This is one of those intriguing wire stories that's based on very scant information but gets picked up nonetheless. OK, here goes: A Bahrain newspaper is reporting that Saudi billionaire Prince Alwaleed bin Talal is in talks with investors to develop an $8 billion Disneyland theme park. That's billion. No clue on whether Walt Disney Co. itself is involved, but Bahrain has been trying to attract this kind of massive development - and there's certainly money to be had. Alwaleed, the world's eighth-richest man, indirectly owns 10 percent of Disneyland Paris operator Euro Disney (40 percent of which is owned by Disney).



Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.