Universal Epic Universe (South Expansion Complex) - Opens 2025

[Rich Brownn]

How is Disney as an ISP?

You are comparing Comcast's side hustles to Disney's bread and butter.

Huh?

 

[Rich Brownn]

No, you need to review your figures. 53% of Comcasts revenue is traditional cable TV. They realize that and are trying to diversify but timing may not be on thier side. Same thing can be said about lots of Disney content and it's traditional distribution methods.

Broadband	$6,177		$5,861		5.4	%					$24,469		$22,979		6.5	%
	Video	5,100		5,403		(5.6	%)					21,314		22,079		(3.5	%)
	Voice	716		825		(13.2	%)					3,010		3,417		(11.9	%)
	Wireless	883		709		24.7	%					3,071		2,380		29.0	%
	Business Services	2,444		2,337		4.6	%					9,700		8,933		8.6	%
	Advertising	892		818		9.1	%					3,067		2,820		8.8	%
	Other	424		454		(6.5	%)					1,687		1,719		(1.9	%)
	Cable Communications

Video does not comprise 53% of the revenue - in fact Broadband made more than video in 2022 per their annual report

 

[networkpro]

WHAT IS BIG?
(1) Cable Communications:	$65 Bil	53%
(2) NBCUniversal Media:	$20 Bil	16%
(3) NBCUniversal Studio And Theme Park:	$20 Bil	16%
(4) Sky:	$17 Bil	14%
TOTAL Revenues in FY2023:	$122 Bil	100%

WHAT HAS CHANGED?
Over FY2020-23
Change in Cable Communications:	$7.0 Bil
+ Change in NBCUniversal Media:	$3.0 Bil
+ Change in NBCUniversal Studio And Theme Park:	$9.4 Bil
+ Change in Sky:	$-1.2 Bil
TOTAL Change FY2020-23:	$18 Bil
+ Comcast Revenues in FY2020	$104 Bil
= TOTAL Revenues in FY2023	$122 Bil

 

[celluloid]

Huh?

I was pointing out similarly to you, that Universal under Comcast's, main company profit is in being an Internet Service Provider.

 

[phillip9698]

No, you need to review your figures. 53% of Comcasts revenue is traditional cable TV. They realize that and are trying to diversify but timing may not be on thier side. Same thing can be said about lots of Disney content and it's traditional distribution methods.

Revenue isnt really relevant, whats the total profit by each unit?

Im not an expert in Comcasts profit margins but if its true that broadband is 90% profit and cable is hovering around 30%, things may not be as bad as they seem on the surface.

 

[MrPromey]

WHAT IS BIG?
(1) Cable Communications:	$65 Bil	53%
(2) NBCUniversal Media:	$20 Bil	16%
(3) NBCUniversal Studio And Theme Park:	$20 Bil	16%
(4) Sky:	$17 Bil	14%
TOTAL Revenues in FY2023:	$122 Bil	100%

WHAT HAS CHANGED?
Over FY2020-23
Change in Cable Communications:	$7.0 Bil
+ Change in NBCUniversal Media:	$3.0 Bil
+ Change in NBCUniversal Studio And Theme Park:	$9.4 Bil
+ Change in Sky:	$-1.2 Bil
TOTAL Change FY2020-23:	$18 Bil
+ Comcast Revenues in FY2020	$104 Bil
= TOTAL Revenues in FY2023	$122 Bil

You understand that broadband and phone (though mostly broadband) are the majority chunk of that $65 billion in Cable Communications, right?

 

[networkpro]

You understand that broadband and phone (though mostly broadband) are the majority chunk of that $65 billion in Cable Communications, right?

Yes, and I also work in the 'last mile' industry.

 

[MrPromey]

Yes, and I also work in the 'last mile' industry.

Then why are you saying "53% of Comcast's revenue is traditional cable TV" if you know, apparently better than most, that that's not true?

 

[networkpro]

Then why are you saying "53% of Comcast's revenue is traditional cable TV" if you know, apparently better than most, that that's not true?

