Disney to invest $60 billion in theme parks and cruise lines over next decade

Apparently, the Walt Disney Company won’t be run from Florida by Governor Ron DeSantis – or anywhere else, for that matter.

Disney announced it would invest $60 billion over the next 10 years in its theme parks and cruise line.

Disney is embroiled in a year-long feud with the governor, who appears determined to take on what was officially a standalone regime at Disney World in Orlando after the company publicly defied the governor on one of its state policies.

The company said it has enough space to further expand its theme parks, which equates to about seven new Disneyland parks.

It remains to be seen whether it plans to open new parks or expand existing ones. The company announced last week that it was planning some additions for the Magic Kingdom. Disney said in a regulatory filing that it plans to invest nearly $60 billion, which would be double what it spent in the previous 10 years.

Disney said in a statement that it has already seen growth in its expansion every time it invests money.

There were no final plans, but Disney invested in its overseas parks in Hong Kong, Paris, Shanghai and Tokyo. Disney has already announced that it will expand the Pirates of the Caribbean land in the Magic Kingdom and improve the Test Track course at EPCOT.

CEO Bob Iger, who returned to replace Bob Chapek, reportedly has a fondness for theme parks as a way to reconnect with true Disney fans.

Disney has already announced that it will add three ships to its cruise line over two years, starting in 2025.

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