Wednesday, September 21, 2011

Avatar Theme Park Deal Wont Inflate Disney Costs, CFO States

Disney’s lately introduced Avatar theme park attraction is”a perfect example of something which might be a needle mover” for that organization’s parks operation, CFO Jay Rasulo mentioned today within the Goldman Sachs Communicipia Conference. The arrangement with Fox and director James Cameron is “a standard licening deal”that doesn’t provide them with some of ticket sales –but does share revenue from merchandise. Rasulo adds the initiative likely won’t”stick out llike an aching thumb” in Disney’s costs:”We just won’t take action else we'd do” at Animal Kingdom. After next season”there is really a significant decline inside the capital we purchase our parks” getting Disney “relatively closer to our historic level of trading.” That’s crucial that you pros who fear that construction and investment costs will hurt earnings. “We anticipate your entire day when people say ‘you’re back’ and don’t request that question any more.”

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