Bob Iger On How Disney Is Turbo-Charging Theme Parks

deadline.com:

In the fall of 2023, Disney announced plans to double its investment in theme parks to $60 billion over ten years. Today, CEO Bob Iger spent a big chunk of time sharing “some of what we’ve been up to” with shareholders at the company’s annual meeting, touting new lands and attractions from Cars, Avatar, Lion King, Monsters Inc., Coco and more.

The shareholders confab was calm and short, unlike last year’s fireworks when Disney successfully fended off an aggressive challenge by activist investor Nelson Peltz for two board seats. “Last year, we talked about our plans to turbo charge growth in this segment through strategic investments,” Iger said. “Right now, we have more projects underway around the world than at any time in our history.

Magic Kingdom is undergoing the largest expansion ever, including a new area inspired by Cars and the much-anticipated Villains-themed land.

A Monsters Inc. themed land is coming to Hollywood Studios.” A new Tropical Americas land is coming to Disney’s Animal Kingdom with attractions themed to Encanto and Indiana Jones. “We’re doubling the size of Avengers campus with two new attractions at Disney California Adventure, a ride-through attraction themed to Coco is also coming to Disney California Adventure as it is the long-awaited Avatar themed destination,” Iger said.