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FITNESS, HEALTH, WELLNESS

Latest news

Harry Potter drives success for Universal as Comcast records huge earnings for Q2

Harry Potter has been a resounding success for Universal’s theme parks, after the boy wizard helped the company rake in millions of dollars in revenue for the first half of 2015.

Universal’s parent company Comcast, said as part of its Q2 earnings report that theme park revenue year-on-year for the quarter jumped 25.7 per cent to US$773m (€706m, £499m), an increase of US$158m (€137m, £96.8m) compared to 2014’s results.

Comcast attributed the sharp increase to high guest spend and attendance, driven by the roaring success of Orlando’s Wizarding World of Harry Potter – Diagon Alley attraction, which since opening in July 2014 has reportedly already paid off half its cost.

Operating cash flow for the company’s theme parks nearly doubled, jumping 44.9 per cent to US$354m (€323.3, £228.5m), compared to US$244m (€222.8m, £157.5m) in the same quarter last year.

Revenue for the first six months of 2015 jumped 29.2 per cent to US$1.4bn (€1.3bn, £904m), increasing from US$1.1bn (€1bn, £710m) for the same period in 2014.

Comcast executives said that despite the positive results, they don't expect to see the fast-paced momentum of Diagon Alley to continue now that the attraction is a year older, forecasting growth to slow with single digit returns in its next earning report.

Universal continues to invest in its theme parks, with plans for a ‘next-gen waterpark’ in Orlando, a King Kong ride at Islands of Adventure, a new Wizarding World in California and potential new theme parks worldwide. Universal also recently signed a deal with Nintendo for theme park rights.

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Latest news

Harry Potter drives success for Universal as Comcast records huge earnings for Q2

Harry Potter has been a resounding success for Universal’s theme parks, after the boy wizard helped the company rake in millions of dollars in revenue for the first half of 2015.

Universal’s parent company Comcast, said as part of its Q2 earnings report that theme park revenue year-on-year for the quarter jumped 25.7 per cent to US$773m (€706m, £499m), an increase of US$158m (€137m, £96.8m) compared to 2014’s results.

Comcast attributed the sharp increase to high guest spend and attendance, driven by the roaring success of Orlando’s Wizarding World of Harry Potter – Diagon Alley attraction, which since opening in July 2014 has reportedly already paid off half its cost.

Operating cash flow for the company’s theme parks nearly doubled, jumping 44.9 per cent to US$354m (€323.3, £228.5m), compared to US$244m (€222.8m, £157.5m) in the same quarter last year.

Revenue for the first six months of 2015 jumped 29.2 per cent to US$1.4bn (€1.3bn, £904m), increasing from US$1.1bn (€1bn, £710m) for the same period in 2014.

Comcast executives said that despite the positive results, they don't expect to see the fast-paced momentum of Diagon Alley to continue now that the attraction is a year older, forecasting growth to slow with single digit returns in its next earning report.

Universal continues to invest in its theme parks, with plans for a ‘next-gen waterpark’ in Orlando, a King Kong ride at Islands of Adventure, a new Wizarding World in California and potential new theme parks worldwide. Universal also recently signed a deal with Nintendo for theme park rights.

Related news

Harry Potter goes Hollywood as Universal plans new Wizarding World in California for 2016

04 Jun 2015
Hogwarts is on its way to California after Universal announced plans for its hugely successful ...

Hogwarts Express makes Harry Potter Studio Tour debut

19 Mar 2015
The Warner Brothers Studio Tour London – The Making of Harry Potter, has officially launched ...

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The Warner Brothers Studio Tour London – The Making of Harry Potter, has announced it ...
Harry Potter has been a resounding success for Universal’s theme parks, after the boy wizard helped the company rake in millions of dollars in revenue for the first half of 2015.
TAW,VAT
758913_394930.jpg

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PureGym Group has announced that group chief financial officer, Alex Wood, is taking over the
Independent operator, Fitness Worx Gyms, is introducing private blood testing as a service to members.
International industry lobbying associations are calling for physical activity and strength training to be deeply
Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch
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BLK BOX has been reimagining elite performance spaces for more than a decade. Founder and former athlete, Greg Bradley, tells us what it takes
HCM promotional features
Sponsored
Pulse Fitness has created a new health club delivering an elevated wellness experience
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HCM magazine
HCM People

Stephen Price

Founder, SP&Co Group
Working in public health over the last few years has lit up parts of my brain again
HCM magazine
I experienced a blissful feeling of joy I hadn’t felt since I was a kid
HCM magazine
Small improvements to sleep, diet and physical activity have major benefits for the heart, according to new research from the University of Sydney
HCM magazine
For every member with a tripod and a big following, there are others irritated at the way equipment is being hogged or wary they’ll be in the background on someone’s Insta feed. Do influencers offer valuable, free marketing or are they just a nuisance? Kath Hudson finds out how operators are responding
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Raphael Cuomo explores the powerful link between addiction, health and behaviour change
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If the health service is to survive, we must recognise that it is a disease service – and that wellbeing rests with us, says the activity advocate and healthy ageing champion. He talks to Kate Cracknell
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Click on a catalogue to view it online
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Alliance Leisure Services (Design, Build and Fund) press release: Alliance Leisure completes £15m transformation at Doncaster Dome
Alliance Leisure are excited to announce the completion of works to the Lagoons at Doncaster Dome, on behalf of Doncaster Culture and Leisure Trust, funded by City of Doncaster Council.
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Y Felinheli, LL56 4QN
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Diary dates
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