Comcast Amusement Park In China

A consortium of four state owned companies will build a 3 3 billion universal theme park in beijing the. It is the fifth disneyland built in the world. China is a big opportunity.

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Located in the suburban outskirts of beijing the theme park was first announced in 2014.

Comcast amusement park in china. Construction began in 2016. Children like the rides acts and the cartoon characters. Comments virginia kruta associate editor.

Bsh investment a consortium of four state owned companies and universal parks resorts a business unit of comcast nbcuniversal. Comcast on its third quarter earnings call thursday said it expects more than a billion dollars in revenue in china after a theme park opens in beijing around 2020. Arthur bloom said wednesday that american media outlets doing the bidding of the chinese might not be entirely ideologically driven.

For 2020 include a new theme park being built in beijing china set for a may 2021 opening as well as the ongoing development of a new epic universe. The company made 2 2 billion in total theme park income. It will be jointly owned by beijing shouhuan cultural tourism investment co ltd.

It also gets about 7 and a half million visitors a year and ranks as the 15th most visited in the world. Visitors will be thrilled by the numerous chinese themed locations featured throughout the environment including many of the franchise s most beloved icons such as the jade. China s second most popular theme park in on lantau island in hong kong.

Its opening date has been pushed back twice from 2019 to 2020 and now 2021. The completely indoor experience is set in legendary china and is poised to become the world s first theme park land created with the kung fu panda theme. Comcast chairman and ceo brian roberts.

Tucker unpacks connections between comcast s theme park deal in china and favorable coverage. It also has hotels where guests can stay. Comcast s nbcuniversal along with beijing shouhuan cultural tourism investment co.

Comcast chief executive brian roberts said in january that the company planned to double down on theme parks and said today during its earnings call that the unit s strong performance is what gave comcast the confidence to form a partnership in china to develop a new theme park in beijing. Theme park operations have been a lucrative segment for comcast both because of the american theme parks and the company s asian growth. April 08 2020 9 36 pm et.

The overall investment in the universal beijing theme park will be more than 20 billion rmb.