Disney Has No Theme Park Plans for the "Foreseeable Future"

By Jocelynn Drake
17 September 2007 @ 04:11 pm EDT

Thomas Staggs, Chief Financial Officer of Walt Disney , announced a bit of sad news for all lovers of the Mouse and theme parks today. Staggs confirmed that there were no plans by the company to develop another major theme park in the United States in the "foreseeable future." Speaking at the Merrill Lynch Media Fall conference in New York, Staggs said the creation of such a park was not yet a top priority for the company. So, if the company's not planning new theme parks, what are they up to?

Copyright Schaeffer's Investment Research

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