The Walt Disney Company said it will spend $60 billion on its theme parks, and cruise ships, as well as other attractions, to make them better and attract more people. The enormous investment will go toward expanding Disney World in Florida even though the firm is still engaged in a legal and political battle with Governor Ron DeSantis (R).
The declaration comes after consistent pressure from media outlets and LGBTQ activists to have Disney withdraw its investments from Florida or leave the state entirely. This was mostly a wishful effort. So far, their angry attempts to get rid of the state’s Parental Rights in Education Law haven’t worked, and the law that shields kids from extreme LGBTQ brainwashing in schools is still in full force.
According to numerous reports, CEO Bob Iger gave a presentation to investors this week at Disney World in Orlando. During the presentation, the company stated that it had over 1,000 acres of land that was ready for development, that includes at Disneyland in California, Walt Disney World in Florida, as well as parks in Europe and Asia.
Disney will also increase the number of cruise ships it has in the Pacific area.
The company seems to care most about getting more people to go to Disney parks.
“Disney’s internal research shows that there are over 700 million individuals with a strong Disney affinity that the company has not yet reached with its Parks,” the company allegedly stated. “In fact, for every person who goes to a Disney Park, there are over ten others who like Disney but don’t go.”
Disney has always made a lot of money from theme parks, but as Bidenflation hurts families and Disney has become more woke, greater numbers of families are choosing to stay away. This has led to stories of fewer people going to the parks and also lines that are too short.
Disney and DeSantis are in a complicated court fight right now because the company tried to stop the state’s Parental Rights in Education law from going into effect.
DeSantis took away the company’s self-governing position in the Orlando area, which caused a lot of cases that are still making their way through Florida court proceedings.