Businessweek Archives

More Holes In Disney's Bag Of Tricks


In Business This Week

MORE HOLES IN DISNEY'S BAG OF TRICKS

Amusement parks are fun, right? Not for Walt Disney. In Paris, talks to restructure $2.4 billion worth of debt for Disney's 49% owned EuroDisney resort and theme park were threatened when angry bondholders demanded representation at the talks. The venture also posted a quarterly loss of $93.5 million. And in Virginia, where Disney plans a $600 million historic theme park, state lawmakers withdrew legislation to give Prince William County borrowing authority to pay for $50 million worth of water and sewer-line improvements. That could force Disney to foot the bill. Disney didn't comment on Virginia but said Paris talks should continue.EDITED BY KEITH H. HAMMONDS


Hollywood Goes YouTube
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus