Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
California NewsUSA

Disney and Universal extend their fight beyond the parks – Orange County Register

Disney and Universal both reported record revenue for their theme parks this quarter. Both companies have announced ambitious plans to expand their fleets across the country and around the world. But it’s what companies do outside of theme parks that could determine the future of their parks.

During the earnings conference call earlier this month, Disney executives reiterated the company’s plans to spend $60 billion in capital expenditures for its theme parks over the next decade. When asked for details, CEO Bob Iger demurred, saying only that the company was “working hard” to develop its plans.

With three new ships and a private stop on the way at Disney Cruise Line and at least $2.5 billion in new attractions booked at Disneyland, barely 10 percent of Disney’s planned capital expansion is already accounted for, this which has fans speculating about what Disney might do. what Walt Disney World and its other parks have in store for us.

At Universal, the company is building its new Epic Universe theme park in Orlando, scheduled to open next year. Other projects are in the works in Las Vegas, the Dallas area and England. But Universal isn’t ignoring its existing parks, with a Donkey Kong expansion at Super Nintendo World opening soon in Japan, a new DreamWorks Animation theme in Orlando, and a new Fast and Furious roller coaster rising above Universal Hollywood Studios.

But the biggest gift Universal receives comes, ironically, from Disney. Disney is paying Universal owner Comcast at least $8.6 billion to acquire full control of the Hulu streaming service. This has sparked jokes that it is Disney that is actually financing Epic Universe and Universal’s theme park expansions around the world.

Yet as Disney writes this big check to its rival, it has recently announced plans that cut to the heart of Comcast’s business. Disney has joined Warner Bros. Discovery and Fox Corp. to launch a new app that would make all of their sports programs directly accessible to consumers. This means sports fans could watch everything on ESPN, TNT and Fox Sports without having to subscribe to cable TV.

California Daily Newspapers

Back to top button