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Disney Announces $60 Billion Investment in Theme Park Expansions

The investment will introduce new attractions inspired by Star Wars, Avatar, Encanto, and Indiana Jones, aiming to enhance guest experiences and park capacities.

Overview

  • Disney's Magic Kingdom to undergo its largest expansion ever, including attractions inspired by popular franchises.
  • CEO Bob Iger emphasizes the importance of flexibility in investment to accommodate future hits and expand park capacities.
  • New technologies like 'HoloTile' showcased, promising innovative guest interactions.
  • Disney faces criticism for perceived lack of preparation against Universal's upcoming Epic Universe park.
  • Legal settlement with Florida state enables significant investment in Disney's Florida parks, with 70% of funds allocated towards new attractions.