Disney Doubles Down on Theme Parks and Cruise Lines with $60B Investment
Disney plans to invest approximately $60 billion into its theme parks and cruise lines over the next 10 years, nearly double what it spent in the prior 10-year period. Disney's theme park segment has been growing consistently and helping to offset struggles in other parts of its business like the media division. The new investment will expand existing theme park sites, with over 1,000 acres of land available for future development across various locations. That's equivalent to about 7 new Disneyland parks. Disney announced plans to add 2 new cruise ships in 2025 and another in 2026.
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00:00 It's Benzinga and here's what's on the block.
00:03 Disney plans to invest approximately $60 billion into its theme parks and cruise lines over
00:07 the next 10 years, nearly double what it spent in the prior 10-year period.
00:11 Disney's theme park segment has been growing consistently and helping to offset struggles
00:15 in other parts of its business like the media division.
00:17 The new investment will be used to expand existing theme park sites with over 1,000
00:21 acres of land available for future development across various locations.
00:25 That's equivalent to about 7 new Disneyland parks.
00:28 Disney already announced plans to add two new cruise ships in 2025 and another in 2026.
00:33 For all things money, visit Benzinga.com.
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