Universal parent company Comcast has its eye on expanding its theme parks, which drove record earnings in its media and entertainment division in its last budget year. The company plans to increase its theme park spending budget by $1.2 billion this year compared with 2022, Comcast …
Universal Orlando and Universal’s other theme parks continued to improve parent company Comcast’s earnings last quarter, but a top executive on Thursday nonetheless raised the possibility of layoffs and other cost-cutting across the company in preparation for a potential recession next year. “As we enter the …
Comcast NBCUniversal, Universal Orlando’s parent company, and Universal Orlando are donating $2 million toward Hurricane Ian relief efforts, Comcast said Monday. The Universal Orlando Foundation’s contribution includes donating food to those in need through local organizations, according to a release. The total $2 million donation includes …
Universal Orlando was a driving force behind strong earnings in the last quarter for parent company Comcast, executives said Thursday. Comcast does not report specific earnings by theme park, but its parks division reported its highest second-quarter adjusted earnings on record at $632 million from April …
