Warner Bros. to build $4 billion theme park in Korea

$4 billion? Sounds like it's going to be one hell of a park.

Wow, who would have thought that the "American" studios wanted to invest into the theme park business in every other country except the United States

I wonder if there will be time when Paramount and Warner will return to the US theme park business? They can probably snag some SF properties on the cheap. *** This post was edited by DBJ 2/15/2008 1:32:45 PM ***

3.63 million square meters??!?!

HOLY BEJEEZUS!!

Just to put that in perspective, that's approx. 1.5 square miles, about 3 times the size of King's Island or Cedar Point.

*** This post was edited by Super Loopy 2/15/2008 1:49:44 PM ***

I doubt the park will be that big, that is just the size of the land they have available.

Yeah and I see them actually turning a profit on this park in a country who's GDP is far higher than it's inports.

Chuck

I thought that paramount wanted out of the theme park buisness?

This isn't Paramount. It's Warner Brothers.

I'm fairly sure the Paramount park is a liscencing deal and that Paramount itself isn't the one building the park.

I like Korea.

As the article mentioned, Paramount announced a park previously for Seoul. We posted news about it here, too.

I like Korea too... Its turning into the next "coaster destination" with all this! I guess Lotte World and Everland will keep on building great stuff just to keep up!

Warner Brothers... does that mean we could finally see a DC Comics area on the IOA or Disney level?

Ghah! for 4 bill they could just buy Six Flags back!

^They could buy back Six Flags back twice and probably make some improvements at some of the parks with that kind of money.

Interesting. The last time I was at Universal Studios Hollywood, I remember looking down the hill at the Warner Studios wondering when and if they'd ever get into the theme park biz.

So who's left? 20th Century Fox? ;)

But come to think of it, there was Movie world. Duh!

*** This post was edited by janfrederick 2/18/2008 12:35:38 PM ***

Warner Bros. had a 50% stake in their Australian parks. Time Warner also obviously owned Six Flags in the 90s. And when the Spain park was built Warner Bros. had somewhere around 6-11% of ownership I believe. They sold their stake in the Australian parks a while back (I suspect for no other reason than because their partner in it decided to buy them out); no idea what happened with the Spain park, but I suspect they exited like all the others.

Fox launched a park in Sydney around 2000 which was an abysmal failure. I'm not sure you could call it a park though; it had one major (Titanic) ride and a handful of quasi-attractions and a ridiculous ticket price.

The Paramount park is to be built by Samsung, is it not? Under license as Moosh suggested.

*** This post was edited by auscoasterman 2/19/2008 9:59:39 PM ***

Samsung?? But Samsung already owns the very successful Everland theme park in South Korea.

But, what I had seen on the Paramount park was that it was a water park along with a movie studio, so we'll see.