:02,520 --> 00:07:04,160 Running for the next mayor of Windermere. 128 00:07:06,440 --> 00:07:09,400 Yeah, I I mean, I think everybody, at least in our 129 00:07:09,400 --> 00:07:12,080 world, and of course, when I say our I'm talking about ourselves 130 00:07:12,080 --> 00:07:16,560 and all of our viewers and all of our listeners is that I think 131 00:07:16,560 --> 00:07:19,800 if they picked anybody else but Josh, I think everybody would be 132 00:07:19,800 --> 00:07:22,400 like, what? I can't believe it just because 133 00:07:22,400 --> 00:07:27,280 that guy has been very visible in the parks world, you know, 134 00:07:27,280 --> 00:07:29,520 and I think that's what people always associated. 135 00:07:29,520 --> 00:07:32,520 They might not know, Oh my God, they're going to elect, you 136 00:07:32,520 --> 00:07:35,160 know, Jimmy Stevenson. He comes from the finance and 137 00:07:35,160 --> 00:07:38,840 he's a he's an awesome guy. The people like us, you know, 138 00:07:38,920 --> 00:07:41,040 see and go, Oh, I like that Josh guy. 139 00:07:41,040 --> 00:07:45,360 He's always taking pictures with people in the parks to love the 140 00:07:45,360 --> 00:07:47,960 parks. But truly, I think that that 141 00:07:48,280 --> 00:07:53,240 job, that this job as Disney CEO is unlike any other CEO job 142 00:07:53,240 --> 00:07:57,640 because I think it is a very visual job, meaning I think you 143 00:07:57,640 --> 00:08:00,920 are the face of the Disney company that I think no one 144 00:08:00,920 --> 00:08:03,480 really cares. I mean, no offense, but like, 145 00:08:03,480 --> 00:08:07,880 you know, who's the CEO of, you know, Samsonite luggage or who's 146 00:08:07,880 --> 00:08:11,080 the CEO of this company or that company? 147 00:08:11,400 --> 00:08:13,680 It's the Disney company. Because it goes back to, you 148 00:08:13,680 --> 00:08:15,400 know, oh, I used to watch Walt Disney on my team. 149 00:08:15,600 --> 00:08:17,920 A lot of people grew up watching Michael Eisner. 150 00:08:18,120 --> 00:08:21,040 He was the face of Disney. So when people think of Disney, 151 00:08:21,320 --> 00:08:25,960 I think you like the thought of who's running my company is that 152 00:08:25,960 --> 00:08:31,040 good looking smiley guy that I see happy to pose with fans in 153 00:08:31,400 --> 00:08:33,640 the parks. That's what I think people like. 154 00:08:33,679 --> 00:08:36,880 And I think it's important to like Jeff said that they have 155 00:08:36,880 --> 00:08:40,880 someone that's taking care of things that may not be his quote 156 00:08:40,880 --> 00:08:42,960 UN quote Forte. Because I think without delving 157 00:08:42,960 --> 00:08:45,560 too much into what happened before, is you had someone that 158 00:08:45,560 --> 00:08:49,360 was quote, UN quote on the bean counter side perfect, but didn't 159 00:08:49,360 --> 00:08:53,720 know anything about creativity, didn't know anything about, you 160 00:08:53,720 --> 00:08:55,720 know, talent relations and all that. 161 00:08:55,720 --> 00:08:59,680 So I think if you have the combination of Josh and Dana 162 00:08:59,880 --> 00:09:05,800 taking care of things, I think he's wearing Jeff's suit. 163 00:09:08,120 --> 00:09:10,840 But yeah, I think it's a very exciting time. 164 00:09:10,840 --> 00:09:15,040 And like I said, I think anybody else but Josh, people would be 165 00:09:15,040 --> 00:09:18,560 very upset. It's kind of funny that you 166 00:09:18,560 --> 00:09:20,880 mentioned. Did you see the like the memes 167 00:09:20,880 --> 00:09:23,160 going around? So when he was announced, how 168 00:09:23,160 --> 00:09:26,720 many people had a photo with them and Josh tomorrow? 169 00:09:27,120 --> 00:09:30,960 And it was like, so and so. Is Mark safe from posting a 170 00:09:31,160 --> 00:09:35,400 selfie with Josh tomorrow today? But it's true, like when JPEG 171 00:09:35,440 --> 00:09:38,560 JPEG got, you know, became CEO, you didn't see pictures out 172 00:09:38,560 --> 00:09:40,560 there of people that had selfies with him. 173 00:09:40,560 --> 00:09:45,480 But so many people had a photo that we even knew with Josh 174 00:09:45,480 --> 00:09:46,720 tomorrow. So I just thought that was 175 00:09:46,720 --> 00:09:49,360 funny. He is a much more public facing 176 00:09:50,320 --> 00:09:54,200 individual. He very much values the opinions 177 00:09:54,200 --> 00:09:57,160 of fans and the community that's out there. 178 00:09:57,640 --> 00:10:03,480 He's out there in the parks. It's very odd for me to think 179 00:10:03,480 --> 00:10:07,720 through it because if you didn't know better and you put him and 180 00:10:07,720 --> 00:10:10,920 Bob Iger next to each other, you'd be like, are you father 181 00:10:10,920 --> 00:10:13,160 and son? Because it does give off that 182 00:10:13,160 --> 00:10:16,480 impression a little bit. He they, they have very similar 183 00:10:16,480 --> 00:10:19,880 mannerisms. They're just, you know, very 184 00:10:19,880 --> 00:10:24,640 good public speakers. So I expect a lot of the same 185 00:10:24,640 --> 00:10:27,000 almost. And I don't know if that's a 186 00:10:27,000 --> 00:10:29,080 good or bad thing. And we'll kind of get, we'll 187 00:10:29,080 --> 00:10:30,960 dive into that a little bit further. 188 00:10:30,960 --> 00:10:34,440 But walking through Josh's resume, just real quick, a 189 00:10:34,440 --> 00:10:36,720 couple of things that I jotted, jotted down. 190 00:10:38,080 --> 00:10:41,560 As you mentioned, he, he, he worked as the president of 191 00:10:41,560 --> 00:10:46,120 Disneyland for a period of time. Under his leadership of Parks 192 00:10:46,120 --> 00:10:50,800 and Resorts, he's drastically expanded the Disney Cruise Line 193 00:10:50,800 --> 00:10:53,560 fleet. We've got major park additions 194 00:10:53,560 --> 00:10:57,680 and transformations ongoing and that have been developed under 195 00:10:57,680 --> 00:11:02,000 his under his reign. He was around handling the 196 00:11:02,000 --> 00:11:05,760 company throughout the pandemic. So he was involved with kind of 197 00:11:05,760 --> 00:11:08,960 the reopening and a lot of the decisions that came out of the 198 00:11:08,960 --> 00:11:12,160 pandemic. A lot of people are favorable of 199 00:11:12,160 --> 00:11:15,160 that. I will be honest and say that I 200 00:11:15,160 --> 00:11:19,960 think some people pushed a lot of those things off on JPEC when 201 00:11:19,960 --> 00:11:21,800 potentially they were some Josh decisions. 202 00:11:21,800 --> 00:11:25,160 So you know, he is making decisions as an executive and 203 00:11:25,160 --> 00:11:28,560 ACEO that are in the best interest of the bottom line of 204 00:11:28,560 --> 00:11:30,760 this company, company in the best interest, the shareholders 205 00:11:30,760 --> 00:11:33,800 of the company, while being mindful, I think of others, 206 00:11:34,720 --> 00:11:37,840 Genie Plus, the Lightning Lane era, all of that kind of been 207 00:11:37,840 --> 00:11:41,120 under his watch. And again, pricing strategy, 208 00:11:41,120 --> 00:11:43,800 revenue growth for for the division as a whole. 209 00:11:44,840 --> 00:11:49,240 He has always kind of had that parks first mindset with 210 00:11:49,240 --> 00:11:51,840 everything that he does. And I think there was a recent 211 00:11:51,840 --> 00:11:55,400 interview that he did might have actually been with Scott Gustin, 212 00:11:55,400 --> 00:11:59,120 who if you're not following over on X, you definitely should be. 213 00:11:59,520 --> 00:12:02,160 In a recent interview, I'm pretty sure he kind of just 214 00:12:02,160 --> 00:12:06,920 reiterated that he does not plan to stop having that presence in 215 00:12:06,920 --> 00:12:08,720 the parks. He is still going to be out and 216 00:12:08,720 --> 00:12:10,840 about. He wants to mingle, as we said 217 00:12:10,840 --> 00:12:14,800 before, with people. That experience with guests is 218 00:12:14,800 --> 00:12:17,600 where, you know, you get a lot of that really good feedback 219 00:12:17,600 --> 00:12:20,720 that maybe you you turn a blind eye to in certain, certain 220 00:12:20,720 --> 00:12:25,200 situations. He balances guest experience 221 00:12:25,200 --> 00:12:27,960 with monetization. There's a balance there between 222 00:12:27,960 --> 00:12:31,280 those two things. And also he is drastically 223 00:12:31,280 --> 00:12:35,280 bringing back that relationship with Imagineering that kind of 224 00:12:35,280 --> 00:12:37,360 got broken down during Chapex era. 225 00:12:37,360 --> 00:12:40,320 So I think we we hopefully see more of that. 226 00:12:41,400 --> 00:12:44,520 I'm going to pose the question to you all that I just kind of 227 00:12:44,520 --> 00:12:48,560 asked, which was which was basically, do you think he is 228 00:12:48,560 --> 00:12:53,200 going to be someone that comes out of the gates and tries to do 229 00:12:53,200 --> 00:12:58,720 anything drastically different, tries to, you know, completely 230 00:12:58,720 --> 00:13:01,200 reinvent a division, do something new? 231 00:13:01,200 --> 00:13:04,280 Or do you think it's going to kind of be an extent extension 232 00:13:04,720 --> 00:13:10,120 of the Eiger era of of Disney? I'll go. 233 00:13:10,840 --> 00:13:17,720 I think I see him more as as him himself, as as a builder, as 234 00:13:17,720 --> 00:13:20,920 somebody that you know, you touched on his resume, but the 235 00:13:20,920 --> 00:13:23,720 stuff that we didn't talk about, he was VP over Animal Kingdom. 236 00:13:23,720 --> 00:13:27,200 He was. He's done a lot of of his role 237 00:13:27,200 --> 00:13:30,920 in the parks and I think he sees the value in them long term. 238 00:13:31,600 --> 00:13:34,720 He does get a little bit of guff because of some of the nickel 239 00:13:34,720 --> 00:13:37,480 and diming things like the Genie Plus and some of those kinds of 240 00:13:37,480 --> 00:13:39,920 things. But it's hard to know what those 241 00:13:40,840 --> 00:13:42,680 meetings look like, those behind the scenes things. 242 00:13:43,480 --> 00:13:46,920 Was that his decision or was that a directive from Iger 243 00:13:46,920 --> 00:13:49,120 saying, hey, we need to make more money here? 244 00:13:49,280 --> 00:13:52,880 Can he step into this role now and say, look, we can make money 245 00:13:52,880 --> 00:13:56,600 on the parks long term if we're willing to invest short term and 246 00:13:56,600 --> 00:13:59,480 maybe not do what he's being told. 247 00:13:59,520 --> 00:14:01,920 And we don't know, maybe, maybe they were solely his decisions. 248 00:14:01,920 --> 00:14:03,480 We really have no way of knowing that. 249 00:14:03,960 --> 00:14:08,160 But the fact that it just kind of, it reminds me of a story 250 00:14:08,160 --> 00:14:12,240 when Michael Eisner used to be CEO and he would go to the parks 251 00:14:12,280 --> 00:14:16,720 and he would identify problem areas himself and, and go to the 252 00:14:16,720 --> 00:14:19,600 people in charge of those areas and say, why isn't this fixed? 253 00:14:19,600 --> 00:14:22,720 Why isn't that fixed? Why is the Jungle Cruise skipper 254 00:14:22,920 --> 00:14:24,320 wearing a hat that's not approved? 255 00:14:24,360 --> 00:14:26,880 You know, he was very active in those kinds of things. 256 00:14:26,880 --> 00:14:30,000 And the parks really did well under Eisner. 257 00:14:30,000 --> 00:14:32,080 And, you know, he stayed a little too long at the fair, but 258 00:14:32,800 --> 00:14:35,960 a lot of what we call the Disney Renaissance happened under 259 00:14:35,960 --> 00:14:37,960 Eisner. And I see a lot of similarities 260 00:14:38,040 --> 00:14:43,280 of, of how Josh works and how he kind of sees looking towards the 261 00:14:43,280 --> 00:14:46,480 future. So I, I, I don't think he's just 262 00:14:46,480 --> 00:14:50,600 going to be, you know, Bob Iger 2 point OI think he has some 263 00:14:50,600 --> 00:14:55,960 real talent to bring to the role and to see this company move in 264 00:14:55,960 --> 00:14:58,120 a different direction. And I think he knows where his 265 00:14:58,120 --> 00:15:00,760 weaknesses are. That's why he's, he's got a 266 00:15:00,880 --> 00:15:05,040 cohort that can help steer the studios division because that's 267 00:15:05,040 --> 00:15:07,920 not his jam. He has to answer for it. 268 00:15:07,960 --> 00:15:12,440 But ultimately he knows where he thrives. 269 00:15:12,600 --> 00:15:15,680 And like Paul said, look at what Disney Cruise lines has, has 270 00:15:15,680 --> 00:15:17,440 done. Look at some of the expansions 271 00:15:17,960 --> 00:15:20,280 that the park has done. I'm not sure anybody could have 272 00:15:20,280 --> 00:15:24,160 weathered the pandemic as well as he did getting Disney World 273 00:15:24,160 --> 00:15:27,880 reopened and hitting all the boxes that the state and federal 274 00:15:27,880 --> 00:15:30,760 government were requiring. So you know, like I said early 275 00:15:30,760 --> 00:15:34,120 on, I'm cautiously optimistic. I think he's he's somebody 276 00:15:34,120 --> 00:15:37,200 that's well liked. I think he can maybe repair some 277 00:15:37,200 --> 00:15:40,960 of those governmental relationships that maybe went S 278 00:15:40,960 --> 00:15:45,840 under the Chapec administration. It's it's it's time will tell. 279 00:15:45,840 --> 00:15:50,160 We don't know, but I'm optimistic that he can do some 280 00:15:50,160 --> 00:15:52,720 really good things for us. And since you brought her up, I 281 00:15:52,720 --> 00:15:55,960 do want to just give, you know, Dana Walden her flowers real 282 00:15:55,960 --> 00:15:58,360 quick. You know, how what she's done 283 00:15:58,360 --> 00:16:02,920 running the studio side of the Walt Disney Company has been 284 00:16:02,920 --> 00:16:04,200 amazing. And as part of this 285 00:16:04,200 --> 00:16:07,000 announcement, she will become President and Chief Creative 286 00:16:07,000 --> 00:16:11,040 Officer of the Walt Disney Company, a first really for the 287 00:16:11,040 --> 00:16:14,880 company. And I think that dual leadership 288 00:16:14,920 --> 00:16:18,720 speaks to Jeff. Kind of what you said, this was 289 00:16:18,760 --> 00:16:23,680 the biggest concern coming out of Chapeck, the biggest concern, 290 00:16:23,680 --> 00:16:26,280 the biggest weaknesses that Chapeck had. 291 00:16:26,480 --> 00:16:28,800 I mean, you had the Scarlett Johansson blow up. 292 00:16:28,800 --> 00:16:32,560 You had all of these other issues over in studios. 293 00:16:32,560 --> 00:16:35,640 He just did not have any pulse on that business. 294 00:16:36,000 --> 00:16:42,360 And when you look at tomorrow, tomorrow, tomorrow, when you 295 00:16:42,360 --> 00:16:44,960 look at his body of work, when you look at his resume, you 296 00:16:44,960 --> 00:16:47,320 would have the same concerns. And I'm sure that through the 297 00:16:47,320 --> 00:16:50,120 vetting process that these are kind of the the $1,000,000 298 00:16:50,120 --> 00:16:54,080 questions that the board asked, asked him and the things that 299 00:16:54,080 --> 00:16:56,920 they looked at. And one of the the key decisions 300 00:16:57,080 --> 00:17:00,960 in sort of saying, if we're going to lock him in as CEO, we 301 00:17:00,960 --> 00:17:06,079 need to lock in Dana for an equal amount of time to ensure 302 00:17:06,079 --> 00:17:09,800 that studios continues to churn while he learns that division 303 00:17:09,800 --> 00:17:11,960 more and gets his feet wet over there. 304 00:17:12,160 --> 00:17:15,800 So it'll, it'll, it'll be interesting to see how those two 305 00:17:15,800 --> 00:17:18,200 work together. I hope. 306 00:17:18,240 --> 00:17:22,560 It almost sounds to be like the most cohesive unit that the 307 00:17:22,560 --> 00:17:26,319 Disney company has seen since maybe the Walt and Roy era. 308 00:17:27,400 --> 00:17:30,720 You know, in my opinion, almost. Or even the Eisner and Wells 309 00:17:30,760 --> 00:17:33,760 area if we're being. Honest, that's that's what I was 310 00:17:33,760 --> 00:17:35,800 just going to say Jeff it it's the same thing. 311 00:17:35,800 --> 00:17:38,680 The most successful people always like one person can't do 312 00:17:38,960 --> 00:17:42,000 everything. One person is not a master at 313 00:17:42,000 --> 00:17:45,160 everything and especially when you're talking about a behemoth 314 00:17:45,160 --> 00:17:47,600 like the Walt Disney company, right where you're talking about 315 00:17:47,600 --> 00:17:49,360 streaming channels, you're talking about movie, you're 316 00:17:49,360 --> 00:17:51,960 talking about talent relations, you're talking about theme parks 317 00:17:51,960 --> 00:17:54,280 and imagineers. My God, there's just so many 318 00:17:54,280 --> 00:17:58,000 arms and legs to it that I think the best CEOs and the best times 319 00:17:58,040 --> 00:18:00,840 in Disney were when you you had those people that like, listen, 320 00:18:01,160 --> 00:18:03,440 I'm really good at this take Eisner. 321 00:18:03,440 --> 00:18:05,960 I'm really good at this. And Frank Wells is like, you go 322 00:18:05,960 --> 00:18:09,040 do the schmoozing and you go do that Sunday night TV show stuff. 323 00:18:09,240 --> 00:18:11,320 I'm going to focus on the numbers and I'm going to do all 324 00:18:11,320 --> 00:18:14,760 this stuff over here. I I think for me, the most 325 00:18:14,880 --> 00:18:17,480 exciting part is the news that just happened. 326 00:18:17,480 --> 00:18:20,160 I'm not sure when the show's going to air is the fact that 327 00:18:20,160 --> 00:18:22,320 shows what's going to happen with Josh. 328 00:18:23,000 --> 00:18:26,120 And we talked a little bit about it on last week's show, was that 329 00:18:26,120 --> 00:18:29,080 he looked at what's happening to villains Land. 330 00:18:29,080 --> 00:18:32,040 And apparently according to the stories, the stories were like, 331 00:18:32,040 --> 00:18:34,080 you know what, guys, this isn't good enough. 