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Topic: Euro Disney

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In the News (Fri 19 Jul 19)

  SignOnSanDiego.com > News > Business -- Euro Disney stumbles to meet debt payments amid tourism industry woes
Euro Disney also said revenues in the first nine months of the current fiscal year inched up 2 percent from a year earlier to $830.2 million.
Euro Disney officials, who declined to be identified by name, said Friday it's unlikely the park operator could be forced to close.
Euro Disney is still in a growth strategy, and doesn't see any need to cut back on attractions or employment for now.
www.signonsandiego.com /news/business/20030801-1313-france-eurodisney.html   (650 words)

  Disneyland Resort Paris - Wikipedia, the free encyclopedia
It is owned and operated by the French company Euro Disney SCA, a public corporation of which 39.781% of the stock is held by The Walt Disney Company, 10% is held by the Saudi Prince Alwaleed and other shareholders hold 50.22%.
On 1 October 1994, Euro Disneyland and Euro Disney Resort changed their name to Disneyland Paris (after the opening of the Walt Disney Studios Park in 2002, Disneyland Paris was given its actual name, Disneyland Park, and the entire Resort became known as Disneyland Resort Paris).
The tenth Disney theme park in the world, Walt Disney Studios park opened with the aim of keeping visitors to the resort on property for more days, but the park was criticized for not having enough attractions, many of which were copied from Disney-MGM Studios at Walt Disney World.
en.wikipedia.org /wiki/Euro_Disney   (1064 words)

 Dirty Disney revealed by hazardous chemicals in products | Greenpeace International
Disney is renowned for the strict conditions it places on the use, appearance and colours of the characters used on the clothes, but does little to control the production processes of the clothing manufacturers it licenses the use of these characters to.
Disney staff arriving for work got a truly technicolour view of Mickey and Minnie in action and were also given leaflets explaining the potential damage their employers were wreaking upon children's health by continuing to sell toxic children's clothes.
It seems Disney, which works so hard to promote its cute cuddly image, is perfectly happy to allow many parents to unwittingly clothe their children in products that contain nasty chemicals.
www.greenpeace.org /international/news/dirty-disney-revealed-by-hazar   (730 words)

 Euro Disney says 1Q revenue up 5.8 pct. - Boston.com
Euro Disney SCA, the operator of two Disney theme parks outside Paris, on Thursday said revenue in the fiscal first quarter rose 5.8 percent, driven by strong Halloween and Christmas park entries and hotel occupancy.
Revenue from Euro Disney's theme parks rose 9.9 percent to euro153.6 million ($196.8 million), reflecting an 8 percent rise in attendance and a 2 percent increase in guest spending.
Euro Disney Chairman and Chief Executive Karl Holz said the quarterly performance was "encouraging" for the fiscal full year, which ends Sept. 30.
www.boston.com /news/world/europe/articles/2007/01/25/euro_disney_says_1q_revenue_up_58_pct   (213 words)

 A Master's Paper
Euro Disneyland a theme park comprised of an updated, state of the art Disney's Magic Kingdom, is a subsidiary of the Walt Disney Company located outside Paris, France, and has experienced numerous complications from its inception.
Euro Disneyland's target of 11 million guests in the first year was met, but revenues did not roll in as had been planned.
Furthermore, Euro Disneyland executives believe it is pertinent to turn consumer attention away from its balance sheets and back to Disney characters and attractions so they are down playing the financial difficulties and emphasizing what to see and do at the park (Crumley, 1994, March).
www.oitc.com /Disney/Paris/English/LynEuroDisney.html   (6120 words)

 Euro Disney: An American in Paris
Euro Disney had, at the beginning, to consist of 2 principal areas: the theme park (Disneyland park) and an entertainment centre (Festival Disney entertainment).
Disney has not been able to convince that a high price comes with more value than normal theme parks, such as authentic buildings, quality of the service provided and the many Disney figures walking around.
Euro Disney managers have underestimated how hard it is to change the behaviour of its customers spending habits.
www.fek.uu.se /ikt/MoSh04/fil/2a.htm   (1310 words)

