Articles tagged “theme parks”

Disney Drops $52 Billion to Buy Bulk of Fox Entertainment Empire

Disney Drops $52 Billion to Buy Bulk of Fox Entertainment Empire

Anousha Sakoui , Bloomberg

While this deal is all about the entertainment assets, it will have a meaningful impact on theme parks because Disney gets a whole new universe of intellectual property and characters to work with. CEO Bob Iger — who knows his way around major acquisitions and theme park integrations — is now sticking around until 2021 to see this one through.

1 month ago

Disney Skyliner Gondolas Will Connect Theme Parks and Hotels

Disney Skyliner Gondolas Will Connect Theme Parks and Hotels

Associated Press

Hoteliers with properties on-site at Disney parks will welcome these new gondola connections. Guests will be able to beat some of the crowds and commute in style.

1 month ago

Tokyo Disney Is Reportedly Getting a $2.7 Billion Expansion

Tokyo Disney Is Reportedly Getting a $2.7 Billion Expansion

Lisa Du, Bloomberg

Tokyo Disney Resort is already a popular piece of the Disney empire, and spending billions to add attractions and make improvements will only help drive more attendance and spending. Castles need a little polish every now and then.

2 months ago

Disney Theme Parks Boss Could Be Tapped as Next CEO

Disney Theme Parks Boss Could Be Tapped as Next CEO

Christopher Palmeri, Bloomberg

Disney's board has been searching for a new CEO for more than a year and a half. Meanwhile, Bob Chapek has been steering the company's theme parks and resorts division to healthy growth. Is it any surprise he's being considered for the top job?

2 months ago

Disneyland Cuts Annual Passes for Locals Before Star Wars Crowds Arrive

Disneyland Cuts Annual Passes for Locals Before Star Wars Crowds Arrive

Christopher Palmeri, Bloomberg

Disney has been tweaking its pricing to better control visitor numbers so it's no surprise that approach extends to annual passes. The risk in this case is that the change will anger locals who might have otherwise visited repeatedly.

2 months ago

New $26 Million Bear Grylls Theme Park Based on Near-Death Experiences

New $26 Million Bear Grylls Theme Park Based on Near-Death Experiences

Sara Clemence, Bloomberg

An amusement park and life-or-death survival are diametrically opposed, but for those craving experiential travel, here's one way to get it. We've certainly never seen Disneyland "test our resolve and spirit to never give up."

2 months ago

Disney Is Hiking Its Spending on Park Projects by Nearly $1 Billion

Disney Is Hiking Its Spending on Park Projects by Nearly $1 Billion

Hannah Sampson, Skift

Disney's $4 billion purchase of Lucasfilm and the Star Wars franchise five years ago is the deal that keeps on giving — and costing, given all the additional investment in store. The entertainment giant clearly sees a future full of big returns on that investment.

2 months ago

SeaWorld Has a New Ad Campaign to Make People Like It Again

SeaWorld Has a New Ad Campaign to Make People Like It Again

Hannah Sampson, Skift

SeaWorld has not been able to turn its attendance slide around, and back-to-back hurricanes didn't help. But executives hope to address deeper perception issues — the buzz phrase that's been around for years now — with a new ad campaign.

3 months ago

Universal Orlando Just Bought More Land in Its Quest to Rival Disney

Universal Orlando Just Bought More Land in Its Quest to Rival Disney

Associated Press

Universal Parks & Resorts has big ambitions, and now the Comcast-owned operator has even more land to fulfill those goals. The question remains: What will the company do with all this property?

3 months ago

Six Flags Is Making a Bigger Entry Into China With Three More Parks

Six Flags Is Making a Bigger Entry Into China With Three More Parks

Hannah Sampson, Skift

There's not much theme park development in the United States, so growth has to come from somewhere. Six Flags sees a lot of potential in China and other destinations around the world.

3 months ago

Legoland Theme Park Is Coming to New York in 2020

Legoland Theme Park Is Coming to New York in 2020

Associated Press

Legoland has proven popular for families with young kids and continues to build a following in the United States. Located 50 miles from New York City, the first Legoland park in the Northeast will need to get creative to attract tourists who are visiting the Big Apple.

3 months ago

Cedar Point Theme Park in Ohio Plans Renovations Under New CEO

Cedar Point Theme Park in Ohio Plans Renovations Under New CEO

Associated Press

This family resort in Sandusky, Ohio keeps breaking revenue records, while other parks in the country struggle. It has just installed a new CEO who wisely plans to market the park more broadly to try to lure visitors from Chicago and beyond.

3 months ago