Disney's Experiences Division Focuses on Theme Parks Amid Changing Viewing Habits

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 50 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 58%
  • Publisher: 51%

Business News

Disney,Experiences Division,Theme Parks

Disney's experiences division, which includes its theme parks, is the best-performing part of Disney's business as the company tries to adapt to changes in movie and TV viewing habits. Josh D'Amaro, who leads the division, is overseeing additions and changes to the parks as Disney pledges $60 billion in investments in the segment over the next decade. From innovations in robotics and animatronics to more immersive storytelling, Disney is looking for new ways to keep people coming to its parks.

Disney's experiences division, which includes its theme parks, is the best-performing part of Disney's business as the company tries to adapt to changes in movie and TV viewing habits. Josh D'Amaro, who leads the division, is overseeing additions and changes to the parks as Disney pledges $60 billion in investments in the segment over the next decade. From innovations in robotics and animatronics to more immersive storytelling, Disney is looking for new ways to keep people coming to its parks.

The California theme park's Main Street was quiet: no cheery tunes from famed barbershop quartet the Dapper Dans, no clanging railroad bell, and no wafting scent of waffle cones from the Gibson Girl Ice Cream Parlor. It had been more than a year since the Covid pandemic had forced Disney's domestic parks to shutter, but D'Amaro, chair of Disney's experiences division, was confident guests would flood back in when the gates reopened. Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly's best-performing segment, rebounding and offering stability in recent quarters as Disney shuffles to adapt its entertainment business to match consumer habits that changed after the pandemic. On that quiet day in 2021, D'Amaro had been in charge of the parks, experiences and consumer products division, now just called experiences, for only a little more than a year. He took the helm when Bob Chapek was tapped as CEO in early 202

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney's Experiences Division Focuses on Theme Parks as Best-Performing SegmentDisney's experiences division, which includes its theme parks, is the best-performing part of Disney's business as the company tries to adapt to changes in movie and TV viewing habits. Josh D'Amaro, who leads the division, is overseeing additions and changes to the parks as Disney pledges $60 billion in investments in the segment over the next decade. From innovations in robotics and animatronics to more immersive storytelling, Disney is looking for new ways to keep people coming to its parks.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Disney to Crack Down on Password Sharing for Disney+ Streaming ServiceDisney CEO Bob Iger announced that the company will start cracking down on password sharing for its Disney+ streaming service in June and September. This move is part of Disney's efforts to boost signups and revenue. Hulu, another streaming service owned by Disney, has already implemented restrictions on account sharing outside households.
Source: mercnews - 🏆 88. / 68 Read more »