Push Admin

Viacom withdraws from Nickelodeon project in Palawan

Article (news)

ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2017/news/08/22/coral-park-082217.jpg?ext=.jpg"/><figcaption>Image of Coral World Park project in Palawan courtesy of Coral World Park/Moñozca Foundation website</figcaption></figure></div>Viacom International Media Networks (VIMN) will no longer pursue the controversial Nickelodeon theme park in Palawan.In a statement released Tuesday, Viacom said it has reached an agreement with <a href="http://www.coralworldparkexperience.com/411332504">Coral World Park</a> to discontinue the licensing agreement for the theme park.&quot;Viacom International Media Networks (VIMN) has mutually agreed with Coral World Park to discontinue the IP licensing agreement for the Nickelodeon-branded attraction and resort that was intended to be part of Coral World Park’s planned development in the western Philippine province of Palawan.&quot;&quot;Therefore, VIMN and Nickelodeon will no longer be involved with this proposed development. We wish Coral World Park well,&quot; VIMN also said.The project, which was <a href="http://news.abs-cbn.com/life/01/10/17/nickelodeon-to-build-underwater-theme-park-in-palawan">announced</a> earlier this year, was met by criticisms from <a href="http://news.abs-cbn.com/news/01/11/17/environmentalists-protest-nickelodeon-underwater-park-in-palawan">environmentalists</a> and other groups, noting that the project could destroy the area&#x27;s marine ecosystem.

Viacom International Media Networks (VIMN) will no longer pursue the controversial Nickelodeon theme park in Palawan.

Viacom International Media Networks (VIMN) will no longer pursue the controversial Nickelodeon theme park in Palawan.