Universal Studios is an American film company and theme park with its headquarters in Orlando, Florida. The company was founded in 1912 by Calvert Varker and Earle Mack, and is owned by the NBCUniversal. With more than 50 countries and territories, the company is known for its films, theme park, and other products. The company is also known for its investment in other companies, including the theme park Six Flags, the in-house studio, NBCUniversal and more. Peak visitors of the park in the past six years have been in the year 2013 and 2018. Universal Studios is the highest-grossing of the theme parks in the United States. In fact, it was the first theme park to make over $1 billion per year. It is also the second-most-visited theme park in the world, with over 58 million visitors in 2017. Read on to find out who owns Universal Studios and other investments of the company.
Who Owns Universal Studios?
Universal Studios is owned by NBCUniversal, a division of Comcast Corporation. The NBC division was established in 1891 as the North American Radio Broadcasting Company. In 1926, it changed its name to the National Broadcasting Company. The division was renamed NBC Radio Networks in 1933, and NBC Television in 1949. The division was renamed Comcast in 1972. The division, Comcast Corporation, is owned by Comcast Corporation. It was formed in 1919 through the merger of two telephone companies, the Wightman Telephone and Telephone Company and the Pacific Telephone and Telegraph Company. The division is also known as Comcast Cable.
NBCUniversal
The theme park and movie production company was established in 1990 by Vivendi as Universal Studios Theme Parks. In December 2001, Comcast acquired a majority stake in the company. The division was renamed Universal Studios in July 2013. Late in the year, NBCUniversal was merged with Comcast’s NBC Sports division to form NBCUniversal. The division is known for Theme Parks including Universal Studios, Universal Orlando Resort, and Universal CityWalk.
Comcast Corporation
Comcast Corporation is a media and telecommunications company that owns cable television, internet, and phone service provider Comcast. It was formed through a merger in mid-1919s between Samuel N. Wightman, Sr. and John W. Smith. In 1972, it was renamed Comcast Cable. The company is known for its ownership of NBCUniversal, which owns Universal Studios. The company’s CEO is Brian Roberts. The company’s chairman and largest shareholder is the public company’s CEO Brian L. Roberts.
Comcast Ventures
Comcast Ventures is a venture capital division of Comcast Corporation that was established in 2005. The division invests in startups and funds that are used by Comcast to expand its business and give employees experience in venture capital. The division owns a number of investments, including one in Ripley’s Believe It or Not! Inc., which owns the theme parks and the company’s publications.
21st Century Fox
21st Century Fox is a media division of the public-company Comcast. The division was formed through the merger of two media companies, the News Corporation and the 21st Century Fox. The division owns a number of cable television channels, a film and television production company, and a number of theme parks. The division includes the film studio, Fox Networks, and the broadcast network, Fox Broadcasting Company. The division owns the properties of several theme parks, including the company’s first-owned theme park, Universal Orlando Resort.
Sony Pictures Entertainment
Sony Pictures Entertainment is a film production division of the public-company Sony. The division was formed through the merger of two media companies, the Columbia Broadcasting System and the Columbia Pictures. The division owns theme parks and operates studios, including the famous Sony Pictures Studios, which is owned and run by the division. The division owns the properties of the company’s theme parks, like the studio in Culver City and the company’s first-owned theme park, Universal Studios.
Turner Broadcasting System
Turner Broadcasting System is a media division of the public-company Time Warner. The division was formed through the merger of two media companies, Ted Turner and his company, the Turner Broadcasting System, and Time Warner. The division owns a number of cable television channels such as TNT and the Cartoon Network, a film production company, and a number of theme parks. The division owns Universal Orlando Resort and Universal Studios, the first-owned theme park.
DreamWorks Animation
DreamWorks Animation is a film production division of the public-company Comcast. The division was formed through the merger of two media companies, the Amblin Production Company and the Steven Spielberg Company. The division owns a film production company and a number of theme parks, including DreamWorks Animation in Glendale. It owns Universal Studios, the company’s first-owned theme park.
Legendary Entertainment
Legendary Entertainment is a film production division of the public-company Time Warner. The division was formed through the merger of two media companies, the Castle Rock Entertainment Company and the Thomas L. Fogel Company. The division owns a film production company and a number of theme parks, including Legendary Entertainment in Lake Buena Vista. It owns Universal Studios, the company’s first-owned theme park.
Universal and Its Other Investments
Universal Studios is a company that owns a number of investments. The company owns film production companies such as Legendary Entertainment and DreamWorks Animation, as well as a theme park, Universal Orlando Resort. Universal Studios also owns a number of companies in the entertainment industry, including the company’s first-owned theme park. The company owns a number of other investments, including the theme park Six Flags, the in-house studio, NBCUniversal, and more.
Conclusion
Universal Studios owns a number of investments, including the theme park Six Flags, the in-house studio, NBCUniversal, and more. In addition, the company owns a film production company and a number of theme parks. Finally, Universal Studios owns a number of companies in the entertainment industry, including the company’s first-owned theme park. You can read more about Universal Studios’ investments on Investopedia.