http://www.businessweek.com/ap/finan.../D8P999N80.htm

Universal Parks & Resorts and a local partner signed an agreement Tuesday aimed at establishing a Universal Studios theme park in South Korea that they want to see up and running in 2012. Other than the proposed date for opening the park, other details were vague, including how much the project might eventually cost. No site has been decided and financing remains in the planning stage, officials said. Universal Parks & Resorts, a division of General Electric Co.'s NBC Universal, operates Universal Studios theme parks in Orlando, Florida, and Hollywood, California, in the United States, as well as in Osaka, Japan. The parks include attractions based on Universal films including "E.T. The Extra-Terrestrial" and "King Kong," as well as movies made by other studios such as "Spiderman" and "Shrek."