June 23, 1998 |
Marking its entry into Europe, Universal Studios' recreation division has made an investment of more than $60 million in Spain's largest theme park. The Port Aventura park--60 miles south of Barcelona--will be renamed Universal's Port Aventura as part of the deal, in which Seagram-owned Universal purchased the 37% stake from Pearson's Tussauds Group Ltd. Universal will share ownership with Caixa, Spain's leading savings bank, and Anheuser-Busch, the American brewer that also owns U.S.
September 21, 1997
The top 10 theme parks in Europe, based on attendance in 1996: Park: Disneyland Paris Location: Marne la Vallee, France Attractions: Varied attractions and themes Visitors (in millions): 11.7 * Park: Blackpool Pleasure Beach Location: Blackpool, England Attractions: Traditional and high-tech rides Visitors (in millions): 7.5 * Park: Tivoli Gardens Location: Copenhagen, Denmark Attractions: Gardens, rides, concerts, fireworks Visitors (in millions): 3.
CALIFORNIA | LOCAL
July 18, 2000
* Vertel Corp., Woodland Hills, announced changes in its management structure. Cyrus Irani has been appointed president and chief executive, replacing Bruce Brown, who will remain executive chairman. Irani will oversee all financial and administrative functions. Toni Graham has been appointed vice president, research and development. She will oversee all research and development for the company and will oversee the professional services team. Graham assumes the post vacated by Irani.
March 31, 2012 |
Hard-core Harry Potter fans who devoured the books, camped out for the movies and trekked through the theme park now have a new way to relive the boy wizard's adventures. PHOTOS: Making of Harry Potter studio tour Debuting Saturday, the Making of Harry Potter behind-the-scenes tour at theWarner Bros.studios in England will let wizards, mudbloods and muggles pull back the curtain on the movie-making secrets of the most successful film series of all time. Located 20 miles outside of London, the three-hour self-guided tour will take visitors past sets, props, costumes, models and special effects exhibits from the eight "Harry Potter" movies.
May 7, 2001 |
The big spender in the theme park industry, Universal Studios, is turning off the cash spigot after the biggest expansion in the company's history as its new French parent reviews the cost of keeping up with rival Walt Disney Co. in the resort business. Vivendi Universal--formed in 2000 with the $31-billion buyout of Universal's Canadian owner, Seagram Co.
October 26, 2002 |
Vivendi Universal has stepped up efforts to court investors for its marquee theme park business, as the media giant finds itself under continuing pressure to raise cash. Universal executives have been in talks with private equity groups about investing in the theme parks or expanding their existing stakes, according to sources familiar with the discussions.