Its the same physical plant and infrastructure and baked in associated cost structure. It doesn't matter if its a package of channels or just a big internet delivery pipe. In fact the largest cable provider in the US, Spectrum, is doing away with the traditional set top box and replacing it with a streaming solution. Granted cable as an ISP is more profitable than packages, but also observe that like AT&T, Comcast has wandered into the acquisition of content creators minefield as well to both reduce their licensing costs to feed packages and sell that same content to others (note that this also includes advertising revenue)

Cable delivery of internet or packages still has to contend with the limitations and cost of DOCSIS. I'm not going to delve into technical fundamentals any further. Let it suffice to recognize that this is just a point in time and Comcast has sufficient funds to complete the initial build of Epic Universe.

 

[celluloid]

. Let it suffice to recognize that this is just a point in time and Comcast has sufficient funds to complete the initial build of Epic Universe.

This is the funniest way to say a day later "I guess they do have enough funds to finish this thing."

 

[MrPromey]

Its the same physical plant and infrastructure and baked in associated cost structure. It doesn't matter if its a package of channels or just a big internet delivery pipe. In fact the largest cable provider in the US, Spectrum, is doing away with the traditional set top box and replacing it with a streaming solution. Granted cable as an ISP is more profitable than packages, but also observe that like AT&T, Comcast has wandered into the acquisition of content creators minefield as well to both reduce their licensing costs to feed packages and sell that same content to others (note that this also includes advertising revenue)

Cable delivery of internet or packages still has to contend with the limitations and cost of DOCSIS. I'm not going to delve into technical fundamentals any further. Let it suffice to recognize that this is just a point in time and Comcast has sufficient funds to complete the initial build of Epic Universe.

I think where we were all going with this was you saying that most of their money was coming from traditional TV cable and also classifying that as a dying business that would soon not be able to fund stuff like this.

Obviously, we all know that folks still need internet access to get to things like Disney+ and since there is higher profit for companies like Comcast (and Spectrum) in providing broadband access than there is in acting as a traditional cable TV operator, the situation isn't actually that dire.

Not sure what DOCSIS has to do with any of this discussion. They're going to need to transition to fiber some day if they haven't already started in some areas but I imagine that'll probably be a pretty slow and controlled rollout and of course, Disney+ and Neflix and Co. will all be helping to foot the bill on that whether they want to or not... along with the rate increases to customers that'll help keep the Comcast brand as one of the most disliked in the country.

As for the content, something tells me we won't be seeing Peacock Day at a Universal park anytime soon.

Good thing they didn't decide to name it Comcast's Epic Universe.

 

[Rich Brownn]

WHAT IS BIG?
(1) Cable Communications:	$65 Bil	53%
(2) NBCUniversal Media:	$20 Bil	16%
(3) NBCUniversal Studio And Theme Park:	$20 Bil	16%
(4) Sky:	$17 Bil	14%
TOTAL Revenues in FY2023:	$122 Bil	100%

WHAT HAS CHANGED?
Over FY2020-23
Change in Cable Communications:	$7.0 Bil
+ Change in NBCUniversal Media:	$3.0 Bil
+ Change in NBCUniversal Studio And Theme Park:	$9.4 Bil
+ Change in Sky:	$-1.2 Bil
TOTAL Change FY2020-23:	$18 Bil
+ Comcast Revenues in FY2020	$104 Bil
= TOTAL Revenues in FY2023	$122 Bil

Cable Communications includes video and internet. Internet makes ups the majority of the profit.

 

[Rich Brownn]

I think where we were all going with this was you saying that most of their money was coming from traditional TV cable and also classifying that as a dying business that would soon not be able to fund stuff like this.

Obviously, we all know that folks still need internet access to get to things like Disney+ and since there is higher profit for companies like Comcast (and Spectrum) in providing broadband access than there is in acting as a traditional cable TV operator, the situation isn't actually that dire.

