Disney Planet lately celebrated its 50th anniversary in April 2022. In a securities filing on Tuesday, Disney announced that it will practically double its planned investment in the parks and cruises business enterprise 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 solutions division has been performing effectively. Nonetheless, there has been a decline in attendance and hotel space purchases at the domestic parks, specifically Walt Disney Planet in Florida. On the other hand, the international parks have remained robust, with a 13% boost in income to $eight.three billion reported in the third quarter. Keep tuned for extra updates on this breaking news.