Gulp: Disney woes now extend to theme parks

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Excerpt WSJ wsj.com

Travel analysts and advisers say traffic to Disney’s U.S. parks, and some rival parks, has slowed this summer. Data from a travel company that tracks line-waiting time at Walt Disney World in Orlando, Fla., shows that the Independence Day weekend was one of the slowest in nearly a decade. …

Travel advisers and industry analysts say the slowdown is the latest sign that Disney’s recent price hikes and changes to park operations have soured some families on visiting the Most Magical Place on Earth.

[That’s one explanation. Another might be that parents have decided that Disney no longer provides a wholesome environment for their children. And yet another might be that Disney’s failing box office has a largely unforeseen side effect: a drain on demand at the parks. If kids aren’t lining up to see Disney films, or more importantly parents aren’t lining them up, that might be killing demand for going to Disneyland and Disney World. The phenomenon seems pretty real, via ZeroHedge. How long does Iger survive in this situation? — Ed]

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