The theme park business in China saw its biggest event of the year on Thursday when the $5.5-billion Shanghai Disney Resort opened. It is Disney’s sixth park worldwide and the largest in Asia, wowing both local and foreign tourists with exotic experiences and Chinese elements.
Universal Parks & Resorts, a division of NBC Universal which owns Universal Studios Hollywood, expects to open North China’s first international theme park in Beijing by 2020.
Option Alert Service Signal New Trade Suggestion
This morning reports are surfacing of more M&A in the media sector again. The Wall Street Journal is reporting that AT&T (T, quote) has approached DIRECTV (DTV, quote) concerning an acquisition.
Welcome to Monday’s Morning Coffee Break – U.S. markets started the 4th quarter on uneven footing last week that somehow managed to pull off a positive week with the Dow Jones sitting at its best level since December 2007.
