Disney (NYSE: DIS) established its first English learning center in Shanghai on October 14 and plans to expand its education business across China after 2009, reports China Business News quoting Disney English studies senior vice president and general manager Tang Anzu. The company is also considering testing the new business in Korea, Brazil and Russia in the future, said Tang.
The Shanghai center targets children ages two to ten with its seven Disney-themed classrooms. Maintaining an average class size of 12, the school can serve up to 950 students, said the report.
They’ve already broken ground in Shanghai and are sniffing butts with Korea. Which means….*whips out calculator and mumbles audibly*…if I add greed to the 5th degree, subtract impatience, and…carry the lack of due diligence….hmmm…looks like they’ll be opening up in Gangnam by the end of the year.
Source:JLM Pacific Epoch