|January 26, 2023|
Bernstein With a Twist
This is a weekly program with commentary on current issues.
Sad times in the Magic Kingdom. Shrinking attendance and revenue is forcing the Disney Co. to restructure its parks and resorts and cut jobs.
Youíd think that, even in a worldwide global economic collapse. Some places would be off limits. Safe. Exempt.
Like the Seven Wonders of the World. Those seem largely unaffected. I googled Stonehenge and it still looks pretty good.
The Coliseum, not the one thatís always looking for a pro football team, but the one where the gladiators used to go at it, is still essentially in one piece.
I read one estimate that 500,000 people and more than 1 million wild animals are thought to have died in the Coliseum. But it still looks better than some of the hardest hit subdivisions in Riverside County.
Even the Leaning Tower of California Pisa is holding up. Still leaning, but these days who isnít?
So yes, many of these wonders seem to be recession, or should I say depression, proof.
But some of our other more modern wonders, or icons, to use a word that, along with diva, should be retired to the Pyramids, are having a devil of a time.
Iíve obtained an internal memo that makes it clear nobody at the Magic Kingdom is safe.
Episode Date: February 20, 2009