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    Genting Skyworlds' stunning new website

    https://www.gentingskyworlds.com/
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    Recent updates:







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    Genting SkyWorlds’ official ig page:
    https://instagram.com/gentingskyworlds

    www.gentingskyworlds.com is now accessible.
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    Resorts World Genting theme park

    In light of the current global uncertainty, Genting Malaysia made the following statement regarding the theme park. “In Malaysia, we remain focused on the timely completion of the outdoor theme park as ongoing development works approach its final stages.”

    “Pre-opening arrangements for the theme park are currently underway as the group prepares to capitalise on the growth in visitation once the domestic and regional tourism sector recovers.”

    RWG theme park late 2020 opening

    The new outdoor theme park, which is being built at Resorts World Genting, was expected to open in the third quarter of 2020. The cost of the theme park was forecasted to go beyond $700 million.

    The park is expected to have 20 rides using Fox IP, with suggestions that there might be five more rides using IPs from different studios. Two rides may run underground.

    In early 2019, Fox made a counterclaim against Genting Malaysia Bhd for US$46.4 million in an ongoing case surrounding the theme park.

    Genting Malaysia then reached a settlement agreement with 21st Century Fox and The Walt Disney Company over the theme park. The dispute was fully resolved and allows the park to use Fox IP, but it will no longer be called ‘Fox World’.
    Source: https://blooloop.com/news/genting-malaysia-theme-park-rwg-covid-19/
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    Management is confident that the OTP will open by 3Q20 (in line with our assumption) and stated that it is currently restarting the process that was stopped last year.

    Genting Malaysia to finish all construction work on the theme park by 1Q20 in order to fully test all rides and provide Fox Disney the chance to provide final certification.

    It is expected that the theme park will have 25 rides when complete, some of which will utilize Fox intellectual properties as part of a recent settlement agreement reached between Genting Malaysia, Twenty-First Century Fox Inc and Walt Disney Co.

    For the remaining five rides, Genting Malaysia may employ intellectual properties from other studios but has not decided on which ones yet. This is why the outdoor theme park cannot reassume its previous name, 20th Century Fox World.
    Source: https://www.asgam.com/index.php/2019/10/22/costs-rise-for-genting-malaysia-but-highlands-theme-park-on-track-for-3q20-launch/
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    4. Genting Malaysia is on track to launch its outdoor theme park in 3Q next year, with day passes expected to be priced at around RM200/day.
    Source: https://www.theedgemarkets.com/article/evening-5-five-things-you-need-know-today-45
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    An interesting article by a Malaysian about how Genting fought Fox and Disney over the termination of licensing of Fox’s IP. Luckily, all the parties have reconciled and entered into a new agreement. The park is finally going to launch sometime in 2020

    https://asklegal.my/p/genting-disney-fox-theme-park-intellectual-property-lawsuit
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