Euro Disney Eyes &#36;180 Mln 'Tower of Terror'-Source
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Euro Disney wants to use part of a planned rights issue to build a gut-wrenching new "Tower of Terror" ride that could cost some 150 million euros (&#36;182.2 million), sources familiar with the situation said.
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EURO DISNEY, the financially crippled French theme park operator, has admitted that its annual losses more than doubled last financial year as it was hit by a surge in costs.
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A Saudi Arabian billionaire is in talks to open a Disney theme park in Bahrain, a report says.
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Euro Disney plans a life-saving 250 million euro (&#36;322 million) capital increase in mid-January if market conditions permit, said its finance director, adding the French theme park operator would take time to become profitable.
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French theme park operator Euro Disney on Tuesday said it had won the unanimous agreement of its creditors to a modified debt restructuring plan designed to save it from bankruptcy.
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Lobbyists for Walt Disney set out to persuade Congress for up to $200M to promote U.S. tourism.
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Witches, a magical moving castle and a devastating war filled the screens in Venice on Sunday in the animated film "Howl's Moving Castle" by Hayao Miyazaki, known around the world as Japan's Walt Disney.
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PARIS Euro Disney said Tuesday that it had reached an 11th-hour deal with its creditors on a modified debt-restructuring plan that the financially troubled theme park operator hopes will enable it to avoid bankruptcy.
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Walt Disney Co. on Tuesday said it had sold &#36;1 billion in foreign movie tickets by late August, a month faster than it did last year and a bright sign for a studio that has had a bad year at home.
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German industrial conglomerate Siemens AG said Monday it has secured a 180 million euro ($224 million) order to modernize Libya's electricity network.
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Walt Disney Co.'s chief executive Michael Eisner will leave the giant entertainment company in 2006 when his contract expires, a newspaper reported Friday.
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Gulf Arab investors, including  billionaire Prince Alwaleed bin Talal, are in talks to build a  3 billion dinar ($7.96 billion) Disneyland theme park in  Bahrain, a newspaper reported on Tuesday, citing an unnamed  source.
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U.S.-based entertainment firm Hollywood   Studios International HYWS.PK will consider listing on   Dubai's new stock exchange in the next two years, a United Arab   Emirates newspaper quoted a company official as saying on   Sunday.
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Euro Disney shares leapt on Wednesday  after the French theme park operator clinched a long-awaited  deal to restructure its debt, but analysts say big challenges  loom for Chairman Andre Lacroix.
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The Motley Fool - The head of Steve Jobs probably did a 360 -- a la Regan in The Exorcist -- when he heard the news, reported in a recent issue of Hollywood Reporter, that Disney (NYSE: DIS - News) will make Toy Story 3.
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Disney's "King Arthur," a domestic dud at about &#36;50 million, soared past the century mark (&#36;107.4 million) at the foreign box office last weekend, helping the studio hit &#36;1 billion overseas for an unprecedented 10th consecutive year.
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Children's Place Retail Stores Inc.  on Wednesday said it will buy Walt Disney Co.'s  chain of North American retail stores and pledged to invest &#36;100 million in them.