4 ms·
This is a tangent, but it seems crazy to me that more media companies don’t open tent pole theme parks. Disney and Universal both seem to make money hand over
by dcolkitt 5y ago
This is a tangent, but it seems crazy to me that more media companies don’t open tent pole theme parks.
Disney and Universal both seem to make money hand over fist. Demand is near unlimited, and they have no trouble continuously raising prices and keeping parks and hotels full. The toughest part is getting the IP franchises. Six Flags and Bush Gardens feel and are priced second tier, because they’re stuck with off-brand IP.
But for a media company with an already large pre-existing IP library, why not compete with Disney World? Netflix owns a ton of valuable IP. As will Amazon after it acquires MGM? Why no Netflix or Amazon theme park?