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NEWS
Harry Potter drives success for Universal as Comcast records huge earnings for Q2
POSTED 27 Jul 2015 . BY Tom Anstey
Orlando’s Diagon Alley attraction has been a huge hit since its launch in 2014 Credit: Universal Orlando
Harry Potter has been a resounding success for Universal’s theme parks, after the boy wizard helped the company rake in millions of dollars in revenue for the first half of 2015.

Universal’s parent company Comcast, said as part of its Q2 earnings report that theme park revenue year-on-year for the quarter jumped 25.7 per cent to US$773m (€706m, £499m), an increase of US$158m (€137m, £96.8m) compared to 2014’s results.

Comcast attributed the sharp increase to high guest spend and attendance, driven by the roaring success of Orlando’s Wizarding World of Harry Potter – Diagon Alley attraction, which since opening in July 2014 has reportedly already paid off half its cost.

Operating cash flow for the company’s theme parks nearly doubled, jumping 44.9 per cent to US$354m (€323.3, £228.5m), compared to US$244m (€222.8m, £157.5m) in the same quarter last year.

Revenue for the first six months of 2015 jumped 29.2 per cent to US$1.4bn (€1.3bn, £904m), increasing from US$1.1bn (€1bn, £710m) for the same period in 2014.

Comcast executives said that despite the positive results, they don't expect to see the fast-paced momentum of Diagon Alley to continue now that the attraction is a year older, forecasting growth to slow with single digit returns in its next earning report.

Universal continues to invest in its theme parks, with plans for a ‘next-gen waterpark’ in Orlando, a King Kong ride at Islands of Adventure, a new Wizarding World in California and potential new theme parks worldwide. Universal also recently signed a deal with Nintendo for theme park rights.

RELATED STORIES
  Harry Potter goes Hollywood as Universal plans new Wizarding World in California for 2016


Hogwarts is on its way to California after Universal announced plans for its hugely successful Wizarding World of Harry Potter attraction to feature in its Hollywood theme park.
  Hogwarts Express makes Harry Potter Studio Tour debut


The Warner Brothers Studio Tour London – The Making of Harry Potter, has officially launched its new 20,000sq ft (1,858sq m) Platform 9 ¾ expansion, bringing the original Hogwarts Express back to its studio home for visitors to enjoy.
  Hogwarts Express coming to Harry Potter studio tour


The Warner Brothers Studio Tour London – The Making of Harry Potter, has announced it will unveil a 20,000sq ft (1,858sq m) expansion to include the original Hogwarts Express steam engine along with a recreation of Platform 9 3/4 .
  Universal Osaka on course to break attendance record as new Harry Potter attraction casts spell on visitors


USJ Co, the operator of Universal Studios Japan, has said the Osaka theme park is on course to break its annual attendance record, drawing more than 10 million visitors to the park since the beginning of its fiscal year in April 2014.
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Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
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NEWS
Harry Potter drives success for Universal as Comcast records huge earnings for Q2
POSTED 27 Jul 2015 . BY Tom Anstey
Orlando’s Diagon Alley attraction has been a huge hit since its launch in 2014 Credit: Universal Orlando
Harry Potter has been a resounding success for Universal’s theme parks, after the boy wizard helped the company rake in millions of dollars in revenue for the first half of 2015.

Universal’s parent company Comcast, said as part of its Q2 earnings report that theme park revenue year-on-year for the quarter jumped 25.7 per cent to US$773m (€706m, £499m), an increase of US$158m (€137m, £96.8m) compared to 2014’s results.

Comcast attributed the sharp increase to high guest spend and attendance, driven by the roaring success of Orlando’s Wizarding World of Harry Potter – Diagon Alley attraction, which since opening in July 2014 has reportedly already paid off half its cost.

Operating cash flow for the company’s theme parks nearly doubled, jumping 44.9 per cent to US$354m (€323.3, £228.5m), compared to US$244m (€222.8m, £157.5m) in the same quarter last year.

Revenue for the first six months of 2015 jumped 29.2 per cent to US$1.4bn (€1.3bn, £904m), increasing from US$1.1bn (€1bn, £710m) for the same period in 2014.

Comcast executives said that despite the positive results, they don't expect to see the fast-paced momentum of Diagon Alley to continue now that the attraction is a year older, forecasting growth to slow with single digit returns in its next earning report.

Universal continues to invest in its theme parks, with plans for a ‘next-gen waterpark’ in Orlando, a King Kong ride at Islands of Adventure, a new Wizarding World in California and potential new theme parks worldwide. Universal also recently signed a deal with Nintendo for theme park rights.

RELATED STORIES
Harry Potter goes Hollywood as Universal plans new Wizarding World in California for 2016


Hogwarts is on its way to California after Universal announced plans for its hugely successful Wizarding World of Harry Potter attraction to feature in its Hollywood theme park.
Hogwarts Express makes Harry Potter Studio Tour debut


The Warner Brothers Studio Tour London – The Making of Harry Potter, has officially launched its new 20,000sq ft (1,858sq m) Platform 9 ¾ expansion, bringing the original Hogwarts Express back to its studio home for visitors to enjoy.
Hogwarts Express coming to Harry Potter studio tour


The Warner Brothers Studio Tour London – The Making of Harry Potter, has announced it will unveil a 20,000sq ft (1,858sq m) expansion to include the original Hogwarts Express steam engine along with a recreation of Platform 9 3/4 .
Universal Osaka on course to break attendance record as new Harry Potter attraction casts spell on visitors


USJ Co, the operator of Universal Studios Japan, has said the Osaka theme park is on course to break its annual attendance record, drawing more than 10 million visitors to the park since the beginning of its fiscal year in April 2014.
MORE NEWS
Mubadala makes €1 billion bid for Pierre and Vacances
Abu Dhabi-based investment firm Mubadala Capital has made a binding, fully financed €1 billion offer to acquire Pierre and Vacances SA, the European holiday resort operator behind the continental European Center Parcs business.
Disney confirms US$30 billion investment programme as it highlights its economic impact
Disney has reaffirmed its commitment to investing US$30 billion in its US parks and cruise business by 2033, using new America250 celebrations to underline the role its attractions play in supporting jobs, tourism and economic growth.
Expo 2030 Riyadh will create a permanent global destination
Expo 2030 Riyadh is being planned as a permanent visitor destination, with organisers confirming the six-million-square-metre site will become a Global Village after the event closes.
Australian waterpark acquisition creates new leisure attractions group
The owner of one of Australia's best-known waterparks has acquired a major competitor, creating a new attractions business spanning two of the country's largest visitor destinations.
London Museum reveals 2026 opening date for new Smithfield home
The London Museum’s new site will open in Smithfield, East London, on 28 November 2026.
Toverland unveils €98m expansion plan as park prepares to launch resort development
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COMPANY PROFILES
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
iPlayCO

iPlayCo was established in 1999. [more...]
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


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