Shanghai Disney Theme Park Proceeding

[The Interpreter]

http://www.tradingmarkets.com/.site/news/S...20News/2037371/

[CoastersRZ]

Very interesting article. A little surprising that Disney would be embarking on a new park in Shanghai. But if they get the right financial package, I suppose they could see significant growth and revenues from that area of the world. Especially if they launch a Chinese version of the Disney Channel.

[G-Force]

Hmm... intresting but will it prevail unlike the Universal projects in Dubai that appear to be going nowhere?

[The Interpreter]

Where'd you get that idea?

Universal is on track there...

http://www.ameinfo.com/175527.html

[JAHill]

I was about to say that, too.

They are well underway and want to attract nearly 5 million anually when completion will occur in 2010. (Of course, I may have misread the articles.)

[G-Force]

Yet that article only states the Universal is among the projects being constructed in Dubai. No word on construction progress has yet been noted. Terpy, check-mate!

[The Interpreter]

See also:

http://www.thrillnetwork.com/stories_view...._literally.html

[The Interpreter]

Shanghai Disney Park 'Certain To Go Ahead'"

http://www.china.org.cn/business/highlight...nt_16800070.htm

[The Interpreter]

See also:

http://www.homesgofast.com/view_news/1075/

[The Interpreter]

Despite Chinese Newspaper Report, Disney Says No Agreement On Shanghai Theme Park:

http://money.cnn.com/news/newsfeeds/articl...04_FORTUNE5.htm

[The Interpreter]

Agreement reached:

http://www.orlandosentinel.com/services/ne...0,2671682.story

[The Interpreter]

Disney's Shanghai Surprise:

http://www.fool.com/investing/general/2009...i-surprise.aspx

[Avatar]

This writer left out the main reason why Disney wants a park in Shanghai, think about it why would Disney want a to be in China while others are running to Dubai for similar deals.

China has a billion citizens with increasing mobilities and disposable incomes.

They want their brand to resonate with the population and if it does they will have hit the Jackpot big. The money they put into Shanghai will me mere pitons to the potential revenue they may receive from China, in other words the risk is a golden opportunity.

[The Interpreter]

China reaches initial deal with Disney:

http://www.timesoftheinternet.com/38559.html

[The Interpreter]

More:

http://www.voanews.com/english/2009-01-19-voa7.cfm

[CoastersRZ]

With Disney owning 43% of the project, I wonder exactly how much capital that Disney is posting for the $3.5 billion project. It might actually be less than 43% of that total project cost since Disney is supplying their licenses as well as design expertise at designing such a park. But we likely will never know the exact financial agreement reached between Disney and the Shanghai government.

[The Interpreter]

No Agreement Yet, Disney Optimistic:

http://www.bloomberg.com/apps/news?pid=206...&refer=asia

[The Interpreter]

Walt Disney Co intends to submit a plan for a Shanghai theme park to Chinese government officials, the company said Friday:

http://www.nanyang100.com/asia_pacific/3417.html

[The Interpreter]

Disneyland Still On The Cards:

http://www.shanghaidaily.com/sp/article/20...icle_393483.htm

[The Interpreter]

Disney Puts China Expansion On Hold:

http://www.reuters.com/article/industryNew...E52G0I120090317

[The Interpreter]

Disney wins China Approval For Shanghai Theme Park:

http://www.bloomberg.com/apps/news?pid=206...id=a9EPn6rPt8Sg