Disneyland Expansion: A Small World Made More Lucrative?
While expansion won’t make Disneyland into a West Coast WDW, it will bring in more dollars for Disney…
We haven’t seen Rick Munarriz’s byline next to a Disney story in a bit, but he bounced back into my newsfeed with a vengeance after Disney announced its positioning in regard to the expansion of the hallowed Disneyland Resort.
In an article named, “Is Disneyland the New Disney World?” Munarriz — the Disney expert over at The Motley Fool — talked about the potential of the project.
Disneyland Expansion In The Plans
But first, catch up on our initial report on the possible Disneyland and California Adventure expansion:
But as Rick wrote, it’s “easier said and financed than done.”
The expansion could be a game-changer on many levels, but [it won’t] put Disneyland on par with Disney World in Florida in terms of being a profit center for the media giant…Unfortunately for Disneyland, it doesn’t have the same kind of space that Disney World does with its more than 40 square miles of largely undeveloped land.
However, Munnariz did say that the expansion would certainly be good news for investors.
Oh, And About AMC
Speaking of investors, Munnariz has been watching AMC closely, too.
The analyst explained, that in his estimation, Disney’s schedule jockeying didn’t spell apocalypse for movie theaters.
[D]isney’s move isn’t the end of the world. Pushing Black Widow deeper into the summer should result in more ticket sales for Disney and exhibitors alike. Making a theatrical release available as a premium Disney+ offering at the same time isn’t deal-breaker, as Disney’s Raya and the Last Dragon took a similar approach and it’s been the top draw at the box office for the last three weekends.
Now, someone should tell the folks with the cash.
Both stocks were down after this week’s news cycle.
Anyway, and as usual, my 11.5 shares of DIS are staying pat. However, I am thinking about AMC.
So, tell us. Are you high on Disney stock? How about AMC? Let us know in the comments!