New details on Disney’s big $60B investment in parks, cruises, more

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ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

More details have come to light on the timing and distribution of the $60 billion investment The Walt Disney Co. has planned for its Disney Parks, Experiences & Products division over the next 10 years — and first fruits from the capital spending plans may not be too far off.

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The investment plans for the Burbank, California-based entertainment giant have important economic implications for Central Florida, as the Experiences division oversees the company’s theme parks, cruise lines and more.

During an earnings call Feb. 7 for the first quarter of fiscal-year 2024, Disney CFO Hugh Johnston noted 70% of the $60 billion is “earmarked for incremental capacity-expanding investments around the globe.”

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