$300 MILLION To Be Written Off Due To Star Wars: Galactic Starcruiser
Walt Disney World News Published by MFTUK |
| Image: © Disney |
Disney announced that Star Wars: Galactic Starcruiser would be closing for good this September. Following this announcement, Disney Parks Chairman Josh D'Amaro has given some more information on the closure. He said it didn't perform how they wanted it to, and the depreciation will accelerate between $100 million to $150 million per quarter over two quarters. Which means that Disney could be writing off up to $300million on the project.
I don't think we've talked about this before, but in both Q3 and Q4 as we accelerate depreciation on that Starcruiser, we should expect about $100-150 million acceleration in depreciation.
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I'm a British Disney Parks fanatic who created Mickey From The UK myself from scratch as a passion project to share reviews, guides, and tips on the Disney Parks experiences from a British perspective. I've been visiting Disney Parks for decades, and Mickey From The UK is the place I share Disney Parks content relevant to British guests. I cover Walt Disney World, Disneyland Paris, Disney Cruise Line, and British-relevant travel news.
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