Monday, November 10, 2014

About last week rumor saying Disney is buying land to build a theme park on India East coast

About last week rumor saying Disney is buying land to build a theme park on India East coast: following the articles in the Indian press Disney released this statement:

"“Disney has no immediate plans to open a theme park in India. We continually look for opportunities to grow our business and while India is an attractive market, we currently have no plans for a theme park here. Disney India continues to build its brands through four core businesses, namely Media Networks (one of the largest TV networks with eight popular channels targeting kids, youth and families), Interactive (one of the leading players in the digital and games segment), Studios (one of the leading film producers and distributors in the country) and Consumer Products (one of the most prominent players in the Merchandising and Licensing industry). Our businesses are dedicated to creatively developing, marketing and distributing the best branded entertainment for Indian consumers across ages”, said a statement from the company."

So, what you've read from the Indian press in my article was probably either wishful thinking from Andhra Pradesh state or someone trying to inflate land values by saying a big investor (Disney) is coming to town. So far we can consider that Disney has no theme park plans for India... for now.

1 comment:

Mark Hickson said...

They might do a DVC resort!