As for the eventual sale, if NBC does not pick up the ownership from Blackstone, does that mean someone like, uh, let's say, Disney, could sweep in and turn the world on its head once again?
Why not sell its 50% in Universal Orlando at the top of the market to a new Universal owner, generating some cash that (one hopes) could be used to upgrade the SeaWorld parks? (Okay, I'm an optimist...)
If I were Universal, I'd certainly want to control all of my biggest domestic theme park asset. Harry Potter's going to be bringing cash for some time. Why share that with someone else? If NBCU can come up with the cash to make this deal, I think it has to.
No way I see this coming to the point where third parties get involved. Blackstone wants some cash, and it's going to get it.
We are rolling now!
Unless Blackstone sells its share back to Universal, this property isn't worth as much to the new owners. It will slowly atrophy.
I can't see why Disney would buy it. They would only buy it to close it, but it will be at a high cost.
One would think that Disney knows the parks business well enough to make a fairly educated guess about what Universal's financial standing is ... assuming they even care that much.
Speilberg's deal with Universal was done when the first park was new and they thought they needed him to compete with Disney. He has an incredibly rich deal and is laughing all the way to the bank no matter what.
Disney already sees the books through the Marvel license. And you need a lot more than one share to see the books. No way Disney gets involved here -- they have enough exposure to Orlando.
NBC people have long run the parks with Blackstone largely in the background. They've made a bucket of money on the investment (they took a big dividend in 2004) and took a chance by agreeing to do Harry Potter (and adding back money to do so).
And Comcast has only spoken positively about the parks. Expect NBCU to take over or no deal to happen. No third party is coming in without NBCU/Speilberg/WB's approval.
I respond: Yeah but (as I posted) with Disney's knowledge of theme park operations and the information in quarterly numbers the Mouse wouldn't need that much more than one share. Plus that gets Mickey a free annual report.
I wonder if Disney owns any shares of Comcast?
Is that supposed to be "locals" or "local's" or "locals'?"