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Disney pouring $60 billion into theme parks, cruises over the next 10 years
The Walt Disney Co. plans to invest $60 billion into its theme parks and cruise lines over the next decade, nearly double what it spent in the previous 10 years.
The Disney Parks, Experiences and Products segment has experienced a 13% rise in revenue in its fiscal third quarter, contributing to the company's overall success.
Disney's expansion and investment in theme parks have been driven by CEO Bob Iger, who aims to explore untapped potential in existing sites and create new themed lands.