Universal Studios Theme Parks
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Universal Studios Theme Parks
Universal Parks & Resorts, also known as Universal Studios Theme Parks or solely Universal Theme Parks, is the theme park unit of NBCUniversal, a subsidiary of Comcast. The company, headquartered in Orlando, Florida, operates Universal theme parks and resort properties around the world. Universal Parks & Resorts is best known for attractions and lands based on famous classic and modern pop culture properties (movies, television, literature, cartoons, comics, video games, music, etc.) from not only NBCUniversal, but also third-party companies, for all of its parks. It started as a touring attraction in the 1910s at the Universal Studios Lot in Universal City near Los Angeles, California, and in 1964 turned into a Universal Studios Hollywood theme park destination, where guests can look behind the scenes of motion pictures and television programs, produced by Universal Pictures and occasionally others, and ride the attraction based on the world's favorite feature films and televi ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Universal City, California
Universal City is an unincorporated area within the San Fernando Valley region of Los Angeles County, California, United States. Approximately 415 acres (1.7 km) within and around the surrounding area is the property of Universal Pictures (NBCUniversal's film studio), one of the five major film studios in the United States: about 70 percent of the studio's property is inside this unincorporated area, while the remaining 30 percent is within the Los Angeles city limits. Universal City is primarily surrounded by Los Angeles with its northeastern corner touching the city of Burbank, California, Burbank, making the unincorporated area a county island. Located within the area of Universal City is the Universal Studios Hollywood film studio and theme park, as well as the Universal CityWalk shopping and entertainment center. Within the Los Angeles city limits lies 10 Universal City Plaza, a 36-floor office building for Universal and NBC; the Sheraton Hotels and Resorts, Sheraton ...
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Red Pog
Red is the color at the long wavelength end of the visible spectrum of light, next to orange and opposite violet. It has a dominant wavelength of approximately 625–740 nanometres. It is a primary color in the RGB color model and a secondary color (made from magenta and yellow) in the CMYK color model, and is the complementary color of cyan. Reds range from the brilliant yellow-tinged scarlet and vermillion to bluish-red crimson, and vary in shade from the pale red pink to the dark red burgundy. Red pigment made from ochre was one of the first colors used in prehistoric art. The Ancient Egyptians and Mayans colored their faces red in ceremonies; Roman generals had their bodies colored red to celebrate victories. It was also an important color in China, where it was used to color early pottery and later the gates and walls of palaces. In the Renaissance, the brilliant red costumes for the nobility and wealthy were dyed with kermes and cochineal. The 19th century brought the ...
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Walt Disney World
The Walt Disney World Resort, also called Walt Disney World or Disney World, is an entertainment resort complex in Bay Lake and Lake Buena Vista, Florida, United States, near the cities of Orlando and Kissimmee. Opened on October 1, 1971, the resort is operated by Disney Parks, Experiences and Products, a division of The Walt Disney Company. The property covers nearly , of which half has been used. The resort comprises four theme parks (Magic Kingdom, Epcot, Disney's Hollywood Studios, and Disney's Animal Kingdom), two water parks (Disney's Blizzard Beach and Disney's Typhoon Lagoon), 31 themed resort hotels, nine non-Disney hotels, several golf courses, a camping resort, and other entertainment venues, including the outdoor shopping center Disney Springs. On October 1, 2021, Walt Disney World started their celebration of its 50-year anniversary which will last for 18 consecutive months ending on March 31, 2023. Designed to supplement Disneyland in Anaheim, California, which ...
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Merlin Entertainments
Merlin Entertainments Limited is a British entertainment company based at Poole in Dorset, England. It was listed on the London Stock Exchange until November 2019, when it was acquired by a consortium that includes Kirkbi A/S (the investment arm of the Christiansen family, which controls The Lego Group). History In December 1998, Nick Varney, Andrew Carr and the senior management team of Vardon Attractions (Vardon plc) completed a management buyout of the company to form Merlin Entertainments Group Ltd., with the backing of the private equity firm Apax Partners. Apax sold the company in 2004 to another financial investor, Hermes Private Equity. In May 2005, the company was acquired from Hermes by a division of The Blackstone Group, which later started a major expansion. Over the years, Merlin acquired Gardaland, an Italian theme park, and The Tussauds Group. The company was first listed on the London Stock Exchange in 2013. Legoland When the Legoland theme park was up for ...
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Palace Entertainment
Palace Entertainment is a subsidiary of Madrid, Spain based Parques Reunidos which operates various attractions including amusement parks, zoos, and water parks around the world. Palace Entertainment is based in Pittsburgh, Pennsylvania and is primarily involved in the operation of attractions in the United States. History Palace Entertainment was established in 1998, after the acquisition of four independently owned family entertainment companies. These four companies consisted of five brands: Camelot Parks, Palace Park, Boomers!, Grand Prix Race-O-Rama and Family Fun Center. In the early 2000s the company purchased various Water Parks and Family Entertainment Centers. On February 27, 2006, it was announced that MidOcean Partners was to acquire Palace Entertainment. This transaction occurred in the second quarter 2006. On August 24, 2007, MidOcean Partners sold Palace Entertainment to Parques Reunidos for $330 Million. This transaction took place in the third quarter of 200 ...
