Are Disney World & Universal Orlando Misspending Their Money?

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  • čas přidán 11. 08. 2022
  • Walt Disney World and Universal Studios Orlando have been spending a ton of money in the past decade on new Universal Studios Orlando rides and new Disney World rides. The question is, have Universal Orlando and Walt Disney World been spending this money wisely? Also, in the battle of Disney vs Universal (or Walt Disney World vs Universal Studios Orlando) which of these theme parks are the best with their money? All these questions and more as we discuss Universal Studios Orlando 2022 and Walt Disney World 2022.
    Sources:
    Rob Yeo Universal vs Disney Tweet: robjyeo/status/15...
    Fox Business Hagrid Ride Universal Orlando Article: www.foxbusiness.com/features/...
    CNBC Hagrid Roller Coaster Universal Orlando Article: www.cnbc.com/2019/06/13/hours...
    Gulf News Guardians of the Galaxy Ride Disney World Article: gulfnews.com/world/americas/d...
    Fury 325 Carowinds Roller Coaster Cost: en.wikipedia.org/wiki/Fury_325
    Verbolten Busch Garens Williamsburg Roller Coaster Cost: en.wikipedia.org/wiki/Verbolten
    Yahoo News Transformers Ride Universal Studios Orlando Article: news.yahoo.com/transformers-r...
    Harry Potter and the Forbidden Journey Ride Cost: www.themeparktourist.com/feat...
    New York Post Diagon Alley Universal Studios Orlando Article: nypost.com/2014/06/19/new-har...
    Los Angeles Times Pandora Avatar Disney World Article: www.latimes.com/business/la-x...
    USA Today Star Wars Galaxy's Edge Disney World Article: www.usatoday.com/story/travel...
    Video Credit:
    Animal Kingdom Disney World Tour: • Disney's Animal Kingdo...
    Velocicoaster Universal Orlando Jurassic World Roller Coaster: • Velocicoaster Off-Ride...
    Bourne Stuntacular Universal Studios Florida: • Highlights from The Bo...
    Star Wars Galaxy’s Edge Disney Hollywood Studios: • Star Wars: Galaxy’s Ed...
    Guardians of the Galaxy Cosmic Rewind Epcot Disney World: • Guardians of the Galax...
    Hagrid's Magical Creatures Motorbike Adventure Universal Orlando: • FRONT ROW Hagrid's Mag...
    Fury 325 Carowinds POV: • Fury 325 Official On-R...
    Verbolten Busch Gardens Williamsburg POV: • Official Verbolten POV...
    TRANSFORMERS The Ride Universal Orlando: • TRANSFORMERS: The Ride...
    Diagon Alley Harry Potter Universal Studios Orlando: • Diagon Alley 2021 - Th...
    Harry Potter and the Escape From Gringotts POV: • Harry Potter and the E...
    Epcot Disney World 2022 Theme Park Tour: • EPCOT 2022 Walking Tou...
    Wizarding World of Harry Potter Hogsmeade Islands of Adventure: • The Wizarding World of...
    Twitter: / attractionidea
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Komentáře • 163

  • @johnnycoasterman5279
    @johnnycoasterman5279 Před 2 lety +33

    5 rides on the same level as Transformers instead of Guardians? I’d take that trade any day.

  • @dasoupsoup
    @dasoupsoup Před 2 lety +139

    Hagrid's also has an extremely complicated ride system with all of the elements going on; it is an innovative ride system that world had never seen before for a coaster. And today, it has now become recognized as a world class attraction, period. It gets insane wait times daily and attracts people from all over the world, it has more than made up for its cost by now.
    Also, here's another kicker: Super Nintendo World in Japan cost between $500-600 million according to various reports. An award winning, revolutionary new themed land, including a never-before-seen AR ride, cost about the same as Cosmic Rewind.

    • @MkR2398
      @MkR2398 Před 2 lety +13

      So Disney is overspending 100%

    • @floridamaddogg
      @floridamaddogg Před 2 lety +5

      I wouldn't go as far as saying Hagrids is a world class ride. Maybe world class theming, but the ride is a family coaster. Cheetah Hunt way more enjoyable and fun as a "family coaster" compared to Hagrids, but Hagrids spent ALOT of money on theming. $300M still way too much.

    • @dasoupsoup
      @dasoupsoup Před 2 lety +15

      @@floridamaddogg The theming is precisely why Hagrid's is a world class attraction. It isn't simply a family coaster, it is a themed experience delivered through the medium of a coaster. Think of it more like an outdoor dark ride on a coaster track. This level of immersion on a coaster ride was unprecedented.
      Also, just because something isn't exceptionally thrilling or fast doesn't make a ride inferior, quite the contrary. The high level of theming is what separates Disney and Universal from more iron ride-y parks like Six Flags or Busch Gardens. VelociCoaster is currently considered one of the best coasters in the world, not because of its speed, but because it has great theming on top of a great coaster thrill.

