Disney to invest nearly $60bn in theme parks and cruises over 10 years

The Disney Parks, Experiences and Products segment continues to do well for the company and it is investing further in parks and cruises (Alamy/PA)

The Walt Disney Co is planning to invest approximately $60bn (€56bn) into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments.

The company said in a regulatory filing on Tuesday that the planned investment is nearly double what it spent in the previous 10-year period.