There are quite a few plans in the works for Disney that will be happening in the next few years.
![](https://allears.net/wp-content/uploads/2023/04/2023-disney-shareholder-meeting-CEO-bob-iger-8.png)
We’ve heard Bob Iger share his thoughts on some major changes that are coming to the structure of the company and what’s being done to help get Disney back on track financially. But with the announcements made previously about spending $60 billion on the parks over the next 10 years, there’s a problem that Disney could be faced with before that time is up!
Let’s set the stage by going back a bit. If you remember, back in September, Disney announced plans to spend $60 billion on parks, experiences, and products in the next 10 years (keep “in the next 10 years in mind”). This is going to be double what was spent in the past decade. This was a welcome announcement to the fans who had been concerned that there has been a lack of investment into the parks division, especially when comparing Disney with Universal and all the effort and money they’re investing in their parks currently.
![](https://allears.net/wp-content/uploads/2023/11/2023-WDW-Magic-Kingdom-Thanksgiving-Crowds-Atmo-08-700x525.jpg)
In our next update regarding the $60 billion announcement, we heard Iger share that they would “strengthen Disney’s position as the world entertainment company.” Also, Kevin Lansberry, Interim CFO, added that there are plans for the “next 10 years to turbocharge growth.”
![](https://allears.net/wp-content/uploads/2023/12/wdw-2023-epcot-spaceship-earth-atmosphere-stock-700x525.jpg)
Then we were hit with not-so-exciting news. Lansberry added, “We expect those investments to ramp up towards the back half of that 10-year period with more gradual increases in the first few years” which left us speculating that we won’t be seeing any real updates to the parks for at least 5 years.
![](https://allears.net/wp-content/uploads/2023/11/Kevin-Lansberry-The-Walt-Disney-Company-627x625.png)
We can understand the company planning to grow, but we’re scratching our heads as to why they’re not planning to do that until the end of the 10-year period they indicated. This is more confusing when considering the recent interview that Iger had.
![](https://allears.net/wp-content/uploads/2022/05/2022-Bob-Iger-Photo-Reuters-700x465.png)
Yahoo reports that during the New York Times Dealbook Conference, Iger was interviewed on a variety of topics. During that interview, Iger shared that he will “definitely” be stepping down as the company’s CEO when his current contract ends in 2026.
![](https://allears.net/wp-content/uploads/2023/04/bob-iger-time-magazine-influential-people.png)
Ok, so we know he then shared that the process for choosing his successor is robust, but we can’t help but notice that 2026 is coming up a lot faster than when Disney is planning on ramping up their investments in the parks.
Disney CEO Bob Iger says succession process is "robust" right now.
— Alex Sherman (@sherman4949) November 29, 2023
We can’t help remembering that one of the biggest purposes for Iger to take back the reigns of the company was to undo many of the decisions of his previous successor, Bob Chapek. So you can understand why we would be concerned about Iger leaving before these expansion plans come to fruition.
![](https://allears.net/wp-content/uploads/2023/04/burbank-walt-disney-company-stock-image-700x353.png)
We’re sure that Disney is already thinking about that, so we’ll have to just wait and see what comes next.
Stay tuned to AllEars for the latest news and updates on The Walt Disney Company.
Bob Iger Shares What’s Next for Disney — Click Here to Learn More!
Join the AllEars.net Newsletter to stay on top of ALL the breaking Disney News! You'll also get access to AllEars tips, reviews, trivia, and MORE! Click here to Subscribe!
![Click below to subscribe](http://allears.net/wp-content/uploads/2019/02/free-list-lead-graphic.png)
What are your thoughts on this potential problem Disney will face with their huge expansion? Let us know in the comments!
Trending Now
A ride will close soon in Universal.
Let's have a look at Disney World's Controversial Hotel announcement!
It's never to early to shop for Disney advent calendars!
A reliable park bag is ESSENTIAL in Disney World and we've got four from Amazon...
Some new nonstop flights are available to MCO!
Did you know Walt Disney World offers FOUR pet-friendly hotels?
We officially know the pricing for the new Lightning Lane Multi Pass and Lightning Lane...
These Haunted Mansion souvenirs are perfect for Foolish Mortals who wish to spend more time...
We know what you'll be doing the next time you're in line for the Haunted...
Looking for the perfect pants for your next Disney parks trip? Look no further --...
This might be the WORST decision you can make on Guardians of the Galaxy: Cosmic...
There's one ride you should always rope drop in EPCOT.
Not only is this sipper coming next month, but it might be a hint that...
Sports lovers will want to head to McDonald's now!
We've got a BIG Disney Cruise Line update for you about one of the upcoming...
Breaking this Disney World rule could be painful and ruin your vacation.
We tried out Disney World's new Lightning Lane skip-the-line service today and WOW were we...
Switch up your watch list with these kid-friendly finds on Disney+!
Did the standby wait times CHANGE following a MAJOR Disney World update on July 24th?...
A brand new mug -- along with two new drinks -- has been added to...