Friday, July 30, 2010

Reliance Bringing Universal Studios Theme Parks To India?

The Wall Street Journal reports that Reliance Ada Group is negotiating with Universal Studios to replicate its movie-themed amusement parks in India. The result would be a $1.5 billion new park that covers 400 acres --in either New Delhi or Mumbai--and would combine Universal park attractions with others devoted to Bollywood films. Universal would take a licensing fee for its branded attractions that include themed attractions involving such Marvel Comics characters as Spider-Man, The Hulk and Doctor Doom--deals made well before theme park rival Disney bought Marvel--as well as Dr. Seuss attractions. There are also the venerable rides based on the films of Reliance's DreamWorks partner Steven Spielberg--who gets a cut of theme park receipts--with Jaws, E.T. and Jurassic Park.

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