Who Owns Universal Studios

Universal Studios is a Los Angeles based film studio and theme park located in California. The Studio is distributed between the unincorporated county island and the Los Angeles city, California. With its official marketing headline being “The Entertainment Capital of LA” it is one of the oldest and renowned Hollywood film studios that are still in use.

History

Carl Laemmle, an American film producer, opened Universal city in the year 1915. He later proffered the general public the experience of what goes behind the making of their favorite films for just 5 cents. Since the Universal City used to be a part of the working farm the public also had the chance to buy fresh farm produce as well. The Studio is the first one of its kind.

Universal Pictures

Universal Pictures is a US-based film production and distribution company under the trade name Universal Pictures. It also happens to be a member of the Motion Picture Association. Dame Donna Langley- Shamshiri, a British movie executive is the current Chairman of Universal Pictures.

Divisions of Universal Pictures 

Universal Animation Studios

Universal Animation Studios is an animation studio based in the U.S. It is also a subsidiary of Comcast’s NBCUniversal. The studios hold the franchise of the titles Woody Woodpecker, An American Tail, The Land Before Time, Alvin and the Chipmunks, Balto, Charlotte’s Web and Curious George.

IIumination

It is another U.S based animation company established by Chris Meledandri in the year 2007. The studio is famous for its franchises Despicable Me and The Secret Life Of Pets. The Illumination company has produced  10 feature films so far grossing $695.4 million per film. The Minions from the Despicable Me series are thought to be the mascots of the studio. 

The films from its franchise won several Accolades. So many of these films are nominated for Academy Award, Golden Globe Award, Annie Award, BAFTA Award, Critics’ Choice Award etc., 

Focus Features

A film distribution and production company based in America mainly focussed on the distribution of independent and foreign films in the U.S and internationally.

Universal Pictures Home Entertainment

It is Universal Studios 

Universal Studios Hollywood is a Los Angeles based film studio and theme park. The Studio is distributed between the unincorporated county island and the Los Angeles city, California. With its official marketing headline being “The Entertainment Capital of LA” it is one of the oldest and renowned Hollywood film studios that are still in use.

Universal Pictures is a US-based film production and distribution company under the trade name Universal Pictures. It also happens to be a member of the Motion Picture Association. Dame Donna Langley- Shamshiri, a British movie executive is the current Chairman of Universal Pictures.

Subsidiaries 

DreamWorks Animation

It is an American Animation studio  renowned for films for its blockbuster animated films like Spirit Untamed released on June 4, 2021, The Boss Baby, The Bad Guys and Puss in Boots: The Last Wish. The studio also holds the franchise of some of the most iconic animated films which are Prince of Egypt, Shrek, Madagascar, How to train your Panda, Trolls, Spirit, Sinbad,  etc., It is owned by NBCUniversal.

Amblin Partners

It is an American entertainment and production company and a counterpart of DreamWorks. The company is led by Steven Spielberg and produces films under the banner name Amblin Entertainment and DreamWorks Pictures banners. It also has a share in Television I.e., Amblin Television.

NBCUniversal Entertainment Japan LLC

It is a limited liability company headquartered in Tokyo primarily involved in the production and distribution of Japanese home entertainment, anime and music.

Net worth

As of May 2021, the estimated net worth of Universal Studios is $6 billion, which is made mostly out of the huge movie business they own.

Who owns the Universal Studios 

The studio is owned by NBCUniversal Media through Comcast. Both are parent organisations of Universal Studios.

NBCUniversal Media is a New York City headquartered entertainment Conglomerate which is owned by Comcast. The current CEO of NBCUniversal Media is Jeff Shell. 

Comcast is a holding company owned by Brian L. Roberts. He is also the Chairman and CEO of Comcast Corporation.

Wrapping up

To read more interesting business models, refer to Zeen blog.

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