"Disney's $60 Billion Investment: Major Park Expansions Revealed"

Disney unveils plans for a major expansion at Magic Kingdom, part of a $60 billion investment in its parks, cruises, and experiences over the next decade. The expansion, about the size of Star Wars Galaxy’s Edge, is in the concept design phase, with no specific themes or completion date announced. Disney CEO Bob Iger emphasizes the need for flexibility in allocating the investment, while addressing criticism about Universal Orlando Resort's upcoming theme park. Additionally, Disney showcases new technology and advanced Audio-Animatronics, including the development of a new ride based on "The Princess and the Frog" and a possible new destination at Disneyland based on the "Avatar" movies.