“And as far as peak spending, I think Epic, I think we expect our peak spend probably to be this year, although '23 and '24 will be comparable as we ramp down at the beginning of '25 prior to opening.”

In context

“ld in Dallas, which is a design for a younger audience, less investment, if it's successful, which we're pretty confident it will be, it's a concept that will work in a lot of places around the world that may not support a full-scale theme park like we have in Orlando or Beijing, but it could support something else. So that -- we're excited about that concept. And then the Halloween horror nights experience in Vegas, which I'm really excited about, could also be expanded to a number of different places around the world. So we're definitely having our eye towards places expanding internationally not just domestically with a number of markets kind of on the docket. And they won't all be places for a big giant primary theme park that we might look at different concepts for different markets. And as far as peak spending, I think Epic, I think we expect our peak spend probably to be this year, although '23 and '24 will be comparable as we ramp down at the beginning of '25 prior to opening. So that's the parks. Peacock, we are could not be more positive about our trajectory so far. We're right where we expected to be as far as investment, and we're well above where we expected to be as far as paid subs, which was going to pay off. We will hit our peak spend, as I think Mike or Brian said in the opening, this year and then improve steadily from there. And we wouldn't be making the investment if we do see the investment in Peacock alone delivering return over time. As I said, in my prior answer that I'm more confident now that we're going to get to that, and it's going to be a good return just on that investment alone and the overall Media segment. And based on how we're doing so far, I'm more and more confident that that we made the right choice of business model and that ou”