Is Dreamworks area closing down

[Chalky]

Based on a recent youtube video published on the 12th November 2020 the Ardent Leisure Dreaworks Theme Park Shrek, Kung Fu Panda & Madagascar - oh my! Join us for a walkthrough of the "Dreamworks Experience is to be no more, I quote the following from Theme Park Ogre

"With the rumours that this area might be closing soon, I thought it was time to do a walk through video! I hope you enjoy" [Ref: Theme Park Ogre]

Reported on the 9th of November, Ardent Leisure, owner of Dreamworld theme Park has announced and due to report my month ending (Nov 2022) that a potential $50, million spend is to be allocated to their businesses.  In addition and as part of questions posed by investor to Ardent Leisure, the option for accommodation on Ardent Leisure's significant and 100% owned land is still being considered. 

Having watched the Theme Park Ogre YouTube video (as per encloded link), and what appears to be a lack of busting and swelled Theme Park guess crowds in the filmed area(s), may well provide some credibility that the suggested rumour posed by Theme Park Ogre may indeed have some merit. 

It is acknowledged that Dreamworks made its First quarterly profit as announced on the ASX since the tragic accident at Dreamworld, Ardent Leisure has resently reported a handsome $150 mill plus resting in slumber in their healthy bank accounts. With a previously announced $75 million 4 star and 5 star caravan park planned (tentatively put on hold) coupled with $50 million allocated to business park improvements.

Having a recent theme Park competitor having announced their intent for a possible high rise hotel in close nearology to the park, Ardent Leisure may have missed the boat (opportunity) in regards to their planned 4 star hotel on their 100% owned land.  However, a 5 start caravan park in the heart land of Australia's theme Park mecca, applying the $50 million and connecting the business to the $75 million bolt on business may make good business sense on a nimber of fronts.    

Could the rumour play benefit to a complete re-theme and finally connecting dormant Ardent Leisure land with new business opportunities. Regardless, the writing is on the wall, Dreamworld maybe a completely different experience for guests and as lacking in the Theme Park Ogre video, increase much needed foot traffic at Dreamworld. 

[WarRump]

Big area to refurbish and find alternative options away from DreamWorks figures, will Kenny Koala and Belinda fill the vacancy, hummmm I don't know. 

At least Dreamworld won't be paying exorbitant licences and fees which i would assume to be heaps to US based DreamWorks just to have Shrek and Madagascar characters at the park, meaning less fees, more money, more rides and other fun stuff to invest in, I guess. 

[Ashley Jeffery]

No one really knows. I hope WWW are getting some of that 50 mil.

[Ashley]

@Chalky, it’s certainly a possibility. But as @Ashley Jeffery said “no one really knows”. 
I’d say ABC kids world is definitely in need of a renovation before dreamworks.

[Brad2912]

Closing down just isn’t an option, they are not retiring that area of the park. A re-theme is a distinct possibility that there have been some indicators pointing towards. The recent results release points to some major announcements within the next couple of weeks