Disney to Invest $60B in Theme Parks and Products Division, Doubling Initial Plan
  • 7 months ago
Disney announced it would nearly double its planned investment to roughly $60 billion over 10 years in its theme parks, experiences, and products division. Disney plans to lean on its popular brands and intellectual properties to build out its theme park attractions, highlighting potential opportunities from properties like Frozen, Zootopia, and more. Disney reported the parks segment saw a 13% revenue increase to $8.3 billion in its recent quarter, demonstrating the strength of live experiences. The announcement comes amid lawsuits between Disney and Florida Governor Ron DeSantis over proposed park expansion plans in the state.