Can a Fourth Gate Help Universal Studios Florida Topple Disney?
Comcast's (NASDAQ: CMCSA) Universal Studios has always been a clear secondary player in the central Florida theme park market. Walt Disney's (NYSE: DIS) Magic Kingdom had roughly double the visitors as either of the two Universal parks in 2018, and all four of Disney's parks outdrew their rivals.
Universal, however, has been a serious competitor since it opened The Wizarding World of Harry Potter at Islands of Adventure in 2010. That set a new standard for theme park immersion and forced Disney to invest in improving its own parks.
Now Universal has put Disney on notice again by making public its plans to build another central Florida park. Few details have been released, but Universal's Epic Universe will be Comcast's largest investment ever in its theme park business, and it might be enough to make Universal Studios Florida a true Disney World alternative.
Source Fool.com
