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Disney's parks are its top money maker — and it plans to spend $60 billion to keep it that way - TL;DR CNBC

Disney's parks are its top money maker — and it plans to spend $60 billion to keep it that way

Publishing timestamp: 2024-04-07 08:00:01


Summary

Disney's experiences division, including its theme parks, is the best-performing part of the company as it adapts to changes in consumer habits post-pandemic. The division, led by Josh D'Amaro, has seen record revenue and operating income, with investments planned to keep the parks fresh and relevant. Disney is focusing on innovation, storytelling, and immersive experiences to attract guests and drive growth in its experiences unit.


Sentiment: POSITIVE

Tickers: DIS

Keywords: lifebreaking news: businessbusiness newstheme park operatorswalt disney coentertainmentmediamoviesbusiness

Source: https://www.cnbc.com/2024/04/07/disney-parks-are-its-top-money-maker-its-spending-to-keep-it-that-way.html


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