Subject:
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Re: Lego changes CEO after new losses
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Newsgroups:
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lugnet.lego, lugnet.general
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Date:
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Thu, 21 Oct 2004 18:05:59 GMT
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Viewed:
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86 times
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In lugnet.lego, Ted Michon wrote:
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I hope you’re right, but the two top guys in TLC now have a combined 5 years
experience with the company and it’s all on the financial side.
Spinning off the parks, or selling them outright, sounds ominous. It suggests
a level of distress calling for drastic measures. I cannot imagine TLC
divesting LL Billund because it’s so close, physically and emotionally, to
the heart of the company and its history. But I could see LLCA gone in a
hearbeat -- it’s a small kid theme park in very competitive market.
Personally, that’s very sad. My wife and I just bought Ambassador passes only
a few weeks ago. We aren’t interested in LLCA as a theme park, but as a link
to TLC.
If I were taking LEGO back to basics (the recurring theme of the past 12
years), I would still want to push the Brand Retail concept in areas were it
could be combined with multi-acre Minilands and special event centers. LEGO
knows how to build bricks better than anyone else, but competing to make the
better rollercoaster is a different ballgame.
-Ted
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Interesting that you mention this, I was concidering an Ambasador Pass for
myself this year, but now I’m not so sure it’s worth it. I remember when Marine
World was sold to Six Flags. It lost most it’s charm and became a Magic Mtn
clone.
Mat
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Message is in Reply To:
 | | Re: Lego changes CEO after new losses
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| (...) I hope you're right, but the two top guys in TLC now have a combined 5 years experience with the company and it's all on the financial side. Spinning off the parks, or selling them outright, sounds ominous. It suggests a level of distress (...) (20 years ago, 21-Oct-04, to lugnet.lego, lugnet.general, FTX)
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