Core Insights - Disneyland Paris has opened the "World of Frozen," a new immersive land themed around the "Frozen" franchise, as part of a €2 billion ($2.18 billion) transformation of the park [1][2] - This expansion marks the largest in the 34-year history of Disneyland Paris and is part of a broader $60 billion global investment in Disney's parks, resorts, and cruise lines [2] Company Developments - Josh D'Amaro, the new CEO of Disney, made his first major international appearance at the opening, having taken over just 11 days prior [3] - The parks-and-experiences segment generated approximately 57% of Disney's $17.5 billion in operating income last year, highlighting its significance to the company's overall performance [3] Economic Impact - French President Emmanuel Macron attended the inauguration, emphasizing Disneyland Paris as a national economic asset and stating that the expansion will create 1,000 new direct jobs [6] - Since its inception, Disneyland Paris has seen €13 billion in investments and now employs over 20,000 people, supporting a total of 70,000 jobs [7] Cultural Significance - The "World of Frozen" draws from European folklore, with "Frozen" inspired by Hans Christian Andersen's "The Snow Queen" and the new Tangled ride based on the Brothers Grimm's Rapunzel [9][10] - The land features a lagoon, timber buildings in Scandinavian pastels, and attractions like the "Frozen Ever After" boat ride, showcasing advanced animatronics and immersive experiences [11][12] Future Developments - The rebranded park will include a new lake, a Tangled family ride, 15 dining locations, and a nighttime show featuring over 380 drones, with plans for a Lion King land under construction [12][13] - More than 90% of the park's offerings will be redesigned, effectively doubling its footprint upon completion of the transformation [13]