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Live Trading News > Blog > Stocks > Dow Jones > Sony Pictures Setting Up Columbia Pictures-themed Amusement park in Thailand
2021

Sony Pictures Setting Up Columbia Pictures-themed Amusement park in Thailand

Paul Ebeling
Last updated: April 6, 2021 8:54 pm
Paul Ebeling
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#Thailand #Aquaverse

$SNE $DIA $SPY $QQQ $RUTX $VXX

Sony Pictures Entertainment, a unit of Sony Group Corporation (NYSE:SNE) has teamed up with Thailand’s Amazon Falls to set up an amusement park based on productions from its Columbia Pictures studio the companies said Tuesday.

The 14-acre Columbia Pictures’ theme and water park, Aquaverse, will be open for public from October and feature rides and attractions based on the studio’s popular movies including “Ghostbusters”, “Jumanji”, “Bad Boys”, “Men in Black” and “Hotel Transylvania”.
“We are creating opportunities for all audiences around the world to immerse themselves deeper into our stories through water parks, touring exhibitions, and theme park attractions,” said Jeffrey Godsick, Sony Pictures Entertainment’s Executive VP of global partnerships and brand management and head of location based entertainment.

“We did a tremendous amount of research around the world, and there’s a hunger from audiences as long as they feel safe,” he said.

Thailand’s Eastern Economic Corridor is enthusiastically welcoming the coming attraction, which it hopes will “set new standards for immersive entertainment” in the area.

“The project is going to play a Key role in reshaping the growth dynamism in the EEC,” said Secretary-General Dr. Kanit Sangsubhan in a statement. “The theme park will be a Key component in our EEC Smart City development plan, and EEC will provide our full support, including 5G services and other infrastructure, digital technology, transit links, and partnership with clean energy and investment promotion package to ensure the success of the project and help create a long-term sustainable development in the EEC.”

The theme park will have both land and water-based attractions for guests of all ages.

The theme park is located in Thailand’s seaside town of Bangsaray and it is expected to open this October, “COVID be Damned”.

Tuesday, the benchmark US stock indexes finished at: DJIA -96.95 to 33430.24, NAS Comp -7.21 to 13698.41, S&P 500 -3.97 to 4073.94

Volume: Trade on the NYSE came in at 866-M/shares exchanged

HeffX-LTN’s overall technical analysis of the major US stock market indexes is Very Bullish in here.

  • Russell 2000 +14.4% YTD
  • DJIA +9.2% YTD
  • S&P 500 +8.5% YTD
  • NAS Comp +6.3% YTD

JOLTs – US Job Openings report showed job openings increase to 7.367-M in February from 7.099-M in January

Looking Ahead: Investors will receive the Trade Balance for February, Consumer Credit for February, the FOMC Minutes from the 16-17 March meeting, and the weekly MBA Mortgage Applications Index Wednesday.

Have a healthy day, Keep the Faith!

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TAGGED:AquaverseColumbiaDIAFOMCinvestorsjobsJOLTSparkQQQRUTRUTXSNESonySPYThailandVIXVXX

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By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
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