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Off season rates ? French human resource practices ? New Chairman Gilles Pelisson Restructuring Debt ? 1994, Creditors offered halt on interest payment ? Investment by Saudi Arabian Prince ? Strategy of cost cutting ? Royalties begin in 1999 “EuroDisney was an ugly duckling in the beginning… and Disneyland Paris is being a beautiful swan.” 。Presented By: Sharon Churchill Neil Fairman Brenda Michaud Barbara Munro Joanne Nichting Disney’s $tructure ? Earnings ? 1996 Revenues were $ billion ? 1997 Revenues were $ billion ? 1997 Revenue from international sources were $ billion ? Solid financials ? 29% stock value increase since 1984 Disney’s $tructure ? Horizontal and Vertic