Wax factor.Merlin Entertainment's $1.9 billion acquisition of famed wax museum wax museum n. A place where life-size wax figures, usually of famous people, are exhibited. company Madame Tussaud's won't slow down plans for Hollywood's second wax palace. Merlin is majority-owned by private equity group Blackstone and operates 38 attractions worldwide, including four Legolands, one of which is in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. County. Blackstone representatives said the deal would keep Tussaud's growth plans on track and could in tact speed up the opening of Hollywood's second wax museum. Plans call for a $55 million, 40,000-square-foot Tussaud's museum to be located on the corner of Hollywood Boulevard For uses other than the original street, see Hollywood Boulevard (disambiguation). Hollywood Boulevard is a boulevard in Hollywood, Los Angeles, California, United States, beginning at Sunset Boulevard in the east and running northwest to Vermont Avenue, where it straightens out and Orange Drive, where there is currently a parking lot directly west of the Mann Grauman's Chinese Theater Grauman’s Chinese Theater famous for the imprints of movie stars’ footprints in its forecourt. [Am. Cinema: Payton, 284.] See : Fame . The Hollywood Wax Museum The Hollywood Wax Museum is located in the heart of the tourist district of Hollywood, California, USA, at 6767 Hollywood Blvd. The museum, the brainchild of entrepreneur Spoony Singh, was opened in 1965,[1] has been at 6767 Hollywood Blvd. since 1965. Pending city approval, work would start work this year and complete the museum by late 2008. To draw local customers to the attraction, Tussaud's will spend about $1 million a year developing temporary exhibits based on current theatrical releases, in partnership with studios. Staff reporter Anne Riley-Katz can be reached at (323) 549-5225, ext. 225, or at arilley-katz@labusinessjournal.com. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion