Disney's $60B Theme Park Expansion
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Disney plans a $60 billion expansion of its theme parks, products, and cruise line business over the next decade.
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This investment nearly doubles Disney's previous 10-year spending in this division.
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While Disney CEO Bob Iger had mentioned a $17 billion investment in Disney World, it's uncertain if this is part of the $60 billion.
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The expansion covers various locations, including Disneyland in California, Walt Disney World in Florida, and parks in France, China, and Japan.
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Disney aims to explore untapped stories, characters, and franchises in its theme parks globally.
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With over 1,000 acres of land available for development, Disney plans to expand its cruise line business in Asia, Australia, and New Zealand.
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Disney intends to nearly double its worldwide cruise line capacity with new ships and homeports, including Singapore in 2025.
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Disney seeks to reach over 700 million people with a strong Disney affinity who have yet to visit their parks, focusing on expanding its fan base.
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