Posted Wednesday, September 16, 2015 9:30 AM | Contributed by Jeff
The owners of Universal Studios Japan, including Goldman Sachs Group Inc, are in talks to sell a stake in the theme park to Comcast Corp's NBCUniversal, the Wall Street Journal reported, citing people familiar with the matter.
Read more from Reuters.
What a crazy reversal from the days when Comcast first showed interest in NBCUniversal. Back then all the speculation was that they would divest the theme parks.
Yes it is. I surmise that management has finally seen the handwriting on the wall. Cable companies as we now know them will be a non existent in the near future, and this income stream looks a whole lot better to them than when they bought Universal.
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