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MGM Studio World to be constructed in China

Metro-Goldwyn-Mayer Studios has licensed the rights to develop and construct MGM Studio World in Shanghai, China. Shanghai Tianhong Real Estate and Hong Kong-based Tengxun Entertainment Management have ponied up US$157 million to finance the construction of the new MGM-branded lifestyle center.
May 22, 2007

Metro-Goldwyn-Mayer Studios has licensed the rights to develop and construct MGM Studio World in Shanghai, China. Shanghai Tianhong Real Estate and Hong Kong-based Tengxun Entertainment Management have ponied up US$157 million to finance the construction of the new MGM-branded lifestyle center.

The proposed site sits in the southern part of the Putuo District in Shanghai. Once completed, 200,000 square-foot park will feature dining, unique retailing and night-time entertainment. The entertainment complex is scheduled to open in the summer of 2010 to coincide with the World’s Fair Expo taking place in China at the same time.

About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com

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