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Euro Disney, the company that operates the Disney Land Resort Paris, is facing more pressure from creditors as its debt continues to mount at the end of a year that saw a decrease in park attendance. Rumours run rampant at the park regarding layoffs and even a possible closure of the park.
Read more from The Daily Press.
Building a half a park as a second gated attraction, and a poor one at that, was not the answer to their troubles.
9/11 was part of the problem but it isn't the entire problem. There is a complexity to this park, heck books have been written on it. In the age of give me results yesterday I don't think anything they do will satisfy creditors.
Hopefully they'll be able to dodge the bullet once again, but it may be time for Disney to consider unloading this property to someone like the OLC who has the deep pockets to pump the big bucks into DLP and turn the place around.
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