Shanghai Disney Resort in the context of "Disneyland Paris"

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⭐ Core Definition: Shanghai Disney Resort

Shanghai Disney Resort (Chinese: 上海迪士尼度假区) is a themed resort in Pudong, Shanghai, China. The resort opened to the public on June 16, 2016. It is the first Disneyland in mainland China. It is also the sixth Disney resort worldwide, after Disneyland Resort, Walt Disney World Resort, Tokyo Disney Resort, Disneyland Paris and Hong Kong Disneyland Resort. On December 20, 2023, Shanghai Disney Resort officially opened Zootopia, Disney's first Zootopia-themed area.

The resort features Shanghai Disneyland, an entertainment district, two themed hotels, recreational facilities, a lake and associated parking and transportation hubs. Additional phases will see the development of two additional theme parks at the resort. The site will cover 390 hectares (963 acres) in Pudong, or approximately three times the size of Hong Kong Disneyland, at a cost of CN¥ 24.5 billion (US$3.7 billion) for the new theme park and an additional CN¥ 4.5 billion (US$0.7 billion) to build other aspects of the resort, totaling CN¥ 34 billion (US$5.5 billion). 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.

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Shanghai Disney Resort in the context of Bob Iger

Robert Alan Iger (/ˈɡər/; born February 10, 1951) is an American media executive who is chief executive officer (CEO) of the Walt Disney Company. He previously was the president of the American Broadcasting Company (ABC) between 1994 and 1995 and president and chief operating officer (COO) of Capital Cities/ABC, from 1995 until its acquisition by Disney in 1996. Iger was named president of Disney in 2000 and succeeded Michael Eisner as CEO in 2005, until his contract expired in 2020. He then was executive chairman until his formal retirement from the company on December 31, 2021. At the request of Disney's board of directors, Iger returned to Disney as CEO on November 20, 2022, following the dismissal of his appointed successor, Bob Chapek. In July 2023, Disney renewed Iger's contract until 2026.

Considered a highly effective and visionary media executive, Iger was able to broaden Disney's roster of intellectual properties, expanded its presence in international markets, and oversaw an increase of the company's market capitalization from $56 billion to $231 billion during his initial 15-year stewardship of the company. He led the major acquisitions of Pixar in 2006 for $7.4 billion, Marvel Entertainment in 2009 for $4 billion, Lucasfilm in 2012 for $4.06 billion, and the entertainment assets of 21st Century Fox in 2019 for $71.3 billion. Iger also expanded the company's theme park resorts presence in East Asia, with the introduction of Hong Kong Disneyland Resort and Shanghai Disney Resort in 2005 and 2016, respectively. He was a driving force behind the reinvigoration of Walt Disney Animation Studios, the branded-release strategy of its film studio's output, and the company's increased investment in its direct-to-consumer businesses, including Disney+ and Hulu.

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Shanghai Disney Resort in the context of List of tourist attractions in Shanghai

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Shanghai Disney Resort in the context of Pudong

Pudong is a district of Shanghai located east of the Huangpu, the river which flows through central Shanghai. The name Pudong was originally applied to the Huangpu's east bank, directly across from the west bank or Puxi, the historic city center. It now refers to the broader Pudong New Area, a state-level new area which extends all the way to the East China Sea.

The traditional area of Pudong is now home to the Lujiazui Finance and Trade Zone and the Shanghai Stock Exchange and many of Shanghai's best-known buildings, such as the Oriental Pearl Tower, the Jin Mao Tower, the Shanghai World Financial Center, and the Shanghai Tower. These modern skyscrapers directly face Puxi's historic Bund, a remnant of former foreign concessions in China. The rest of the new area includes the Port of Shanghai, the Shanghai Expo and Century Park, Zhangjiang Hi-Tech Park, Shanghai Pudong International Airport, the Jiuduansha Wetland Nature Reserve, Nanhui New City, and the Shanghai Disney Resort.

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