Ahhh media - never change.
Yeah as noted, they've got wiggles characters, ABC Kids characters including BiP, they've got Kenny and Belinda, Goldie... there is not going to be a shortage of character opportunities, and not having the stage themed to a single IP means they can use it for special holiday attractions as well as regular shows and appearances - if anything the loss of the dreamworks characters gives them MORE opportunity, not less.
How so? The theme and layouts as I understand them sound quite well planned and thought out?
They're:
Merging the two kids areas (that are quite a distance apart) into a single unified zone, using both ABC, Wiggles and non-IP themes.
Installing a splash pad adjacent to ocean parade, and extending the 'parade' beyond it to encompass the orphaned KFP Land attractions (themes to be revealed, but "ocean")
Returning RiverTown to the River, potentially restoring the old "gold rush town" style feel by the murrisippi, returning the cars to where they should be, and bringing in a new coaster also themed to the same
Putting a 'fairground' weenie front and centre inside the park to give the entrance some kinetic energy without an elaborately distracting theme - its a main street attraction pure and simple and doesn't need any strong themes to work well.
The only thing in the above that I have even the remotest reservation about is the further bloating of the already enormous Ocean Parade. Since they no longer have wipeout, stingray, reef diver or flowrider, the things that made it "ocean" aren't really there anymore, and they could have taken the opportunity to make that area more cohesive, rather than bloat it further. But given the $50M+ they're already spending across a high majority of the parks footprint... i'm prepared to wait and see a complete job.