    • @Spike-sk7ql
      @Spike-sk7ql Před 2 lety +4

      @@dasoupsoup while I agree with what you said 100%, you could strip away all the theming from Velocicoaster, and it would still be one of the best coasters around. Hagrids isn't particularly thrilling, but the "attraction" part of it is amazing. Also.... where else are you gonna ride a roller coaster with motorbike train cars?

    • @djnfbrhkelkondwvb6853
      @djnfbrhkelkondwvb6853 Před rokem +4

      @@Spike-sk7ql Tron

  • @sonicnov1850
    @sonicnov1850 Před 2 lety +64

    I LOVE Guardians Cosmic Rewind but I do see your point Disney really could be doing way more with their space

    • @sourpatchkid394
      @sourpatchkid394 Před rokem +3

      I couldn’t believe it’s a screen ride… a screen ride is that much money?!? No animatronics? And 500 million ?

  • @ParkPals
    @ParkPals Před 2 lety +88

    We've been extremely happy with the focus of Universal over the last 5 years. They went through this weird phase in the 2000s where they were focused on screen rides, but ever since Hagrid's, then Velocicoaster, and now Epic Universe, I think we're going to see a mix of thrills and theming that we've never seen before! (although I do think there are a lot of older rides that definitely need renovated or newer IP...Men in Black, the Simpsons, Cat in the Hat, Jimmy Fallon, Dudly, Popeye...)
    Also, glad to see you're back and making videos! We missed them!

    • @graffiti.777
      @graffiti.777 Před 2 lety +2

      The Bourne Stuntacular was another amazing attraction! Also, I only agree that Jimmy Fallon needs to be removed. Everything else is still ok.

    • @ParkPals
      @ParkPals Před 2 lety +1

      @@graffiti.777 Yes, the Bourne show is fantastic! And yes, I still think everything else is good. I would just argue that these rides aren’t quite up to the same standard as these newer rides and could use some love. The water rides, for example, are still fantastic rides. I just think they could use a “reskin” with a new IP to appeal to a wider audience.

    • @jonny-b4954
      @jonny-b4954 Před 2 lety +2

      @@graffiti.777 Yeah the Bourne show was awesome. Was legit impressed with that and even enjoyed it. And I never enjoy shows really. 20% of the shows I see I actually like. Did like old Terminator but it doesn't compare.

    • @graffiti.777
      @graffiti.777 Před 2 lety +2

      @@ParkPals yeh I see what you're saying, but I feel like a lot of people still know Popeye. I don't think anyone knows Dudley Do Right tho lol. Should've been themed to Looney Toons or something. I also think MIB should stay but be refurbished because that's a classic.

    • @erricachristian8626
      @erricachristian8626 Před rokem

      Black panther rides or the Marvel universe movie ride

  • @ButterFlyGardenBlossom
    @ButterFlyGardenBlossom Před 2 lety +26

    As much as I love Disney’s animated movies and TV shows, I wish they would do so much more with them at the parks rather than just blandly advertise them.

    • @carminecdinoproductions
      @carminecdinoproductions Před rokem +1

      Right. They should go all out with and create some pretty awesome rides for some of their movies! Lilo and Stitch deserves a better attraction that’s ride-based and not the poorly-received Stitch’s Great Escape!

  • @itsthegasman449
    @itsthegasman449 Před 2 lety +19

    Attraction Ideas on a roll putting out new videos this quick, so happy to have him back

  • @santiago7129
    @santiago7129 Před 2 lety +17

    It’s insane they spent 500 mil to replace a already fine attraction universe of energy instead of trying to repair dying pavilions like imagination, the land, and living seas also gotg breaks Epcot’s purpose same think with harmonious spent so much money on a average show and ended up with ugly barges that block world showcase

  • @CJthecollector
    @CJthecollector Před 2 lety +28

    WOO HOO NEW VIDEO

  • @M567dk
    @M567dk Před 2 lety +14

    I think that the music used in the Guardians of the Galaxy Cosmic Rewind ride is what also added to the total amount.

    • @AttractionIdeas
      @AttractionIdeas  Před 2 lety +9

      Good point. I've never been on it and I had the audio off when editing so I totally forgot the ride used popular music.

    • @MathieuLeblanc1991
      @MathieuLeblanc1991 Před 2 lety +1

      @@AttractionIdeas That and Guardians has much bigger and more expensive actors and CG special effects than Hagrid does

  • @GasStationSandwich
    @GasStationSandwich Před 2 lety +12

    I think a part of the issue comes from Universal and Disney's constant competition for guests. They feel the need to build these expensive, elaborate attractions to compete with whatever the other is doing, rather than majorly expanding capacity. This doesn't seem to affect Universal nearly as much as it affects Disney, but the point still stands. Great video, keep up the good work!

