Golden State Today

Disney is making it clear that California is its home because we provide the welcoming and supportive environment where businesses want to expand and create more jobs. We look forward to cultivating more Disney magic and building opportunities for all as this investment drives billions of dollars in revenue for our state and local communities." Governor Gavin Newsom expressed this sentiment following the Anaheim City Council's unanimous vote in favor of the Walt Disney Company's $1.9 billion DisneylandForward plan.

The DisneylandForward project is expected to generate $1.9 billion in economic output and create over 7,800 jobs through new construction in California. Annually, the plan will generate $508 million and employ over 3,600 workers through operation.

Last year, Governor Newsom met with Bob Iger, CEO of the Walt Disney Company, celebrated Disneyland’s first-ever pride night, and received a briefing on the DisneylandForward plan and their investment in the region for decades to come.

In May 2023, the Governor praised the Walt Disney Company's decision to keep good-paying jobs in California instead of building a nearly $1 billion office complex in Florida.

California's economy is the 5th largest in the world and boasts the most equitable tax system in the entire country. The state ranks number one in the nation for new business starts, access to venture capital funding, and tourism spending.