Morning Thrill Seekers,
Yesterday I reported on Comcast’s purchase of NBCUniversal included in the deal was Harry Potter’s favourite park, Islands of Adventure and the soon to be home of the Transformers, Universal Studios.
One of the more interesting parts of the press release was Comcast’s financials for 2012 in relation to it Theme Park revenue, here’s the breakdown;
- Theme park revenue was up 4.8% for 2012 to nearly $2.1 billion from $1.98 billion in 2011.
- Fourth quarter 2012 revenues were $520 million, up 4.5% from $498 million reported the year prior.
- Operating cash flow at Universal finished the year strong with $953 million, up 9.9% from $867 million in 2011.
- The quarter’s ending cash flow was $245 million, a 9.7% jump from $223 million in 2011.
Comcast must believe (as do I) that the future of Universal Orlando to attract footfall is strong. The addition of the Transformers Ride 3D this year should continue Universal’s impressive additions and if the rumours regarding the extension to the Wizarding World are true (and they are) 2014/2015 could be very strong.