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United Parks & Resorts Inc. Announces a $500 Million Share Repurchase Authorization
Prnewswire· 2025-09-05 13:00
ORLANDO, Fla., Sept. 5, 2025 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported that on Wednesday September 3, 2025, its stockholders approved a $500.0 million buyback authorization."We thank our stockholders for their vote on this important matter," said Marc Swanson, Chief Executive Officer of United Parks & Resorts Inc. "With our strong balance sheet and significant free cash flow generation, we are excited to be able to take advantage ...
Comcast Corporation (CMCSA) Presents At Bank Of America 2025 Media, Communications & Entertainment Conference Transcript
Seeking Alpha· 2025-09-03 21:25
Question-and-Answer SessionUnknown Analyst You've been at Universal for over 30 years and Chairman and CEO of Universal Destinations & Experiences since 2021, pretty turbulent period and a lot of change. Prior to that, you were Vice Chairman of Universal Creative, which is responsible for planning and design for Universal attractions and destinations worldwide. So kind of a very extensive background at the parks. And over that time, you've seen some transformative developments in the whole industry, particu ...
Comcast (CMCSA) 2025 Conference Transcript
2025-09-03 19:02
Comcast (CMCSA) 2025 Conference September 03, 2025 02:00 PM ET Company ParticipantsMark Woodbury - Chairman & CEO - Universal Parks & ResortsNoneStarted with Comcast, but really Universal theme parks. We're thrilled to have Mark Woodberry back, chairman and CEO of Universal Parks and Resorts. So thank you for for joining us again.Mark WoodburyPleasure.NoneYou've been at Universal for over thirty years and chairman and CEO of Universal Destinations and Experiences since 2021. Pretty turbulent period and a lo ...
Is Netflix Building a Real-World Entertainment Empire?
The Motley Fool· 2025-08-27 10:07
Netflix is testing theaters, merch, and themed experiences -- but is this a lasting strategy? Check out the potential upsides and risks.Media-streaming veteran Netflix (NFLX 0.60%) is trying a bunch of new things. The king of digital entertainment is adopting a bunch of old-school ideas right now. Some of these moves are already turning heads, but is this a unique moment in time or a fresh long-term strategy for Netflix?From Netflix views to Billboard hitsI'm sure you've seen a few of the headlines already. ...
Six Flags Is Having a Seriously Scary Summer
WSJ· 2025-08-16 01:00
Core Insights - Six Flags Entertainment is facing significant operational challenges, exemplified by the issues surrounding its new roller coaster, Siren's Curse, which has experienced frequent breakdowns since its opening in late June [1] Company Challenges - The Siren's Curse roller coaster at Cedar Point has received positive reviews but has also become notorious for its reliability issues, leading to negative perceptions among visitors [1]
United Parks & Resorts: Orlando Performance Was Encouraging, But It Is Not Enough
Seeking Alpha· 2025-08-13 13:20
I gave a hold rating to United Parks & Resorts (NYSE: PRKS ) in May, as I thought the health of the underlying demand was not robust and that the upcoming competition in Orlando was a big Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I hav ...
Did Disney Just Win the Streaming Wars? Read About CEO Bob Iger's Huge Announcement Here.
The Motley Fool· 2025-08-12 00:15
Iconic entertainment brand Disney (DIS 0.17%) had some exciting news for investors this week. The company reported earnings for the fiscal 2025 third quarter (ended June 28) and they were mediocre. But it was the company updates that stole the show, and it looks like Disney is getting into a better position in streaming. Let's see what's happening. Disney made some major announcements about its streaming business last week. The second streaming update caught a lot more attention in the market, and that's th ...
United Parks & Resorts Inc. Reports Second Quarter and First Six Months 2025 Results
Prnewswire· 2025-08-07 10:30
ORLANDO, Fla., Aug. 7, 2025 /PRNewswire/ -- United Parks & Resorts Inc. (NYSE: PRKS), a leading theme park and entertainment company, today reported its financial results for the second quarter and first six months of fiscal year 2025.Second Quarter 2025 Highlights Attendance was 6.2 million guests, an increase of approximately 48 thousand guests or 0.8% from the second quarter of 2024. Total revenue was $490.2 million, a decrease of $7.4 million or 1.5% from the second quarter of 2024. Net income was $80.1 ...
accesso® and Six Flags Extend 20-Year Ticketing Partnership with New 5-Year eCommerce Agreement
Prnewswire· 2025-08-07 06:00
Core Insights - accesso Technology Group has renewed its partnership with Six Flags Entertainment Corporation for a new five-year agreement to continue using the accesso Passport® platform, effective January 1, 2026 [1][4] - This renewal marks over 20 years of collaboration, with hundreds of millions of tickets sold online through the accesso Passport platform since 2006 [2][4] - The accesso Passport eCommerce suite is designed to handle large-scale operations, enhancing guest engagement and maximizing revenue opportunities through integrated up-sell and cross-sell capabilities [3] Company Overview - accesso Technology Group is a leading global provider of technology solutions for leisure and entertainment markets, serving over 1,200 venues worldwide [5] - The company focuses on enhancing guest experiences, driving revenue, and supporting data-driven decisions through innovative technology [5][6] Six Flags Overview - Six Flags Entertainment Corporation is North America's largest regional amusement-resort operator, with 27 amusement parks, 15 water parks, and nine resort properties across 17 states [7] - The company aims to provide fun and memorable experiences to millions of guests annually, featuring world-class attractions and a portfolio of beloved intellectual properties [7]
Disney Q3 EPS Jumps 16%
The Motley Fool· 2025-08-06 18:22
Walt Disney (DIS -2.16%), a global leader in entertainment, media, and theme parks, reported its results for Q3 FY2025 on August 6, 2025. The company's key news included a clear beat on adjusted EPS (non-GAAP), which reached $1.61 compared to analyst expectations of $1.45. Revenue (GAAP) came in at $23.7 billion— just under the consensus by 0.18%. While overall segment operating income (non-GAAP) increased to $4.6 billion, up 8%, the quarter highlighted a profitable shift in Direct-to-Consumer streaming, as ...