Universal Orlando’s corporate owner has acknowledged the purchase of a large tract of land “adjacent to an existing theme park” in its earnings report released Wednesday morning.
Comcast Corp. listed the $130 million purchase as one of its major expenses in the fourth quarter.
Comcast also has other Universal theme parks, including another in Hollywood. The earnings report did not specify which city the property was in.
But in December, an LLC that sources said was affiliated with Universal bought more than 450 acres of property here in Orlando, near International Drive and close to the Orange County Convention Center. Universal has never acknowledged the purchase and the amount paid for the land was not revealed. The property was transferred through a simple quitclaim deed Dec. 18 to the obscure Delaware company.
The land is close to both Universal Orlando’s main complex and its Wet ‘n Wild water park.
Universal previously had owned the property but had sold it off several years ago when the theme park company was under different ownership.
A Universal spokesman could not immediately be reached for comment Wednesday.
In the rest of the earnings release, Comcast said its theme park division’s revenues grew 38 percent in the fourth quarter to $1 billion. Full year revenues grew 27 percent to $3.3 billion.
The company will discuss the earnings report at 8:30 a.m. today.