Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13971)           
UK only International

Universal theme parks continue to impress for Comcast in Q1 earnings report

By Tom Anstey    27 Apr 2017
Universal’s parks continue to do exceptionally well for Comcast, with revenue growing around 150 per cent between 2011 and 2016 / shutterstock.com

Universal’s theme parks continue to act a growth driver for parent company Comcast, after the company recorded revenue increases of 9 per cent to US$1.1bn (€1bn, £853m) in the first quarter of 2017.

For the quarter, Universal’s theme parks drew a profit of US$397m (€364m, £307.8m) – a 6.1 per cent increase on last year’s figures.

Continued growth in the company’s theme park business thanks to continued investment and the 100 per cent purchase of Universal Studios Japan in late 2015 gave strength to the rise, which is particularly impressive considering the spring break period – which traditionally falls in the first quarter – fell outside of the first three months of the year.

Universal’s parks continue to do exceptionally well for Comcast, with revenue growing around 150 per cent between 2011 and 2016, thanks in large part to the addition of Harry Potter attractions at Universal attractions, which have been a huge draw for visitors.

The parks division was so successful in 2016 that it contributed more profit to the company than Universal’s film and broadcast unit.

As part of its investment programme, Universal is currently planning to create Nintendo attractions starting at Universal Japan, while the debut of Volcano Bay in Orlando is also imminent, with an opening date set for next month.

Last year the company broke ground on its US$7.4bn (€6.9bn £5.9bn) Chinese venture – its largest ever theme park project.

Universal Studios  theme park  visitor attractions  Comcast  Volcano Bay  Universal Japan  Nintendo  earnings  NBC 
Sign up for FREE ezines
Related news

Company profile

Company profile: Pulse Fitness
With an award-winning portfolio of over 450 pieces of cutting-edge, premium fitness equipment, Pulse Fitness is proud to expertly design, develop and manufacture its products in the UK.
View full profile >
More company profiles

Featured Supplier

CoverMe extends matching service to personal training, rewriting how members and personal trainers connect
CoverMe, the global leader in fitness workforce management, today launches CoverMe PT, an on-demand personal training platform that connects the right personal trainer to the right client in under 10 seconds.
View full details >
More featured suppliers

Property & Tenders

Location: Stratford, East London.
Company: Lee Valley Regional Park Authority
Location: Y Felinheli, LL56 4QN
Company: Newmark
Location: Newhaven, Sussex
Company: EiA Real Estate
Location: Tutbury Castle, Staffordshire
Company: Savills
Location: Oxford
Company: University of Oxford
More properties & tenders

Diary dates

22-23 Jun 2026
WX Wakefield , Wakefield, United Kingdom
21-24 Sep 2026
The Langham Huntington Pasadena , Pasadena, United States
06-08 Oct 2026
Messe Stuttgart, Stuttgart, Germany
22-22 Oct 2026
QEII Conference Centre, London
More diary dates