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Disney Announces $60 Billion Investment to Fuel Parks Growth, But Analysts Want Streaming Clarity

  • Disney announced a $60 billion investment in its Parks, Experiences and Products segment over the next 10 years to drive growth, nearly doubling its prior decade's spending.

  • Analysts were bullish on the long-term parks growth opportunity but some wanted more clarity on returns from the increased spending.

  • Disney has significant untapped expansion opportunities with undeveloped land equivalent to 7 more Disneyland parks and ability to increase capacity further.

  • The parks business has bounced back strongly post-COVID with revenue and profits well above pre-pandemic levels.

  • While parks are attractive, analysts say Disney's streaming business profitability remains key to driving overall growth and stock value.

hollywoodreporter.com
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