  • @notathoosie
    @notathoosie Před 2 lety +35

    I think your forgetting one of the major costs which is research. They plan these rides for years and they need to still pay their highest earning employees who take trips across the globe for inspiration and other information they need. They are using truly groundbreaking technology in their new rides which require a lot of maintenance. Rise of the resistance used a trackless ride vehicle that turns into a motion simulator that is mounted on top of a drop tower. Hagrids was one of the first rides to use the quick motion switch track and Velocicoaster uses the first fully transparent OLED screen that was developed specifically for them. That’s a big chunk of money right there. Along with inflation and the delays, I understand why they cost so much. Rollercoasters are a 3-4 year process while Disney and Universals immersive experiences are developed over a 4-8 year period depending on the ride.

  • @carminecdinoproductions
    @carminecdinoproductions Před 2 lety +17

    Disney needs to expand capacity at all four Walt Disney World theme parks! Disney’s Animal Kingdom deserves more rides and more animal encounters!

    • @largol33t1
      @largol33t1 Před rokem

      Will not be happening any time soon. Especially considering their stock has plummeted so low that its rating was lowered from "buy" to "sell" among some big name investment groups...

    • @fawkewe
      @fawkewe Před rokem

      Actually Magic Kingdom has a great amount of capacity. The problem is because all the parks have so little in comparison and everything is so expensive , everyone just goes there instead which results in overcrowding regardless. If they added stuff to there other parks, Magic Kingdom would actually have alot less overcrowding.

  • @TheNinjaDC
    @TheNinjaDC Před rokem +6

    As I recall, the cost estimate for Velocicoaster is around 100m. So still expensive, but helluva more frugal than 300m or 500m.

  • @lavetaloca7790
    @lavetaloca7790 Před 2 lety +13

    definitely agree about Disney needing capacity, especially at Hollywood Studios. The entire space of Animation Courtyard is underused. there is space for a mini-land with high capacity (omni-mover) dark rides

  • @Nojintt
    @Nojintt Před 2 lety +27

    I'm hoping that the $500 million is just wrong. Otherwise, maybe they went way over their projected budget.

    • @AttractionIdeas
      @AttractionIdeas  Před 2 lety +18

      Yeah $500 million is just an estimate so it could absolutely be wrong, and for Disney's sake, I hope it is.

    • @tallguy00121
      @tallguy00121 Před rokem +5

      @@AttractionIdeas Revenge of the Mummy cost only $40 million back in 2004. Over ten times less than Guardians of the Galaxy. Both are indoor thrill coasters that took over an existing ride, both have great theming, both have impressive queues and both have celebrity appearances. And Mummy uses less screens and more sets. Crazy how much better an investment Mummy was in my opinion.
      Also, Disney rides take forever to build for some reason. TRON is a copy of an attraction and is taking longer than Hagrid's Motorbike Adventure and VelociCoaster to build (both new rides). TRON started construction on February 6th, 2018 and still isn't finished. Hagrid's started construction January 2018 and VelociCoaster started construction after Hagrid's was finished. Disney may need to hire new people to build their rides.

    • @Nojintt
      @Nojintt Před rokem +4

      @@tallguy00121 I mostly agree, but there's speculation that TRON was artificially delayed so Disney could continue to open a new ride every year... TRON probably opening 2023. So yeah it took a while, but only because they delayed other projects and dragged their feet with TRON.

    • @KingAriston
      @KingAriston Před rokem +5

      Epcot has had issues with unstable ground in the past; it's entirely possible they had to dig very deep for the foundations for the building and ride which ran up costs

    • @tankart150
      @tankart150 Před rokem +1

      @@KingAriston I heard that there was a sinkhole near where Universe of Energy was.

  • @KyleRizzkamp
    @KyleRizzkamp Před 2 lety +8

    new vid already!?

  • @leviathan15
    @leviathan15 Před 2 lety +5

    TWO VIDS IN ONE WEEK!!!

  • @dylanbehnken5402
    @dylanbehnken5402 Před 2 lety +6

    HES FINALLY BACK!!! Let’s gooo

  • @UndeadNerdT800
    @UndeadNerdT800 Před 2 lety +5

    Alright more videos we missed you man.

  • @MrBaseball4
    @MrBaseball4 Před 2 lety +4

    2 uploads in a week!!!!!!!

  • @JustinCoasters
    @JustinCoasters Před 2 lety +9

    Disney has very questionable prices. Walt Disney Studios in Paris in 2002 was $450 MILLION!!!! (Nearly $750 Million in 2022)

    • @AttractionIdeas
      @AttractionIdeas  Před 2 lety +2

      Guh

    • @fawkewe
      @fawkewe Před rokem

      Tbf it was a very poor and cheaply designed park. They saved money where ever they could and most of the theming they had was already nearby in the Uk. It says something when Disneyland Paris, the sister park, costed around $5 billion dollars, not even adjusted for inflation to build.

  • @night-tf1ce
    @night-tf1ce Před 2 lety +8

    crazy how Disney is building another resort as well, they need more rides and just things if they are gonna add more hotels for more people to come into the parks.

