the amount it plans to invest in its parks business. The company said in a securities filing Tuesday that it expects to spend $60 billion on the division over 10 years. Theme parks have been a bright spot for the company as it tries to make its streaming business profitable and faces a changing media landscape. Its domestic parks, particularly Walt Disney World in Florida, saw a slowdown in attendance and hotel room occupancy. But international parks have remained a source of strength.
Barbara Fried, mother of Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, leaves the courthouse, after a U.S judge revoked Bankman-Fried's bail, New York, Aug. 11, 2023.the parents of disgraced founder and ex-CEO Sam Bankman-Fried. The company said it is trying to claw back luxury property and "millions of dollars in fraudulently transferred and misappropriated funds" from Allan Joseph Bankman and Barbara Fried.