CEO of NBCUniversal Officially Confirms Plans for New Universal Theme Park in Orlando

On July 26, Comcast Corporation (the parent company of Universal Orlando Resort) held a conference call to discuss the 2nd quarter earnings for 2018. During the call, Stephen B. Burke (Senior EVP & CEO, NBCUniversal) made a very interesting comment about the future of Universal Orlando, essentially confirming plans for a new theme park.


While most fans are already aware that these plans exist, this is the first time the company officially acknowledges the fact that a brand-new theme park is being considered, meaning that the company might be ready to make a more detailed announcement in the not-so-distant future.

Here's the portion of the conference call that mentions the new park (FULL TRANSCRIPT):

QUESTION: [...] On Theme Parks, Universal filed in mid-June with the patent office for the name Fantastic Worlds. Is that an indication that you are planning another gate in Orlando?

Stephen B. Burke - Senior EVP & CEO, NBCUniversal: [...] In terms of a new gate in Florida, we are looking at it. We filed basically a name registration. We have a lot of great IP. We love the theme park business. It's one of our best, most consistent businesses. And we think we have a lot of -- a very long runway and that another gate in Florida would have the advantage of turning Florida from a two- or three-day destination to potentially a weeklong destination. We think that would be attractive.

This is very exciting, isn't it? Stay tuned as we continue to keep you up-to-date regarding this project.

PHOTO: © 2018 Universal Orlando Resort. All Rights Reserved.

5 comments:

  1. Dreamworks? Nintendo? More Harry Potter?
    The anticipation is quite exciting!

    ReplyDelete
  2. Original ideas for theme parks is dead. Creativity will soon to since it goes hand in hand.

    ReplyDelete
  3. If the rides are anything like Kong or Fast and the Furious count me out. Those are such a waste and even my teenager was disappointed after riding them...

    ReplyDelete
    Replies
    1. Well I bet your teenager would be disappointed going to Toy Story land too since Disney only caters to five year olds.

      Delete
  4. Can’t wait for this! Nintendo, Fantastic Beasts, and DreamWorks will be amazing! Will be the most immersive theme park ever created

    ReplyDelete

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