  • @TheJediKenneth
    @TheJediKenneth Před rokem +5

    As a Los Angeles resident, I never experienced many of the attractions that you mentioned. As an enthusiast, I heard a lot of impressive feedback on them. The costs are astronomical but the finished product seems to be appreciated. .
    IMO Galaxy’s Edge has the best ride of both of Disneyland’s parks with Rise of the Resistance. It’s my personal favorite attraction of all theme parks of Southern California. As a Star Wars fan, I would like Disneyland to fill in a lot of the empty space in Galaxy’s Edge. Disneyland Park doesn’t have the luxury of land space to expand on. but they can utilize existing empty space. Also there isn’t a lot going on there. Not even heavily populated with Star Wars characters. A 3rd ride would be nice.and moreYou would think $1 Bil would’ve given us even more.

  • @Brandon-qd2lb
    @Brandon-qd2lb Před 2 lety +8

    They needed a big splash to go against universal from their past few coasters we all know they in the end. Tron should help it out as well. But they have unlimited money to use in the end.

    • @AttractionIdeas
      @AttractionIdeas  Před 2 lety +5

      They have theoretically unlimited money, the question is how much of it are they actually willing to spend where it counts.

  • @googamp32
    @googamp32 Před 2 lety +4

    It's quite a conundrum with no one answer. What surprises me, though, is that DISNEY is the one that can afford spending 500 million for one ride rather than Universal. You'd think it would be the other way around, considering that Universal has all that Comcast money to spend.

    • @AttractionIdeas
      @AttractionIdeas  Před 2 lety +3

      Yeah, but to be fair, the Disney parks make more money than Universal's and Disney and Comcast are both massive business conglomerates, even though Comcast may be bigger.

  • @AmusementLabs
    @AmusementLabs Před 2 lety +2

    There's also the cost of having some overpaid executives oversee/supervise the project while sipping coffee all day...

  • @sinistersyndikat
    @sinistersyndikat Před rokem +2

    Imagine the space Disney would have to expand if they would just make a parking garage as opposed to a flat lot

  • @paintervision
    @paintervision Před rokem +3

    Interesting points, but the older rides you mentioned (Fury 325 and Verbolten) aren’t adjusted for inflation.
    There’s also a lot of other costs that get rolled into those figures: concept and design (which can take years for companies like WDI and Universal Creative), demolition and land clearing/grading for rides that came before, National marketing campaigns, months of additional test and adjust for themeing elements to make sure they run properly, construction bonuses for round-the-clock work to meet strict deadlines, etc.
    That’s a lot of extra stuff that regional parks just don’t do. Add in there whole teams of talented designers that are usually highly-paid as executive producers, along with new media elements that often involve expensive casts (which have their own likeness rights and royalties), and the payouts to get the IPs. (Even though Disney owns Marvel, they still have to pay for licensing at Cosmic Rewind, which probably goes back to the people who worked on the films and originated the comic book characters).

  • @Mattywill29
    @Mattywill29 Před rokem +2

    Hagrids is also built over water in a few areas (raises the cost)

  • @smallkid9045
    @smallkid9045 Před 2 lety

    I have been waiting for a new video for my whole life

  • @djnfbrhkelkondwvb6853
    @djnfbrhkelkondwvb6853 Před rokem +3

    At this point with Disney who cares throw Cars Land in Hollywood Studios, put Indiana Jones at Animal Kingdom these parks NEED more rides (P.S. Guardians is phenomenal and absolutely worth going on)

  • @MkR2398
    @MkR2398 Před 2 lety +10

    Bolder video than your last one, boss man! I think the current inflation rate is messing up the numbers for sure, that ride is worth half its current price tag at best, as well as the talent fees and maybe the ride car. Maybe. Overall, I think Disney is at a crossroads here: expand your land cheaply with alotta decent stuff NOT GREAT just alotta nice stuff or Universal will be king come 2028 onward. I have a strong feeling they'll get rid of Marvel and Simpsons for DC and Nintendo/in-house IPs as well show off the first expansion pad for Epic Universe. They can't get cocky or they'll lose

    • @lavetaloca7790
      @lavetaloca7790 Před 2 lety +1

      will they wrench DC from Six Flags? I know Six Flags is struggling financially accross the board. but I think they'll put up a fight for their main IP

    • @simonfrost7094
      @simonfrost7094 Před rokem +3

      I don't think Universal will give up Marvel because Universals' contract is a 'use it or lose it' type deal - i.e. If Universal got rid of its Marvel attractions, then the contract would lapse and Disney could jump in and snap up the rights to Marvel east of the Mississippi (which is why there can never be an Avengers Campus in WDW whilst this contract exists).
      Also, Disney is making lots of Marvel content, which effectively advertises Universal's Marvel rides for free (I know Universal's Marvel island is more of a comic-book approach and thus very different in character to Disney's Marvel content, but they're the same characters (Spiderman, Hulk, X-Men) to the average consumer)

  • @leviathan15
    @leviathan15 Před 2 lety +5

    Video idea: Epic Universe Rides/lands ranked based on excitement?