332 00:18:34,280 --> 00:18:36,320 Like this is not enough of a wow. 333 00:18:36,320 --> 00:18:39,400 Like we need a wow. So we need to go back to the 334 00:18:39,400 --> 00:18:44,080 drawing board and and you know what, budgets be damned, what 335 00:18:44,080 --> 00:18:46,080 can we come up with to make this a wow? 336 00:18:46,080 --> 00:18:49,800 I'm sure the Imagineers, who God knows for how long have had 337 00:18:49,800 --> 00:18:54,320 everything strapped and had 1000 great ideas but told Nope, we 338 00:18:54,320 --> 00:18:57,240 got to scrap it. Look at all the lands that we 339 00:18:57,240 --> 00:18:59,440 have now. But look at those original 340 00:18:59,440 --> 00:19:02,240 renderings of what they should have been, what they could have 341 00:19:02,240 --> 00:19:05,640 been are way different. So I think the fact of Josh 342 00:19:05,680 --> 00:19:09,800 looked at villains land, which is easily probably, I think the 343 00:19:09,800 --> 00:19:13,600 most anticipated land in Disney history, more than the 344 00:19:13,600 --> 00:19:15,600 Fantasyland expansion or anything else. 345 00:19:15,600 --> 00:19:19,400 This is brand new from scratch. The fact that he apparently said 346 00:19:19,400 --> 00:19:23,040 we need to go all out on this, we need to really make it a wow, 347 00:19:23,320 --> 00:19:28,320 makes me as obviously a parks fan, very, very happy if that's 348 00:19:28,320 --> 00:19:30,040 the direction that we're headed down. 349 00:19:30,040 --> 00:19:33,000 And again, like you said, looking at Dana and her history 350 00:19:33,000 --> 00:19:37,840 with the studios, Disney again has at a billion dollar year at 351 00:19:37,840 --> 00:19:40,800 the box office, which is unheard of. 352 00:19:40,800 --> 00:19:43,720 So I think the two of them, I think it's going to be great. 353 00:19:43,720 --> 00:19:46,360 So what do I know? I'm just wearing a suit with no 354 00:19:46,360 --> 00:19:49,680 pants. It was pretty crazy when you 355 00:19:49,680 --> 00:19:53,360 looked at, you know, the theater slate in 2025 and there was 356 00:19:53,360 --> 00:19:55,360 really nothing that jumped off the page at you. 357 00:19:55,960 --> 00:19:59,160 There's a there were a couple, you know, notable names on that 358 00:19:59,160 --> 00:20:00,320 list. Avatar. 359 00:20:00,320 --> 00:20:02,120 You knew that Zootopia was coming. 360 00:20:02,120 --> 00:20:06,520 You knew that even even for the love of Stitch, I don't think 361 00:20:06,520 --> 00:20:10,120 anyone knew that Stitch was going to just blow up the way 362 00:20:10,120 --> 00:20:13,240 that it did for the live action remake just because we've been 363 00:20:13,240 --> 00:20:16,760 so. Concerned about like like let's 364 00:20:16,760 --> 00:20:20,040 let us remember Snow White, which I'm pretty sure was also 365 00:20:20,040 --> 00:20:21,520 last year. Correct me if I'm wrong, Jeff, 366 00:20:21,520 --> 00:20:24,240 but it. Was last year and it's nominated 367 00:20:24,240 --> 00:20:27,480 for a Razzie as one of the worst movies of the year. 368 00:20:27,880 --> 00:20:29,920 Yeah. So, so we had the two extremes 369 00:20:29,920 --> 00:20:32,840 last year. We had LILO and Stitch live 370 00:20:32,840 --> 00:20:36,360 action and we also had that and so. 371 00:20:36,480 --> 00:20:39,600 What is Razzie? The the Razzie Awards. 372 00:20:39,600 --> 00:20:42,400 There that the worst. You have the Oscars and the 373 00:20:42,400 --> 00:20:45,720 following Sunday you have the worst movies of the year, worst 374 00:20:45,720 --> 00:20:48,560 actors, worst actresses. Do the people show up to this 375 00:20:48,560 --> 00:20:49,560 awards? Are they real? 376 00:20:49,560 --> 00:20:51,480 Not very often, but once in a while. 377 00:20:51,480 --> 00:20:53,680 I think Halle Berry maybe did for Catwoman. 378 00:20:53,680 --> 00:20:56,280 It was hilarious. Yeah, someone did. 379 00:20:56,280 --> 00:20:58,920 I think it was maybe Sandra Bullock or something for 380 00:20:58,920 --> 00:20:59,680 somebody. You did too. 381 00:20:59,680 --> 00:21:02,160 Yeah. Can we have a Razzies party 382 00:21:02,160 --> 00:21:04,560 also? Jeff's throwing a Oscar party, 383 00:21:04,560 --> 00:21:06,840 but I feel like we should have a Razzies party also. 384 00:21:07,560 --> 00:21:09,000 That would be great. That would be great. 385 00:21:09,080 --> 00:21:11,960 Well, I will say this in the past and now that they used to 386 00:21:11,960 --> 00:21:15,960 do it before the Oscars, but back when they did it before, 387 00:21:16,440 --> 00:21:20,280 the loser of my game at the Oscar party got whatever was the 388 00:21:20,280 --> 00:21:22,560 worst movie of the year in their gift basket. 389 00:21:22,560 --> 00:21:23,840 So. Wow, but. 390 00:21:24,560 --> 00:21:26,640 Now we won't know until after the Oscars. 391 00:21:26,640 --> 00:21:30,120 What is the typical? I don't know if the word I want 392 00:21:30,120 --> 00:21:33,520 to say term rain. Like what is the typical 393 00:21:35,040 --> 00:21:39,040 lifeline of ACEO at the Walt Disney Company? 394 00:21:39,040 --> 00:21:40,800 Like how many years did they what? 395 00:21:41,320 --> 00:21:46,200 Six, you had Walt, then you had Roy Miller, who only lasted a 396 00:21:46,200 --> 00:21:49,240 couple years. Eisner was there forever, then 397 00:21:49,240 --> 00:21:52,120 Eiger was there forever, Then Chapeck was only there for two 398 00:21:52,120 --> 00:21:54,160 years, you know, and then Eisner or. 399 00:21:54,520 --> 00:21:58,360 Yeah, I mean the real answer is As for as long as you're making 400 00:21:58,360 --> 00:22:00,600 the company money, I. Guess that's true. 401 00:22:02,240 --> 00:22:06,840 And I mean, you, you have someone young in, in Josh that, 402 00:22:07,560 --> 00:22:09,920 you know, he could be around for a while. 403 00:22:10,000 --> 00:22:12,520 Yeah, he could be around for a good while if he, if he does 404 00:22:12,520 --> 00:22:15,200 things correctly and he sets up that team appropriately. 405 00:22:15,400 --> 00:22:19,200 And from anyone that I've ever heard that has, you know, 406 00:22:19,200 --> 00:22:23,280 written about, right, working with him in any capacity, he, 407 00:22:23,280 --> 00:22:25,680 you know, nothing but positive praise. 408 00:22:26,240 --> 00:22:28,600 You know, he seems to be an amazing person to work for. 409 00:22:28,720 --> 00:22:31,080 He expects a lot of you, which any executive should. 410 00:22:31,400 --> 00:22:35,400 But, you know, very rewarding person to work for, very kind 411 00:22:35,400 --> 00:22:39,000 person to work for. And that just exudes in his 412 00:22:39,000 --> 00:22:42,600 personality, too. I've never personally met him. 413 00:22:43,120 --> 00:22:45,920 I do remember sitting at the boardwalk and I texted you one 414 00:22:45,920 --> 00:22:47,160 day. I know I told you. 415 00:22:47,440 --> 00:22:51,160 To he was across the room and she said go say hi and news 416 00:22:51,160 --> 00:22:54,400 flash I'm an introvert so I was too scared to go say hi so. 417 00:22:55,320 --> 00:22:57,320 But he walked past me once at Disneyland. 418 00:22:57,320 --> 00:22:59,720 That's as close as I ever got. We were coming out of Star Tours 419 00:22:59,720 --> 00:23:01,840 and he was headed towards spacecraft. 420 00:23:01,840 --> 00:23:03,920 You can. You can now say you breathe the 421 00:23:03,920 --> 00:23:06,960 same air as the CEO of the Walt Disney Company. 422 00:23:07,120 --> 00:23:10,200 That's a I've also breathed the same air as you guys and I'll 423 00:23:10,200 --> 00:23:14,600 much take your air. Moreover, they changed. 424 00:23:14,680 --> 00:23:16,120 We changed the furnace filter. Thanks. 425 00:23:16,360 --> 00:23:20,360 So that's. Just wanted to just touch on 426 00:23:20,360 --> 00:23:24,240 real quick, and this came up last, our last round of shows. 427 00:23:24,720 --> 00:23:30,400 Paul, you'd posed the question of what franchise has Universal 428 00:23:30,400 --> 00:23:33,760 or Disney spawned in the last 10 years that really took hold. 429 00:23:34,400 --> 00:23:37,200 And that for some reason that's really sat with me in this 430 00:23:37,200 --> 00:23:39,360 entire month because I was trying to think about that. 431 00:23:40,200 --> 00:23:42,920 And I looked back to because I've kind of been doing a deep 432 00:23:42,920 --> 00:23:45,400 dive on Eisner lately. I don't know why I'm fascinated 433 00:23:45,400 --> 00:23:47,960 with him right now. He's got a great interview on on 434 00:23:47,960 --> 00:23:49,480 the Graham Messenger show right now. 435 00:23:51,560 --> 00:23:54,280 And I think I finally haven't answered your question from like 436 00:23:54,280 --> 00:23:58,200 a month ago. And that is, it used to be 437 00:23:58,200 --> 00:24:01,680 Disney was the franchise. You know, we don't need 438 00:24:02,400 --> 00:24:05,520 something that spawns 18 sequels like Fast and the Furious. 439 00:24:06,200 --> 00:24:10,680 We need Disney to return to what Disney was always good at, which 440 00:24:10,680 --> 00:24:14,520 was storytelling. You don't need 5 Toy Stories if 441 00:24:14,520 --> 00:24:19,360 you have a good solid movie that people can resonate with, that 442 00:24:19,360 --> 00:24:21,240 is the franchise. That's what Disney has always 443 00:24:21,240 --> 00:24:23,160 been about. We didn't need 3 Little Little 444 00:24:23,160 --> 00:24:24,840 Mermaids. We didn't need 3 Beauty and the 445 00:24:24,840 --> 00:24:26,160 Beast. We didn't need 3 Aladdin's. 446 00:24:26,640 --> 00:24:29,440 Some of them we got because of video at the time. 447 00:24:29,440 --> 00:24:33,600 But the stellar movies that you think about in in Disney's last 448 00:24:33,600 --> 00:24:36,880 100 years, less than 5% of them are sequels. 