Paramount signs licensing pact for UAE theme park

Newswire

LOS ANGELES, June 25 (Reuters) - Film studio Paramount Pictures on Monday said it agreed to let Middle East real estate company Ruwaad Holdings build a theme park in the United Arab Emirates using its hit movies such as "Titanic." The licensing deal follows a similar pact unveiled in May between Paramount, a unit of U.S. media giant Viacom Inc and South Korea's Daewoo Motor Sales Corp , which is building a $1 billion theme park south of Seoul using Paramount movies, characters and content ...

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