Comcast gets a bump from NBCU's theme parks business

Few investment analysts thought Comcast would actually keep NBCUniversal's theme parks division -- and all of its associated maintenance and public safety costs -- when it purchased the programming conglomerate in 2011. 

But after putting in billions of dollars' worth of new rides, renovations and upgrades into Universal's parks in Orlando, Fla. and Southern California, the cable giant has developed a vibrant new revenue stream. Overall attendance increased 10.4 percent in 2014 to 40.2 million. And for the first half of 2015, operating cash flow from theme parks was $617 million, a 49 percent year-over-year increase. 

The New York Times has a complete look at the turnaround being experienced in Comcast's theme parks division. You can read it here.

Sponsored by Dell Technologies

Whitepaper: How to Elevate Your Content Delivery Workflows With Dell EMC PowerScale

Learn how Dell EMC PowerScale helps meet surging viewer demand while reducing costs with a single centralized platform for the ingest, processing, and delivery of the content your viewers love.