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A Marvel Fanboy

China Box Office Thread | Deadpool & Wolverine- July 26

By A Marvel Fanboy, in China At The Box Office

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A Marvel Fanboy Global Phenomenon

A Marvel Fanboy

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Shanghai Disney Resort Operator Said To Secure $2B Loan To Build Park

The Mouse is roaring in China. On Tuesday, The Walt Disney Company announced it had entered a partnership with the culture ministry and Chinese internet giant Tencent to develop the country’s animation business. Today, it has emerged that Shanghai Shendi Group, the operator of Disney’s planned Shanghai Disneyland, has secured a $2 billion loan for construction of the park.

The loan deal for the new Disneyland was signed on Tuesday and falls under a framework that Shendi agreed to in May with 12 banks including China Development Bank, Shanghai Pudong Development Bank and the Bank of Communications, according to ShanghaiDaily.com. (A groundbreaking ceremony for the resort was held in April last year.) Shanghai Shendi Group vice president Shao Xiaoyun said the project will receive two syndicated loans with plans to develop the theme park as well as a tourism district in the surrounding area to be known as theShanghai International Tourism Zone. The second phase of the loan will go towards an estimated $714 million cost to build the tourism area, according to ShanghaiDaily. The total cost of the park is estimated at $3.9 billion, according to Reuters.

The new Disney progress follows a February announcement by DreamWorks Animation which said it was forming Oriental DreamWorks, a joint venture with China Media Capital to develop and produce original Chinese live-action and animated content for the local and global markets. That deal also has a potential theme park component. NBC Universal is also understood to have held preliminary talks on a joint venture to build a theme park in the port city of Tianjin.

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RTX Box Office Gold

RTX

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OD of TF3 is 16M. TF3 had 2D and thats in summer. Titanic only has 3D.

Well, that just means TF3 did even better in terms of admissions.However, if Titanic does become the top-grossing film of 2012, wouldn't that be a fun.
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A Marvel Fanboy Global Phenomenon

A Marvel Fanboy

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Well, that just means TF3 did even better in terms of admissions.However, if Titanic does become the top-grossing film of 2012, wouldn't that be a fun.

True.OD admissions of TF3 1.9m+; Titanic 3D 1.5M+.Titanic 3D wont be the top 1 of 2012, it is looking for "only" 110~120M or so. Edited by firedeep
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baumer Cinematic Universe

baumer

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First of all, why are you comparing TRF3 to Titanic? Transformers is a new movie, Titanic is a 15 year old movie that already made 45 mill in China in 1997-98.And Titanic might be looking at more than 120 in China. Xiayun thinks it might do 140-150.

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