Hershey buys Magic Kingdom - Uncle Walt's Insider

Hershey buys Magic Kingdom

Kisserella Castle at Hershey Kingdom Park in Orlando. Photo [CC0] via Pixabay.

Chapek: “Hey, it makes money for the shareholders.”

HERSHEY, PA — In a joint press conference, Disney CEO Bob “Bob” Chapek and Hershey President & CEO Michele Buck announced yesterday that Disney will be selling the Magic Kingdom theme park to Hershey.

“It’s a win-win, as far as I see,” Chapek said. “Hershey gets the number one theme park destination in the world. And Disney gets money. Lots and lots of money!”

Just the beginning

Chapek hinted that more sell-offs were in the works.

“Oh, not all to Hershey, no. Busch Gardens has had its eyes on Animal Kingdom for some reason, Universal is looking to buy the Studios, and Silver Dollar City wants a piece of Disneyland Texas. There’s a buyer interested in every Disney park except California Adventure, but we hope to unload it to Six Flags in a bundle with Tokyo DisneySea.”

Meanwhile, efforts to boot Chapek as CEO have suddenly gone into overdrive. Check back here for more on this ongoing story.

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Cover photo: Kisserella Castle at Hershey Kingdom Park in Orlando. Photo [CC0] via Pixabay.