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Queues for the kingdom: Disney's parks didn't quite pull their usual crowds this year

Queues for the kingdom: Disney's parks didn't quite pull their usual crowds this year

In news that will delight coaster enthusiasts and weary parents alike, Disney’s Florida theme parks are reportedly the emptiest they’ve been for years, according to new analysis cited by the Wall Street Journal.

This year’s figures revealed that parkgoers who spent the Fourth of July at Animal Kingdom, EPCOT, Hollywood Studios, and Magic Kingdom experienced shorter wait times for attractions, despite the much-loved firework displays and July 4th festivities going ahead as usual.

Queues to the kingdom

Disney’s sprawling Orlando kingdom of theme parks has contributed much to the company’s revenue in recent years. Indeed — as we charted last year — Disney’s "Parks, Experiences, and Products" division brought in some $7.4 billion for Q3 2022, more than a third of the entertainment giant's overall takings — hence why the wait time drops may have Disney execs concerned.

Thrill Data, which tracks queue times from the official My Disney Experience app, corroborate WSJ reporting and show thrillseekers at Disney’s Hollywood Studios Park and Magic Kingdom saw the most significant drops this Independence Day. Fans of the Star Wars rides at Hollywood Studios waited in line for just ~18 minutes on average, down from 37 minutes in 2022. Riders at Magic Kingdom, home to Space Mountain and the Seven Dwarfs Mine Train, queued for 25 minutes on average, almost half the wait time from 6 years ago.

Price hikes have certainly been a factor for the lighter crowds, with Disney looking to attract a smaller number of customers who may spend more money, and its ongoing war with Ron DeSantis won't have helped either. Another factor is simply that tourists have cooled on American theme parks more generally, with international travel more possible this year than during the pandemic.

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Luke Kawa

Thieves are targeting “Pokémon” cards in robberies since they’ve skyrocketed in value

A real-life mishmash of different Team Rocket wannabes is having a lot more success thieving “Pokémon” cards than Jessie and James ever did in their attempts to pilfer Pikachu throughout the anime series.

The Washington Post reports on a string of DC-area heists of “Pokémon” cards, with CGC Cards Vice President Matt Quinn quoted as saying, “Any time you’re carrying around collectibles that are worth money, whether it be gold bars, Pokémon cards, coins, toy trains, or whatever it might be, you have to be vigilant with knowing that you’re carrying collectibles that can be easily stolen from you,” adding that these episodes are happening across the country.

Gotta thieve ’em all is an outgrowth of the massive boom in the value of “Pokémon” cards, with The Wall Street Journal reporting on 3,000% returns earlier this year. Their meteoric rise has been a big boon to GameStop, whose collectibles business has played a critical role in the stabilization and nascent turnaround of its operations.

Both individual cards and unopened packs have been targeted in robberies of stores and personal residences, per the Post report.

Stealing unopened packs of “Pokémon” cards is effectively thieving and buying call options at the same time: an individual pack might not be worth much on its own, but the most valuable cards in the recently released Mega Evolutions set are going for over $1,000. And at about 23 grams per pack and relative differences in security, the logistics seem a lot less onerous than trying to rob a gold dealer.

(Note: I don’t know for sure. I’m not a thief, besides that Klondike bar one time in high school.)

culture

iHeartMedia surges on report Netflix, competing with YouTube, wants its video podcasts

Video podcasts are becoming a key part of Netflix’s efforts to keep pace closely behind YouTube in the streaming wars.

According to reporting by Bloomberg, the streamer is in talks to exclusively license video pods from iHeartMedia. Shares of IHRT surged on Tuesday morning.

Under the deal, iHeartMedia, which produces shows like “Las Culturistas,” “The Breakfast Club,” and “Jay Shetty Podcast,” would reportedly stop posting full episodes on YouTube — the site that more than a billion people use to watch podcasts every month.

Netflix made a similar deal with Spotify last month and will begin streaming 16 video podcasts produced by Spotify Studios early next year.

According to the Nielsen Gauge, YouTube pulled in 12.6% of all TV viewership in September, compared to 8.3% for Netflix.

Under the deal, iHeartMedia, which produces shows like “Las Culturistas,” “The Breakfast Club,” and “Jay Shetty Podcast,” would reportedly stop posting full episodes on YouTube — the site that more than a billion people use to watch podcasts every month.

Netflix made a similar deal with Spotify last month and will begin streaming 16 video podcasts produced by Spotify Studios early next year.

According to the Nielsen Gauge, YouTube pulled in 12.6% of all TV viewership in September, compared to 8.3% for Netflix.

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