The Walt Disney Company announced it will double its expenditures for its theme parks and cruise line to $60 billion over the next 10 years and touted"over 1,000 acres of land for possible future development to expand theme park space across its existing sites."
“The company is able to absorb those costs and continue to grow the bottom line and look expansively at how we return value and capital to our shareholders,” he added. “We have a wealth of untapped stories to bring to life across our business,” D’Amaro said in a statement. “Frozen, one of the most successful and popular animated franchises of all time, could have a presence at the Disneyland Resort. Wakanda has yet to be brought to life. The world of Coco is just waiting to be explored. There’s a lot of storytelling opportunity.”