Robert Besser
25 May 2023, 20:58 GMT+10
BURBANK, California: Walt Disney Co. has said it will prioritize building theme parks and cruise ships, rather than miniparks in the US.
Responding to a question on whether the company will follow Universal's move and build small parks, Disney parks chief Josh D'Amaro said, "Focusing on our core assets is where we should be spending most of our opportunity," as quoted by Reuters.
Due to the ongoing legal dispute between Disney and Florida Governor Ron DeSantis, other US states have expressed interest in possible investments from the media giant.
"My home state would happily accept Disney's theme park jobs and investment if you want to leave Florida," tweeted Former South Carolina governor Nikki Haley last month.
Earlier this month, Disney cancelled plans to build a $1 billion corporate campus in Florida, which would have housed 2,000 employees.
The company has sued potential Republican presidential nominee DeSantis, claiming he is "weaponizing" the state government in retaliation for its criticism of a Florida law banning classroom discussion of gender identity with younger children.
However, D'Amaro said that the political issues have not affected Disney's business results, adding that Disney might open a theme park in the city state of Singapore, the home port for its new cruise ship.
Running a cruise ship in Singapore "gives you some indication of how guests are receiving the brand and what the opportunities might be, going forward," he said.
Get a daily dose of Los Angeles Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Los Angeles Herald.
More InformationWASHINGTON DC - In a major blow to U.S. President Joe Biden, less that a year out from the November ...
TOKYO, Japan: This week, the U.S. Air Force said that divers have discovered the wreckage and the remains of five ...
VANDENBERG, California: South Korea successfully launched its inaugural military spy satellite, following North Korea's recent claim of deploying its own ...
JAKARTA, Indonesia: The death toll from the eruption of Indonesia's Marapi volcano surged to 22 as rescuers discovered additional climbers ...
In September, Tamir Pardo, who headed the Mossad, Israel's national intelligence agency, under Prime Minister Benjamin Netanyahu from 2011 to ...
HONOLULU, Hawaii: U.S. Navy officials say that it would cost some $1.5 million to salvage a P-8A jet plane that ...
VANDENBERG, California: South Korea successfully launched its inaugural military spy satellite, following North Korea's recent claim of deploying its own ...
SEATTLE, Washington: The Seattle Times reported that thousands of households were without power in the greater Seattle area on the ...
Hunter Biden faces nine tax-related counts totaling at least $1.4 million, which could potentially land him in jail for 17 ...
(Photo credit: Kiyoshi Mio-USA TODAY Sports) When Los Angeles FC travel to oppose the Columbus Crew in the MLS Cup ...
(Photo credit: Brian Bradshaw Sevald-USA TODAY Sports) Mikael Granlund scored 37 seconds into overtime to give the San Jose Sharks ...
(Photo credit: Tori Lynn Schneider/Tallahassee Democrat / USA TODAY NETWORK) Sophomore Kiki Rice produced her first career triple-double as No. ...