- Title: Shanghai Disney celebrates its first anniversary
- Date: 16th June 2017
- Summary: (SOUNDBITE) (English) BOB CHAPEK, HEAD OF PARKS AND RESORT AT WALT DISNEY SAYING: "I think we're extraordinarily encouraged by the unbelievable result of 11 million guests in the first year and more important than that the satisfaction scores that we are getting from our guests are extraordinarily high. And I think those are the sort of the right precursors, if you will, for future development so we're very optimistic about the future. We're very encouraged by what we've seen and we just think more Disney is a great thing." CHAPEK ON STAGE JOURNALISTS LOOKING ON CLOCK TOWER AT SHANGHAI DISNEYLAND SIGN SHOWING FIRST ANNIVERSARY VISITORS WALKING VISITORS INSIDE SHANGHAI DISNEYLAND BALLOONS SEEN IN FRONT OF CASTLE PEOPLE WALKING BY INSIDE SHANGHAI DISNEYLAND
- Embargoed: 30th June 2017 22:55
- Keywords: Business celebration Shanghai fireworks CEO anniversary Disney Chairman Bob Iger China castle Mickey Mouse
- Location: SHANGHAI, CHINA
- City: SHANGHAI, CHINA
- Country: China
- Topics: Arts / Culture / Entertainment
- Reuters ID: LVA0046LJ4EBX
- Aspect Ratio: 16:9
- Story Text: Walt Disney celebrated the first anniversary of its $5.5 billion theme park in Shanghai on Friday (June 16), a key plank of the entertainment giant's push into the world's second-largest economy through everything from English language schools to films.
The first anniversary of the Shanghai park was celebrated in true Disney-style with lights, fireworks and visits by executives including Chapek and Chief Executive Bob Iger.
The $5.5 billion theme park, which is all part of Shanghai Disney Resort, has been a key plank of the entertainment giant's push into the world's second-largest economy, and has drawn millions theme-park goers in the past year.
China matters for Mickey Mouse's owner: its box office takings there have tripled over the last two years and Shanghai Disneyland has seen more than 10 million guests in its first year, setting it on track for faster profits than Disney reaped from parks in Paris and Hong Kong, both loss-making for most of the years they have been open.
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