Shanghai Disney Resort is officially open

Posted Friday, June 17, 2016 10:01 AM | Contributed by Jeff

Under stormy skies, Disney opened a bright and shiny $5.5 billion theme park here Thursday, a bet on the increased spending power of the Communist country’s growing middle class. Disney’s President and CEO Bob Iger and senior Chinese politicians cut the red ribbon just after 11 a.m. local time in a short ceremony in front of the enchanted castle.

Read more and see video from USA Today.

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Friday, June 17, 2016 1:36 PM

5.5 billion, with more soon on the way. I just can't wrap my head around that.

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Friday, June 17, 2016 6:47 PM
janfrederick's avatar

Neither can the Disney geeks. ;)


"I go out at 3 o' clock for a quart of milk and come home to my son treating his body like an amusement park!" - Estelle Costanza
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Friday, June 17, 2016 6:49 PM
99er's avatar

Its about damn time! Now most of my friends can come home so I have someone to drink with again.

Seriously though...that's a LOT of money.


-Chris
Remember, if you're arguing on the internet, you've already lost.
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Friday, June 17, 2016 7:36 PM
kpjb's avatar

RCMAC said:

5.5 billion, with more soon on the way. I just can't wrap my head around that.

Probably easier if you break it down... 1 billion: infrastructure. 2 billion: rides. 2.5 billion: magic band IT.


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