Earlier today at the Annual Meeting of Shareholders of The Walt Disney Company, chairman and chief executive officer Robert A. Iger unveiled the first image of a model of Shanghai Disney Resort, featuring the resortâ€™s theme park, Shanghai Disneyland.
In addition to our earlier news that the recent Disney India films will soon be getting a domestic release on Disney DVD on July 26, we have learned that two of Disney China’s films will also be released in North America, this time on September 6, as part of the ‘Disney World Cinema’ collection.
The Walt Disney Company and Shanghai Shendi Group, its joint venture partner in China, have broken ground on the Shanghai Disney Resort following approval from the Chinese central government in Beijing. Both companies marked the start of construction on the first Disney resort in mainland China at a groundbreaking ceremony held earlier today.
“Today marks a significant milestone in the history of The Walt Disney Company,” said Robert A. Iger, President and CEO of The Walt Disney Company. “Our Shanghai resort will be a world-class family vacation destination that combines classic Disney characters and storytelling with the uniqueness and beauty of China. Working with our Chinese partners, the Shanghai Disney Resort will be both authentically Disney and distinctly Chinese.”
In late June, Disney, together with leading Asian independent retailer CLOT officially opened the highly anticipated concept store Man Is In The Forest– the first store in the world where ground breaking Disney collaborations with leading designers will be sold under one roof.
Already established fashion leaders in Asia, CLOT has four retail outlets in Asia selling the latest in cutting edge street wear design and labels such as HeadPorter, OriginalFake and much more. Man Is In The Forest will be the fifth retail offering and their second in mainland China.
The Walt Disney Company announced today it will contribute $150,000 to the China Youth Development Foundation (CYDF) to help rebuild schools devastated by a powerful earthquake in the western Chinese province of Qinghai.
“On behalf of The Walt Disney Company, I extend our deepest condolences to the people of China and hope our contribution can help the children and families affected by this terrible earthquake,” said Robert A. Iger, president and CEO, who announced the donation while visiting Shanghai.
BURBANK, Calif. and SHANGHAI, Nov. 22Â — The Walt Disney Company in China today announced the start of production on its third local co-production project in just two years, “Disney High School Musical: China.” Working with local partners Shanghai Media Group (SMG) and Huayi Brothers Media Corporation, the movie is planned for cinematic release in summer 2010.
Under development for over a year, and created uniquely for Chinese audiences, “Disney High School Musical: China” is the story of a new student who meets a gifted young man with whom she shares a secret passion for singing. With the help of their friends they overcome the odds to win an inter-school singing competition, and discover their true calling in the process.
“Disney’s ongoing commitment to local content development underpins our strategy to connect with new audiences around the world,” said Mr. Jason Reed, general manager, Walt Disney Studios International Production. “Our local team has done an amazing job and we are fortunate to be building on the Disney Channel’s success by working with a world class cast and crew led by our producer Janet Yang and visionary director Shi Zheng Chen.
“The choice of the right stories and best local partners is key to the success of our localization strategy. Shanghai Media Group and Huayi Brothers Media Corporation are leaders in their field and their involvement and contribution to this project is invaluable,” added Mr. Reed.
In 2007, the Studio’s first Disney branded local co-production, the award-winning, “The Magic Gourd” was released, followed by “Roadside Romeo” from India in 2008, “Trail of the Panda” (China 2009) and the feature film, “Book of Masters” (Russian 2009), based on a classic Russian fairy tale which opened in first place at the box office in October. Disney’s sixth local production “Zokkomon” is currently in development in India and is expected to open in 2010.
The Wall Street Journal has published an article which peeks into life at Disney’s schools that teach English to China’s youth. Focusing on apparent attempts by Disney to push its brand throughout the country, the article questions the motives and effectiveness of the school. Well received by the Chinese middle class, Disney plans on creating new schools in both Shanghai and Beijing and is contemplating introducing the schools to other countries in the future. Article here.
SHANGHAI, Feb 12 (Reuters) – U.S. film giant Universal Studios is awaiting regulatory approval to build a theme park costing more than 10 billion yuan ($1.5 billion) in Beijing, a Chinese government official said on Thursday. (more…)