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

Nov 08, 2023 in "The Walt Disney Company"

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.

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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Bocabear20 days ago

Look at the Dockside Diner at DHS... The Riverboat would at least fit the area as a set piece... Wether is could actually move or not...Just to have it on water in the proximity of TBA and BTMRR...It would really be the last piece of old Frontierland....

James Alucobond20 days ago

It would look completely nonsensical with how much they intend to narrow the waterways in the area.

Bocabear20 days ago

It could be parked at the TSI Raft dock. Give that area a gorgeous bit of scenery...

MisterPenguin20 days ago

Turn it into a parade float.

Gusey20 days ago

But where would it fit on the river? The closest river to TBA is the turn under the bridge right?

DisDude3320 days ago

But then it would be the deluxe ferrie and cost $20 to $50 per person.

Bocabear20 days ago

IF it is the closest thing to TBA at the front and they are frying Beignets....and it is right off the walkway past on your way to Auto Parts Mountain...they would be pretty busy....especally if you would not have to go all the way back through the TBA area to get them.... and a plus you could walk aroud the boat and have a seat in the shade...

doctornick20 days ago

Retrofitting the Belle for actual transportation seems like a bad idea to me - much better ways to achieve the benefit of increased transportation capacity. But I do wish the Liberty Belle can be retained in some capacity. Honestly, the most logical thing to me would be the actually retain some of the current RoA waterfront where it borders Liberty Square and across from CBJ and permanently dock the Belle. It can be used for some sort of meal service or even just as a walk through type attraction for ambiance.

JoeCamel20 days ago

It would be seasonal in 6 months

Bocabear20 days ago

They could park it in a small piece of the ROA they could leave in front of TBA and use it for Beignets/Julep vending or a DVC Kiosk...Upcharge special event flex space? It would at least look beautiful on the water as a set piece...but a sad end to a beautiful boat.

EricsBiscuit20 days ago

The LB only holds 450. It would be better suited to dinner cruises with the addition of restrooms and seating.

HauntedPirate22 days ago

Massive expense for little return.

UNCgolf22 days ago

It would, but I don't know that it would even fit on that river. It certainly wouldn't fit under the multiple bridges in the way.

MisterPenguin22 days ago

I'll put that on the list with a retrackd SSE and a retracked Space Mountain!!