449 00:24:37,160 --> 00:24:41,120 Yeah. So and I, I hope he, he kind of 450 00:24:41,120 --> 00:24:47,000 encourages Dana to abandon what hasn't been working, which more 451 00:24:47,000 --> 00:24:49,960 often than not, the live actions have not resonated with the 452 00:24:49,960 --> 00:24:52,000 fans. Some have done well, let alone 453 00:24:52,000 --> 00:24:53,320 Stitch did well, some of the others. 454 00:24:53,320 --> 00:24:56,920 But for the most part, it was just a cheap money grab for them 455 00:24:56,920 --> 00:24:58,640 because they didn't have to pay for new storytelling they 456 00:24:58,640 --> 00:25:01,000 already had. Yeah, that so. 457 00:25:01,000 --> 00:25:04,080 And let's and let's go back to like, let's go back to diving 458 00:25:04,080 --> 00:25:08,480 into books because you know, the source material for so many of 459 00:25:09,080 --> 00:25:11,520 great movies that are out there come from a book. 460 00:25:12,000 --> 00:25:14,040 And I feel like we're not looking in the right places 461 00:25:14,040 --> 00:25:17,160 anymore for you're, you're, you're looking for the right 462 00:25:17,160 --> 00:25:21,640 screenplay versus the right. It's, it's just like, let's, 463 00:25:22,200 --> 00:25:25,120 let's, let's start just like branching out a little bit more, 464 00:25:25,400 --> 00:25:28,480 but. I would, I would, I would like 465 00:25:28,480 --> 00:25:33,080 to make a request to Dana herself is that can you make 466 00:25:33,080 --> 00:25:37,320 programming now that we have Disney Plus for the Kingdom 467 00:25:37,600 --> 00:25:40,840 Keepers books? Come on. 468 00:25:40,840 --> 00:25:44,160 The fact that nothing has been done with Kingdom Keepers and 469 00:25:44,160 --> 00:25:45,920 they still sell them at some resorts. 470 00:25:45,920 --> 00:25:47,240 They still sell them in the parks. 471 00:25:47,400 --> 00:25:49,680 The fact that you've got Disney Plus to be able to do it, I 472 00:25:49,680 --> 00:25:52,240 think it'd be huge. So that's my quote UN quote wish 473 00:25:52,240 --> 00:25:53,320 list. Thank you. 474 00:25:54,120 --> 00:25:56,480 Well, let's let's go around the room with a wish list real 475 00:25:56,480 --> 00:25:58,360 quick. What are one or two things that 476 00:25:58,360 --> 00:26:04,960 are on your wish list that you hope to see Josh tomorrow do in 477 00:26:04,960 --> 00:26:10,160 his first, we'll say his first year or two as as CEO? 478 00:26:10,160 --> 00:26:12,840 Give it give it a little time because you know, any new 479 00:26:12,840 --> 00:26:15,600 executive walking in doesn't want to necessarily rock the 480 00:26:15,640 --> 00:26:18,080 boat, doesn't want to unless you're Bob Chapek. 481 00:26:18,080 --> 00:26:20,200 You don't want to just completely destroy the company 482 00:26:20,200 --> 00:26:23,200 on day one. But you know, you're definitely 483 00:26:23,200 --> 00:26:24,920 going to leave your mark on some of the things. 484 00:26:24,920 --> 00:26:26,480 You're definitely going to make some decisions. 485 00:26:26,480 --> 00:26:28,960 One of the his biggest decisions that we're going to get into 486 00:26:28,960 --> 00:26:31,600 here in a little bit is going to be who he puts in charge of 487 00:26:31,600 --> 00:26:34,520 parks and resorts. But what do you specifically 488 00:26:34,520 --> 00:26:36,880 hope that he that that Josh Demaro does? 489 00:26:36,880 --> 00:26:38,520 What is? What is something just on that 490 00:26:38,520 --> 00:26:41,720 wish list to that you've either dreamt about or you've heard 491 00:26:41,720 --> 00:26:43,760 about as a rumor for the longest time? 492 00:26:45,280 --> 00:26:46,840 Amy. Oh, sorry. 493 00:26:46,960 --> 00:26:49,240 No, no, go ahead, Jeff, because I I got to think. 494 00:26:50,160 --> 00:26:52,240 Now, this would have to be an announcement because they're not 495 00:26:52,240 --> 00:26:53,600 going to get it done in two years. 496 00:26:54,520 --> 00:26:56,360 We're not going to get what we have done in two years. 497 00:26:56,360 --> 00:27:00,720 But what I would like to see in the next two years from him is 498 00:27:00,720 --> 00:27:05,120 viable plans for expansion at Walt Disney World. 499 00:27:05,120 --> 00:27:07,800 Disneyland's already getting all their new stuff and we've got a 500 00:27:07,800 --> 00:27:11,840 few things here and there, but like kind of historically the 501 00:27:11,840 --> 00:27:16,200 Walt Disney World has gotten a new park every 10 ish years. 502 00:27:16,520 --> 00:27:19,960 You know, you know, Magic Kingdom opened in 71, then Epcot 503 00:27:19,960 --> 00:27:23,600 83 and so on and so forth. We haven't got a new park since 504 00:27:23,640 --> 00:27:26,800 98. We're past, you know, almost 30 505 00:27:26,800 --> 00:27:29,680 years now. I it's time for 1/5 gate. 506 00:27:29,680 --> 00:27:32,880 I spent a lot of time at the parks last week with my aunt and 507 00:27:32,880 --> 00:27:37,920 uncle in town and they are bursting at the seams, 508 00:27:38,240 --> 00:27:43,440 especially Magic Kingdom and Hollywood Studios, those two 509 00:27:43,440 --> 00:27:49,040 parks with the wait times. It's really hard to have an 510 00:27:49,040 --> 00:27:51,360 enjoyable day now. We had the best day that we've 511 00:27:51,360 --> 00:27:53,520 ever had at Hollywood Studios probably in 20 years. 512 00:27:53,520 --> 00:27:56,240 For me, we did. We rode Rise of the Resistance 3 513 00:27:56,240 --> 00:27:59,720 times, which never happens anymore, but that's what used to 514 00:27:59,720 --> 00:28:03,320 be fun is to see how many of your favorite rides you could 515 00:28:03,320 --> 00:28:06,320 ride more than once and and doing everything in the park 516 00:28:06,320 --> 00:28:09,040 that it has to offer. We went to all the shows, we 517 00:28:09,040 --> 00:28:10,800 went to Fantasmic, we had dinner. 518 00:28:11,160 --> 00:28:15,760 We spent a crap ton of money because we had the time to do 519 00:28:15,760 --> 00:28:18,040 everything and to shop and all that kind of stuff. 520 00:28:19,200 --> 00:28:20,560 There needs to be a release valve. 521 00:28:20,560 --> 00:28:23,800 There has to be. And if it's not a fifth park or 522 00:28:23,800 --> 00:28:28,080 not a fifth gate, fine. But let's, let's put, I don't 523 00:28:28,080 --> 00:28:32,760 know, Australia and Antarctica in Animal Kingdom and let's the 524 00:28:32,760 --> 00:28:35,200 freaking Simpsons and whatever else, the Hollywood Studios. 525 00:28:35,200 --> 00:28:39,240 I don't care what it is. I mean, I do, but you can't keep 526 00:28:39,920 --> 00:28:44,840 having a park like Hollywood Studios where it only has five 527 00:28:44,840 --> 00:28:47,560 rides and all five of them are immensely popular because the 528 00:28:47,560 --> 00:28:50,880 wait times get to Presidents Day weekend. 529 00:28:51,400 --> 00:28:53,200 Guardians of the Galaxy was 3 hours. 530 00:28:53,880 --> 00:28:58,600 That's insane, yeah. Nobody wants that experience. 531 00:28:59,160 --> 00:29:01,280 People will do it because they've already spent the money 532 00:29:01,280 --> 00:29:05,480 to be there, but they want manageable wait times. 533 00:29:05,480 --> 00:29:09,080 They don't want to have to pay $200 for a ticket, plus another 534 00:29:09,080 --> 00:29:13,000 $60.00 for lightning lanes plus dinner, plus this, plus like. 535 00:29:13,880 --> 00:29:18,960 They need a cohesive strategy on the future and how to expand 536 00:29:18,960 --> 00:29:23,240 these parks to make them enjoyable for everybody, not 537 00:29:23,240 --> 00:29:26,080 just those that can afford it. Yeah. 538 00:29:26,080 --> 00:29:28,960 I would also argue that a lot of these things in these parks that 539 00:29:28,960 --> 00:29:32,640 used to be, I don't know if I want to call him time sucks or 540 00:29:32,640 --> 00:29:37,000 people sucks, but they've been around for so long that it's 541 00:29:37,000 --> 00:29:40,240 time to either reinvent them or inject something new. 542 00:29:40,240 --> 00:29:43,760 Great example is the Beauty and the Beast stage show that is at, 543 00:29:44,000 --> 00:29:45,760 you know, Hollywood studios like that. 544 00:29:45,800 --> 00:29:48,600 I've not seen that state like that. 545 00:29:48,600 --> 00:29:52,040 That theater filled for a performance for a long time. 546 00:29:52,760 --> 00:29:56,160 Indiana Jones still draws in a pretty decent crowd. 547 00:29:56,520 --> 00:29:59,160 That's good. But like, what if we injected a 548 00:29:59,160 --> 00:30:02,560 new scene into that? What if we change something up 549 00:30:02,560 --> 00:30:05,840 they unfortunately are happening to right now because the boulder 550 00:30:06,440 --> 00:30:08,480 bouldered bouldered a cast member. 551 00:30:10,040 --> 00:30:14,680 But you know what? If we give give a reason for 552 00:30:14,680 --> 00:30:20,320 people to come back and see that show and liven it up and then it 553 00:30:20,320 --> 00:30:22,800 can hopefully be a little bit of that release valve. 554 00:30:22,800 --> 00:30:26,320 But I agree with you, Jeff, in that you look at what 555 00:30:26,320 --> 00:30:29,160 Disneyland's doing right now and we have the blueprints of 556 00:30:29,160 --> 00:30:31,640 Disneyland forward. We know what that vision looks 557 00:30:31,640 --> 00:30:35,800 like even past the first phase of what this looks like now. 558 00:30:35,800 --> 00:30:41,920 You could say that you know, the the plans are in place, there's 559 00:30:41,920 --> 00:30:45,600 approval in place for 1/5 gate at Walt Disney World. 