Monday, September 12, 2005

Mickey in China

The Walt Disney Corp is going across seas yet once again:

Hong Kong Disneyland, based on Lantau Island, is expected to attract more than five-and-a-half million visitors in its first year.

The project is 57% owned by the Hong Kong government, and is expected to generate $19bn over the next 40 years.

Stop this out of control spending. This is the company that cannot make enough money to let Preschoolers watch their movies without paying for them. Now they want to open a theme park in the heart of the enemy. They might as well opend a theme park in Russia during the 1980s. But in hinsight, the Disney Tee Shirts will probably come down in price.


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