Comcast Has a Vision for Keeping Universal Studios Theme Park Visitors Thrilled, Expanding Footprint

By

Universal Studios
Image via Facebook, Universal Studios
Universal Studios has several new projects up its sleeve.

Comcast’s Universal Studios theme parks business has been booming, and there are many projects in the pipeline to build off that momentum, writes Ryan Mulligan for the Philadelphia Business Journal.

For Comcast President Mike Cavanaugh, there are tremendous opportunities for growth. 

This is especially true given that currently there is only one major competition in the industry: Walt Disney Co

“There are other parks players, but nobody at the caliber and scale other than ourselves and Disney,” he said.

The two corporations’ different business models provide a wider range of opportunities.  

In addition to the growth opportunities, Comcast is also expanding the physical footprint of its theme parks. 

It opened Super Nintendo World at Universal Studios Hollywood earlier this year, and is also planning to open a 97-acre kids park in Frisco, Texas, in 2026. 

There is also Epic Universe at Universal Orlando which is scheduled to open in 2025.  

Comcast also operates in Japan and China

Despite enduring challenges during the pandemic, they are now blowing past their pre-pandemic numbers. 

“It’s a business where you keep thrilling your audience, so it’s new attractions on a regular basis into existing parks,” said Cavanagh said.

That’s the goal moving forward.

Read more about Comcast’s approach to continuing to positively impact the theme parks industry at the Philadelphia Business Journal.

_____

Connect With Your Community

Subscribe for stories that matter!

"*" indicates required fields

Hidden
PT Yes
This field is for validation purposes and should be left unchanged.
Advertisement