Disney Plans $60B Expansion of Theme Parks Business ...Middle East

In a dramatic expansion of its theme parks, products and cruise line business, The Walt Disney Co. says that it will spend $60 billion over the next 10 years to turbocharge growth in the lucrative division. That is nearly double its investment compared to the prior 10 years period, the company says. In May, Disney CEO Bob Iger said that the company had plans to invest $17 billion in Walt Disney World over the next 10 years, an investment cited in response to Florida Governor Ron DeSantis’ plan to dismantle the Reedy Creek Improvement District. “Does the state want us to invest more, employ more people and pay more taxes or not?” Iger said at the time. It is not immediately clea

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Last updated : 19 September 2023 clock 05:08 PM

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Disney Plans $60B Expansion of Theme Parks Business ...Middle East

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