The Walt Disney Company Investing $60b in Most Profitable Parks, Experiences, and Products. In a new filing to the SEC, Disney continues to fire back at activist Nelson Peltz and Train. Going more in-depth into where the promised $60b in Experiences will be spent.
In September 2023, we announced a ~$60bn investment plan over 10 years, including capital to expand domestic/international parks and cruise line capacity Investments will build upon our strong track record of generating outsized returns and will focus on:
Accelerating storytelling by utilizing our wealth of intellectual property untapped stories, and unmatched creativity
Expanding our footprint ..we have over 1,000 acres of available development across our six existing resorts in North America, Europe, and Asia
Investing in innovative technology to improve the guest experience
Reaching new tans around the world .. for every park guest today, we believe there are >10 consumers with Disney affinity who don’t visit the Parks in a given year
The Walt Disney Company SEC filings can be found here.
Related: Disney CEO Bob Iger “We could actually build seven new full lands if we wanted to around the world”
The plan supports investments to create magical new experiences, and refresh existing infrastructure –70% of the plan is earmarked for capacity-expanding investments.
SELECT OPENINGS AND LAUNCHES FROZEN:
Frozen-themed lands at Hong Kong Disneyland (opened November 2023) and coming to Tokyo Disneyland and Disneyland Paris
ZOOIOPIA First-ever Zootopia-themed land with an all-new attraction and unique entertainment, flood, beverages, and merchandise
Shanghai Disney Resort (opened December 2023 Expansion of Tokyo DisneySea with three new themed areas recreations of the worlds of Frozen, Rapunzel, and Peter Pan (opens June 6, 2024)
Tiene’s Bayou Adventure is a thrilling attraction inspired by The Princess and the Frog, coming to both Walt Disney World (summer 2024) and Disneyland Resort (later in 2024)
Disney Cruise LINE Three cruise ship deliveries in FY25 and FY26 to increase the total feet from five to eight ships
AWARD-WINNING INNOVATION In the last decade, Disney’s theme parks and cruise line have earned more than 600 awards and accolades from world-renowned organizations, and high-profile media, and industry experts for innovation, visual effects, and creativity.