 Euro Disney Case Study - Mangement Portal
Although Euro Disney nearly met plans for guest attendance, they faced a loss of FF 5,337 million whereas total turnover was FF 5,725 million.
Besides this the plans for Euro Disney were driven by the wish to avoid the limitations for profit generation faced in other theme parks.
These were the facts that Disney owed only a small number of the hotels around its existing theme parks[5] and that it did not own and operate the Japanese theme park by itself thus only receiving pre-defined royalties.
www.themanager.org /ME/Disney_1.htm   (2255 words)

 Euro Disney net loss widens in first half - Boston.com
Euro Disney's net loss rose to 102 million euros ($126 million) in the six months ending March 31 from 29.8 million euros a year earlier.
First-half revenue decreased 1.4 percent to 467 million euros ($581 million) from 474 million euros last year, as both theme park attendance and hotel occupancy were lower.
Euro Disney shares were nearly unchanged, to close at 0.10 euros (12 cents) in Paris trading.
www.boston.com /business/articles/2006/04/27/euro_disney_net_loss_widens_in_first_half   (272 words)

 Euro Disney's net loss narrows - Breaking News - Business - Breaking News
The European outpost of the Walt Disney empire reported a net loss for the year to the end of September of 94.9 million euros, after a loss of 145.2 million euros on a published basis a year earlier.
Euro Disney has announced a multi-year investment plan to revamp its attractions and is opening its "Buzz Lightyear Laser Blast" attraction in April.
Euro Disney's volatile shares have lost half their value this year and underperformed travel sector peers by 56 per cent.
www.smh.com.au /news/Business/Euro-Disneys-net-loss-narrows/2005/11/16/1132016863407.html   (664 words)

 Mickey News °o° - Euro Disney.
Euro Disney, the debt-hobbled theme park operator, is hoping to sign a preliminary agreement on Tuesday with lead banks BNP Paribas and Calyon, and core investors Walt Disney Co and state bank CDC, paving the way for a 250m rights issue.
Euro Disney is racing to finalise details of its long-awaited 2.2bn debt restructuring, aiming for a full agreement with all its bank creditors by the end of June.
Euro Disney has been struggling to restructure its debt since November as low attendance at its two theme parks and hotels in the east of Paris has undercut its ability to repay the debt burden.
www.mickeynews.com /News/DisplayPressRelease.asp_Q_id_E_664Euro   (515 words)

 Notes to Consolidated Financial Statements (cont.)
Euro Disney S.C.A. ("Euro Disney") operates the Disneyland Paris theme park and resort complex on a 4,800-acre site near Paris, France.
Remaining lease rentals at September 30, 1998 of FF 8.3 billion ($1.5 billion) receivable from Euro Disney under the Sublease approximate the amounts payable by Disney SNC under the Lease.
The company also agreed, as long as any of the restructured debt is outstanding, to maintain ownership of at least 34% of the outstanding common stock of Euro Disney until June 1999, at least 25% for the subsequent five years and at least 16.67% for an additional term thereafter.
www.disneyeurope.com /AnnualReport/notesto1.htm   (657 words)

 Disneyland Resort Paris - Mickeypedia: The Disney Encyclopedia! EuroDisney, Disneyland Paris, Walt Disney Studios, Euro ...
It is owned and operated by the French company Euro Disney SCA, a public corporation of which 39.781% of the stock is held by The Walt Disney Company, 10% is held by the Saudi Prince Alwaleed and 50.22% is held by other shareholders.
Construction began in 1988 and the entertainment Resort officially opened as Euro Disney on April 12, 1992, but attendance was disappointingly low.
It is the European equivalent of the American Downtown Disney complexes.
www.mickeypedia.com /articles/Disney/Disneyland_Resort_Paris.html   (736 words)

 Euro Disney's Tragic Kingdom | Business | Deutsche Welle | 30.04.2004   (Site not responding. Last check: 2007-10-17)
Euro Disney, the debt-burdened operator of the theme park, announced on Thursday that unless creditors can be persuaded to give the ailing enterprise more breathing space after the end of May, Mickey, Pluto and Goofy could be looking for alternative employment come June.
The group's chief executive, André Lacroix, delivered the bad news that Euro Disney would be unable to meet its financial obligations if it failed to agree a new restructuring strategy with lenders and shareholders.
The Disney Company also agreed to waive its royalty fees for the first time, the group announced a new share issue, and a number of banks offered Euro Disney better loan repayment schedules.
www.dw-world.de /english/0,3367,1431_A_1186488_1_A,00.html   (861 words)

