Nbc Universal Makes $1 Billion Theme Park Deal

0
0
Subscribe to Disney alerts

Steve Burke, who as a young Disney exec once told CEO Michael Eisner, "My dream job would be to run a theme park" -- and then went on to run Euro Disney (now Disneyland Paris) -- has now, as CEO of NBC Universal, concluded a deal to buy Blackstone Group's 50-percent stake in Universal Orlando for $1.025 billion. It is the first major acquisition that NBC Universal has made since Comcast took control of the company in January. "Universal Orlando is a consistent and significant driver of operating and free cash flow and is performing extremely well. It has a superb management team and exciting growth opportunities," Burke said in a statement. Universal Orlando is the umbrella group encompassing Universal Studios Florida, Universal's Islands of Adventure, and Universal CityWalk.

07/06/2011


Contactmusic

Tags: Disney - Comcast - Islands - Michael Eisner - NBC - Disneyland

0
0
Subscribe to Disney alerts
Advertisement

More Disney

"Rife With Death And Destruction", Children's Films Contain Twice As Many Deaths As Adult Horror Movies

What could potentially be more traumatising for a child, a gory horror flick or an animated adventure featuring songs and talking animals? Well surprisingly it...

Rene Auberjonois - Les Poissons (From "The Little Mermaid") Video

In a scene from Disney's Oscar winning 1989 movie 'The Little Mermaid', Rene Auberjonois performs 'Les Poissons'....

Jodi Benson - Part of Your World (From "The Little Mermaid") Video

In a scene from Disney's Oscar winning 1989 movie 'The Little Mermaid', Jodi Benson performs 'Part Of Your World'....

'Frozen Fever' Short To Screen Before Disney's 'Cinderella' In March 2015

What better way to encourage cinema-goers to see the forthcoming live-action 'Cinderella' movie, than the promise of more 'Frozen'? Disney announces short film 'Frozen Fever'...

Advertisement

'Frozen' Sequel Will Be Made, According To Star Idina Menzel

Although Disney hasn't made any official announcement, Fans of the animated flick 'Frozen' will be thrilled after Idina Menzel, who voiced Elsa the Snow Queen,...

Star Wars Spin-Off Movie Could Focus On Bounty Hunters

It's a big week for Star Wars. The first trailer for The Force Awakens drops on Friday (November 28, 2014), though a juicy rumor about...

Game Of Thrones Star Richard Madden Takes A Turn In Disney's Cinematic Cinderella

Robb Stark has been resurrected! But, alas Game of Thrones fans, not in the capacity that you may have all been hoping. Instead, the Scottish...

Lily James Finds Her Prince Charming In The Latest 'Cinderella' Trailer [Trailer + Pictures]

Finally, Disney has unveiled the first full trailer for Kenneth Branagh's live action rendition of one of the world's most beloved fairytales: Cinderella. And it...

Advertisement

Comments

Disney Newsletter

Subscribe to this news alert service to receive news and reviews on Disney

Unsubscribe | Unsubscribe All