Disney Company reached the 95% threshold required for a mandatory takeover according to French law, owning 97.08% of Euro Disney S.C.A., paving the way for The Walt Disney Company to become the sole owner and operator of Disneyland Paris. Disney Parks, Experiences and Products As part of The Walt Disney Company’s March 2018 strategic reorganization, Disney Consumer Products, and Interactive Media was merged into the Walt Disney Parks and Resorts segment and renamed Walt Disney Parks, Experiences and Products. Parks and Resorts Chairman Bob Chapek was named chairman of this new segment, who also previously served as head of Disney Consumer Products. At the time, the Consumer Products chairman position was vacant, as its former holder, James Pitaro, had been recently appointed as the new head of ESPN and co-chair of Disney Media Networks. In March 2018, a Disney Parks West regional division was formed with Disneyland Resort in California, Walt Disney World in Florida, and Disneyland Paris under Catherine Powell, outgoing Disneyland Paris president. This mirrors the Disney Parks East regional division consisting of Shanghai Disney Resort, Hong Kong Disneyland and Walt Disney Attractions Japan and headed by Michael Colglazier. Imagineering was expected to take on the development of merchandise, games, publishing, and apps. Paul Gainer moved up from Disney Retail head to head up the new Global Product Management and Distribution unit, which includes Disney Retail, Global Licensing, and digital guest experience. New Vacation Operations and Disney Cruise Line division was renamed Disney Signature Experiences along with a new president, Jeff Vahle, for the division in April 2018. On January 1, 2019, Walt Disney Parks, Experiences and Consumer Products changed its name to Disney Parks, Experiences and Products. Disney Cruise Line purchase in early March 2019 another Bahamas destination, Lighthouse Point property on the island of Eleuthera. In July 2019, Disney denied reports of plans to launch its own airline with the purchase of small regional airlines in the United States. With the acquisition of 21st Century Fox by August 2019, National Geographic Partners' non-TV operations were transferred into its Disney counterpart with NG Media and National Geographic Expeditions moving to the segment's units, Disney Publishing Worldwide and Disney Signature Experiences, respectively. Powell supervised the two Star Wars-themed land, Star Wars: Galaxy's Edge, openings in May at Disneyland and August 2019 in Disney's Hollywood Studios. However, initial numbers showed an attendance dropped instead of the boost such an