 Euro Disney Case Study Appendices - Management Portal
In addition prices for Euro Disney were set at a higher level than all other European theme parks and even at the Disney theme parks in the USA.
Influencing factors were the high capital outlay required, Disney’s experience in the construction and the management of such parks and the high customer awareness because of a Disney brand.
This assumption is proved by the fact that later on Euro Disney was only able to increase the guest attendance by a price reduction in connection with a segmentation of prices relating to seasons.
www.themanager.org /ME/Disney_1_Appendicesl.htm   (1369 words)

 USATODAY.com - Euro Disney launches $328M capital plan   (Site not responding. Last check: 2007-10-17)
Euro Disney boss Andre Lacroix is hoping the 253 million euro ($328 million) capital increase announced Friday will help to spark a turnaround at the company, amid signs that the tourism industry is emerging from three years of gloom.
Walt Disney has agreed to subscribe to 100 million euros ($130 million) in Euro Disney stock at 9 euro cents (12 cents) per share as part of the rights issue, maintaining its 40% stake in its subsidiary.
Euro Disney shares were 15.4% lower at 22 euro cents (29 cents) in late afternoon Paris trading.
www.usatoday.com /travel/destinations/2005-01-21-euro-disney_x.htm   (546 words)

 USATODAY.com - Euro Disney loss widens on dip in tourist numbers   (Site not responding. Last check: 2007-10-17)
Euro Disney operates Disneyland Paris and the Walt Disney Studios Park, and is 39% owned by Walt Disney Co., based in Burbank, Calif.
Nevertheless, the results may revive doubts about Euro Disney's current strategy and its ability to handle its debt of euro2.21 billion ($2.60 billion), pared by only 0.6% over the past year.
Euro Disney's plan to pay off its debts and crippling interest payments were based on a forecast of some 14.5 million visitors a year to its parks, according to the internal report leaked in October.
www.usatoday.com /travel/news/2003-11-20-euro-disney_x.htm   (371 words)

 SignOnSanDiego.com > News > Business -- Back from the brink, Euro Disney sets course for the edge of the universe
The launch of the Space Mountain upgrade – pledging to take riders "beyond the moon, to the edge of the universe" – comes only months after Euro Disney SCA was itself rescued from a financial fl hole, thanks to a 1.7 billion euros ($2.2 billion) bailout by U.S. parent Walt Disney Co. and other creditors.
Euro Disney is pushing more flexible tickets as part of a marketing drive to encourage more people to stay at its Disneyland Resort hotels on site and spend more than one day in the parks.
That is why, armed with research showing that most first-time visitors plan to return, Euro Disney has decided to use almost all of the cash raised in its capital increase on opening a new ride every year.
www.signonsandiego.com /news/business/20050406-1359-france-eurodisney.html   (651 words)

 Current Business News
While Euro Disney S.C.A. did not comment on whether these numbers for the Resort Segment met their expectations they did confirm that the increase in the Real Estate segment (which equaled slightly more than 1/3 of the total increase in Euro) was "in line" with expectations.
Euro Disney S.C.A. announced the departure of its chief financial officer Jeff Speed, who, according to the press release, has returned to the USA to "pursue another career opportunity".
Therefore all Euro Disney UK Depositary Receipts cease to have any value, underlying shares that were not previously exchanged for shares will be sold on the holder's behalf just as those shares not transfered away from the LSE by their UK-holders and the net proceeds, less commission and expenses, will be sent to the holder.
www.dlp.info /Guide/News-And-Rumours/Current-Business-News.asp   (7874 words)

