Disney's Theme Parks Outperform, Bracing for Intense Competition Ahead
Tuesday, 7 May 2024, 22:25
Disney Theme Parks Performance Overview
Disney's theme parks emerged as a bright spot in the latest quarter results, surpassing expectations in a competitive market.
Strategic Investment in Growth
The company announced plans to invest $60 billion in theme-park capex over the next decade, signaling a long-term commitment to expansion.
Rise of Competition from Universal
Disney is set to face increasing competition from Comcast's Universal Studios, leading to a fierce battle for market dominance.
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