ANAHEIM: Walt Disney Experiences Chairman Josh D’Amaro laid out an ambitious growth plan for the company’s theme parks on Saturday at the D23 fan conv...
People gather ahead of the “Festival of Fantasy” parade at the Walt Disney World Magic Kingdom theme park in Orlando - REUTERSpix
California Adventure will also add a new ‘Avatar’ experience at the California Adventure, based on the second film in the science fiction franchise, “Avatar: The Way of Water”, it said. Actor Billy Crystal took the stage to announce an area at Disney’s Hollywood Studios dedicated to the Pixar film, “Monsters, Inc”. The area, known as a land in Disney theme park parlance, will feature a suspended roller coaster designed to simulate zooming through the door vault at the Laugh Factory, just like characters Mike and Sulley in the film.
These announcements reveal how the company will begin $60 billion in capital investments, nearly doubling spending over the next decade to improve attractions at its 12 parks and increase cruise line capacity. D’Amaro was joined onstage by the company’s creative leads to discuss Disney’s collaboration with video-game maker Epic Games. The company invested $1.5 billion in Epic earlier this year, giving Disney an equity stake in the creator of Fortnite and Unreal Engine.
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