560 00:30:45,600 --> 00:30:49,640 There's also approvals in place for additional smaller parks. 561 00:30:49,640 --> 00:30:53,160 But all an approval means is that yeah, we have the option to 562 00:30:53,160 --> 00:30:56,520 do it at any point in which we want to, but there's no concrete 563 00:30:56,520 --> 00:30:59,400 like plan and blueprint for this. 564 00:31:00,160 --> 00:31:04,800 So it, it, we're at a point where especially domestic parks 565 00:31:04,800 --> 00:31:07,560 related. I, I think that if they want 566 00:31:07,560 --> 00:31:10,360 people to keep coming back, they have to inject, you know, that 567 00:31:10,360 --> 00:31:13,320 money. And hopefully that is why we've 568 00:31:13,640 --> 00:31:17,840 seen them kind of just stop, put pump the brakes on villains land 569 00:31:17,840 --> 00:31:20,760 a minute and just kind of say this has to be better. 570 00:31:20,880 --> 00:31:24,760 This has to be bigger, It has to be better, You know, no, no 571 00:31:24,760 --> 00:31:27,680 budget right now. Let us and, and when you guys 572 00:31:27,680 --> 00:31:30,400 were talking earlier, that's where my head was going was like 573 00:31:31,000 --> 00:31:34,840 as a creative, as as someone that was a musician at one point 574 00:31:34,840 --> 00:31:38,600 in time, It's so hard to be creative and also have to worry 575 00:31:38,600 --> 00:31:39,960 about the bottom line at the same time. 576 00:31:39,960 --> 00:31:42,200 And that's essentially what Imagineering has been asked to 577 00:31:42,200 --> 00:31:46,120 do for so long that no wonder they probably came to the table 578 00:31:46,120 --> 00:31:49,600 with ideas that also came with a budget sheet sheet saying how 579 00:31:49,600 --> 00:31:51,000 they were going to pay for the ideas. 580 00:31:51,440 --> 00:31:58,520 But to ask those people then to imagine with no concept of, of 581 00:31:58,520 --> 00:32:02,280 funds, I think that's what you have to ask of imagineering at 582 00:32:02,280 --> 00:32:03,840 that point. That's that freedom that you 583 00:32:03,840 --> 00:32:07,320 have to give them. And then you can say at the end 584 00:32:07,320 --> 00:32:09,440 of the day, yes, we can do XY and Z. 585 00:32:09,440 --> 00:32:11,640 That's gonna have to wait. We're gonna have to, you know, 586 00:32:11,640 --> 00:32:14,800 exactly what again, what they did with Epic Universe, you 587 00:32:14,800 --> 00:32:17,600 know, kind of they they made cuts where they had to, but also 588 00:32:17,600 --> 00:32:20,600 they have Plan B in place where after the first year of the 589 00:32:20,600 --> 00:32:24,440 park, if they saw success, which they did, they're already moving 590 00:32:24,440 --> 00:32:27,040 forward with another Harry Potter ride and other stuff. 591 00:32:27,160 --> 00:32:29,240 Gonder. Well, and God, sorry, really 592 00:32:29,280 --> 00:32:31,120 quick and then Derek really quick. 593 00:32:31,120 --> 00:32:35,240 What in God's name do they think has Disney parks in the last 10 594 00:32:35,240 --> 00:32:38,560 year lost money? Have they ever been the one the 595 00:32:38,640 --> 00:32:42,640 the the group of Disney divisions that have been holding 596 00:32:42,640 --> 00:32:45,400 up the rear? Like it's like when you build a 597 00:32:45,560 --> 00:32:48,400 new casino in Las Vegas. The Venetian broke even in two 598 00:32:48,400 --> 00:32:51,480 days and it cost like $10 billion or something when they 599 00:32:51,480 --> 00:32:53,720 made it. Like they know they're going to 600 00:32:53,720 --> 00:32:55,760 make their money back. Why are they counting the 601 00:32:55,760 --> 00:32:57,880 pennies to get there? Sorry. 602 00:32:57,960 --> 00:33:01,280 And it's and well, and it's equally comical for that because 603 00:33:01,280 --> 00:33:05,600 we can also make billion dollar movie flops at the same time and 604 00:33:05,600 --> 00:33:08,920 just laugh it off and just sort of say, whoopsie, that one 605 00:33:08,920 --> 00:33:13,120 didn't hit home. No, and and I was just going to 606 00:33:13,120 --> 00:33:16,440 say to add on because Jeff basically covered my entire wish 607 00:33:16,440 --> 00:33:19,920 list, which as cliche as it is to say, what would you like to 608 00:33:19,920 --> 00:33:22,360 see happen is and mine's real quick. 609 00:33:22,520 --> 00:33:24,480 You got to add a fifth gate. I'm sorry. 610 00:33:24,480 --> 00:33:29,200 And I don't care how exciting and fantastic villains Land is 611 00:33:29,200 --> 00:33:34,080 going to be, it's still in the most visited theme park on the 612 00:33:34,080 --> 00:33:39,520 planet Earth, which means if it is super amazingly awesome, then 613 00:33:39,520 --> 00:33:44,360 even more people will want to be inside the most visited theme 614 00:33:44,360 --> 00:33:47,520 park on the planet Earth. Like Jeff said, you've got to 615 00:33:47,520 --> 00:33:51,920 release the spigot somewhere and you have to have a fifth gate. 616 00:33:52,120 --> 00:33:55,200 You've got a fifth gate because I, I was thinking the other day 617 00:33:55,520 --> 00:33:58,120 and I was like, Oh my God, I can't believe that Lakeshore 618 00:33:58,120 --> 00:34:00,840 Lodge and I saw some pictures is coming along so big. 619 00:34:01,040 --> 00:34:03,880 And then I was talking to my wife Annie and she's like, yeah, 620 00:34:03,880 --> 00:34:07,160 but it's like it's still a Magic Kingdom Resort hotel And you're 621 00:34:07,160 --> 00:34:09,440 like, Oh my God, you're exactly right. 622 00:34:09,760 --> 00:34:12,920 Like one of the biggest hotel size wise that Disney's building 623 00:34:12,920 --> 00:34:18,120 is again a Magic Kingdom Resort hotel, which will mean thousand 624 00:34:18,120 --> 00:34:23,320 10s of thousands of more people taking the boat to go to the 625 00:34:23,320 --> 00:34:26,000 most visited theme park on the planet Earth. 626 00:34:26,120 --> 00:34:29,040 Again, you've got to get a fifth gate. 627 00:34:29,040 --> 00:34:30,560 I don't care what that fifth gate is. 628 00:34:30,560 --> 00:34:33,560 I don't have any blue sky ideas about a fifth gate. 629 00:34:33,840 --> 00:34:37,120 But you have to announce it at least sometime in the next few 630 00:34:37,120 --> 00:34:39,800 years. But his first announcement when 631 00:34:39,800 --> 00:34:44,120 he takes over should be what is coming to Disney's Boardwalk. 632 00:34:44,520 --> 00:34:49,320 Thank you. Hey, breaking news, by the way, 633 00:34:49,320 --> 00:34:52,679 there's been some shrubbery that's been put up outside of. 634 00:34:53,080 --> 00:34:56,040 Shrubbery. The old the old Big River Grill. 635 00:34:56,040 --> 00:35:00,360 There's shrubbery. So I saw, I saw that. 636 00:35:00,800 --> 00:35:03,880 Amy, do you have any dreams or wishes from our next CEO? 637 00:35:04,160 --> 00:35:06,240 They they all went big with the 5th gate. 638 00:35:06,240 --> 00:35:08,040 I'm going to rein it in a little more. 639 00:35:09,240 --> 00:35:13,120 I would like some new pavilions and world showcase. 640 00:35:13,120 --> 00:35:17,920 There's some gaps in some space and there's been rumors for like 641 00:35:18,000 --> 00:35:21,200 20 years now. I feel like we just do, we need 642 00:35:21,200 --> 00:35:23,800 some more countries. So that's all I got and that 643 00:35:23,840 --> 00:35:25,360 kind of. That's great because that kind 644 00:35:25,360 --> 00:35:27,640 of goes back to what I was saying before is if it's not a 645 00:35:27,640 --> 00:35:31,040 fifth gate, then you have to improve the existing parks to a 646 00:35:31,040 --> 00:35:33,920 point that it can handle. More, yeah, we need more 647 00:35:33,920 --> 00:35:39,040 capacity, more, more queues, more rides, more shows, more 648 00:35:39,040 --> 00:35:40,800 things that take people more space. 649 00:35:41,600 --> 00:35:44,560 What's funny to me is how long did it take them to remove 650 00:35:44,560 --> 00:35:48,360 Dinoland from the map like it was. 2nd. 651 00:35:49,560 --> 00:35:52,960 Once Dinosaur closed it just became green space on the map. 652 00:35:53,240 --> 00:35:56,680 Yet that weird building where Body Wars used to be is still 653 00:35:56,680 --> 00:35:59,840 showing on the Epcot map. And then you can visit here, but 654 00:35:59,840 --> 00:36:02,760 you can't go in like I don't know. 655 00:36:04,400 --> 00:36:07,600 Yeah, I don't know. There needs to be some some 656 00:36:07,600 --> 00:36:11,080 improvement on capacity. Well, and Epcot in general, like 657 00:36:11,080 --> 00:36:13,760 we're sitting here and they're like this year was the first 658 00:36:13,760 --> 00:36:17,360 year that they were saying the Epcot reimagination is complete 659 00:36:17,360 --> 00:36:19,320 and you're just looking around. I don't like the word. 660 00:36:19,320 --> 00:36:21,600 You're looking around Epcot and you're just like. 661 00:36:22,840 --> 00:36:24,080 But no park. We lost. 662 00:36:24,120 --> 00:36:26,480 We lost more than we gained. No park should ever be 663 00:36:26,480 --> 00:36:29,400 considered complete. I mean, there's it should always 664 00:36:29,400 --> 00:36:30,840 be. Yeah, it should always be 665 00:36:30,840 --> 00:36:33,040 growing. And I think I, I think we 666 00:36:33,040 --> 00:36:36,120 really, it just in parks in general need to get into a 667 00:36:36,120 --> 00:36:42,520 process of having 2345 new things that you're looking 668 00:36:42,520 --> 00:36:47,080 forward to every single year. 2026 is one of those weird years 669 00:36:47,320 --> 00:36:52,280 where there's nothing that jumps off the page that I think anyone 670 00:36:52,280 --> 00:36:55,040 is super excited about that's going to be opening. 