Universal’s Profits Just Took a Big Hit, and Disney Fans Are Paying Attention

Comcast, which owns Universal, released its third quarter results on October 22, and the Theme Parks segment that includes Universal Orlando Resort had a rough summer. Profit dropped 17%. Yeah, 17. Comcasts third quarter covers July through September. Theme Parks revenue fell 4.4%, going from $2.7 billion down to $2.6 billion. Thats $120 million less than last year. But the bigger hit was...

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