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Published 9 days ago

Disney pouring $60 billion into theme parks, cruises over the next 10 years

  • The Walt Disney Co. plans to invest $60 billion into its theme parks and cruise lines over the next decade, nearly double what it spent in the previous 10 years.
  • The Disney Parks, Experiences and Products segment has experienced a 13% rise in revenue in its fiscal third quarter, contributing to the company's overall success.
  • Disney's expansion and investment in theme parks have been driven by CEO Bob Iger, who aims to explore untapped potential in existing sites and create new themed lands.
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