×

Is Warner Planning a ‘Harry Potter’ Theme Park for Tokyo?

Warner Bros. may be planning to open a theme park dedicated to Harry Potter in Tokyo.

Japanese financial media this week reported that Japan’s Seibu Holdings is in talks with Warner Bros. and the Tokyo metropolitan government to replace its Toshimaen amusement park in Nerima, Tokyo.

Tokyo mayor, Yuriko Koike subsequently told reporters that “negotiations are underway,” but declined to offer details, including the identity of the negotiating partners. “We are not likely to be commenting,” a Warner Bros. spokesman told Variety.

The reported plan is to shutter the Toshimaen park, which has been a Tokyo institution since 1926, in stages, starting this year. In its place will rise a new Harry Potter park tentatively set to open in 2023. It will have studio sets that visitors can tour, but not rides, similar to Warner’s Harry Potter attraction in London.

Meanwhile, the Tokyo government will reportedly use most of Toshimaen’s land as a public park that can also double as an evacuation site in the event of a major disaster.

Seibu, Warner and the Tokyo government have yet to publicly clarify the park plans, including a sale price. It is reported that the 200,000 sq.-meter Toshimaen site has a book value of $80 million. A formal announcement is expected sometime this spring.

Globally, there are no theme parks that are wholly dedicated to the Harry Potter phenomenon. But rights have been licensed to Universal for use in parks including its Islands of Adventure site in Florida and Universal Studios Hollywood, where The Wizarding World of Harry Potter section opened in 2016.

Some $413 million (JPY45 billion) was spend adding Harry Potter facilities to Universal Studios Japan, which is located in Osaka, 315 miles (506 km) to the West of Tokyo. These opened in 2014.

The Toshimaen Park was once packed in the summer with kids and their families enjoying the swimming pools, rides and other attractions. But from a peak of 3.9 million admissions in 1992, visitors have steadily declined, falling to 1.12 million admissions in 2016, the most recent year for which figures are available.

 

More Biz

  • 20190702_788LCDP_S4_tamaraarranz_DSC_9303.nef

    Spanish TV Industry Adjusts to Harsh Realities of the Coronavirus Crisis

    The Spanish TV industry has been shaken by the dramatic impact of the coronavirus crisis, but it is fighting back. Industry players have reacted fast, pushing forward with development, post-production and other business activities using online tools, and with the expectation of supporting funds from both public and private initiatives that will mitigate the effects [...]

  • Bob Chapek Bob Iger Disney

    Bob Iger to Give Up Salary, Other Senior Disney Executives to Take Pay Cuts

    Disney has joined the list of companies implementing sizable pay cuts for senior executives amid the upheaval caused by the coronavirus crisis. Bob Iger, who shifted from chairman-CEO to executive chairman last month, has opted to forgo his salary for the year. Bob Chapek, who succeeded Iger as CEO, has taken a 50% pay cut. [...]

  • Universal Music Group

    Universal Music Group Announces Coronavirus-Relief Initiatives

    Universal Music Group today announced several initiatives to bring relief to musicians, its employees and the music industry in the wake of the coronavirus pandemic that in a short time has devastated so much of the global economy. It also pledged to assist its artists in their charitable efforts The non-UMG effort comes in the [...]

  • Dubai Expo

    Expo Dubai, Scheduled for October, Set to Be Postponed

    The highly anticipated Expo Dubai is expected to be postponed by one year due to the coronavirus pandemic. A formal announcement about the world fair — which showcases the arts, business and technology — is expected shortly, following meetings between U.A.E. officials and representatives of 192 participating countries. On Monday, the event’s steering committee convened [...]

  • Tiger King

    Global Content Trends Reveal Unscripted Boom, Surge in Female-Led Dramas

    Against the backdrop of a global pandemic, during which millions of self-isolating individuals are tuning into home entertainment, the trends shaping global content have never been more evident. Recent findings by London-based media research firm Ampere Analysis, which delivered a presentation as part of virtual event MIPTV Plus, reveals an unscripted boom among streamers (best [...]

  • MIDEM 2020 Conference Cancelled, Reboots as

    MIDEM 2020 Conference Cancelled, Reboots as Digital Edition

    Reed MIDEM announces that Midem 2020, which was due to take place June 2-5 in Cannes, is cancelled due to concerns about the coronavirus. The next edition of Midem will take place June 1-4, 2021, in Cannes, the organization said. “The situation related to the coronavirus is changing daily, as are government announcements and restrictions. [...]

  • The Olympic Rings adorn an event

    Olympic Games Set New Dates in July 2021

    Organizers of the Olympic Games said Monday that the new summer games will take place in July and August 2021, exactly a year after the cancelation of Tokyo 2020 due to the coronavirus outbreak. The Summer Games will be held July 23, 2021 to Aug. 8, 2021. The Paralympic Games will run Aug. 24, 2021 [...]

More From Our Brands

Access exclusive content