Shanghai Disney to open doors next year

The opening of Shanghai Disney, previously expected to be at the end of this year, has been postponed until next spring, according to Robert Iger, chief executive of The Walt Disney Co.

The delayed opening is a combination of further attractions being added, costing an extra $800 million, and the benefits of moving the event closer to China's Lunar New Year holidays in early February, said bloggers following the announcement.

The massive theme park is a joint venture between Disney and China's State-owned Shanghai Shendi Group.