Disney’s $60 Billion Theme Park Expansion Plans

Disney plans to invest $60 billion over the next decade in their Parks, Experiences and Products division, nearly double the amount spent in the last 10 years. CEO Bob Iger announced the move, stating the company is mindful of financial growth and shareholder value. The proposed investment includes fresh ideas, such as the creation of new lands themed on Frozen, Coco, and Black Panther. Chairman Josh D’Amaro emphasized the company’s ambitious growth strategy backed by a proven record and land resources for further expansion.