"Disney Dismisses Idea Of Building Miniparks In U.S." - Reuters News
Portfolio Pulse from Benzinga Newsdesk
Disney has dismissed the idea of building miniparks in the US, focusing instead on major theme parks and cruise ships. The company's ongoing legal dispute with Florida Governor Ron DeSantis has not impacted its business results, according to Disney parks chief Josh D'Amaro.
May 22, 2023 | 4:24 pm
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Disney dismisses the idea of building miniparks in the US, focusing on major theme parks and cruise ships. Legal dispute with Florida Governor has not impacted business results.
Disney's decision to focus on major theme parks and cruise ships instead of miniparks is a strategic choice that may not have a significant short-term impact on its stock price. The ongoing legal dispute with Florida Governor Ron DeSantis has not affected the company's business results, which also suggests a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100