Facebook Pixel Universal's $7 Billion Theme Park Sparks Arms Race With Disney | Mint Kolkata - newspaper - Les denne historien på Magzter.com
Gå ubegrenset med Magzter GOLD

Gå ubegrenset med Magzter GOLD

Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare

$149.99
 
$74.99/År

Prøve GULL - Gratis

Universal's $7 Billion Theme Park Sparks Arms Race With Disney

Mint Kolkata

|

May 23, 2025

Epic's Debut Comes as Some Americans Are Scaling Back Vacation Plans Amid Economic Concerns

- Jacob Passy

It was an experience straight out of a fairy tale: the chance to meet a dragon.

One by one, visitors walked up to an inky black creature named Toothless. When a visitor stroked the top of his head, Toothless closed his eyes and sighed a calm, blissful sound that prompted smiles, laughs, and even tears from the crowd.

There was no puppeteer pulling strings, no human inside a costume. It was just like being in "How to Train Your Dragon," and that is the point at Epic Universe, a new theme park that opens Thursday.

Toothless is the first theme-park character guests can interact with and touch that is animatronic, like the realistic robotic figures often used in rides and other attractions.

Another dragon flies above the park via drone.

Riding a carousel feels like floating among the night sky's constellations.

Flying on a magic elevator alongside Harry Potter to escape a charging Erumpent, a magical creature that resembles a rhinoceros, is stomach churning.

Punching power-up blocks while walking through Super Nintendo World is a video gamer's fantasy.

For about $7 billion, Universal's parent, Comcast, has built the first major U.S. amusement park to open in over two decades.

It is trying to feel like the theme park of the future.

The company invested in the highest-end technology to create immersive experiences and rides that make Walt Disney World's Jungle Cruise and Pirates of the Caribbean seem like museum pieces.

Universal secured over 160 patents in developing the park.

The goal in the theme park arms race is vacation-destination supremacy.

The new park sits on a 750-acre site and is part of an effort to transform the existing Universal Orlando Resort into a weeklong destination, said Mark Woodbury, chief executive officer of Universal Destinations and Experiences, the division of Comcast NBCUniversal that operates the company's theme parks around the globe.

FLERE HISTORIER FRA Mint Kolkata

Mint Kolkata

Mint Kolkata

Gen Z and millennials power India’s rapid upgrade cycle

The market for kitchen appliances, consumer electronics and furniture is entering a new phase: upgrade and switch.

time to read

2 mins

February 25, 2026

Mint Kolkata

Mint Kolkata

Inside Apple's push to build an all-American chip

control of Taiwan.

time to read

3 mins

February 25, 2026

Mint Kolkata

Mint Kolkata

Suzlon rejigs top deck to focus on growth and diversification

Suzlon Energy on Tuesday announced a leadership rejig with an eye on expansion, as longtime chief executive officer J.P. Chalasani moved on to oversee the group’s newer projects and a former top executive from the Adani Group stepped into his shoes.

time to read

2 mins

February 25, 2026

Mint Kolkata

Mint Kolkata

Global auto parts makers turn to India for engineering

Components majors such as Tenneco are expanding their manufacturing footprint in India

time to read

2 mins

February 25, 2026

Mint Kolkata

Mint Kolkata

Anxiety builds as Iranians brace for looming war with U.S.

As protests rekindle across Iran’s universities and an American fleet builds up offshore, Iranians are girding themselves for the chaos and violence that might unfold if the ruling regime is actually brought down.

time to read

4 mins

February 25, 2026

Mint Kolkata

A career break is a personal choice—and a financial test

Cover the break period plus 8-12 months of additional expenses to avoid forced decisions

time to read

3 mins

February 25, 2026

Mint Kolkata

India’s innovation story gets a new chapter: Nasscom launches the Makers Honor Awards

The Nasscom Makers Honor Awards reminds India that its technology story is written not only in boardrooms and on stock exchanges, but in lines of code, on factory floors, in hospital systems, and in the quiet discipline of engineers who build things that last

time to read

4 mins

February 25, 2026

Mint Kolkata

Mint Kolkata

Global PE giants eye stake in Synthimed in $200-mn deal

General Atlantic, KKR and CVC Capital are evaluating a minority stake buy in Synthimed

time to read

2 mins

February 25, 2026

Mint Kolkata

India’s role in AI diffusion was in the summit’s spotlight

In November 2023, a few governments and technologists gathered at Bletchley Park to discuss artificial intelligence (AI), seeking to come to terms with the technology they were developing.

time to read

3 mins

February 25, 2026

Mint Kolkata

Mint Kolkata

INDIA’S INVESTING PROBLEM IS NO LONGER INFORMATION—IT’S BEHAVIOURAL BIAS

Most Indians do not struggle with money for lack of information.

time to read

3 mins

February 25, 2026

Listen

Translate

Share

-
+

Change font size