Darkbeer
08-15-2002, 04:24 PM
http://www.orlandoweekly.com/news/eyedrive
(Note - the Orlando Weekly links usually only last about a week before they disappear, so you might want to save the article if you really like it)
Article titled - "Global grudge match"
Question: Why did Disney seemingly go out of its way last month to upset Hong Kong government officials -- who are, after all, the Mouse's financial partners in the Hong Kong Disneyland project -- by announcing plans to build a second theme park in mainland China?
Answer: Because once again the Mouse is playing catch-up with Universal Studios
The article talks about Universal's success in Japan, and how they are planning to expand in China, and not just Shanghai, but also Beijing (The Olympics will be held there in 2008), plus Malaysia, Central America and Australia.
Now the current cash flow problems with Vivendi are a problem, but the actual Universal division is doing just fine, and had a good first six months based on the financial reports just released, if they could be split up from Vivendi (Heck, Barry Diller is no fool, I think he could do some very interesting things if he took over control of the entire Universal company and assets).
Another good article by Jim Hill......:)
(Note - the Orlando Weekly links usually only last about a week before they disappear, so you might want to save the article if you really like it)
Article titled - "Global grudge match"
Question: Why did Disney seemingly go out of its way last month to upset Hong Kong government officials -- who are, after all, the Mouse's financial partners in the Hong Kong Disneyland project -- by announcing plans to build a second theme park in mainland China?
Answer: Because once again the Mouse is playing catch-up with Universal Studios
The article talks about Universal's success in Japan, and how they are planning to expand in China, and not just Shanghai, but also Beijing (The Olympics will be held there in 2008), plus Malaysia, Central America and Australia.
Now the current cash flow problems with Vivendi are a problem, but the actual Universal division is doing just fine, and had a good first six months based on the financial reports just released, if they could be split up from Vivendi (Heck, Barry Diller is no fool, I think he could do some very interesting things if he took over control of the entire Universal company and assets).
Another good article by Jim Hill......:)