Abstract
-One of the biggest media and entertainment businesses in the world
-Tiny business in 1923 to one of the heavyweights of globalization
1920s and 1930s => only 1 studio and 1 park
The end of the 20th century- numerous TV networks, additional theme parks openings, a cruise line, merchandising in US malls and airports, publishing houses, real estate, hotel resorts, etc.
A joint venture between Disney and HK government
The HKSAR government => invest $2.9 billion + earn a 57% stake in the project ( $780 million)
Disney => 43% ($419 million)
