That is an incredibly misleading statement: How
Post# of 13735
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Posted On: 09/13/2024 1:39:04 PM
That is an incredibly misleading statement:
That statement is ONLY in reference to the Shanghai Disney Resort, NOT the Disney company overall.
The resort's management structure consists of three companies:
Shanghai International Theme Park Company Limited – 43% owned by The Walt Disney Company, 57% owned by Shanghai Shendi Group – ownership company for theme parks within the resort
Shanghai International Theme Park and Resort Management Company Limited – 70% owned by Disney Parks, Experiences and Products, 30% owned by Shanghai Shendi Group – manages and operates the resort as a whole as well as the project to develop it, on behalf of the ownership companies
Shanghai Shendi Group itself comprises three companies:
Shanghai Lujiazui (Group) Company Limited
Shanghai Radio, Film and Television Development Company Limited
Jinjiang International Group Holding Company
Quote:
How much of Disney is owned by China?
43 percent
The Walt Disney Company owns 43 percent of the resort; the majority 57 percent is held by Shanghai Shendi Group, a joint venture of three companies owned by the Shanghai government.
That statement is ONLY in reference to the Shanghai Disney Resort, NOT the Disney company overall.
The resort's management structure consists of three companies:
Shanghai International Theme Park Company Limited – 43% owned by The Walt Disney Company, 57% owned by Shanghai Shendi Group – ownership company for theme parks within the resort
Shanghai International Theme Park and Resort Management Company Limited – 70% owned by Disney Parks, Experiences and Products, 30% owned by Shanghai Shendi Group – manages and operates the resort as a whole as well as the project to develop it, on behalf of the ownership companies
Shanghai Shendi Group itself comprises three companies:
Shanghai Lujiazui (Group) Company Limited
Shanghai Radio, Film and Television Development Company Limited
Jinjiang International Group Holding Company
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A mix of my opinion and facts - don't bet the farm on my statements