IP acquisitions key for Disney growth, says Iger
Disney chair Bob Iger has said that the company’s acquired IPs play a big role in delivering large returns on investments into its theme parks.
Speaking during the Deutsche Bank 2016 Media, Internet and Telecom Conference, Iger said that some of Disney’s most significant investments in recent years have been pumped into its acquired IPs, including the likes of Pixar, Marvel and Avatar.
“We measure our growth outlook on a return on investment capital basis,” said Iger. “Our investments in the last 10 years have driven substantially higher returns than we had been seeing previously.
“Some of that comes from the fact that the investments have been made in attractions and in shows in our parks that are tied to branded IPs. Cars Land would probably be the best example of that. The love people had for that IP played a big part in the ROI it delivered.”
Looking towards IP investment for the next few years, Iger said he was excited about several attractions coming to Disney Parks, including the likes of Frozen, Avatar and Star Wars.
“We have a fair amount invested coming up, some of which was fairly modest in terms of cost,” he said. “Our Frozen ride for example will be gaining an attraction at Epcot this summer.
“In terms of larger investment, we licensed Avatar from James Cameron and that's enabling us to expand Animal Kingdom in Florida with Avatar Land opening in 2017. Ahead of that we’re planning a night-time safari and show which will include Avatar themes in them.
“We are also building our two big Star Wars lands – one for Disneyland in California and one for Disney World in Florida. These are two really big projects which we’ve just broken ground on.
“Those are the big capital investments on the domestic front then internationally, we have an Ironman attraction opening up in Hong Kong and we’re looking at the possibility of other further expansion there.”
The importance of IPs to Disney were demonstrated in a recent survey, with the annual Global 500 study by Brand Finance, ranking the company number one for brand strength, with the out-of-this-world performance of Star Wars: The Force Awakens driving Disney to that position.
As its own IP, Disney is preparing to take the China market by storm with the June debut of Disneyland Shanghai.
“I feel very confident about what we are building, what the reaction will be, it’s an extremely unique product,” said Iger. “There are a lot of theme parks in China now. Some of them actually are very impressive, but none of them have Disney’s IPs and none of them are built at this scale, with this quality, and with this attention to detail. It’s quite amazing, very exciting and we look forward to sharing it with everybody.”
Disney Bob Iger Avatar Cars Frozen Animal Kingdom IPsNew book by former Disney creative takes a design journey through the themed entertainment industry
Iger defends variable pricing strategy for parks at Disney's annual meeting
Disneyland's first president Jack Lindquist dies
VR flight on Millenium Falcon among the experiences for Disney's new Star Wars lands revealed by Harrison Ford
Disney accused of IP infringement over MyMagic+ system
BIG unveils Eve Music Hall as Croatia venue nears completion
Bob Rogers hands BRC to long-serving leadership team
Wellness care hospital opens in Vilnius with innovative spa and hospitality concept
Universal and Puy du Fou projects point to rise of Oxford–Cambridge corridor
A proposed Puy du Fou development near Bicester and Universal Destinations and Experiences’ planned resort in Bedford are emerging as part of a wider transformation of the Oxford–Cambridge Growth Corridor into a major centre for UK leisure and tourism investment.
For years, the corridor has been associated primarily with science, technology, housing and university-led economic growth. However, the clustering of large-scale visitor attraction projects along the
All-inclusive eco-wellness development Auko to open near Vietnam’s Son Doong caves
Shedd Aquarium upgrades its visitor experience with new Immersion Theater
Shedd Aquarium has opened the Immersion Theater developed in partnership with SimEx-Iwerks, as part of a wider strategy to enhance the guest experience and create additional revenue opportunities.
The attraction has transformed the aquarium’s Phelps Auditorium into a multi-sensory venue combining panoramic projection, environmental effects and interactive technology.
A new pre-show area allows visitors to engage with augmented reality marine animals before entering the
Mandarin Oriental announces standalone Mansions-branded residences for Abu Dhabi
MCR is planning a luxury hotel for London's BT Tower
Joy as a radical act: Yinka Ilori launches solo exhibition celebrating the rebellious power of spreading happiness
Work gets underway on Madrid's €800 million leisure complex
Work is underway in Madrid on one of Europe’s most significant multi-functional complexes, combining sport, entertainment, culture and education.
The €800 million initiative to regenerate the former Olympic Aquatic Centre in the north-east of the city, next to the Riyadh Air Metropolitano stadium, is being led by Barsento – a joint venture between Live Nation Entertainment, Oak View Group and Atlético de Madrid. The project will
Therme Manchester reveals 90:90 strategy – 90 per cent of the UK population within a 90-minute drive of a Therme
Four Seasons’ Naples Beach Club opens 2,800sq m Sanctuary spa inspired by indigenous Calusa people
Orient Express Corinthian to host Ocean Rebirth wellness retreat in collaboration with Guerlain
Famed London nightclub, Tramp, launches Tramp Health
First look: Miraval opens on the Red Sea in Saudi Arabia
Hainan Science Museum by Ma Yansong, opens in China
A new science museum has opened to the public in Haikou after attracting more than 350,000 visitors during a four-month soft opening period.
Designed by Ma Yansong and his practice MAD Architects, the Hainan Science Museum is located on the edge of Wuyuan River National Wetland Park and has already recorded peak attendance of more than 5,800 visitors in a single day.
Commissioned by




















