Ursulinda
10-19-2006, 11:40 AM
These two paragraphs were the end of a long article on restructuring NBC Universal (owned by GE)
Plans are still in flux for Universal Parks & Resorts. That division owns a theme park and an adjoining shopping complex north of Los Angeles and has significant interests in parks in Orlando, Fla., and elsewhere. The company may trim off-season hours at the theme parks.
Last year, Mr. Immelt, the GE chief executive, floated the idea of selling part or all of the parks to help finance a possible acquisition of DreamWorks SKG, according to several people with knowledge of the matter. But a sale would be difficult because NBC Universal doesn't fully own all its parks, and another studio ended up buying DreamWorks.
Plans are still in flux for Universal Parks & Resorts. That division owns a theme park and an adjoining shopping complex north of Los Angeles and has significant interests in parks in Orlando, Fla., and elsewhere. The company may trim off-season hours at the theme parks.
Last year, Mr. Immelt, the GE chief executive, floated the idea of selling part or all of the parks to help finance a possible acquisition of DreamWorks SKG, according to several people with knowledge of the matter. But a sale would be difficult because NBC Universal doesn't fully own all its parks, and another studio ended up buying DreamWorks.