Experiences hits a record $10 billion in operating income and the parks chief becomes CEO — the core business of a content company has changed

A 'city-running business' with 17 million annual guests and 36,000 employees poses the question: can K-content turn viewers into visitors — and build a 'K-Culture Land'?

The core business of Disney, a content company, is no longer the screen — it is physical space. The Walt Disney Company's Experiences segment surpassed $10 billion in operating income in fiscal 2025 for the first time in the company's history, and in February 2026, Josh D'Amaro, the executive who has led that segment, was named successor to CEO Bob Iger.

“최고의 하루는 아무도 내가 있었는지 모르는 날”…디즈니가 71년째 파는 것은 ‘운영’이다
디즈니 체험 부문 영업이익 100억 달러 돌파와 파크 총괄의 CEO 승계로 본업을 스크린에서 공간으로 이동. 71년 만에 방문객 10억 명을 넘긴 디즈니랜드의 힘은 IP가 아니라 ‘작은 도시‘를 굴리는 운영 역량. 시청을 방문으로 이어온 K-콘텐츠의 다음 과제는 ‘보는 사람‘을 다시 찾는 ‘오는 사람‘으로 바꿀 상시 운영 인프라, 곧 ‘엔터테크 공진화’
K-EnterTech HubJung Han
Korean Version

Not a studio chief, not a streaming executive — a theme park leader now sits atop the content empire. Disney has committed $60 billion to parks and cruise investment over the next decade. The judgment that offline experience is the final monetization stage of content IP has now been confirmed in both succession and capital allocation.