671 00:36:55,040 --> 00:37:00,360 Monsters at open. 2028. 80 so you've got a lot. 672 00:37:00,400 --> 00:37:04,720 So 20.6 is is a void. 2026 is kind of a void. 673 00:37:04,720 --> 00:37:07,240 I, I can't sit here and tell you anything that's really 674 00:37:07,240 --> 00:37:10,280 substantial that is really going to be opening. 675 00:37:10,280 --> 00:37:13,400 I mean, we've got big Thunder, we'll be back up and running. 676 00:37:14,640 --> 00:37:17,040 You know, maybe I. Mean I love it but. 677 00:37:17,200 --> 00:37:21,520 Maybe some small things here and there, but you you can really 678 00:37:21,520 --> 00:37:25,360 kind of just argue that there's nothing driving people to to the 679 00:37:25,360 --> 00:37:26,760 parks this year. And that's going to be the 680 00:37:26,760 --> 00:37:28,840 problem they have with some of these larger problems for the 681 00:37:28,840 --> 00:37:30,800 next few years. And you kind of just don't want 682 00:37:30,800 --> 00:37:32,880 to get yourself in a position where you have those in the 683 00:37:32,880 --> 00:37:34,760 future. If you want, if you want that 684 00:37:34,760 --> 00:37:37,920 reason that people come back time and time again, you need to 685 00:37:37,920 --> 00:37:40,880 kind of just space these rides out a little bit more, time them 686 00:37:40,880 --> 00:37:44,480 a little bit more appropriately. Find a new construction company 687 00:37:44,480 --> 00:37:46,880 so that the next Tron doesn't take seven years. 688 00:37:46,880 --> 00:37:48,920 I don't know what you know, whatever it is. 689 00:37:49,200 --> 00:37:51,360 Well, and why, why we're talking about Tron. 690 00:37:51,600 --> 00:37:54,320 You know, Derek made his appeal to Dana Walden. 691 00:37:54,320 --> 00:37:57,280 I'm going to make my appeal to whoever is listening that can 692 00:37:57,280 --> 00:37:59,760 solve this. Can you please, for the love of 693 00:37:59,760 --> 00:38:03,080 God, stop making rides that are only 45 seconds long after 694 00:38:03,080 --> 00:38:07,120 waiting 2 1/2 hours for it? Tron Rock and roller coaster, 695 00:38:07,600 --> 00:38:10,760 You know what I mean? Like give us a ride like 696 00:38:10,880 --> 00:38:14,040 Stardust Racers last for like, I don't know, 17 minutes. 697 00:38:14,040 --> 00:38:19,080 It feels like, like give us a ride that actually is the payoff 698 00:38:19,080 --> 00:38:20,240 for the line that we just waited. 699 00:38:20,240 --> 00:38:23,040 Good. Point, yeah. 700 00:38:23,520 --> 00:38:26,240 For sure. Oh, and and, and and I would 701 00:38:26,240 --> 00:38:30,520 like Josh tomorrow on his second day to sit with the animals at 702 00:38:30,520 --> 00:38:34,360 Animal Kingdom and allow them to have the park stay open later 703 00:38:34,840 --> 00:38:37,360 just because the park's really, really cool at night and the 704 00:38:37,360 --> 00:38:42,200 fact that that shuts down so early any and I went last week 705 00:38:42,200 --> 00:38:44,800 with Connor and it happened to be open later at night. 706 00:38:45,200 --> 00:38:48,240 Man, it just takes on a whole different vibe and you feel like 707 00:38:48,240 --> 00:38:52,280 it could also, again, release the spigot if people decided 708 00:38:52,280 --> 00:38:54,880 that Animal Kingdom was not 1/2 day, Maybe they want to send 709 00:38:54,880 --> 00:38:57,960 their second-half of the day at Animal Kingdom Verse. 710 00:38:58,200 --> 00:39:01,720 You could see people literally running towards the exits of 711 00:39:01,720 --> 00:39:03,880 Animal Kingdom at that typical time because where are they 712 00:39:03,880 --> 00:39:05,320 going? They got to go watch the 713 00:39:05,320 --> 00:39:08,000 fireworks. So they're going to Epcot or 714 00:39:08,000 --> 00:39:11,280 they're going to the most visited theme park on the planet 715 00:39:11,280 --> 00:39:12,480 Earth. That's where they're going. 716 00:39:12,960 --> 00:39:14,960 I really thought Jeff was going to say something there for a 717 00:39:14,960 --> 00:39:16,840 second, but he just took a really long. 718 00:39:16,840 --> 00:39:20,440 Deep breath so I can hold back. So let's go. 719 00:39:20,440 --> 00:39:23,920 Let's dive into the other $1,000,000 question, which is 720 00:39:23,920 --> 00:39:25,880 going to actually probably be Josh. 721 00:39:25,880 --> 00:39:29,520 Tomorrow's first decision is who is going to take over at Parks 722 00:39:29,520 --> 00:39:32,080 and Resorts and what does any of this really mean for Disney 723 00:39:32,080 --> 00:39:34,400 Vacation Club? And I'll answer the second 724 00:39:34,400 --> 00:39:38,440 question first, which is that I, I can sit here pretty 725 00:39:38,440 --> 00:39:41,080 confidently and say that I don't think anything is going to 726 00:39:41,080 --> 00:39:43,840 change with Disney Vacation Club as we know it right now. 727 00:39:44,840 --> 00:39:48,400 Because not only do you still have Josh kind of leading the 728 00:39:48,400 --> 00:39:50,880 ship and he's definitely parks focused. 729 00:39:50,880 --> 00:39:53,000 So he's going to keep an eye on what's going on there. 730 00:39:53,280 --> 00:39:56,200 But a lot of these contenders and some of the primary 731 00:39:56,200 --> 00:39:59,880 contenders that are potentially going to take over as the 732 00:39:59,880 --> 00:40:03,680 Chairman of parks, Parks and resorts have already kind of 733 00:40:03,680 --> 00:40:07,520 worked in this sphere and have already kind of molded what 734 00:40:07,520 --> 00:40:09,840 Disney Vacation Club looks like today. 735 00:40:11,120 --> 00:40:17,080 Again, Scott Gustin over on X. He also has a sub stack where he 736 00:40:17,080 --> 00:40:20,720 writes up some great articles and he put together kind of 737 00:40:20,720 --> 00:40:23,880 justice his thoughts on a laundry list of people that 738 00:40:23,880 --> 00:40:26,360 potentially could be up for this position. 739 00:40:27,440 --> 00:40:31,920 Top contenders include Thomas Maslem, which that should be a 740 00:40:31,920 --> 00:40:34,600 name that's very familiar to anyone that's been around for a 741 00:40:34,600 --> 00:40:36,720 little while. He led Disney signature 742 00:40:36,720 --> 00:40:40,480 experiences, which is what Disney Vacation Club falls 743 00:40:40,480 --> 00:40:43,320 under. He recently moved to Disneyland 744 00:40:43,600 --> 00:40:47,160 supposedly to help oversee Disneyland forward and the 745 00:40:47,160 --> 00:40:51,320 expansion over there. But well-rounded enough to be 746 00:40:51,320 --> 00:40:53,720 probably one of the top picks for this. 747 00:40:55,280 --> 00:40:58,640 Other options include Joe Schott, who is the current 748 00:40:58,640 --> 00:41:05,360 Disney Signature Experiences VP, who again running Disney Cruise 749 00:41:05,360 --> 00:41:08,760 Line, running Disney Vacation Club Adventures by Disney 750 00:41:08,800 --> 00:41:11,000 Aulani. Other names in the running 751 00:41:11,000 --> 00:41:14,920 include Jeff Vale who currently overseas Walt Disney World. 752 00:41:15,280 --> 00:41:20,640 You have Natasha Rafalski who actually is currently the 753 00:41:20,640 --> 00:41:24,960 president of Disneyland Paris. A decision like that could be a 754 00:41:24,960 --> 00:41:28,920 signal that Disney wants to double down on international 755 00:41:28,920 --> 00:41:32,040 parks and resorts. You have Ken Potrock. 756 00:41:33,000 --> 00:41:38,200 Ken, I think is a personally, I, I think it's probably not going 757 00:41:38,200 --> 00:41:41,440 to really be that that person because I think Ken is kind of 758 00:41:41,440 --> 00:41:45,760 moved on from parks and resorts. He's currently kind of, I don't, 759 00:41:45,760 --> 00:41:49,240 I don't even remember his role title, but it's something 760 00:41:49,240 --> 00:41:52,760 related to event integration and he's working on how does 761 00:41:52,760 --> 00:41:56,640 Disneyland integrate with the 2028 Olympic Games. 762 00:41:57,040 --> 00:42:02,120 So to me, it almost sounds like a hey, here's here's the last 763 00:42:02,120 --> 00:42:07,520 retirement gig before you go. And then just a wild card that I 764 00:42:07,520 --> 00:42:10,160 thought was interesting that Scott put on the list here, 765 00:42:10,400 --> 00:42:14,920 which was Bruce Vaughn, who is currently the chief creative 766 00:42:14,920 --> 00:42:16,680 officer of Walt Disney Imagineering. 767 00:42:17,600 --> 00:42:21,800 And that would be a very bold selection kind of signaling the 768 00:42:21,800 --> 00:42:24,920 resurgence of Imagineering and the importance that it has. 769 00:42:25,000 --> 00:42:29,520 But does Bruce necessarily, you know, have the have the chops to 770 00:42:29,520 --> 00:42:33,280 fully run parks and resorts? That remains to be seen. 771 00:42:33,280 --> 00:42:35,640 But this is going to be the first decision that Josh has to 772 00:42:35,640 --> 00:42:39,080 make, and this will solely be his decision. 