Posted Thursday, November 3, 2005 10:14 AM | Contributed by Jeff
For the first time, a government minister gave a detailed breakdown of the HK$25 billion (about $3.2 billion USD) it has spent so far to get the Disneyland Hong Kong theme park up and running, and then startled lawmakers by saying the government might ultimately sell its share.
Read more from The Standard.
Damn, not enough loose change to buy it. I'm about $3,199,999,999 short. Ah well.
okay, looked up the actual numbers now... Disney put up just over 300 million to the Government's 3+ billion, roughly 1/10th the money, yet owns 43% of the park, and gets a "5-10% licensing fee" for characters
5-10% of what, I'm not sure.
You must be logged in to post