 Euro2day :: Euro Disney hails Buzz boost
Euro Disney, operator of the Disneyland Paris theme park, said on Wednesday that it had stemmed some of its underlying losses after the opening of a new Buzz Lightyear ride helped to boost visitor numbers.
The French company – which is 40 per cent owned by Walt Disney and 10 per cent owned by Prince Alwaleed, the Saudi investor – declined to say when it hoped to become profitable, however.
The net loss attributable to Euro Disney shareholders was €73.1m, compared with a €43.7m deficit the previous year.
www.euro2day.gr /articlesfna/23629230   (407 words)

 Mouse Of A Firm Makes Bid For Euro Disney - Forbes.com   (Site not responding. Last check: 2007-10-17)
Euro Disney has been the butt of jokes for its magnificent losses, but Center-Tainment chief executive Ulf Werneris deadly serious about turning the park into a money-spinning Magic Kingdom.
Sounds straightforward enough, though most analysts and regulators are scratching their heads as to how a Swiss company that no one had heard of until this week intends to unseat the management of Euro Disney, and also make the park more profitabile.
Euro Disney is 39.8% owned by The Walt Disney Co (nyse: DIS - news - people), while 8th-richest-man-in-the-world Prince Alwaleed bin Talal of Saudi Arabia has a 10% holding.
www.forbes.com /2006/11/30/euro-disney-takeover-face-cx_po_1130autofacescan01.html   (405 words)

 Disneyland Paris (Euro Disney) Frequently Asked Questions (FAQ)
This is due to public mistrust of all things 'Euro', a wish to more closely link the park with the romantic city of Paris, and a desire to disassociate with the poor reputation that has become linked with the phrase "Euro Disney".
April 21st 1995: The half-yearly financial statement from Euro Disney S.C.A. indicates that the company's net deficit was slashed by 77% from FF 1.06bn to FF 241m in the six months to March 1995.
CDs/tapes: "Euro Disney: C'est Magique", "Euro Disney: Feel the Magic": These contain the soundtrack of the "C'est Magique" stage show which used to play at the Fantasy Festival Stage (similar to the "Disney World is Your World" and "Disneyland is Your Land" shows in the US parks).
www.faqs.org /faqs/disney-faq/disneyland-paris   (12607 words)

 euro disney   (Site not responding. Last check: 2007-10-17)
Euro Disney annonce la finalisation de sa restructuration financière et de sa réorganisation jur...
The Euro Disney share price on the London market as of November 14th 1995 was UKP 2.15 (approx.
Theme park operator Euro Disney has said its 253 3-million-euro 331-million-dollar capital increase had been nine percent oversubscribed.
disney.xuyase.com /euro-disney.html   (245 words)

 Boycott Israel Campaign
Walt Disneys Millennium exhibition at the Epcot Centre in Florida depects Jerusalem as the capital of Israel.
Disney the love and entertainment king of millions throughout the world has stepped into political arena to promote Jewish claims over Jerusalem.
Disney claims they have altered the exhibition as not to promote the Israeli claim.
www.inminds.com /boycott-disney.html   (970 words)

 Ticket Euro Disney   (Site not responding. Last check: 2007-10-17)
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www.spiritofthewest.bc.ca /ticket/ticket_euro_disney.html   (804 words)

 Swiss company has eye on Euro Disney - Orlando Sentinel : Tourism
Euro Disney shares were trading at 8 cents at the time of the announcement.
Euro Disney's parent company, Burbank, Calif.-based Walt Disney Co., had no comment.
Euro Disney's first park, Disneyland, opened in 1992, followed by the Walt Disney Studios park in 2002.
www.orlandosentinel.com /business/custom/tourism/orl-eurodiz3006nov30,0,4654549.story?coll=orl-business-headlines-tourism   (418 words)

 EURO DISNEY   (Site not responding. Last check: 2007-10-17)
Covering the forty-seven square miles of Walt Disney World are four theme parks: The Magic Kingdom, Epcot, The Disney Studios, and Disney's Animal Kingdom.
MICHAEL D. EISNER, chairman of Walt Disney, showed in 1995 he could do it his way, without close pal and President Frank G. Wells, who died in a helicopter crash in 1994, or studio chief Jeffrey Katzenberg, who left in anger.
Disney Documents -- concerning the canceled Disney's America, Haymarket, Virginia --which had a projected, 1998-99 opening.
distance.una.edu /~kabsher/euro.htm   (529 words)

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