Robert Iger first set foot on the site in China that would become a Walt Disney Co. theme park 17 years ago. Back then the 963-acre site was mostly agricultural land, but now it has been transformed into Shanghai Disney Resort, a 5.5-billion project that has become an important symbol of Disney's ambitions in the world's most populous country. "It's kind of hard to believe we've been involved so long," said Iger at the MoffettNathanson Media and Communications Summit in May. The development, which opens June 16, means a lot to Disney's chief, who became CEO in 2005 and is expected to depart the company when his contract expires in 2018. And the stakes couldn't be higher.
Jun-13-2016, 23:53:32 GMT