    • @AttractionIdeas
      @AttractionIdeas  Před 2 lety +4

      Hmmm I like that. Might try and do something with that...

    • @tomm2213
      @tomm2213 Před 2 lety +2

      Different demographics are excited about different lands. Ie monsters vs. httyd. Tho i think everyone is excited for nintendo.

  • @rixvlogs4274
    @rixvlogs4274 Před rokem +2

    It's crazy to think that Disney spent 500 million on a ride that is now known to make people sick lol

  • @Rocketcoasternerd
    @Rocketcoasternerd Před 2 lety +2

    Hagrids has a very complicated and expensive ride system. It has 6 launch’s multi able block zones and a drop track

  • @AuthorCertifiedGoof
    @AuthorCertifiedGoof Před rokem +1

    It isn’t in Disney’s best interest to fix the ride capacity issue at their parks. If lines are more manageable for guests, they aren’t going to pay even more money for Lightning Lane to skip standby lines. The longer their lines are, the more likely they’ll be to squeeze even more money out of their frustrated guests.

  • @zatyoudisney9935
    @zatyoudisney9935 Před rokem

    I agree with a lot of what you say here. But, when Disney restaurant reservations were the hottest item to get (at 6 months out) it was because many of them are an experience in themselves, not that we were all anticipating nothing else to do. I’ll take Sci Fi Dine In over a few of the rides, any day.

  • @onewisefrog5785
    @onewisefrog5785 Před 2 lety +3

    man dude did you spend the last 4 months pre-recording 100 vids

  • @toastytango8372
    @toastytango8372 Před rokem +1

    It would make sense for Disney to purposely have a greater ratio of eateries / shops to rides so that people are likely to spend more money in the parks rather than waiting in a long line to ride a attraction. It's a messed up way of thinking but I really think that's what they are doing. Disney parks are really meant to sell merchandise, not to provide a great guest experience. They only do the bare minimum to lure guests into the parks.

  • @dallas18ish
    @dallas18ish Před 2 lety

    NEW VIDEOOO BABY

  • @Luke_Go
    @Luke_Go Před rokem

    Wanna bet that Disney looked at what Universal spent and said something like "let's take that number, times it by 1.5, and publish that number."? (and behind the scenes, they do some "bookkeeping magic")

  • @andrewtaylor940
    @andrewtaylor940 Před 2 lety +2

    Just from looking at it, I strongly trust the $300 Million Price tag for Hagrids. The $500 Mil for Guardian's is just a number that some "Consultant" pulled out of his ass. As such he is guaranteed to be estimating 20% high. That's what they do. They're kind of hard wired that way. Take any number given by an "Industry Consultant" talking on TV or to a journalist and shave a flat 20% off the top. You will then be within 5-6% of actual costs. So lets assume the consulting guy is true to form. $400 Million for Guardians. Okay can we see what might be a $100 Million cost difference between the two? Well yes! A few things. While Hagrid's uses "new Ride Vehicles" they are really just new shaped roller coaster cars. They don't need anywhere near the validation testing and development of Guardian's what can best be described as a Roller Coaster Omnimover system. Guardians has entirely new ride technology. Hagrids is a refinement and advancement of existing tech. Hagrids is a pretty standard Intamin Coaster that incorporates a few tricks they've done elsewhere and combines them in a new more immersive story telling way. 90% of the ride is outdoors. Which does help keep the costs down. Guardians is an indoor coaster. Way more engineering involved. Way more building codes. More tests. More safety concerns. etc. It's Vekoma pioneering a new ride system and technology. A roller coaster where the computers control exactly where the riders are looking via pivoting cars at speed. So Haunted Mansion at 25-30 miles an hour.
    Now lets not forget Hagrid got in under the wire. It beat Covid. So no excess costs from covid delays. Guardians had massive covid delays and covid compliance costs. And finally Guardians costs included some major retheming to a huge chunk of the park. Hagrids mostly took over a large open coaster area and had almost no impact on the park around it.

  • @MartinLewison
    @MartinLewison Před rokem +1

    Transformers: The Ride 3D was probably relatively cheap because a) it used an existing ride system and show platform that had been developed years earlier for The Amazing Adventures of Spider-Man at UIOA and b) it was first developed for Universal Studios Singapore and then copied into 3 different locations. Each additional installation will typically cost less than the previous ones due to experience curve cost savings.