Not sure what DOCSIS has to do with any of this discussion. They're going to need to transition to fiber some day if they haven't already started in some areas but I imagine that'll probably be a pretty slow and controlled rollout and of course, Disney+ and Neflix and Co. will all be helping to foot the bill on that whether they want to or not... along with the rate increases to customers that'll help keep the Comcast brand as one of the most disliked in the country.

As for the content, something tells me we won't be seeing Peacock Day at a Universal park anytime soon.

Good thing they didn't decide to name it Comcast's Epic Universe.

Last mile fiber turned out to be an expensive dead end.

 

[celluloid]

As for the content, something tells me we won't be seeing Peacock Day at a Universal park anytime soon.

Good thing they didn't decide to name it Comcast's Epic Universe.

Also a good thing that they were smart enough to have a deal with Netflix for their content too! More kids and families are raised by Universal's content than ever. Their theatrical and home content in that arena have done very well recently.(last decade)

 

[some other guy]

Helios is the sun god in Greek mythology, why would it have a neon blue chinese restaurant?

sun gods can like panda express too

 

[SouthDakotaTink]

I hope they have enough funding to fully complete it. The Comcast money printing machine (monthly cable TV revenue) is running out of steam. On average, Comcast lost more than 5,500 TV customers every single day in 2023. As of Q3 2023, Comcast has 14.5 million subscribers. This is a decrease from previous years and a 20% decline from 19.36 million cable subscribers in the first three months of 2022. The Hulu sale is just a one time revenue event.

I have to say I miss Comcast cable... I moved from NJ to SD and I don't have them as a option. Their cable was the best!

 

[networkpro]

I have to say I miss Comcast cable... I moved from NJ to SD and I don't have them as a option. Their cable was the best!

Wow, I bet that was a culture shift!

 

[celluloid]

I have to say I miss Comcast cable... I moved from NJ to SD and I don't have them as a option. Their cable was the best!

I went from FL to Idaho, so I get culture and lifestyle changes. I hope to stop by and see Wall Drug on a future road trip.

 

[trr1]

bioreconstruct
@bioreconstruct
Aerial overview of Epic Universe.

Aerial overview of Epic Universe.

Aerial photo of Helios Grand in-park resort at Epic Universe.

Aerial photo of the portal of Super Nintendo World in Epic Universe.

Aerial photo of cascading water features near the front of Epic Universe

Aerial photo of the front of Starfall Racers. The dual-racing roller coaster in Epic Universe.

Aerial photo looking across Epic Universe.

Aerial look at the construction of Celestial Carousel in Epic Universe.

Aerial photo of a deep excavation at front of Starfall Racers. The dual-racing roller coaster in Epic Universe.

 

[trr1]

bioreconstruct
@bioreconstruct
Aerial look at development in the Southwest corner of the Epic Universe development. West of Terra Nova.Parking lot was originally a staging area of track for Yoshi's Adventure.

Aerial photo of work so far near what will be Chronos Tower over the semicircle portal into Epic Universe.The curved green wall at center of this photo will be an overlook of cascading water features.

Aerial photo of the front of the Epic Universe Harry Potter land.

Aerial photo of areas outside the Harry Potter land in Epic Universe.

Aerial photo of an area of an Epic Universe entrance building.

Aerial photo of current work on the raised traffic circle near Epic Universe. Donkey Kong roller coaster top left. Stella Nova at top right.

Aerial photo of How To Train Your Dragon land and the Starfall Racers roller coaster station near Celestial Park in Epic Universe.

Aerial photo of cascading water features in Epic Universe.1 A roof that likely will be placed at 23 Foundations of a bridge4 Plumbing for fountains in elaborate patterns can be seen in this basin.

Aerial look at the landscaping in progress near the exit of the Epic Universe Harry Potter land.Many of these octagon shaped foundations have been spotted through Celestial Park. The white pipes indicate water supply, so a good guess is these are Coca-Cola Freestyle locations.