Twentieth Century Fox Consumer Products and Village Roadshow Plan for World Class Theme Park in Korea
Governor Hong Joon-pyo, Gyeongsangnam-do Province,Jeffrey Godsick, president of Twentieth Century Fox Consumer Products, and Tim Fisher, CEO of Village Roadshow Theme Parks, announced the signing of Memorandum of Understanding (MoU) agreements to plan for Korea’s first international theme park and resort destination, Twentieth Century Fox World, at 11:00 KST,July 16, 2014 at the Foreign Correspondents’ Club of Korea Press Foundation. The proposed park will be part of a larger development in the Republic of Korea known as the Ungdong Entertainment Complex.
Initial plans for Twentieth Century Fox World Korea include a theme park spanning more than 75 acres of land and will be part of a 700 plus acre leisure resort and development that will bring to life a fully immersive entertainment experience featuring some of Fox’s most recognized and beloved film and television brands. The park will be located in the Ungdong Area of Busan-Jinhae Free Economic Zone, Jinhae-gu, Changwon City. Operating partner Village Roadshow, one of the leading independent entertainment companies in the world, joins the group as a design and development consultant, and the manager of the studio theme park.
“Korea provides a unique opportunity for an international theme park destination that will be incredibly attractive to both a thriving domestic consumer as well as a quickly growing tourist market from China, Japan and across Asia,” said Jeffrey Godsick, president of Twentieth Century Fox Consumer Products. “Our efforts in working with the Gyeongsangnam-do Provincial Government for a Twentieth Century Fox World theme park in the Republic of Korea illustrate our commitment to growing our global entertainment destination brand and a monumental step to further engage and connect with our audiences in key markets.”
The announcement of the plans to develop Twentieth Century Fox World Korea joins a host of groundbreaking location based entertainment announcements from Twentieth Century Fox Consumer Products. Fox Consumer Products recently announced Fox’s first ever theme park, Twentieth Century Fox World, set to open inMalaysia in 2016. The park will feature a fully immersive entertainment experience featuring some of Fox’s most recognized and powerful film brands. Fox Consumer Products also announced the expansion of Springfield at Universal Studios Hollywood, coming in spring 2015, and has seen great success with the expansion of Springfield USA in August 2013, a full immersive experience for fans of The Simpsons at Universal Orlando resort.