Comcast just reported its quarterly earnings for the fiscal first quarter of 2024, and one headline surprised me.

CNBC summarizes what just happened as “Hot films, cooling theme parks.”

Universal Helios Grand Hotel Epic UniverseUniversal Helios Grand Hotel Epic Universe

Photo: Universal

There’s a sentence we haven’t seen in a while. For the first time since early in the pandemic, park revenue softened.

Let’s discuss what just happened and why

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