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NEWS
Universal theme parks continue to impress for Comcast in Q1 earnings report
POSTED 27 Apr 2017 . BY Tom Anstey
Universal’s parks continue to do exceptionally well for Comcast, with revenue growing around 150 per cent between 2011 and 2016 Credit: 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.
RELATED STORIES
  Universal Japan records third record-breaking year in a row


Universal Studios Japan welcomed almost 15m visitors last year, an increase of 700,000 on the previous year.
  Merlin could pull plug on Shrek’s Adventure roll out


It’s almost a year since Universal’s parent company Comcast acquired DreamWorks, and now Merlin Entertainments boss Nick Varney has to decide what to do with its Shrek’s Adventure midway.
  Mark Woodbury named vice chair of Universal's parks and resorts division


Universal Studios has named Mark Woodbury to the newly created role of vice chair of Parks and Resorts, with Woodbury also continuing to serve in his existing role as president of Universal Creative.
MORE NEWS
Warner Bros Discovery collaborates on upcoming Pompeii attraction
A new immersive attraction designed to transport visitors into the final hours of ancient Pompeii is preparing to open near the world-famous archaeological site in southern Italy.
Bob Rogers hands BRC to long-serving leadership team
Experience design company, BRC Imagination Arts, has completed a transition that sees founder Bob Rogers pass ownership of the business to four long-serving senior executives, while remaining actively involved with the company.
Rainer Maelzer joins Therme Group as chief entertainment officer
Rainer Maelzer, an experiential entertainment innovator, has been appointed chief entertainment officer by Therme Group.
Movie Park Germany reveals new Paramount attraction as part of its 30th anniversary celebrations
Movie Park Germany has opened a new Paramount Pictures-themed attraction as part of its 30th anniversary celebrations, using immersive storytelling and adaptive reuse to reinforce the park’s longstanding “Hollywood in Germany” positioning.
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Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
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By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
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FEATURED SUPPLIER

Iconic Liverpool attraction opens door to new operators
An opportunity to reimagine one of the UK’s most recognisable towers has been formally opened by Rivington Hark, as St Johns Beacon invites operators and partners to shape its next phase. [more...]
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NEWS
Universal theme parks continue to impress for Comcast in Q1 earnings report
POSTED 27 Apr 2017 . BY Tom Anstey
Universal’s parks continue to do exceptionally well for Comcast, with revenue growing around 150 per cent between 2011 and 2016 Credit: 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.
RELATED STORIES
Universal Japan records third record-breaking year in a row


Universal Studios Japan welcomed almost 15m visitors last year, an increase of 700,000 on the previous year.
Merlin could pull plug on Shrek’s Adventure roll out


It’s almost a year since Universal’s parent company Comcast acquired DreamWorks, and now Merlin Entertainments boss Nick Varney has to decide what to do with its Shrek’s Adventure midway.
Mark Woodbury named vice chair of Universal's parks and resorts division


Universal Studios has named Mark Woodbury to the newly created role of vice chair of Parks and Resorts, with Woodbury also continuing to serve in his existing role as president of Universal Creative.
MORE NEWS
Warner Bros Discovery collaborates on upcoming Pompeii attraction
A new immersive attraction designed to transport visitors into the final hours of ancient Pompeii is preparing to open near the world-famous archaeological site in southern Italy.
Bob Rogers hands BRC to long-serving leadership team
Experience design company, BRC Imagination Arts, has completed a transition that sees founder Bob Rogers pass ownership of the business to four long-serving senior executives, while remaining actively involved with the company.
Rainer Maelzer joins Therme Group as chief entertainment officer
Rainer Maelzer, an experiential entertainment innovator, has been appointed chief entertainment officer by Therme Group.
Movie Park Germany reveals new Paramount attraction as part of its 30th anniversary celebrations
Movie Park Germany has opened a new Paramount Pictures-themed attraction as part of its 30th anniversary celebrations, using immersive storytelling and adaptive reuse to reinforce the park’s longstanding “Hollywood in Germany” positioning.
Therme Manchester reveals 90:90 strategy – 90 per cent of the UK population within a 90-minute drive of a Therme
Therme Manchester’s 28-acre development, which will include interconnected glass pavilions that measure 65,000sq m, will be the largest bathing and wellbeing attraction in the world once complete, according to prof David Russell, CEO of Therme UK. 
Efteling expands family offer with new Hooghmoed drop tower
Efteling has opened Hooghmoed, a new family drop tower designed to broaden the appeal of its recently launched Sirene Island themed area and introduce younger visitors to thrill attractions.
+ More news   
 
COMPANY PROFILES
Simworx Ltd

The company was initially established in 1997. Terry Monkton and Andrew Roberts are the key stakeh [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
+ More profiles  
FEATURED SUPPLIER

Iconic Liverpool attraction opens door to new operators
An opportunity to reimagine one of the UK’s most recognisable towers has been formally opened by Rivington Hark, as St Johns Beacon invites operators and partners to shape its next phase. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

09-11 Jun 2026

World Sauna Forum 2026

Savutuvan Apaja, Haapaniemi, Finland
23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
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