Universal Parks & Resorts Archives - Page 2 of 2

WDWNT Daily Recap (10/29/20): Guest Arrested with Loaded Handgun at TTC, Remy’s Ratatouille Adventure Sign Installed at EPCOT, Chapek Strikes Back at Warren Letter, Episode 150 of WDW News Tonight, and More!

October 29, 2020 Charly Shelton

We bring you a lot of stories every single day. Sometimes it’s hard to keep up. So in case you missed anything from our feed, we have rounded up all our stories in one place to get the news at a glance. Here is your Daily Recap for Thursday, October 29, 2020. Walt Disney World … Read more

Universal Parks & Resorts Revenue Down Nearly 81% in Third Quarter; Anticipates Breaking Even in 2021

October 29, 2020 Matthew Soberman

Universal Studios Florida entrance globe and archway

Despite revenue being down over 80% in the third fiscal quarter, Universal Parks & Resorts expressed optimism that they will break even in 2021. The Orlando Business Journal‘s Richard Bilbao described the discussion taking place on the third quarter report from Universal’s parent company, Comcast. Unsurprisingly, the theme parks end of the business is still … Read more

Development Officially Delayed on Universal’s Epic Universe at Universal Orlando Resort

July 30, 2020 Matthew Soberman

It’s going to take longer to enter the Epic Universe. During parent company Comcast’s quarterly earnings report, it was officially confirmed that work on Universal Orlando Resort’s future Universal’s Epic Universe theme park has been delayed until “the future becomes more certain.” The park had previously been announced to open in 2023, but that may … Read more

Universal Parks & Resorts Suffers 94% Loss in Revenue Due to COVID-19 Pandemic

July 30, 2020July 30, 2020 Matthew Soberman

Universal Parks & Resorts has revealed just how powerful the economic impact of the COVID-19 pandemic has been. According to Spectrum News 13‘s Ashley Carter, Comcast, Universal’s parent company, reported that Parks & Resorts experienced a 94% loss in revenue during the second quarter of 2020. Altogether, the theme parks earned $87 million, a massive … Read more