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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 revenue.  The Orlando park, which boasts the hugely popular Wizarding World of Harry Potter attraction, has been a bright spot for the company. The theme parks' financial results reinforce the company's strategic decision...

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