Thursday, July 14, 2005

Disney and China

Here is a link to a recent Time Magazine article on Disney and China.

Hong Kong Disneyland is taking the Walt Disney Co. to a new place: the wonderful world of China. The $3.6 billion park, scheduled to open Sept. 12, is Disney's boldest attempt to make Mickey Mouse as well known as Chairman Mao in the burgeoning Chinese market. With 1.3 billion increasingly wealthy people--290 million of them under 14, Disney's prime audience--China is the Magic Kingdom for a consumer company, and Disney wants to sell them everything from Mickey Mouse toys to animated movies to kids' magazines.

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