The Mouse family is digging into the purse

Disney announced on Tuesday that it would be nearly doubling its planned investment in its parks and cruise business to roughly $60 billion over the next ten years.

And if you said – with that kind of money they could create a small world after all, you wouldn’t technically be wrong. A few of the expansion possibilities, per Disney:

• Wakanda from the Black Panther franchise could be “brought to life” (one small world✅).
• Frozen and Zootopia could have a presence at Disneyland Resort (two more small worlds✅).
• The company also plans to roll out more cruise ships, and establish a new home port in Singapore (helping to make a big world smaller✅).

📸 Big picture: Disney’s announcement underscores a large and ongoing shift in its business model, which for years has relied primarily on income from its traditional cable TV business to subsidize costly bets like the 2019 launch of Disney+, the WSJ reports.

But things have changed. For the last three quarters, operating income from Disney’s parks division has exceeded that of its so-called linear TV business by hundreds of millions of dollars – which could signal a lasting shift in the balance between the two divisions, per the WSJ, and is probably a big reason why Disney is exploring a sale of ABC and its affiliates (including FX and National Geographic).