Disney Expected To Announce New Theme Park

BusinessHollywood & EntertainmentDisney Expected To Announce New Theme ParkByCaroline Reid,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Caroline Reid covers the entertainment industryFollow AuthorJun 14, 2026, 08:00am EDTShanghai Disneyland Resort may be announcing a second theme park as part of its 10th anniversary celebrations.MSMDisney is tipped to imminently announce that it is developing a new theme park as part of a $60 billion investment in its Experiences division which generates the majority of its operating income.It is widely expected that the park will be built in Shanghai alongside its existing fairytale-themed outpost there and the announcement could come as early as next week.Tomorrow the resort will begin two days of celebrations to mark its tenth anniversary with Disney's chief executive Josh D'Amaro flying in for the festivities. The invitation received by this author doesn't refer to an announcement and simply invites media to "join us to celebrate ten years of making magic together." However, there will be plenty of opportunity for an announcement to be made.The festivities will begin tomorrow afternoon with a media session which will showcase highlights from the past decade at the resort and provide the updates about the latest developments, according to the organizers. The media event will be followed by a red-carpet celebration with the highlight taking place in the evening in front of the park's soaring Enchanted Storybook Castle. It will be the backdrop for live performances by Disney characters and an anniversary fireworks celebration.The party will continue on Tuesday morning with a special birthday moment for park guests in front of the castle which is the tallest in any Disney park and the only one to contain a boat ride. That's far from the only difference with its counterparts around the world.Disney's former chief executive Bob Iger famously descri...