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Dreams of 20th Century Fox Theme Park are Dashed... Fox Being Sued USD$1 Billion!

Dreams of 20th Century Fox Theme Park are Dashed... Fox Being Sued USD$1 Billion!
Nov 28, 2018
2:26 pm

by Mitchell W

THIS CANNOT BE HAPPENING!!!

The 20th Century Fox World project in Genting Highland is being ABANDONED!!!

We've been waiting for years and now this?!

WHY?!?!

Now Walt Disney Co and Twenty-First Century Fox Inc are being sued for over USD$1 Billion by Genting Malaysia Bhd for abandoning the project -- which btw, is killing all of us who were waiting anxiously for the grand opening -.-

What I heard was that Disney didn't want it to be in Genting Highlands cause it'll put the project right next to a casino -- which doesn't suit Disney's preference of being family-friendly...

Who knows if this is the truth or not but we're all now just feeling super-dismayed by this news...

Fox had issued Genting a contract-termination default notice in a manner that is "entirely consistent with Disney wanting to kill the deal"... -- and this is AFTER Genting has already invested over USD$750 million-plus into the project!

"Given that FEG had no right to terminate the Agreement, Fox and Disney are liable for what will exceed a billion dollars in damages attributable to the bad-faith behaviour of both Fox and Disney," the complaint said.

Guess we aren't gonna get our dreams of living the sweet Disney life after all... sad really...

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