July 1st, 2009 LONDON - Pop star Justin Timberlake has promised to work in British film director Guy Ritchie's next project. The two made the deal at the Punch Bowl in Mayfair over a drink after Ritchie told Timberlake about his future ...
From: blog.taragana.com
SHANGHAI - The Shanghai Disneyland project has been approved by the Chinese central government, authorities said Wednesday.
Disney President and CEO Robert Iger said that China is one of the most dynamic, exciting and important countries in the world, and this approval marks “a very significant milestone” for the Walt Disney Company in China’s mainland.
The foreign investment department officials said that several big state-owned firms in Shanghai would be forming a joint venture with the Walt Disney Co. to fund the project.
The Shanghai municipal government and the Walt Disney Co. reached an agreement on building China’s first Disneyland, Shanghai Mayor Han Zheng had said in January.
The multi-billion dollar project is expected to benefit industries, including property development, hotels, transport and entertainment, said Hou Zhigang, an associate professor with the Fudan University, Shanghai.