Monday, August 27, 2012

Walt Disney Company Considering Buying Disneyland Paris

Now this could get interesting:

After two decades of putting up with lackluster financial results at its European theme-park resort, Disneyland Paris, the Walt Disney Co. is considering a possible buyout of the publicly traded French company that manages the resort, Euro Disney SCA.
Disney currently owns 40% of Euro Disney, and sources close to the Burbank, Calif., entertainment giant told TIME that serious discussions have been taking place internally about buying out the stock it doesn’t currently own. Of the remaining shares, 10% is owned by Saudi Prince al-Waleed bin Talal, and the rest is held by individual and institutional investors.

Monday, August 20, 2012

Disney to replace French restaurant in Epcot

Walt Disney World has closed the French restaurant Bistro de Paris in Epcot in preparation for a renamed, less formal eatery that is set to open in mid-December, the Orlando Sentinel reports.


The Bistro de Paris was one of the more formal and pricy options in Epcot. In the transition for a less formal restaurant concept, the waiters also will no longer wear tuxedos.