Disney CFO says its planned $60 billion parks and experiences investment will ramp up in the back half of the next ten years

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Walt Disney Company headquarters in Burbank, California

Posted: Wednesday November 8, 2023 5:15pm ET by WDWMAGIC Staff

Disney's Interim CFO Kevin Lansberry has shed more light on Disney's previously announced plans to invest $60 billion in theme parks and experiences over the next ten years.

Walt Disney Company headquarters in Burbank, California

Lansberry said that while domestic parks and experiences is expecting solid growth for the next year, that growth will occur towards the end of 2024 due to continued comparisons in the first half of the year from the 50th anniversary at Walt Disney World and inflation.

He reiterated Iger's comments that the company continues to be bullish about the parks with plans to make significant investments over the next ten years to turbocharge growth in this area.

The outgoing CFO said to "expect those investments to ramp up towards the back half of that 10-year period with more gradual increases in the first few years."

Speaking in April 2023 at the Walt Disney Company Annual shareholder meeting, Disney CEO Bob Iger said that Disney plans to spend $17 billion over the next ten years, specifically at Walt Disney World, bringing 13,000 new jobs to the area.

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Haymarket10 days ago

Any idea what the boutique one was going to be?

celluloid18 days ago

Nope. I was within walls. Most of this team is now gone.

Haymarket18 days ago

Whoa. Where'd you learn about it? Is there an article our there?

celluloid18 days ago

One was akin to mystical(not quite Sea) another more boutique(glad it did not happen) and another was a copy of Sea.

Haymarket18 days ago

Where did you learn of the three detailed plans? Any idea what their themes are?

Quietmouse21 days ago

So is animal kingdom going to get that LK attraction?

doctornick21 days ago

Honestly, I think that Epcot would benefit from some smaller scale additions - just putting some dark rides in WS pavilions would help to spread out the "things to do" in what is a very large park. Of course, putting something in the old WoL space as well as making Imagination something good again would also be nice.

po199822 days ago

Were any ballpark dates stated for any of the new park additions?

Mr. Pusskers22 days ago

EPCOT is my favorite Park followed By Magic Kingdom; Epcot needs to add more. It is a cool concept with enough room to grow and expand. Mayne they just have to use their Imagination, Right Figment

tpoly8823 days ago

Agree Epcot is my favorite but there is room for more attractions

tpoly8823 days ago

Agree. Epcot is my favorite park!

TimeDuck23 days ago

Mystic you're not getting nearly enough credit for how comprehensively you nailed almost all of this

BocabearJul 09, 2024

I agree....and the very last thing that the WDW Resort needs right now is a 5th gate...All of their parks except maybe the Magic Kingdom are in desperate need of more attractions. EPCOT needs an attraction in every country pavilion...and then a few more in World Future-nature-bration or whatever it is called...there should be no shuttered pavilions or closed attractions...It is such a shame to see what a mess that amazing park has become. flex space.... lol