  • @haisheauspforte1632
    @haisheauspforte1632 Před rokem

    This is so interesting. I would love a comparison between Disney/Universal on one side and European parks on the other. I mean Phantasialand has like 2 million visitors a year and they create a new amazing land every few years. Why does it feel like Disney World gets new attractions at the same rate but with every park having many times that amount alone? Even here in Europe it is quite remarkable that Disneyland Paris's newest ride that wasn't a replacement, Space mountain, is older than 75% of Phantasialand

  • @blackboymagicevolution
    @blackboymagicevolution Před 2 lety +3

    So true

  • @cryptogenesistv9932
    @cryptogenesistv9932 Před rokem

    The earnings call revealed that Epic Universe's construction in 2022 would cost at least $1 billion. Jeff Shell said the project is “full steam ahead.” Epic Universe is a 750-acre site near the Orange County Convention Center.

  • @hkimagineering5339
    @hkimagineering5339 Před rokem

    Expedition Everest and Toko Disneyland Pooh's honey hunt: Am I a joke to you?

  • @Mrrbigg
    @Mrrbigg Před 2 lety +6

    Yaaaaa dude 🤙🤙🤙

  • @MrPeter924
    @MrPeter924 Před 2 lety

    Good video sounds great Disneyland great weather. Walking. ride shopping

  • @joey_cordova_
    @joey_cordova_ Před 2 lety +2

    Damn. I’m In the wrong business.
    I need to find a way to take advantage of Disney like that. Because if they really spent $500 Million on a dark coaster that should have been at least half that then that’s a great business opportunity.

  • @kindacrazy9976
    @kindacrazy9976 Před rokem

    being a universal annual passholder myself, that for Hagrid's ride is one of the most expensive rides I never EVER seen it a under 60 mins its highest was around 400 mins but it gives a lot more than velocicoaster because !. of all the die-hard harry potter fans that willing to take that much of a line 2. it is directed at a slightly younger audience than well say velocicoaster with its loops and stuff.For cosmic rewind is less popular than hagrids even though it cost less.

    • @kindacrazy9976
      @kindacrazy9976 Před rokem

      also btw guy who played hagrid died sooooooooo now that ride (for me) is a salute to hagrid

  • @Oldmangamess
    @Oldmangamess Před rokem

    Guardians has licensed music, actors, filming, cgi, new ride technology, and story writing. So that all being said I think it makes sense it will be around that price.

  • @Trainmaster909
    @Trainmaster909 Před rokem

    I think that Universal should ease off the gas a bit with these super-expensive rides, and add more raw, basic rides to their existing themed areas. Exhibit A: Dueling Dragons. That ride was still extremely well-received when it was right next to Harry Potter and the Forbidden Journey, and it was just two B&M Inverts! Why not try and squeeze in a B&M Flyer like The Flying Dinosaur at Universal Studios Japan?

  • @jocelynsantiago7154
    @jocelynsantiago7154 Před 2 lety +1

    Verbolten at Bushgardens is an awesome ride!

    • @AttractionIdeas
      @AttractionIdeas  Před 2 lety +1

      Yeah it looks really cool. Haven't been to BGW since like 2009, so really feening to go back.

  • @FidesAla
    @FidesAla Před rokem

    What about the Tokyo Disney Sea expansions?

  • @paladin677
    @paladin677 Před rokem +1

    I do wonder if the 500 million total is an accounting trick to shift other divisions profits into a capital investment to lower their overall tax obligations. I’m not remotely qualified to really understand it. But it sounds plausible.

  • @jmn327
    @jmn327 Před rokem

    Sadly I think a part of it is that one major attraction getting insane wait times creates the perception that a park is "winning", and perception means a lot to shareholders. Actual guest experience, which would be improved by legitimate park expansions and varied kinds of attractions dispersed throughout a larger area? That doesn't show up as much on a Wall Street spreadsheet.
    Also, just have to say, I'm really tired of Disney's idea of "IP Lands" - you get a themed area with two typically pretty low capacity rides, a couple food options, but mostly tons of retail space, usually for generic merchandise. It works with Potter in Universal, it doesn't tend to work so well with other properties. I'd be happy sticking to the old general naming convention for areas ("Adventureland", "Future World", etc.) and not having things feel so constrained.

  • @addisonsmith7949
    @addisonsmith7949 Před 2 lety +1

    What about demolishing the old ride

  • @garywillig5143
    @garywillig5143 Před rokem

    I'd say Transformers costing $100 million is a bigger waste of money than Hagrids or Guardians of the Galaxy. The latter are supposed to be revolutionary experiences doing things never before seen. Transformers is using a ride system and technology which was cutting edge back in the 20th century and is basically just a reskinned and inferior version of Spider-Man. The idea that this cost nearly as much as Forbidden Journey, which invented an entirely new ride system as well as many other new technologies, used more practical effects, and got all of the big Harry Potter actors to reprise their roles, is insane.

  • @rapunzel1701
    @rapunzel1701 Před rokem

    Inflation probably doesn't explain Guardians. Contracts were likely finalized years ago.
    Hagrid's is the best return.

