When Disney announced last year that it planned to spend $60 billion over the next decade to expand its theme park and cruise businesses, double the amount spent over the previous decade, the company’s stock price instantly dropped.
Disney fans were excited for a hot second — and then they too started to demand answers, venting on social media about feeling baited.
Was Disney being hypothetical about the expansion (as it has been on occasion in the past), or was this for real?
The Magic Kingdom, Disney’s flagship theme park in Florida, will undergo the largest expansion in its 53-year history, with one new “land” devoted to classic Disney villains and another focused on Pixar’s “Cars” movies.
The Disneyland Resort in California will add two superhero-themed rides, a water-based “Avatar” attraction, the company’s first “Coco” ride and a Main Street, U.S.A., show starring an animatronic Walt Disney.
Persons:
”, Coco ”, Walt Disney
Organizations:
Disney, Wall
Locations:
Florida, California, U.S.A