New details about Disney’s massive $60 billion investment in parks, cruises and more – WFTV

ORLANDO, FL — Editor’s note: This article is provided as a result of a content partnership between WFTV and Orlando Business Journal.

More details have emerged about the timing and allocation of the Walt Disney Co.’s $60 billion investment in the Disney Parks, Experiences and Products division over the next 10 years, but the first results from the capital spending plan are Maybe not by much, but by a wide margin.

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The Burbank, Calif.-based entertainment giant’s investment plans have important economic implications for Central Florida, as its Experiences division oversees the company’s theme parks, cruise lines and more.

During the fiscal year 2024 first quarter earnings call on February 7, Disney’s Chief Financial Officer Hugh Johnston said that 70% of the $60 billion will come from “incremental capacity expansions around the world.” The money will be used for investment.”

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