Disney to Invest $17B in Florida Parks After Development Plan Approved

Disney and Florida Governor Ron DeSantis' appointees have reached an agreement to end their legal disputes, paving the way for Disney to invest up to $17 billion in its Florida resort, including the potential development of a fifth major theme park. The agreement, which requires final approval, includes Disney donating land for infrastructure projects and investing in affordable housing, while also expanding hotel and retail spaces. This settlement follows a contentious period sparked by Disney's opposition to a Florida law restricting classroom discussions on sexual orientation and gender identity.