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Comcast: Universal Orlando theme parks continue to suffer pandemic financial loss
First quarter of 2021 down by 33%, earnings show
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Comcast: Universal Orlando theme parks continue to suffer pandemic financial loss
ORLANDO, Fla. – The parent company for Universal Orlando Resort has released a report showing its theme parks continue to suffer financial losses due to the pandemic.
According to Comcast’s first quarter earnings report, theme parks revenue decreased by 33.1% to $619 million in the first quarter of 2021.
The reported loss for the theme parks division was $61 million.
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“Our theme parks once again reached breakeven, excluding Universal Beijing Resort pre-opening costs; and – to the delight of our guests – we successfully re-opened Universal Studios Hollywood on April 16th,” CEO of Comcast Brian Roberts said in a news release.
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