773 00:42:40,200 --> 00:42:43,160 Any thoughts to any of those options? 774 00:42:43,160 --> 00:42:46,360 Or do we think a different wild card will emerge here? 775 00:42:47,160 --> 00:42:50,360 I think we've put Amy to sleep. It's going to be me I'm 776 00:42:50,400 --> 00:42:51,440 expecting. My phone call? 777 00:42:51,440 --> 00:42:54,880 I'd vote for that. I, I think probably the 778 00:42:54,880 --> 00:42:58,920 clearest, you know, contenders, probably Thomas Masloom. 779 00:42:58,920 --> 00:43:02,280 He's just seems like the anointed one for, for what's 780 00:43:02,280 --> 00:43:04,960 next, Although I don't know that I'm fully on board with that 781 00:43:04,960 --> 00:43:08,200 decision. Personally, I, I, I kind of like 782 00:43:08,200 --> 00:43:11,000 the idea, honestly, of I can't remember her name from 783 00:43:11,000 --> 00:43:14,000 Disneyland Paris. She's, she's done some really 784 00:43:14,000 --> 00:43:17,520 cool things with the second gate over there and the expansion of 785 00:43:17,520 --> 00:43:21,080 that park that was barely a park before that. 786 00:43:21,520 --> 00:43:24,360 You know, when, when I went to Disneyland Paris, we were over 787 00:43:24,360 --> 00:43:27,040 there for about 30 minutes and spent the rest of our time at 788 00:43:27,040 --> 00:43:32,080 Disneyland Paris proper. I like the idea of somebody 789 00:43:32,080 --> 00:43:33,760 renting parks that came up through parks. 790 00:43:33,760 --> 00:43:38,440 So rather than all the other stuff, it seems like, and, and 791 00:43:38,440 --> 00:43:42,720 maybe this is naive of me to say, but it seems like DVC and 792 00:43:42,720 --> 00:43:47,160 cruise line kind of just run themselves based on their 793 00:43:47,160 --> 00:43:49,040 popularity. It doesn't take a lot of 794 00:43:49,040 --> 00:43:52,680 oversight to keep them as business as usual, where the 795 00:43:52,680 --> 00:43:57,160 Parks and the movie sides of things takes a much more active 796 00:43:57,240 --> 00:43:59,080 role from those that are leading them. 797 00:43:59,080 --> 00:44:01,920 So that's why I kind of personally like the idea of 798 00:44:01,920 --> 00:44:04,720 somebody coming up to that position from Parks. 799 00:44:05,120 --> 00:44:09,600 But they stopped taking my phone calls years ago, so my opinion 800 00:44:09,600 --> 00:44:13,200 really doesn't matter that much. But you're dressed for your 801 00:44:13,200 --> 00:44:15,320 formal interview now. I sure AM. 802 00:44:18,200 --> 00:44:20,800 Derek, what are your thoughts on some of these candidates? 803 00:44:21,480 --> 00:44:24,000 You know, well, yeah, I think, I mean, I'm sure they're all 804 00:44:24,000 --> 00:44:26,400 definitely qualified and I'm sure they've all made their 805 00:44:26,400 --> 00:44:29,640 pitches on why they should or should, you know, maybe not get 806 00:44:29,640 --> 00:44:32,160 the job. I just think, like Jeff said, I 807 00:44:32,160 --> 00:44:34,120 think it's important that if you're looking for, you know, 808 00:44:34,120 --> 00:44:36,480 someone to run parks and resorts, you got to have good 809 00:44:36,480 --> 00:44:40,200 parks and resorts experience, you know, and I, I think plus, 810 00:44:40,480 --> 00:44:43,440 if you're going to be replacing him, it's got to be someone that 811 00:44:43,440 --> 00:44:46,240 he's comfortable with because he's obviously going to have, I 812 00:44:46,240 --> 00:44:49,720 would imagine the final say as who's taking my job. 813 00:44:50,040 --> 00:44:53,480 And so if anything goes wrong with the person that you said 814 00:44:53,480 --> 00:44:56,600 you want to replace you in your job, it's going to come back to 815 00:44:56,600 --> 00:44:58,800 you. So I think he's definitely going 816 00:44:58,800 --> 00:45:02,600 to give a lot of thought to it. You know, they all have pros and 817 00:45:02,600 --> 00:45:06,720 this and it it, it just makes me think that parks people are just 818 00:45:06,720 --> 00:45:08,920 different, you know, and that's when we were talking about 819 00:45:08,920 --> 00:45:11,840 people that have met Josh and I obviously being with Disney for 820 00:45:11,840 --> 00:45:14,320 a very long time, still have a ton of friends that are cast 821 00:45:14,320 --> 00:45:17,200 members and many when I asked them about, you know, Josh's 822 00:45:17,200 --> 00:45:19,800 appointment, not one person was disappointed. 823 00:45:20,120 --> 00:45:22,320 Not one. And everybody would have 824 00:45:22,320 --> 00:45:24,720 stories. Anybody that has met him, you 825 00:45:24,720 --> 00:45:28,720 know, on for whatever reason, maybe they introduced and said, 826 00:45:28,720 --> 00:45:31,840 oh, hi, Mr. Demaro, I'm so and so the first thing that he would 827 00:45:31,840 --> 00:45:34,680 always say is call me Josh. That was it. 828 00:45:34,760 --> 00:45:38,640 And so I think park's people are cut from a different cloth 829 00:45:38,640 --> 00:45:40,160 first. You know, I've heard the 830 00:45:40,200 --> 00:45:45,920 complete opposite stories of Mr. J Peck when he was here where 831 00:45:45,920 --> 00:45:49,240 people would meet him and it was referred to him and as Mr. Jake 832 00:45:49,240 --> 00:45:52,440 back. So I think Josh is for me. 833 00:45:52,440 --> 00:45:56,080 I just keep going back to it's there's no picture. 834 00:45:56,360 --> 00:45:58,240 I said always coming up when I'm talking. 835 00:45:58,600 --> 00:46:00,920 Sorry about. Yeah. 836 00:46:01,080 --> 00:46:05,440 So I'm really excited. And I think that's what's 837 00:46:05,640 --> 00:46:09,320 interesting is that Disney fans, I think I would imagine if you 838 00:46:09,320 --> 00:46:12,760 were to do a poll, Paul, you know that I would say in the 90% 839 00:46:12,800 --> 00:46:17,720 would be excited about Josh taking over as CEO versus any 840 00:46:17,720 --> 00:46:20,200 other choice. Yep, totally. 841 00:46:20,680 --> 00:46:25,880 And you mentioned Jeff Eisner at one, at one point, you know, he 842 00:46:25,880 --> 00:46:29,920 came out with some pretty, you know, positive praise for Josh 843 00:46:29,920 --> 00:46:33,600 and, and this selection gave him some, gave him some feedback. 844 00:46:33,600 --> 00:46:37,400 And, and I think the feedback that he gave really is testament 845 00:46:37,400 --> 00:46:42,600 to who who Josh tomorrow is, You know, talking about the 846 00:46:42,600 --> 00:46:45,000 importance of the people, talking about the importance of 847 00:46:45,000 --> 00:46:48,080 the fans, talking about the customer and, and the, and the 848 00:46:48,080 --> 00:46:51,240 priorities there and, and making sure you continue to listen to 849 00:46:51,240 --> 00:46:55,600 them in all of this. I think, I think we as Disney 850 00:46:55,600 --> 00:46:59,520 fans need to remember too, that this is like Derek was saying 851 00:46:59,520 --> 00:47:01,800 earlier, it's probably the most visible CEO. 852 00:47:02,520 --> 00:47:05,200 Nobody cares who the CEO of Universal is. 853 00:47:05,360 --> 00:47:07,560 Nobody knows. I think maybe the only other 854 00:47:07,560 --> 00:47:09,480 company that springs to mind is maybe Apple. 855 00:47:09,880 --> 00:47:13,960 You know, when Steve Jobs left and who was going to focus that 856 00:47:14,080 --> 00:47:17,120 same type of visionary, You know, what's next for the 857 00:47:17,120 --> 00:47:20,400 company? But I think we as Disney fans 858 00:47:20,400 --> 00:47:24,000 have to remember that it's not our company, even though we like 859 00:47:24,000 --> 00:47:26,960 to think it is. And he's going to make some 860 00:47:26,960 --> 00:47:28,480 mistakes. He's going to do some things 861 00:47:28,480 --> 00:47:32,240 that we disagree with. It's important to keep that in 862 00:47:32,760 --> 00:47:37,000 the broader scope of Eisner made some mistakes too, but we still 863 00:47:37,000 --> 00:47:40,720 look at him as he probably changed the Walt Disney Company 864 00:47:41,040 --> 00:47:43,720 more than anybody else besides Walt himself. 865 00:47:43,960 --> 00:47:45,920 Walt made his own mistakes, you know what I mean? 866 00:47:45,920 --> 00:47:50,200 So let's not, let's not like crucify him when he missteps. 867 00:47:50,600 --> 00:47:55,040 Just encourage forward thinking. And we're all very parks 868 00:47:55,040 --> 00:47:57,680 focused. But you know, truth, truth be 869 00:47:57,680 --> 00:48:03,160 told, while parks is the private, the the profit driver 870 00:48:03,160 --> 00:48:06,840 for the Walt Disney Company right now, what really needs 871 00:48:06,840 --> 00:48:09,600 fixed in the company is in the other areas. 872 00:48:09,600 --> 00:48:13,920 It's related to looking at Disney Plus and looking at how 873 00:48:13,920 --> 00:48:18,360 that relationship, looking at ESPN and how does that evolve 874 00:48:18,360 --> 00:48:20,640 moving forward and then looking at studios. 875 00:48:21,120 --> 00:48:24,800 Those are really the areas of opportunity I view right now. 876 00:48:25,160 --> 00:48:27,000 You know, parks will do its thing. 