Reported 2 months ago
At the recent D23 Expo, Disney announced significant investments in theme parks despite current challenges, such as a decline in projected growth for their parks due to changing consumer behavior. Analyst Barton Crockett emphasizes that Disney's theme parks are critical to its value and cash flow, and while the streaming industry presents competition, the company's long-term strategy focuses on attracting the next generation of families.
Source: YAHOO