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Stock impact report

Disneyland gets final approval for ‘biggest thing' since its opening [CNN]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: CNN
Disney's original resort in California, which comprises a shopping district, parking areas and two theme parks, is about 550 acres, which is less than 2% of the size of Walt Disney World in Florida. But with newly approved “multi-use” zoning, Disney can now expand its theme parks in Anaheim without acquiring any new land, by building attractions where the company could previously only build hotels or parking lots. This paves the way for a multi-decade project to expand both of its theme parks there: Disneyland and Disney California Adventure. “For nearly seven decades, Disneyland Resort has made a unique, irreplaceable impact on hundreds of millions of guests from around the world. How exciting to know our best days are still ahead – I can't wait to show you what's to come,” Disneyland Resort President Ken Potrock said in a statement Tuesday night. Ad Feedback The project, dubbed “DisneylandForward,” does not require any public funding. While no specific designs have been sha Show less Read more
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