Disney to Invest $17B in Florida Parks After Development Deal

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Source: ABC News
Disney to Invest $17B in Florida Parks After Development Deal
Photo: ABC News
TL;DR Summary

Disney and Florida Gov. Ron DeSantis' appointees have approved a development agreement that could see Disney invest $17 billion into its Florida properties, including a potential fifth major theme park. This follows a settlement ending their legal disputes over oversight of the Disney World district. The agreement includes commitments to local business initiatives, housing projects, and environmental protections, with final approval expected in June.

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