What’s driving Disney’s $60 billion theme parks expansion

People walk toward an entrance to Disneyland on April 24, 2023 in Anaheim, California.

Mario Tama | Getty Images

The next wave of Disney theme park expansion in the U.S. is primed to be in California rather than Florida.

It’s a tale of two coasts as the entertainment giant aims to invest $60 billion in its crown jewel parks and cruises over the next decade to help deliver more value to shareholders.

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