By Will Feuer

 

Disney said it plans to pour about $60 billion into its unit that houses its theme parks and cruise line over the next decade, nearly double the amount of investments it has pumped into the unit over the past 10 years.

The company said the investment will include expanding and enhancing existing parks and adding cruise line capacity. Disney noted that it has about 1,000 acres of land for possible future development of theme parks.

 

Write to Will Feuer at Will.Feuer@wsj.com

 

(END) Dow Jones Newswires

September 19, 2023 09:22 ET (13:22 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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