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Paul Walker
L.A.-Harry Potter theme parks, 'Fifty Shades' boost NBCUniversal profit
L.A.-Harry Potter theme parks, 'Fifty Shades' boost NBCUniversal profit

NBCUniversal is celebrating its wizarding world of Universal Studios. Four years ago, when Comcast took controlling interest of NBCUniversal, the Universal theme park unit was something of a humdrum affair that generated about $400 million a year for the company. Fast forward to 2015, and theme parks have become the fastest-growing segment of the media company. This year, the parks in Orlando, Fla., and Los Angeles should generate $1.3 billion in operating cash flow.  ------------ For the record May 8, 3:30 p.m.: An earlier version of this article incorrectly stated that the Universal theme parks would generate $1.3 billion in revenue this year. The theme parks are expected to...

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