{"id":2309,"date":"2017-03-06T12:46:27","date_gmt":"2017-03-06T12:46:27","guid":{"rendered":"https:\/\/www.thetripleplay.net\/blog\/?p=2309"},"modified":"2017-03-06T12:46:27","modified_gmt":"2017-03-06T12:46:27","slug":"comcast-acquires-full-ownership-of-universal-studio-japan","status":"publish","type":"post","link":"https:\/\/www.thetripleplay.net\/blog\/cable\/comcast-acquires-full-ownership-of-universal-studio-japan\/2309\/","title":{"rendered":"Comcast Acquires Full Ownership Of Universal Studio Japan"},"content":{"rendered":"<div id=\"attachment_2200\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.thetripleplay.net\/\" rel=\"attachment wp-att-2200\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2200\" class=\"wp-image-2200 size-medium\" title=\"Universal Studio Japan\" src=\"https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/02\/Cable-TV-Alternatives-300x199.jpg\" alt=\"Comcast Xfinity\" width=\"300\" height=\"199\" \/><\/a><p id=\"caption-attachment-2200\" class=\"wp-caption-text\"><strong><em>Comcast Corporation <\/em><\/strong><\/p><\/div>\n<p style=\"text-align: justify;\">Comcast Corporation recently announced that they are signing a deal to take the full ownership of Universal Studios Japan. Reports indicate that the deal between the two companies was signed for an estimated $2.3 billion.<\/p>\n<p style=\"text-align: justify;\">This recent deal is actually a part of the telecom company\u2019s commitment to its theme park business. This business has created a solid growth for the company since they acquired NBCUniversal. Reports also indicate that Comcast is planning to buy out partners in the Osaka-based theme park and it includes former CEO of Universal Studios Japan Glenn Gumpel, Goldman Sachs, and private equity firms MBK Partners and Owl Creek Asset Management. It is believed that the deal will be closed by the end of April.<\/p>\n<p style=\"text-align: justify;\">The Universal Studios parks in both Orlando and Hollywood have made considerable contribution to Comcast Corporation\u2019s bottle line. In addition to that, the telecom company has also made big investments in new attractions and infrastructure developments of the theme parks like the Harry Potter-themed installations.<\/p>\n<p style=\"text-align: justify;\">The \u201cWizarding World of Harry Potter\u201d attraction was opened by the Universal Studios Japan back in the year 2014. Report indicates that they are planning to unveil a \u201cMinion Park\u201d, tied to the \u201cDespicable Me\u201d franchise, by the end of 2018.<\/p>\n<div id=\"attachment_2137\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.thetripleplay.net\/\" rel=\"attachment wp-att-2137\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2137\" class=\"wp-image-2137 size-medium\" title=\"NBCUniversal\" src=\"https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/01\/Charter-Spectrum-Video-300x199.jpg\" alt=\"Comcast Xfinity Locations\" width=\"300\" height=\"199\" srcset=\"https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/01\/Charter-Spectrum-Video-300x199.jpg 300w, https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/01\/Charter-Spectrum-Video-768x510.jpg 768w, https:\/\/www.thetripleplay.net\/blog\/wp-content\/uploads\/2017\/01\/Charter-Spectrum-Video.jpg 857w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-2137\" class=\"wp-caption-text\"><strong><em>Full Ownership <\/em><\/strong><\/p><\/div>\n<p style=\"text-align: justify;\">The chairman-CEO of Universal Parks &amp; Resorts, Tom Williams said, \u201cUniversal Studios Japan is an amazing and incredibly successful theme park. This acquisition will bring an even stronger future for the theme park, its guests and its team members. We are thrilled USJ will fully be part of the Universal family and look forward to continuing to create a remarkable experience for our guests.\u201d<\/p>\n<p style=\"text-align: justify;\">Reports also claim that Comcast had decided to sell the Universal theme parks right after the company acquired NBCU. However, Comcast decided to change course once they become a little bit more familiar with the Universal theme parks business.<\/p>\n<p style=\"text-align: justify;\">Comcast\u2019s acquisition of DreamWorks Animation last year allowed the telecom provider to use the properties and characters of DreamWorks Animation as fodder for the theme parks. Comcast Corporation is currently building a new theme park in Beijing and the company has already licensed a Universal Studios project in Singapore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Comcast Corporation recently announced that they are signing a deal to take the full ownership of Universal Studios Japan. Reports indicate that the deal between the two companies was signed for an estimated $2.3 billion. This recent deal is actually a part of the telecom company\u2019s commitment to its theme park business. This business has [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68,92],"tags":[176,177],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Comcast Acquires Full Ownership Of Universal Studio Japan<\/title>\n<meta name=\"description\" content=\"Comcast recently announced that they are taking full ownership of Universal Studio Japan. 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