Who Owns Universal Studios
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Universal Studios, one of the most famous Hollywood film production companies in the world, is owned by Comcast Corporation, an American telecommunications and mass media conglomerate. Founded in 1912 in New York City, Universal Studios has produced many of Hollywood’s most iconic films and TV shows, including Jurassic Park, E.T. The Extra-Terrestrial, and The Office.
Comcast acquired Universal Studios from its former parent company, Seagram, in 2004. As part of the purchase, Comcast also bought Universal Music Group, as well as the rights to Universal’s library of film and TV content. Comcast has since expanded its entertainment empire, launching new channels and creating content for multiple platforms.
Universal Studios is now a global media empire. It is one of the major Hollywood film studios and is responsible for producing and distributing a wide variety of films and television programs. In addition to feature films, Universal Studios also manufactures and distributes theme park attractions, video games, music, and other products. Universal Studios is responsible for some of the world’s most popular theme park attractions, such as The Wizarding World of Harry Potter and The Simpsons Ride.
Universal Studios is a major asset in Comcast’s portfolio. The studio’s content library and theme parks provide a steady stream of revenue for the company, and Universal’s recognition as a global media giant helps to draw customers to other Comcast services, such as cable and internet packages. As a result, Comcast is likely to continue to reap the benefits of owning Universal Studios for many years to come.