UPDATE: Walt Disney Company Takes Full Ownership of Disneyland Paris

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In a rather exciting piece of new, the Walt Disney Company has successfully taken full ownership of Disneyland Paris.

In order to take full ownership, France’s laws require Disney to own more than 95% of the stock. After offering a buyout to existing shareholders that ended last week, Disney reached 97.08% ownership which will now allow them to take full ownership of the entire resort for the first time in its 25 year history. The remaining shareholders will see their shares automatically redeemed at the price of €2 each.

Before the buyout, Disney stated that this deal “affords maximum flexibility to shareholders, addresses the group’s financial needs and reflects its ongoing support for the long-term success of Disneyland Paris”. To this end, Disney said it will support Euro Disney’s recapitalization to the tune of 1.5 billion euros. This follows a 2014 rescue plan in which Disney committed to at least 1 billion euros over 10 years.

Disneyland Paris racked up a net loss of 858 million euros (over $900 million) in 2016 after the terrorist attacks in Paris in late 2015 led to a downturn in the tourism industry across France.  Additionally, the European economy hasn’t been been kind to businesses across the continent.  In 2015, the company recorded a net loss of 102 million euros.  The financial saga of Euro Disney is frequently discussed in most writings about the resort, including the recently released “Building Magic – Disney’s Overseas Theme Parks” and the earlier “Once Upon an American Dream: The Story of Euro Disneyland“.

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About the author

Tom Corless

Tom has been regularly visiting the Walt Disney World® Resort from the time he was 4 months old. While he has made countless visits in the last 28 years, he did not become a truly active member in the Disney fan community until the summer of 2007, when he decided to launch the WDW News Today website and podcast. Tom has since become an Orlando-local and is a published author on Walt Disney World.
Contact Tom at [email protected]

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That one Disneyland Paris fan
Guest
That one Disneyland Paris fan

I hope this means that they will redo the Studios park from its original theme of concrete.

Pierre Escargot
Guest
Pierre Escargot

SENSATIONNEL… Passionnant… Je ne peux guère contenir mon excitation…Cela résoudra certainement tous les problèmes qui ont été en proie à ce parc depuis son ouverture. Mieux vaut tard que jamais, n’est-ce pas? Qu’en est-il d’une attraction Brave Little Toaster aussi?

Erik Moonen
Guest
Erik Moonen

This is fantastic news for me as a DLRP fan. What should have been solved 20 years ago is finally happening now. But it is not over yet because the AMF in France has to support the takeover. But I guess that is just a formality now. Cheers to a bright future for this beautiful but often neglected resort!

Alibos
Guest
Alibos

Thank goodness for that. It’s such a shame that it began to get so neglected and hopefully it can now be updated and returned to it’s original glory!

Leoma Lovegrove
Guest
Leoma Lovegrove

Not a minute too soon. My husband and I have been going to Paris for nearly 15 years and decided to go to Disneyland Paris the last two days of our trip last month. The entire experience was so bad I literally lost my will to live. There is a Long list of The bad experiences we shared and I have been preparing a major review for trip advisor giving the park the worst rating possible. But now that I have heard that Disney will bring the magic back to Paris Disneyland then I will hold off my review. Disney… Read more »

Say what?
Guest
Say what?

I’m not surprised they laughed at you, asking for a “US representitive”. Disneyland Paris isn’t a US embassy. Europeans have a joke about Americans being very entitled when they’re abroad and you clearly fitted that stereotype precisely. No wonder they laughed. Why on earth would you ask for a “US representative” at a theme park in France is beyond me.

Dave
Guest
Dave

Yeah, but ask any European and they will tell you that the French are rude to everyone dispite country of origin. Read reviews on trip advisor you will see comments from Brits as well commenting on the rude employees.

Leoma
Guest
Leoma

With a company called Disneyland I would expect Disney to have an American Representive. We were given the impression that it was owned by Disney.

Andrea
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Andrea

I burst out laughing when I read this post – no wonder Americans have such a bad reputation!

