The Walt Disney Company has announced that it will pour $60 billion into its theme parks, cruise ships, and other attractions, in a bid to enhance the visitor experience and draw more fans. The gargantuan investment will include more money to expand Disney World in Florida despite the company’s ongoing political and legal war with Gov. Ron DeSantis .
The announcement follows a steady drumbeat of media and LGBTQ activist pressure for Disney to abandon Florida, or at least disinvest from the state — a campaign that was mostly just wishful thinking. Their rage-filled effort to reverse the state’s Parental Rights in Education Law has so far gone nowhere, with the law that protects school kids from radical LGBTQ indoctrination remaining in full effect.
On Tuesday, CEO Bob Iger led a presentation to investors at Disney World in Orlando, where the company said it had more than 1,000 acres of land available for development, including at Disneyland in California, Walt Disney World in Florida, and parks in Europe and Asia, according to multiple reports.
Disney plans to spend $60 billion to expand its theme parks, cruise lines and similar ventures over the next decade