Universal’s Theme Parks, Long in Disney’s Shadow, Expand at Dizzying Pace
Published On Feb 21, 2025, 6:00 AM
Universal is launching a major expansion of its theme parks, including the opening of a $7 billion megapark called Epic Universe in Orlando, Florida, expected to attract 10 million visitors annually. New parks and attractions are also planned in Texas and Nevada, along with expansions in Los Angeles and overseas. Despite the economic risks associated with theme parks, Comcast believes the growth strategy will lead to increased profits, positioning Universal as a direct competitor to Disney.
Stock Forecasts
CMCSA
Positive
With significant investment in new theme parks and attractions, Universal aims to capture market share from Disney, likely resulting in increased revenue and visitor numbers. The focus on diverse attractions should appeal to a broader audience.
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