877 00:48:27,000 --> 00:48:30,760 And I don't want to say parks can be ignored, but parks, you 878 00:48:30,760 --> 00:48:34,560 know, to, to as we said, parks can kind of just churn along 879 00:48:34,560 --> 00:48:37,520 Disney Vacation Club can kind of just churn along Disney Cruise 880 00:48:37,520 --> 00:48:39,920 Line. The, the Cruise's industry's 881 00:48:39,920 --> 00:48:45,280 growth post pandemic is insane. And people are just, you know, 882 00:48:45,280 --> 00:48:47,880 chomping at the bit to get on a cruise ship left and right no 883 00:48:47,880 --> 00:48:50,320 matter what what cost is thrown at you. 884 00:48:50,320 --> 00:48:53,480 Even companies that we praise, like Royal Caribbean, they're 885 00:48:53,480 --> 00:48:55,960 not offering the deals that they used to because they don't have 886 00:48:55,960 --> 00:48:59,720 to because they're just like, we're 75% booked for two years 887 00:48:59,720 --> 00:49:00,520 from now. Why? 888 00:49:00,640 --> 00:49:02,960 Like, why discount it? You know, people are booking 889 00:49:03,640 --> 00:49:05,280 supply and demand. We're going to increase the 890 00:49:05,280 --> 00:49:09,480 price. And so it'll be interesting to 891 00:49:09,480 --> 00:49:14,480 see just where his focus goes at first in the company and, and 892 00:49:14,480 --> 00:49:18,400 kind of what he tackles because again, like just trying to look 893 00:49:18,400 --> 00:49:21,520 at it from pure profit and revenue standpoint, you're like, 894 00:49:21,520 --> 00:49:24,680 you could, there's so much that could be fixed over here with 895 00:49:24,720 --> 00:49:31,520 studios and with television and the evolving streaming wars that 896 00:49:31,520 --> 00:49:37,000 we're getting into these days that that can really be where 897 00:49:37,000 --> 00:49:39,360 they can make some money. And that's what a shareholder is 898 00:49:39,360 --> 00:49:40,840 really looking for at the end of the day. 899 00:49:41,920 --> 00:49:45,000 And and, and just like you said, Paul, which is perfect is a lot 900 00:49:45,000 --> 00:49:47,920 of these moves, they may not be quote UN quote sexy. 901 00:49:48,080 --> 00:49:50,480 They may not be, you know, something that you, you know, 902 00:49:50,480 --> 00:49:53,160 read about and we see it on DVC fan blah, blah, blah. 903 00:49:53,160 --> 00:49:56,040 It could be behind the scenes stuff with ABC, it could be 904 00:49:56,040 --> 00:49:58,120 behind the scenes stuff with ESPN. 905 00:49:58,280 --> 00:50:00,640 But at the end of the day, does it make the board members happy? 906 00:50:01,200 --> 00:50:03,360 That's all. They don't care that we're 907 00:50:03,360 --> 00:50:05,760 sitting here saying you got to make a fifth gate. 908 00:50:05,760 --> 00:50:07,960 They don't care. You know, they want to know. 909 00:50:07,960 --> 00:50:11,160 So these moves that he might make, again, may not make, you 910 00:50:11,160 --> 00:50:13,760 know, quote UN quote, front page news, but they could be very 911 00:50:13,760 --> 00:50:17,360 instrumental in the company because then it only helps us if 912 00:50:17,400 --> 00:50:20,760 everybody's successful. That gives us in the park world 913 00:50:21,040 --> 00:50:25,240 more reason and more money to be more successful and to replace 914 00:50:25,240 --> 00:50:27,080 Jelly rolls. So it'll be exciting. 915 00:50:28,640 --> 00:50:30,440 Well, and I've always said that change is good. 916 00:50:30,440 --> 00:50:34,000 You know, if you're an adaptable person that can adapt to the 917 00:50:34,000 --> 00:50:36,240 changing landscape, I think that's really important. 918 00:50:37,000 --> 00:50:39,440 Look at what they've, the moves that they were making even pre 919 00:50:39,440 --> 00:50:43,800 Josh with, you know, Lucasfilm and Kathleen Kennedy stepping 920 00:50:43,800 --> 00:50:48,600 down as as Dave Filoni steps up and Jon Favreau fills a greater 921 00:50:48,600 --> 00:50:50,720 row. I, I, I think we're at a really 922 00:50:50,720 --> 00:50:54,600 exciting precipice with what Disney's going to bring us. 923 00:50:55,240 --> 00:50:57,200 I'm, again, I keep saying this over and over again, I'm 924 00:50:57,200 --> 00:51:00,240 cautiously optimistic because it seems like they're putting the 925 00:51:00,240 --> 00:51:04,120 pieces in place to do some things that we've been wanting 926 00:51:04,120 --> 00:51:07,160 them to do for a long time. I mean, I'll be the first one to 927 00:51:07,160 --> 00:51:09,920 admit I'm probably the biggest Star Wars fan in the room. 928 00:51:10,840 --> 00:51:13,840 And I'm also really, really pissed about how Disney handled 929 00:51:13,840 --> 00:51:16,560 that franchise. So if they can find a way to 930 00:51:16,560 --> 00:51:20,760 right this ship, I think I think we're in for some some fun 931 00:51:20,760 --> 00:51:22,640 things. What did you think of The 932 00:51:22,640 --> 00:51:26,160 Mandalorian and Grogu trailer? I'm pretty excited about it, I'm 933 00:51:26,400 --> 00:51:28,240 not going to lie. I. 934 00:51:28,320 --> 00:51:29,880 Thought it was awesome. I thought it was awesome. 935 00:51:29,880 --> 00:51:32,680 I thought it was just, it's so fun, Fun. 936 00:51:32,720 --> 00:51:36,120 It's so nice to see Star Wars stuff that when you see it, you 937 00:51:36,120 --> 00:51:37,880 look at it. And I know there's some Star 938 00:51:37,880 --> 00:51:41,120 Wars people that may be like, no, it's not serious enough. 939 00:51:41,120 --> 00:51:44,440 It doesn't battle the 4th quadrant from this video game 940 00:51:44,440 --> 00:51:47,240 offshoot. Whatever it is, it's just fun. 941 00:51:47,560 --> 00:51:49,800 It was just a fun trailer. It'll be a fun movie. 942 00:51:49,920 --> 00:51:53,280 So yeah. I will leave you all with one 943 00:51:53,280 --> 00:51:57,520 final question for the night related to our new CEO, but it's 944 00:51:57,520 --> 00:52:01,520 actually related to who is leaving, which is Bob Iger. 945 00:52:01,520 --> 00:52:05,160 Do you think this is Bob Iger's last hurrah? 946 00:52:05,800 --> 00:52:08,720 Yes or no, Amy? I think, oh, go ahead. 947 00:52:09,840 --> 00:52:11,800 Just wanted to make sure she was still awake more than anything. 948 00:52:12,880 --> 00:52:16,040 Yeah, 75. 75. He has money. 949 00:52:16,040 --> 00:52:17,400 He wants to retire. He does. 950 00:52:17,400 --> 00:52:20,240 He has publicly said he wants to spend more time on his yacht, so 951 00:52:20,240 --> 00:52:23,880 yeah. I think I think you'll see him 952 00:52:23,880 --> 00:52:26,320 right out his contract to the end of the year and be there as 953 00:52:26,320 --> 00:52:28,480 a sounding board for Josh when he has questions. 954 00:52:28,480 --> 00:52:31,200 But I think he's done. I think he has other ambitions 955 00:52:31,200 --> 00:52:33,080 and other he wants to spend time with his family. 956 00:52:33,560 --> 00:52:36,640 He, you know, you keep hearing rumors about political 957 00:52:36,640 --> 00:52:38,440 aspirations. I don't know how true that is. 958 00:52:38,440 --> 00:52:44,200 But he he's he's done his fair share and more. 959 00:52:44,360 --> 00:52:46,080 I think he's looking forward to some quiet time. 960 00:52:46,560 --> 00:52:48,440 Derek's nodding his head and agreement so. 961 00:52:49,080 --> 00:52:50,720 Yes, he's done. He's done. 962 00:52:50,760 --> 00:52:53,480 He just wants Amy to take a nap. That's all about buying. 963 00:52:54,200 --> 00:52:57,480 Amy wants Amy to take a nap. It's been a long week. 964 00:52:57,960 --> 00:52:59,400 Well, we're curious about your thoughts. 965 00:52:59,400 --> 00:53:02,080 Let us know in the comments what you think about the choice of 966 00:53:02,080 --> 00:53:05,360 Josh tomorrow. Obviously from us, our entire 967 00:53:05,360 --> 00:53:08,560 DVC fan community, all of that. We wish him the best of luck in 968 00:53:08,560 --> 00:53:10,400 this role. We're going to be rooting for 969 00:53:10,400 --> 00:53:11,200 you. Yeah. 970 00:53:11,200 --> 00:53:13,520 We're going to tell you when you probably did something wrong and 971 00:53:13,520 --> 00:53:16,960 let you know that's. I think what's what's great 972 00:53:16,960 --> 00:53:21,480 about this community is you know, it's, it's it's good to 973 00:53:21,480 --> 00:53:24,480 have, you know, some critics from time to time tell you when 974 00:53:24,480 --> 00:53:27,720 you're wrong, but we'll equally congratulate you and tell you 975 00:53:27,720 --> 00:53:29,400 when you're right. And I think more than anything, 976 00:53:29,400 --> 00:53:33,560 congratulations, Josh on on on being chosen, chosen for this 977 00:53:33,560 --> 00:53:38,480 position because no, no real better person, I think ever, 978 00:53:38,880 --> 00:53:42,760 ever suited during this entire ride of, of choosing the next 979 00:53:42,760 --> 00:53:45,440 Disney CEO. And we wish you the best. 980 00:53:45,720 --> 00:53:49,080 SO that's going to do it for this weeks episode of the DVC 981 00:53:49,080 --> 00:53:50,520 show. Again, let us know in the 982 00:53:50,520 --> 00:53:52,360 comments what you think about this decision. 983 00:53:52,360 --> 00:53:56,200 Maybe what you hope one of those things might be that Josh does 984 00:53:56,200 --> 00:53:58,280 within the first year or two on the job. 985 00:53:58,280 --> 00:54:01,440 But until next Monday, we will see you then see you. 986 00:54:02,400 --> 00:54:04,160 Then get this tile.