Paramount says to open first theme park in Europe in Spain
Saturday 11 September 2010
Paramount Pictures said Friday it has reached a deal to open its first theme park in Europe in Spain, the world's third most visited country, which will create thousands of jobs.
In a statement, Paramount Licensing said it "will not be an investor in the project but will licence intellectual property from its vast library of films and provide conceptual master planning and design for the project."
The park will be located in the southeastern region of Murcia on the Mediterranean coast at a yet-to-be disclosed date, it added.
"More details about the project will be announced in the next few months," the statement said.
Paramount Pictures is a unit of US-based media conglomerate Viacom Inc.
Rival US media conglomerate Time Warner runs a theme park, Warner Bros Park, in the town of San Martin de la Vega located just south of Madrid which opened in 2002.
Spanish media reported that Paramount's planned theme park will create some 20,000 jobs and will attract nearly three million tourists each year.
Spain's unemployment rate hit 20.09 percent in the second quarter, the highest level in the 16-nation eurozone and its highest reading since 1997 as the collapse of a property bubble continued to take its toll.
Spain received 52.2 million visitors last year, making it the thrid most visited country in the world after France in the United States, according to data from the Madrid-based United Nations World Tourism Organisation (UNWTO).
The Independent travel offers: Discover a world of inspiring destinations
- 1 Scottish independence: Ireland since 1919 is a lesson for Scotland in what a Yes vote means
- 2 Thailand deaths: Pair's bloodied bodies found naked on Koh Tao beach
- 3 Lego breaks out of the toy box and heads for the gallery
- 4 Vogue under fire for 'Big Booty' article
- 5 Julian Assange and Edward Snowden join piracy mogul Kim Dotcom’s political campaign in New Zealand
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
Salmond accused of laughing off national debt with ‘what are they going to do: invade?’ joke
Basic of £18,000 + commission, realistic OTE of £30-£50k : Ocean Holidays: Le...
£20 - 26k + Benefits: Guru Careers: A Marketing Executive / Member Services Ex...
£15,000 - £25,000: Recruitment Genius: A fantastic opportunity has arisen for ...
£30000 - £45000 per annum + Bonus+Benefits+Package: Harrington Starr: VB.NET a...