Comcast Doubles Down With $1.1B On Theme Park Biz

Law360, New York (October 30, 2013, 3:29 PM EDT) -- Comcast Corp. is betting big on subsidiary NBCUniversal Inc.'s theme park business by funneling the majority of its $1.1 billion in planned investments this year into building out NBCUniversal's Florida and California attractions, Comcast said Wednesday.

During their third-quarter earnings call, Comcast executives said they plan to spend about $1.1 billion on its subsidiary, with the bulk of that money going toward Comcast's Universal-flagged resorts and theme parks. So far this year, Comcast has already spent $807 million on NBCUniversal, with $284 million of that being...
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