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The
business had, however, rebounded strongly to become the media
conglomerate's main profit engine and also helped cushion losses
in its Disney+ streaming business, but is lately showing signs
of a slowdown in footfall.
Disney CEO Bob Iger said in August during the third-quarter
earnings conference call that the California-based company had
seen "softer performance" at Walt Disney World, a part of its
parks business, in Orlando.
Although, Iger described the parks as "a tremendous business"
and said Walt Disney World was still performing well above
pre-pandemic levels.
The company last month said it would nearly double its capital
expenditure for its parks business to about $60 billion over the
next 10 years.
Beginning Oct. 24, Disney will offer children's tickets at
Disneyland Resort theme parks for as low as $50 for a day, which
will be valid for use between Jan. 8 and March 10 next year, the
company said in a blog post.
Walt Disney World will also introduce a package offer on Nov. 14
for families with discounted children's tickets for theme parks
and dining plans, which can be used from March 3 through June 30
next year.
The offers are valid only for children aged 3 to 9.
(Reporting by Akash Sriram and Samrhitha Arunasalam in Bengaluru;
Editing by Shinjini Ganguli)
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