  • @iangriffis5493
    @iangriffis5493 Před 2 lety +4

    Yessir

  • @Bowl-0f-Soup
    @Bowl-0f-Soup Před rokem

    also isn;t CNBC literally a part of universal

  • @Meatball2022
    @Meatball2022 Před rokem

    For galaxys edge, they have to pay themselves for the licensing. Technically it’s a park expense and a licensing income.
    Same for guardians, but clearly there’s a value difference for that licensing.

  • @yellowmangaming6986
    @yellowmangaming6986 Před 2 lety +1

    What do you think is gonna be announced at d23

    • @yellowmangaming6986
      @yellowmangaming6986 Před 2 lety +1

      Also good on you for two videos in a week👍

    • @josuesilva9409
      @josuesilva9409 Před 2 lety

      I think they’ll announce the opening date of tron

    • @AttractionIdeas
      @AttractionIdeas  Před 2 lety +1

      I’m just hoping it’s new stuff and not just reconfirmations of stuff announced in 2017…

  • @addisonsmith7949
    @addisonsmith7949 Před 2 lety

    How much does galaxies edge cost you are obsessing over money

  • @Svepo38
    @Svepo38 Před rokem

    Every number has to be taken with a really big grain of salt. NBC is part of comcast, which owns Universal for example.
    "Rattling is part of the craft" the old saying goes. They are in competition with each other and of course they want to tell the other how rich they are.
    At least that is what i personally think.

  • @AndrewGoodguy
    @AndrewGoodguy Před 2 lety +1

    Disney closed down Blue Sky so they can have money for money for parks
    This shows that Disney is insane with prices and that they had to shut down a talented 5 billion dollar company for their own stuff

  • @_dragonn
    @_dragonn Před 2 lety

    NEW VIDEO IN 5 DAYS? W

  • @vinnygreen7444
    @vinnygreen7444 Před 2 lety +1

    Speaking the truth about Disney

  • @4541studios
    @4541studios Před rokem

    Galaxies END cost more than $2billion. They built that waste of space twice

  • @wt7553
    @wt7553 Před rokem

    I appreciate the breakdown but very likely these estimates are way off.

  • @j.c.spencer9897
    @j.c.spencer9897 Před rokem

    Construction costs are not universal. Labor cost in each plus the materials for the ride differ. I agree the cost is an insane amount but labor makes up the cost. What’s the company doing the work? Union vs non union? Materials? Steel isn’t universal either. Different steels for different setups. Creating a ride that has a pivoting seat and still safe at certain speeds takes engineering. Doing things that’s not been done before cost more. Theming of the lands rides and other factors cost as well just as you mentioned. There is many factors that play a role in these rides. While I agree it’s a lot of money, I do disagree that it’s misspending. Based on their quarterly earnings, the money spent has more than made up for it with bigger revenues. Being such an immersive and innovative park cost money, and Disney and universal are world class for a reason.

  • @officialpurgatorio
    @officialpurgatorio Před 2 lety

    The guardians POV makes me nauseous 😩

  • @FreakAboutSims3
    @FreakAboutSims3 Před rokem

    They can’t be misspending their money any worse than Six Flags.

  • @fortressone6732
    @fortressone6732 Před rokem

    I’m sorry I disagree. Construction costs have skyrocketed in the past year. Inflation absolutely has to do with increased spending in terms of construction materials. Plus testing of these materials. Just go on your dot website and see cost comparisons from this year to last year it’s insane

  • @plushiesdx
    @plushiesdx Před rokem +1

    1:58 CNBC is owned by Universal. hmmm...

  • @3Gads
    @3Gads Před rokem

    Now Disney isn't putting much investment back into their parks and Universal is going all out for their own.

  • @ddrusa
    @ddrusa Před rokem

    Dont for get about universal studios hollywood and they are way to long.ets say when you do go there its about a 75 min wait as well

  • @IG88IGLOO.
    @IG88IGLOO. Před 2 lety

    I don't think you can put a price on these rides. These both demonstrate technologies that both companies will use in the future. Just like with Transformers the Ride, there will be something like Hagrids later on. So saying that they paid millions to engineers just isn't a fair comparison when realistically in raw material these costed a few hundred million and using the same things later will be cheaper later. Look at mickey runaway railway, some could estimate that it costs like half a billion, they aren't spending half a billion to place another in Disneyland.

    • @simonfrost7094
      @simonfrost7094 Před rokem

      Bob Chapek has said himself that the reason Disney is cloning rides from different parks (e.g. Cloning Tron from Shanghai Disney to Magic Kingdom) is because you do the research and development on the ride system, etc, once and then you save the R&D cost for each ride you clone. A similar reason for cloning lands into each park, e.g. Toy Story, Star Wars, Avengers Campus. It's a wiser strategy for investment to clone that something that you know works already into different parks, rather than risk the R&D and build costs of creating unique rides in each park.
      Pay once for R&D, then build as many clones of the land/ride as you want without repreating the R&D costs

  • @Spike-sk7ql
    @Spike-sk7ql Před 2 lety

    Holy $300,000,000?!?!?!?! It's a wonder that Universal tickets aren't more than they are.

