Today it was revealed that Disney now owns 97.08% of Disneyland Paris and are moving towards total control ASAP. The news was first revealed by ED92 over on twitter:
Official AMF Press Release confirming 97.08% ownership of Euro Disney by The Walt Disney Company. A mandatory buyout procedure will follow. pic.twitter.com/EA6qBKnrFN
— ED92 (@ED92live) June 13, 2017
When we last reported on this back in February, Disney owned 76.1% of the total shares so you can see just how much work has gone into securing the rest in such a small space of time. This now gives The Walt Disney Company authority to claim full ownership of the resort.
In terms of how I see this move, its massively positive. Though I hate to admit it, Disneyland Paris is by far the most underdeveloped Disney property and this move is likely going to get Disney to invest some serious money into new attractions for the resort.
Here’s hoping that Disney bring exciting new attractions, make improvements to the infrastructure of the resort itself (WiFi anyone?) and up the game in terms of restaurants. Imagine a similar expansion to ones we have seen recently in Walt Disney World such as New Fantasyland and Pandora – The World of Avatar.
Are you a fan of this move? Let us know in the comments below!