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Disney Current Events
Topic: Another rumor surfaces about Shanghai Disneyland

#AuthorMessage
1
SuperDry
Thu 2/21/2008 11:10p
I don't know how much confidence to put into this story, but it's out there nonetheless:

http://tinyurl.com/34mlzn
2
jonvn
Fri 2/22/2008 1:09a
Turning into mcdonalds.
3
FerretAfros
Sun 2/24/2008 10:08a
It's not going to happen, at least any time soon. I think they learned their lesson with HKDL, and they will most likely wait until that park has a healthy attraction count and healthy attendance before they even consider opening another park that would share the same primary demographic.
4
Sport Goofy
Sun 2/24/2008 12:36p
<< I think they learned their lesson with HKDL >>

I doubt it. There's too many high paid consultants out there telling ever U.S. company that they need to get a foothold in China. Disney isn't immune to getting the consultant pitch on these things.

Personally, I think China is over-hyped and doesn't have the ability to develop a middle class like the U.S.
5
dshyates
Tue 2/26/2008 12:34p
When moneywatch says Disney is awaiting approval from the Chinese government. Thats not a rumor. Whether they get approval is another thing. I have heard that the underperformance of the HKDL resort has soured Chinas enthusiasm.
6
SuperDry
Fri 3/7/2008 2:44p
Yet more in the news today about Shanghai Disney:

http://biz.yahoo.com/ap/080307
/china_shanghai_disneyland.html?.v=1

7
mickeyboy43
Thu 3/20/2008 7:12p
No no no no no. Disney needs to expand its rides at HKDL and at its present parks before it tries to literally EXPLODE on the Chinese Scene. China does have the ability to develop a middle class, but only after another decade or so of lower class labor. This is the same thing that happened in England and in the United States during the Industrial Revolution, and it too will happen in China. IT just takes time.

But still, no more Asian DL's for awhile. Foreign Disney props are pretty hit or miss, exemplified by DLP and HKDL. Sometimes they work (TDL) and sometimes they dont (the aforementioned).
8
davewasbaloo
Sat 3/22/2008 2:27a
mickeyboy43. I wouldn't call DLP a miss, it has been consistantly the most popular attraction in Europe over at least a decade, it is creatively seen as the most beautiful MK park, it is in the top attended parks globally, and it has had a record year.

The problem was timing (it opened in Europe's worst recession of 40 years) and the debts toppled on top.
9
davewasbaloo
Sat 3/22/2008 2:29a
And our family would rather go to DLP than WDW!!!
10
SuperDry
Sun 3/23/2008 2:12a
<<< China does have the ability to develop a middle class, but only after another decade or so of lower class labor. >>>

China is rapidly gaining a middle class. While low in percentage terms as compared to the G7 nations, there are so many people to start with that the middle class in China has quite a good number of people in it. I don't think it's at all too early in China's economic development to support a Disney-type resort. Rather, the questions are, will such a resort based on Disney properties be successful in a nation where the population is not very familiar with the (non-Pixar) Disney characters? This is where having things like a Chinese-language Disney channel will be important. And, can Disney come to terms with the government over the proper sharing of management, ownership, and financial investment. They seemed dead set against having another situation like Japan where they just license the Disney properties and oversee operations, but let a local company own and manage the resort, yet at the same time Hong Kong shows that while they still want ownership and control, they'd prefer not to actually put up a sufficient amount of cash to make it successful.
All times are Pacific Time (US)

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