Blackstone Group Looks to Sell Shares in Universal Orlando

On Wednesday March 16th, the co-owner of Universal Orlando, The Blackstone Group, Looks to share its 50% share to NBCUniversal. Blackstone has owned shares with Universal since 2000. It is unclear why Blackstone is interested in selling it shares when Universal Revenue in 2010 jumped up 41% to $1.13 billion and attendance has increased 20% to 11.2 million. Thanks to the new addition The Wizarding World of Harry Potter, Universal is doing extremely well.  NBCUniversal has until June 12th to accept or reject the offer. A spokeswoman for NBCUniversal said, "We are studying the proposal and considering our options."          

Last Year Blackstone Purchased Busch Entertainment Corp for $2.7 Billion! Busch operates 10   entertainment parks in the US with one being in Orlando. 

Source for Post: http://westorlandonews.com/?p=47848

Fresh Start

As I am beginning to look deeper into my career, I am taking a short break from fulltime management to look at where I want to go with my career. I love the entertainment industry and want to develop myself a little further. So, I decided to go back and get a Second Masters degree in Entertainment Business management. I am very excited about it, but this blog will only be 25% of the experience. I am going to focus more on my Entertainment world....at Universal. Universal is growing as the years go and I am very excited at how it is turning out. I will post some true facts and some that is no confidential. Hey I have to pay my light bill! So I hope you enjoy the new articles and the pictures of what Universal has to offer, as we grow into the Best vacation destination in the world!