Disney Globe lately celebrated its 50th anniversary in April 2022. In a securities filing on Tuesday, Disney announced that it will almost double its planned investment in the parks and cruises company to $60 billion more than the subsequent ten years. In spite of facing challenges in the altering media and entertainment landscape, Disney’s theme parks, experiences, and goods division has been performing nicely. Nevertheless, there has been a decline in attendance and hotel area purchases at the domestic parks, specifically Walt Disney Globe in Florida. On the other hand, the international parks have remained sturdy, with a 13% enhance in income to $eight.three billion reported in the third quarter. Remain tuned for a lot more updates on this breaking news.