Monday 14 September 2009

Disney spending Fantasy money

This from the Associated Press wires...
Disney executives have announced the largest expansion in the history of Walt Disney World's Magic Kingdom in central Florida. The new development will nearly double the size of Fantasyland and include a new ride based on the Little Mermaid movie.
Disney will be hoping that analysts who predict it will re-ignite travel to Orlando, which has lagged in the global recession, have got it right. Disney's parks contribute about a third of the giant entertainment company's entire revenue - so it's a fair bet that they see any money spent on this development will be worth it.
The Fantasyland overhaul will be complete by 2013. Disney declined to say how much it will spend on the projects.
Information from: Orlando Sentinel, http://www.orlandosentinel.com