Comcast CFO describes Universal theme parks as "under-capitalized"

Posted Thursday, March 6, 2014 8:58 AM | Contributed by Jeff

Comcast Corp.'s investment in the theme parks industry is going well, said company CFO Michael Angelakis at a March 4 Morgan Stanley conference. He mentioned the success the theme park industry has had on the company's EBIDTA, and said the parks have been "under-capitalized" in recent years.