Monday, August 12th 2024, 3:06:40 pm
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Disney (DIS) gave fans a glimpse into the next few years as it announced major expansions to its theme parks. The multinational entertainment company is planning a Villiains Land in its Magic Kingdom park, alongside additions including the Cars franchise, Encanto, and Indiana Jones. Hollywood Studios will be getting a Monsters Inc. Land, and California's Disneyland park will see more Avengers and Avatar attractions. Yahoo Finance Senior Reporter Alexandra Canal breaks down the new improvements and what it means for Disney as it showed to be struggling with weak park demand, according to its latest earnings. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl Follow along with Yahoo Finance's recent coverage of Disney and its latest earnings print and theme park division: Disney CFO on theme park slowdown: Consumers are watching their pennies moreMaking a Disney vacation a bit more affordableDisney earnings 'a mixed bag' on streaming, parks: AnalystDisney struggling to align its businesses for growth: AnalystDisney earnings: Streaming unit turns first profit while parks business lags2 reasons why Disney's CFO isn't too worried about the parks