Competition
Universal Studios South Korea will be entering a competitive market, with both established theme parks and others future projects announced by rival studios. The day before the park was made public, MGM had announced plans for a future park in Shanghai, China, which itself was unveiled after Viacom subsidiary Paramount Pictures announced it was exploring the potential for its own theme park near Seoul. Each of these parks would be going up against two popular local parks, Everland and Lotte World. Everland hosted 7.5 million guests in 2006, ranking it fourth in Asia behind the two Tokyo Disney Resort parks and Universal Studios Japan, while Lotte World attracted 5.5 million guests to land in fifth place.
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Famous quotes containing the word competition:
“Knowledge in the form of an informational commodity indispensable to productive power is already, and will continue to be, a major—perhaps the major—stake in the worldwide competition for power. It is conceivable that the nation-states will one day fight for control of information, just as they battled in the past for control over territory, and afterwards for control over access to and exploitation of raw materials and cheap labor.”
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