Bob Iger, CEO of Walt Disney Co., addressed shareholders during the annual meeting, responding to criticism about expensive and crowded theme parks at Disney World. Iger acknowledged the parks are busy but stated that capacity is expanding with new attractions being developed. He emphasized the importance of making the Disney experience enjoyable and accessible for families. To keep parks accessible, Disney offers discounted tickets for Florida residents and has tripled the number of lower priced ticket days. Iger mentioned that Disney is mainly focused on expanding in current locations rather than building new international theme parks. He also hinted at the possibility of creating short-form videos or a series featuring popular character Figment. Shareholders rejected proposals related to LGBT rights and climate change. Despite the challenges, Disney remains committed to creating magical experiences for guests and is constantly innovating to improve the visitor experience. Iger also highlighted opportunities for expansion in the cruise business, catering to Disney fans worldwide. Overall, Disney is dedicated to providing exceptional experiences for families while addressing concerns about prices and park overcrowding.
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