Crown Prince, Kuwaiti prime minister discuss strengthening bilateral ties in NEOM    911 emergency centers handle over 2.7 million calls in July    Civil Affairs proposes amendment to death reporting rules for resident expatriates    Commemorative stamp issued honoring Prince Khalid Al-Faisal    Saudi central bank submits new banking draft law to legislative authorities    Saudi report shows 97.7% of businesses have internet access, 57.7% use social media    Mohamed Yousuf Naghi Motors and alfanar partner to deliver seamless home EV charging solutions across Saudi Arabia Powering the future of mobility    Ministry launches Non-Profit Precious Metals and Gemstones Association to boost industry    Netanyahu asks Red Cross to help hostages in Gaza, as families warn against an 'expanding war'    Poland extends border controls with Germany, Lithuania until October 4 over migration concerns    New Zealand woman arrested after two-year-old found in luggage    Al Qadsiah sign Saudi starlet Musab Al Juwayr from Al Hilal    Salm Al-Dawsari returns to Al Hilal training after injury layoff    Pakistan monsoon death toll rises to 299, including 140 children    Saudi defender Saud Abdulhamid joins RC Lens on loan from AS Roma    Riyadh Comedy Festival tickets now on sale for world's biggest stand-up event    Sotheby's returns Buddha jewels to India after uproar    Riyadh Film Music Festival returns with live orchestral performances of iconic movie scores    Nissan Formula E Team celebrates a landmark season 11 with proud Saudi sponsor Electromin    Saudi Arabia approves first Alzheimer's treatment with lecanemab for early-stage patients    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Remember ‘Avatar'? Disney sure hopes you do
Published in The Saudi Gazette on 11 - 05 - 2017

You may not have thought much about the 2009 movie "Avatar" over the past eight years, but Disney sure has. The Magic Kingdom is wagering a reported half-billion dollars that you and zillions of other people will line up for new theme park attractions based on the movie's bioluminescent world of Pandora.
It's a major gamble, even by Disney standards. While the movie smashed box-office records thanks to its dazzling 3-D effects and higher 3-D ticket prices, it's also left little but a fading echo in pop-culture consciousness. There are no "Avatar" sequels, at least yet, and no spinoffs; memorable characters and catchphrases are also in short supply.
"I've never seen anybody ever walking down street wearing an Avatar t-shirt," says Martin Lewison, a theme park expert and business management professor at Farmingdale State College in New York. "There's no real emotional connection with ‘Avatar' among the public despite the movie being so popular."
CULTURAL PLUNDER
But theme parks are big business, and Disney is counting on what its executives call "Avatar Land" - the official name is "Pandora - World of Avatar" - to help keep that engine humming. In the fiscal year that ended in October, parks and resorts accounted for 31 percent of Disney's nearly $56 billion in revenue, though only 21 percent of its nearly $16 billion in operating profit.
Disney also wants to prove it can turn its newer cultural properties, which include "Star Wars" and the Marvel superhero franchise, into popular theme-park attractions. In that, it's basically playing catch-up with rival Universal Studios, which launched a hugely successful Harry Potter theme park in 2010.
Now the big question is whether Disney can pull that off with Avatar Land, or if it's just chasing unobtainium. (Yes, that's an "Avatar" reference . See?)
On Tuesday, Disney reported earnings of $2.39 billion for the quarter ended April 1, up 11 percent from $2.14 billion a year earlier. Revenues rose 3 percent to $13.34 billion in the period, up from $12.97 billion. Parks and resorts revenue rose 9 percent in the period to $4.3 billion; operating profit in the segment jumped 20 percent to $750 million.
Revenue at Disney's cable networks segment also grew, but operating income declined due to higher programming costs at ESPN. The sports network recently announced layoffs of about 100 employees.
ODD PROPERTY
James Cameron, the mercurial director famous for "Titanic" and several other blockbusters, has been promising "Avatar" sequels almost since the original premiered. One had been in development since 2010. Disney licensed the park rights in 2011, when a sequel didn't seem that far off.
Little did Disney know. In 2013, Cameron announced his intention to film three follow-on films simultaneously, for release starting in 2016. But the date was pushed back until 2017, then 2018. In March, Cameron said 2018 was "not happening ." In April, he announced the start of production on four sequels now scheduled to roll out from 2020 to 2025 .
That left Disney to plunge ahead on its own with Avatar Land, which opens May 27 at Disney's Animal Kingdom theme park in Florida. If all goes well, the park "will promote the films and the new films will of course circle back and promote the land," Lewison says.
But for the moment, Disney seems to be selling the opposite of such synergy. The company currently aims to wow parkgoers with attractions focused on the landscape and wildlife of Pandora, whether or not they remember the original movie. The primary rides showcase the world's creatures and plant life rather than characters or events from "Avatar."
Joe Rohde, the park's design and production leader, makes that disconnect explicit, describing the park as a way to visit part of Pandora that has nothing to do with the movie's clash between Pandora's blue Na'vi race and mineral-hungry human industrialists. Now, he says, "you're free to have your own adventure without worrying about what happened to somebody else some other time."
BEATING HARRY POTTER
One big reason the Walt Disney Co. has pushed ahead with Avatar Land - not to mention "Star Wars"-themed attractions scheduled to open in 2019 - is the rising threat posed by Universal's The Wizarding World of Harry Potter.
In 2015, about 138 million people visited Walt Disney Attractions, up nearly 3 percent from the prior year. Universal Parks and Resorts saw less than a third as many visitors - 45 million - but that figure was up nearly 12 percent, according to the trade group Theme Entertainment Association .
"What Harry Potter did was to become a big public success and financial one as well," says John Gerner, managing director of theme park consulting firm Leisure Business Advisors. "It really set a new bar for our industry."
Of course, Avatar is a very different brand than Harry Potter, which has launched nine feature films to date, including an entirely new series whose second installment is due next year - well before the first "Avatar" sequel.
In that sense, the main event may really begin in 2019, when Disney is scheduled to open two new "Star Wars" parks at Disneyland in California and Walt Disney World in Florida. Universal Studios plans Nintendo-themed attractions at its parks in Florida and Japan beginning in 2020.
"There's a rule in the theme-park industry right now, ‘Keep building, keep building up capital infrastructure,'" says Lewison. "That is driving attendance - everybody wants to go check out all the new stuff." — AP


Clic here to read the story from its source.