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  1. CarlySX is offline themeparX Top Investigator
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  2. Danstheboss is offline themeparX Top Investigator
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    The park may also feature Marvel and Six Flags’ intellectual properties!!!

    “Genting Malaysia is currently updating its development and construction plans to complete the outdoor theme park utilising both Fox and non-Fox intellectual properties. The outdoor theme park shall also be renamed” said the group in the filing.
    KUALA LUMPUR: After a major fall-out last year, Genting Malaysia Bhd’s much-delayed outdoor theme park is back on track and potentially even improved as not only will it feature some of the popular characters from 21st Century Fox, but possibly even a number of Marvel’s — another Disney-owned brand.
    Recently, it is understood that three parties, including Marvel and US-based theme park brand Six Flags, approached Genting Malaysia to take over the spot vacated by 21st Century Fox — prompting market speculation of Marvel’s involvement in the theme park.
    Source:https://www.theedgemarkets.com/article/genting-theme-park-back-track-what-marvel

  3. Are all the rides being renamed as well or does the IP still get to hold, it's just the park name that needs to be taken off?

  4. Danstheboss is offline themeparX Top Investigator
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    Great news!!!

    Genting Malaysia reaches settlement over outdoor theme park development

    Genting Malaysia is currently updating its development and construction plans to complete the outdoor theme park utilising both Fox and non-Fox intellectual properties.

    Genting Malaysia Bhd has fully resolved its dispute with Fox Entertainment Group Llc, Twentieth Century Fox Film Corporation, Foxnext Llc, Twenty First Century Fox Inc and The Walt Disney Company over the development of an outdoor theme park.

    In a filing with Bursa Malaysia today, Genting Malaysia said as part of the settlement terms, all parties had entered into a restated memorandum of agreement granting the company a license to use certain Fox intellectual properties.

    Following the settlement, all parties agreed to dismiss all claims and counterclaims between the parties in the pending legal action in the United States District Court for the Central District of California, it said.

    “Genting Malaysia is currently updating its development and construction plans to complete the outdoor theme park utilising both Fox and non-Fox intellectual properties.

    “The outdoor theme park shall also be renamed,” it added.
    Source: https://www.nst.com.my/business/2019/07/507357/genting-malaysia-reaches-settlement-over-outdoor-theme-park-development

  5. Only the local Chinese media/paper reported that Fox and Genting has signed deal to go ahead with Fox branding theme park.

    So far, not able to find any other local media/paper report it yet.

    https://www.sinchew.com.my/content/content_2089970.html

  6. Danstheboss is offline themeparX Top Investigator
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    May 2019
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    Genting Malaysia rises on sooner-than-expected theme park opening
    The brokerage now thinks the attraction could be opened in the first or second quarter of next year instead of in 1Q 2021, given that Genting Malaysia has embarked on an aggressive hiring program for the park.
    Source:https://www.theedgemarkets.com/article/genting-malaysia-rises-soonerthanexpected-theme-park-opening

    Genting Malaysia theme park might open 2020: Maybank
    That could possibly mean a first-quarter 2020 launch, on the basis that the casino group had recently been recruiting for its theme park division, and had previously mentioned a lead time of six to nine months between hiring staff and opening the facility.
    It added: “Over the last two weeks, Resorts World Genting took out full-page job advertisements for its theme park division in local newspapers.”
    At this point, we are unsure if Genting Malaysia will reconcile with Fox/Disney, partner other studios, share royalties with them or even operate the outdoor theme park on its own,” wrote Mr Yin.
    Source:https://www.ggrasia.com/genting-malaysia-theme-park-might-open-2020-maybank/




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