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Parques Reunidos
Parques Reunidos (meaning "Reunited Parks") is an international entertainment operator based in Madrid, Spain. The group operates over 60 parks in about dozen countries. Parques Reunidos operates theme and amusement parks, zoos, water parks, family entertainment centers, and cable cars. These facilities are located in Spain, Belgium, Norway, the Netherlands, Denmark, the United Kingdom, Germany, France, Italy, the United Arab Emirates, Australia and the United States. Through acquisitions of established names such as Kennywood Entertainment Company, Dutch Wonderland and Palace Entertainment, Parques Reunidos greatly expanded its presence in American amusement operations beginning in 2007 through today. Annual visitors to the group's attractions exceed 22 million, with revenue exceeding $570 million (USD). In 2008 it had the fifth-highest attendance figures for worldwide chains with 24.9 million, ahead of SeaWorld Parks & Entertainment and Cedar Fair Cedar Fair, L.P., formally ...
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Herschend Family Entertainment
Herschend Family Entertainment (HFE) is a privately owned themed-entertainment company that operates several theme parks and tourist attractions within the United States, and as of 2021, one aquarium in Vancouver, Canada. Founded by Jack and Pete Herschend of Branson, Missouri, in its early years HFE was simply known as Herschend Enterprises. In the 1980s the name was changed to Silver Dollar City Inc., and in 2003, the company gained the current name. HFE is currently headquartered in Peachtree Corners, Georgia. The company's mission is to "Create Memories Worth Repeating” in a manner “consistent with Christian values and ethics.” History HFE traces roots back to Hugo and Mary Herschend from Chicago, Illinois along with sons Jack and Pete. The family vacationed in Missouri's Ozark Mountains region and fell in love with the nature the area offered. In 1951 Hugo obtained a 99-year lease on a Branson, Missouri area attraction called Marvel Cave. Hugo suffered a heart attack ...
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SeaWorld Parks & Entertainment
SeaWorld Parks & Entertainment is an American theme park and entertainment company headquartered in Orlando, Florida. The company is a subsidiary of SeaWorld Entertainment Inc. and owns and operates thirteen recreational destinations in the United States, including eight theme parks and five water parks. Notable brands within its portfolio include SeaWorld and Busch Gardens. In May 2018, Themed Entertainment Association and the global management firm AECOM reported that SeaWorld Parks & Entertainment ranked ninth in the world for attendance among theme park companies, led by parks SeaWorld Orlando and Busch Gardens Tampa Bay. History Busch Gardens Anheuser-Busch started its Busch Gardens parks with its Tampa, Florida location in 1959, which is considered the beginning of its Busch Entertainment unit. Tampa was expanded in 1962. A second modern Garden theme park and tropical reserve, was built in 1966 next to the Van Nuys brewery. A third location, Busch Gardens Williamsburg, opene ...
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Six Flags
Six Flags Entertainment Corporation is an American amusement park corporation, headquartered in Arlington, Texas. It has properties in Canada, Mexico, and the United States. Six Flags owns the most theme parks and waterparks combined of any amusement-park company and has the seventh highest attendance in the world. The company operates 27 properties throughout North America, including theme parks, amusement parks, water parks, and a family entertainment center. In 2019, Six Flags properties hosted 32.8 million guests. Six Flags was founded in the 1960s and derived its name from its first property, Six Flags Over Texas. The company maintains a corporate office in Midtown Manhattan, and headquarters in Arlington, Texas. On June 13, 2009, the corporation filed for Chapter 11 bankruptcy protection because of crippling debt, which it successfully exited after corporate restructuring on May 3, 2010. History Origin The name "Six Flags" originally referred to the flags of the si ...
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Disney Parks, Experiences And Products
Disney Parks, Experiences and Products, Inc., formerly Walt Disney Parks and Resorts Worldwide, Inc. and informally known as Disney Parks, is one of The Walt Disney Company's five major business segments and a subsidiary. It was founded on April 1, 1971, exactly six months before the opening of Magic Kingdom at Walt Disney World Resort in Bay Lake, Florida, just outside of Orlando. Originally, the company was known as Walt Disney Outdoor Recreation Division and later as Walt Disney Attractions. The most recent chairman of Walt Disney Parks and Resorts was Bob Chapek, formerly president of Disney Consumer Products. Chapek was promoted to CEO of The Walt Disney Company on February 25, 2020. On May 18, 2020, Josh D'Amaro was appointed as chairman of the division, succeeding Chapek. In 2018, the company's theme parks hosted over 157.3 million guests, making Disney Parks the world's most visited theme park company worldwide, with United Kingdom-based Merlin Entertainments comin ...
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Cedar Fair
Cedar Fair, L.P., formally Cedar Fair Entertainment Company, is a publicly traded master limited partnership headquartered at its Cedar Point amusement park in Sandusky, Ohio. The company owns and operates eleven amusement parks, nine included-with-admission outdoor waterparks, four separate-admission outdoor water parks, one indoor water park, and fourteen hotels/lodging in the US and Canada. History Cedar Point amusement park began as a bathing beach resort in the 1870s, and its growing popularity as a recreational destination led to the formation of Cedar Point Pleasure Resort Company in 1887. The company was founded with the purpose of expanding the resort commercially. An economic depression in the 1890s threatened the resort's future, however. A newly formed business, Cedar Point Pleasure Resort Company of Indiana led by George Arthur Boeckling, purchased Cedar Point for $256,000 in 1897. It was later reorganized as the G.A. Boeckling Company. The resort thrived under Boec ...
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