Disney had to compromise with Chinese government for Shanghai park

Posted Tuesday, June 14, 2016 9:10 AM | Contributed by Jeff

Disney had pushed China too hard, putting the company’s plans for a new theme park here in limbo. Now, Robert A. Iger wanted to kick the yearslong negotiations into high gear. Mr. Iger, Disney’s chief executive, took a corporate jet to Shanghai in February 2008 to meet with the city’s new Communist Party boss, Yu Zhengsheng. Over dinner at a state guesthouse, Mr. Iger offered a more conciliatory approach, setting the tone for the next phase of talks.

Read more from The New York Times.

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Tuesday, June 14, 2016 9:19 AM

This story is familiar, as it has been told many times in the context of tech companies looking to expand into China (they reference that phenomenon in this article). The compromises they make suck when you look at it from a purely philosophical view, but on the flip side, money has a certain way of softening nations that suffer from human rights issues, authoritarian governments and such. It's just a slow process.

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