Disney Is Spending $60 Billion on Experiences: History Says It's the Right Move That Will Pay Off Years From Now.

Investors certainly know Walt Disney (NYSE: DIS) as the media and entertainment powerhouse that owns popular cable networks including ABC, The Disney Channel, FX, and ESPN. The business also has a budding streaming division that is starting to report positive operating income.But in fiscal 2024, 37% of the company's revenue came from the experiences segment, which encompasses Disney's theme parks, cruise ships, and consumer products. It's a key part of the flywheel that helps the brand connect with consumers across the globe.Management has announced a massive $60 billion investment, double the original plan, for the experiences division over the next decade. That's definitely a large sum of cash, but history says it's the right move that will pay off for the House of Mouse.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool