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I half agree with you.


In 2014, Disney's Parks & Resorts (P&R) revenue was $15.1B.  Studio Entertainment was $7.3B.  Breaking down those numbers further, international P&R revenue (DLP and HKDL, with relatively small royalties from TDL) was $2.8B while world-wide theatrical distribution revenue was $2.4B.  Don't underestimate Disney's international P&R business ("nothing to do with small potatoes like a single site theme park").  Those "small potatoes" international parks outdrew Disney's entire world-wide motion picture rentals.


I agree with you; China potentially represents a tremendous new market for Disney to sell its portfolio.  However, it would be a mischariteration to suggest that Shanghai Disneyland is "small potatoes".


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