  • @westleygress2160
    @westleygress2160 Před rokem

    I bet alot of cost is franchise cost.

  • @addisonsmith7949
    @addisonsmith7949 Před 2 lety +1

    That was spent on the development

  • @jdski8926
    @jdski8926 Před rokem

    That building was already there for Disney they probably pay alot apf money for the coaster parts and rides

    • @simonfrost7094
      @simonfrost7094 Před rokem

      The Universe of Energy building was already there, but that just houses the queue and pre-ride show scenes. The rollercoaster itself is in the big blue box behind which was built from the ground up

  • @simonfrost7094
    @simonfrost7094 Před rokem

    I wonder if Disney knew from the beginning that Guardians would cost $500m, would they still have gone ahead with it?
    Also, I want to agree with you more, but you keep making problematic assumptions (Guardians is just Transformers on a track!) and you also keep comparing apples with oranges and expecting to get a meaningful outcome, which undermines your argument.
    I've heard Guardians and Hagrids described as 'story coasters' - a new kind of coaster which doesn't just deliver thrills, it tells a story with the use of theming, props, animatronics and the whole layout is designed to have story beats. So comparing these story coasters to a something like Fury 325 doesn't work, because that is a pure, extreme thrill machine. Apples and oranges again.

  • @ev7d167
    @ev7d167 Před 2 lety

    They could’ve bought 15 Eejanaikas for the same price as Guardians lol

  • @Johnny2Bags47
    @Johnny2Bags47 Před 8 měsíci

    Knotts Berry Farm had a motorcycle ride But it was removed Due riders getting injured and finally it was 86'd after thd final accident.
    I believe a kid ate crap off it and fell off.
    Hope he was ok. I don't remember .
    Anyway the ride that took place of the motorcycle ride was The Wacky Soapbox Racers..
    Pretty Badass ride.
    Then after Soapbox Racers was gone , maybe the ride where you're in a bost and you basically go up slowly hook a slow wide left Then straight down drop Anyone standing on the bridge they would get soaked .
    They knew they would get soaked.
    I think 6 Flags was the first to have the same ride. Idk.
    I'm so high.
    Bong token alcoholic

  • @Italicbowl5280
    @Italicbowl5280 Před rokem

    RIP legend robbie coltrane

  • @masonscoasterz
    @masonscoasterz Před 2 lety +1

    Use rcdb

  • @RoperGamingVideos
    @RoperGamingVideos Před rokem

    Thank your buddy joe for the inflation.

  • @viz5283
    @viz5283 Před rokem +1

    The ride vehicles at guardians is the reason it costs way more. The hagrid bike seats are not comparable in the slightest. It’s a basic rollercoaster with cute seats. The guardians vehicle system is insane and cutting edge, the vehicle points you in the direction of the action of every scene.

  • @carminecdinoproductions
    @carminecdinoproductions Před 2 lety +1

    Awesome video! Imagine if Disney did build a massive STAR WARS Galaxy theme park that covers every inch of the entire STAR WARS Galaxy with lots of different planets and characters and other material from across the universe!

  • @sourpatchkid394
    @sourpatchkid394 Před rokem

    Msm media probably also used Wikipedia…

  • @fawkewe
    @fawkewe Před rokem

    Tbf There both spending way too much money. Six flags is building an entire new world class park in Arabia for 1 billion. Yeah it probably won’t be themed anywhere near as well, but it still going to have some level of theming, and its a massive park supported by the Saudi government. Im also pretty sure its actually supposed to be a resort like the Disney or universal parks. If there able to spend A billion on an entire new massive park it probably shouldn’t cost 50% of that or even 30% of that much for a single ride, even if its an extremely well themed and revolutionary one.

  • @kalebzehr6850
    @kalebzehr6850 Před rokem

    People that go to disney/universal are suckers lol You pay astronomical fees to wait inline for 4 hours for a mild mouse, or an arrow mine train from like 1980 while constantly being crowded shoulder to shoulder with 20,000 other people ruining the "immersion". Not to mention you have to pay like 50 dollars for locker fees, or a frozen hamburger lol

  • @littletimmythefifth29

    Here at 18,935 views.

  • @jacobwagganer1953
    @jacobwagganer1953 Před 2 lety +2

    Universal is on a great track keep up the great work!

  • @Iservejesus12
    @Iservejesus12 Před rokem

    Disney got trillions, that 500 million is nothing

  • @michaelhband
    @michaelhband Před rokem

    👍👍👍❤❤❤

  • @kurdtmorris6519
    @kurdtmorris6519 Před rokem

    The Guardians ride looks like complete garbage what a waste 😬😖 the fact it’s all screen based just keeps me at a distance. Not worth $500 Million

  • @biggunz29xx
    @biggunz29xx Před 2 lety +1

    Only reason why Gaurdians might of cost more is because inflation. Ride is just ok. Also Universal is building an entire new theme park.