Andrew
Guest
Andrew

I went to the Louis Vuitton store in NYC and asked for a French representative because the American employees could not pronounce the brand right.

Ronald
Guest
Ronald

I went to Mcdonalds and asked for a French Representative because my French fries weren’t crispy enough!

Dave
Guest
Dave

A US representative?!?!? Hahahaha. Well, I would have laughed too. You probably gave them a story to tell each other in the bar that night anyway. Entitled and uncultured Americans abroad. Fantastic.

Sean
Guest
Sean

“…convey the right meeting.”? Yes, hard to convey the right meaning when you don’t use English words properly to someone of a different language. It was probably hard for them to translate when you use incorrect words. And if you want to help with marketing, apply online to work for them. People are pretty aware of their brand. Seriously, what made you think that they would have a US representative there? Because, “Our American history”? And you would have left the resort to fly to California to go to Disneyland and then after, fly back to Paris? You are why… Read more »

Kristine Coruth
Guest
Kristine Coruth

I wish that Disneyland Paris will add a soarin attraction and tron light cycle power run coaster in discoveryland.

TGR
Guest
TGR

Don’t jump the gun. They still have to apply to the AMF for the mandatory takeover, it could still get rejected! 20th of June we will definitely know.

Connie
Guest
Connie

My husband and I went there for our 25th wedding anniversary and have never been back. It was horrible.
In 2019 we will celebrate our 50th anniversary. Maybe now we will go back. Especially if you send us money for plane tickets and the rest.

Dave
Guest
Dave

I’m not surprised that Disneyland Paris has had attendance problems since opening. Why in the world would you choose to build in a country that is notoriously hostile to American culture. They should have built in Spain which was the other option on the table. Better weather and friendlier people would have gone a long way to draw tourists from other parts of Europe.

Andrea
Guest
Andrea

Every time I’ve been to Spain it’s poured with rain. Every time I’ve been to DLP it’s been dry, bright, sunny and warm.

Dimo
Guest
Dimo

Coulda, woulda, shoulda. Of course, now in hindsight it would make more sense to put the park in Spain. But turn back time 30 years. Barcelona wasn’t the tourist hot spot of today, cheap flights across Europe didn’t exist, the concept of a theme park resort was unknown to Europe (cue financial catastrophe with the DLP hotels). So at least you needed a destination that lots of people could reach by car within reasonable driving hours – and people from countries with enough money to spare for a visit to Disneyland: France, UK, Germany, Switzerland, BeNeLux, etc. And don’t forget… Read more »

Andrea
Guest
Andrea

Brilliant news. Hopefully it’ll mean DLP won’t be looked down on as a ‘second class’ park by so many people any more.

Max
Guest
Max

I cannot understand that so many people are complaining about DLP. It is *not* a copy of any of the American parks. I’ve just been in Anaheim and even there, the Railroad, the Monorail and the Mark Twain were not running. I had to experience two break downs (Indiana Jones and Cars) and in California Adventure the remodelled Tower Hotel was closed. The rest of California Adventure is nice, but it is definitely *no* park in which I got a real Disney feeling… And the “best” of all: It cost $174 for both parks for one day! And no compensation… Read more »

DisneyPrincess
Guest
DisneyPrincess

We were recently there in March. The only complaints I have are with the hotel resorts… but I am not impressed with the standard of clean and upkeep in Europe to begin with. The staff was very friendly. I felt safe because security checkpoints were stationed before Downtown Disney and the Parks… so everything was enclosed. The food could have been better. The park was clean and inviting. I would go back tomorrow if I could.

Mary D.
Guest
Mary D.

We just got back from two full days at Disneyland Paris to celebrate my husband’s 56th birthday. We are big Disney fans (and shudder, Americans). We both grew up in the west part of the US and as children spent many happy visits to Disneyland. Throughout our 30 years of marriage, we have spent two major anniversaries with Disney (Anaheim and Orlando). So we are not Disney “virgins.” This was our first visit to Disney Paris and we loved it! Sure some of the rides broke down. But we were given fastpasses to come back. Luckily in every case (it… Read more »