Disney ponders second Paris park
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.EURO DISNEY, the French theme park 39 per cent-owned by Walt Disney Company, is considering a second park at the Paris site. It has launched a pilot scheme for a park celebrating television and cinema, and has begun talks with the French authorities. Work could start at the end of 1999 with the site opening at the start of 2002. It would represent a Ffr4bn (pounds 426m) investment and create 5,000 direct or indirect jobs. But analysts were sceptical: "Will banks finance a new park when the first one isn't sorted out?" said Nigel Reed, analyst at Paribas Capital Markets.
The news came as Walt Disney announced lower-than-expected first-quarter results showing an 18 per cent profit fall to $622m (pounds 377m) due to poorer figures from home video, Disney stores and licensing.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments