Walt Disney Company's new theme park resort in Abu Dhabi

Walt Disney Company announces development of new theme park resort in Abu Dhabi, marking its entry into the Middle East. The resort will be Disney's seventh global destination, with plans for one theme park and multiple hotels. The project is a collaboration with Miral, an Abu Dhabi company, and is set to open in the early 2030s. The resort will be technologically advanced, featuring a unique castle design and immersive gaming experiences.

Impact of Rising Prices on Attendance at Walt Disney Theme Parks

Executives at Walt Disney Company are concerned about rising prices at theme parks, leading to a decline in return visits. The price of a four-day stay has increased by $1000 between 2019 and 2024, with most of the rise coming from new charges for once-free services. This has dampened fan enthusiasm and attendance growth.

Walt Disney Company's Partnership in India

The Walt Disney Company is partnering with Asia's richest man, Mukesh Ambani, to create a new media giant in India worth $8.5 billion. The venture aims to reach over 750 million people and recapture viewers lost to Ambani's company. Disney's move in India comes amidst struggles in the U.S., with stagnant subscriber growth for Disney+ and financial troubles.