Put me on the pixie dust list then b/c it appears Disney is also heavily investing in their parks. I would say for this year and next, there is about equal levels of new stuff.
At the highest level, Disney opened a new area in "Norway" & refreshed the ride, Upgraded to digital projection, added a theatre and added a new film to Soarin', opened a new track to TSMM, Added star wars nighttime show, added new MK stage show, doubled the size of Disney Springs.
Universal added Kong, refreshed Hulk, changed up some restaurants at Citywalk
Disney will open Pandora next year, and crossing fingers for Rivers of Light. Typhoon Lagoon will get a new ride
Universal will close Wet n Wild and open Volcano Bay, and Jimmy Fallon ride will open
The long term potential for both companies is fantastic.