MiceChat News and Annoucements
What will you celebrate January 31 through Feb 1st 2009? MiceChat's 4th anniversary! Save The Date!
Signup for PM updates about this special event today!

Go Back   MiceChat > Theme Park & Entertainment News > News

News Disney and Industry News Links

Closed Thread
 
LinkBack Thread Tools Display Modes
Old 03-13-2006, 08:54 AM   #1 (permalink)
Watch Your Language
 
HongKongDisneyland's Avatar
 
HongKongDisneyland Has a good reputation
MGM lion to roar in new theme park in Buson City, South Korea -Mi6 - 3/10/2006

Quote:
Hollywood Studio MGM is to build its first Asian theme Park in the southern port city of Busan. Busan City and MGM will conclude a memorandum of understanding in Seoul on March 15, Busan City said Thursday. The city will provide around 1 million sq.m of land for the theme park in the East Busan Tourism Complex.

MGM will reportedly invest W600-700 billion (US$600-700 million) in establishing the studio in the complex and hopes to drum up funds from around the world. It will use the signing of the MOU as an opportunity for an investor blitz here - reports Chosun.

Busan City officials earlier discussed the project with MGM in the U.S. The city and MGM will conclude a contract once the detailed investment plan has been finalized on the extent of the financial burden the city will shoulder. If all goes smoothly, MGM will start construction at the end of next year and open in 2011.

MGM already has a mock studio at Disney World in Orlando, Florida, where visitors can experience the sort of environment where its classic movies including “Ben Hur” the James Bond 007 series, “Doctor Zhivago” and “2001: A Space Odyssey” might have been made. Founded in 1924, MGM -- short for Metro Goldwin Mayer -- was a major player in the glory days of the studio system, instantly recognizable by the roaring lion that appeared before the titles.
Source : Mi6
HongKongDisneyland is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!


Closed Thread

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Similar Threads
Thread Thread Starter Forum Replies Last Post
Hollywood's MGM plans South Korean theme park-Reuters-3/15/2006 HongKongDisneyland News 0 03-15-2006 01:46 AM
huge Korean skyscraper,Lotte World II in Busan, South Korea-Capital Times-2/16/2006 HongKongDisneyland News 0 03-13-2006 09:09 AM
Disney park near Seoul, South Korea? - Discussion BigPigletFan Disney Business 15 10-09-2005 05:30 PM
Disney eyeing theme park in S.Korea -Seoul official - Reuters 09/28/05 BigPigletFan News 0 09-28-2005 07:20 AM
Walt Disney May Build Theme Park Near Seoul, City Mayor Says - Bloomberg 09/27/05 BigPigletFan News 0 09-27-2005 10:25 AM


All times are GMT -7. The time now is 07:17 PM.
Powered by vBulletin® Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.