Disney is greatly expanding its investment into theme parks and cruises, the company said Tuesday.
Over the next 10 years, it will pour $60 billion into its Disney Parks, Experiences and Products segment, according to an SEC filing which coincided with its investor summit taking place this week. That’s about twice what it spent in the most recent 10-year period.
The investment comes at a time the company is facing revenue challenges in its streaming services, movie and television assets — almost everywhere but its international theme parks.
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