"We remain very confident that the parks business will generate healthy returns over the long term,” said Brian Roberts, chairman and CEO of Universal’s parent company, Comcast.
Universal Orlando’s parent company has officially announced that the Orlando version of Super Nintendo World will be a part of the new Epic Universe theme park opening in 2023.
For financial analysts, the main point of discussion on the earnings call was the company’s plans for a NBCUniversal streaming service in the wake of archrival Disney unveiling its own streaming platform, Disney+.
Universal theme parks contributed to a profitable 2018 for Comcast, but financial analysts seemed more interested in the company’s upcoming streaming service during its latest earnings call.
Comcast chairman ... Read More
Comcast reported Thursday that revenue at its theme park division grew nearly 8 percent during the third quarter, thanks in part to Universal’s best cash-flow year in its 100-year history.
That’s great news fo... Read More