Well, it's official. Universal has sold its Lockheed land. That land was planned for development of more Universal hotels and two new Universal theme parks. This deal locks Universal to its currently developed land of two theme parks, a few hotels, and CityWalk. It also means that it would not have land to develop new theme theme parks to compete with Disney's four. Disney has 28,000 acres, of which there is still land available for at least two new theme parks, several smaller theme parks, and dozens of new hotel resorts.
Universal, a few years ago, had purchased Wet and Wild. So far, that theme park continues to operate independently. Universal is in the process of being sold to NBC. NBC could add their brand to Universal theme parks, as Disney has added ABC to its theme parks, after it had purchased the network a few years ago. However, the current CEO of NBC expressed that he is not interested in Universal theme parks, and that he may sell the Universal parks after the merger is completed.
Last year, Disney seriously considered purchasing the Universal parks, but its current owner, Vivendi, would not sell Disney just the parks, but wanted a buyer for Universal's film division and music division as well. If NBC sells the Universal theme parks, Disney could be a likely buyer. One problem with this scenario would be that the Orlando parks are half-owned by Universal. If Disney buys Universal's half, they would have to live with the partnership they would inherit, or buy their partner's stake as well.
Universal, a few years ago, had purchased Wet and Wild. So far, that theme park continues to operate independently. Universal is in the process of being sold to NBC. NBC could add their brand to Universal theme parks, as Disney has added ABC to its theme parks, after it had purchased the network a few years ago. However, the current CEO of NBC expressed that he is not interested in Universal theme parks, and that he may sell the Universal parks after the merger is completed.
Last year, Disney seriously considered purchasing the Universal parks, but its current owner, Vivendi, would not sell Disney just the parks, but wanted a buyer for Universal's film division and music division as well. If NBC sells the Universal theme parks, Disney could be a likely buyer. One problem with this scenario would be that the Orlando parks are half-owned by Universal. If Disney buys Universal's half, they would have to live with the partnership they would inherit, or buy their partner's stake as well.