Los Angeles, May 20, 2015 /PRNewswire/ -- On May 11, 2015, U.S. time, Dream East Entertainment Co., Ltd., a subsidiary of Tianyang International (00593.HK), signed a strategic cooperation agreement with U.S. Palace Entertainment Management. The U.S. Palace Entertainment Management will provide consulting services and strategic advice for the market analysis, project planning, and intellectual property (IP) aspects of Dream East’s theme park and resort projects. This collaboration is of great significance for the market research and implementation of Dream East’s theme park projects, advancing the goal of “bringing Chinese culture to the world.” It also reflects Dream East’s commitment to integrating the world’s top talents and resources to build the best theme parks globally.
U.S. Palace Entertainment Management is one of the largest park operators in the United States, owning and operating 22 projects across the country, including theme parks, water parks, animal parks, and family entertainment centers. Founded in 1998, U.S. Palace Entertainment Management was acquired by Spanish Parques Reunidos Group in 2007. The Spanish Parques Reunidos Group is the second-largest theme park operator in Europe and ranks fifth among the world’s top 10 theme park operators. It operates 56 parks across 12 countries in Europe and the Americas, located in Spain,Belgium,Norway,Denmark,France,Italy,the United Kingdom,Argentina, and others, offering a range of valuable services at different stages of leisure park development—from early-stage consulting to operational management and park running.
Dream East is a Chinese cultural and entertainment brand under Tianyang International (00593.HK). It is a brand established after 12 years of research and practice, marking Tianyang’s full entry into the cultural industry. Dream East is dedicated to building a comprehensive cultural industry chain platform—Dream East Cultural City—that integrates cultural entertainment creation, presentation, and experience. Leveraging proprietary Chinese cultural IP, it aims to integrate global talent, technology, and advanced management concepts. Using internet thinking to revolutionize the traditional industry model, Dream East aspires to become a world-class cultural entertainment brand and bring Chinese culture to the world.