CEO: It will be 'both authentically Disney and distinctly Chinese'
(NEWSER) - After a long wait , Mickey’s new home in China is officially under construction. The iconic mouse joined Disney CEO Robert Iger and top Shanghai officials—as well as Goofy, Princess Jasmine, and other friends—for a groundbreaking ceremony today at the future site of Shanghai Disneyland, the Los Angeles Times reports. The $3.7 billion undertaking marks “a defining moment in our company's history,” Iger told crowds. It will be “both authentically Disney and distinctly Chinese.” More»