Universal Studios Beijing
Views: 2,122,275 Subscribe

Comcast-owned Universal Studios is now breaking ground with its forthcoming film-themed amusement park in China, which it expects to open in 2018. However, Universal Studios is not new to Asia -- this new park near Beijing will be the company's fourth in Asia outside of the well-established ones in Japan and Singapore and the coming Universal Studios park in South Korea.

Theme park operations have been a lucrative segment for Comcast, both because of the American theme parks and the company's Asian growth. The company made $2.2 billion in total theme park income during 2013 and reported $1 billion in operating cash flow. At an investor conference in January, Comcast CEO Brian Roberts said that the company is "doubling down on theme parks," and that "We think there is a lot there in the theme park business for many years to come, and that we have the low market share and only one way to go."

Article Link:
http://www.fool.com/investing/general/2014/05/02/comcast-will-open-universal-studios-in-china-can-i.aspx

Any idea who the chinese partner is?

Published in the Hollywood Reporter on 4th March 2014:
http://www.hollywoodreporter.com/news/universal-studios-build-2-billion-686156

Universal Studios is planning to open a Hollywood movie theme park, Universal Studios Beijing, in the suburbs of the Chinese capital in collaboration with a local state tourism company.

The news was released on the website Sina's property pages, and spread quickly online, with much excited chatter on China's Twitter, Weibo.

The facility will cover a 51-acre site and the total budget will be 12 billion yuan ($1.95 billion), with construction due to start in the fourth quarter of 2014, according to the local media report.

Source:
http://www.hollywoodreporter.com/news/universal-studios-build-2-billion-686156

(1/7/14) According to this report at ThemeParkInsider, a report found from Shanghai Securities News claims that an application to begin construction on a Universal Studios park in the Tongzhou District of Beijing was filed, with work to begin in late 2014 on this $2 billion project. They claim that demolition of existing structures and site clearing on the site has already begun, with a goal of opening the park in 2018.

Sources:
http://www.themeparkinsider.com
http://www.screamscape.com

They talk about Tongzhou district again. Looks like The Theme Park Guy caught the right spot back in 2009:



Source:
http://www.thethemeparkguy.com/park/universal-studios-beijing/

Location of the park:


Construction start in Q4 2014, exact location description in this article, but very hard to understand even with Google Translate:
http://www.soufun.com/news/2013-12-19/11721279.htm

Job Openings for Universal Studios China:
http://www.indeed.com/m/viewjob?jk=2714a3dd6e8e4c66&from=serp

Mandarin Speaking Project Management Opportunities
Universal Creative - Orlando, FL 32819

From Theme Park Insider:
Is Universal Studios China on its way?

Written by Robert Niles
Published: January 4, 2014 at 7:20 AM

A Universal Studios theme park in Beijing appears one more step closer to happening, according to a Chinese report.
Blooloop found a report from Shanghai Securities News that officials from the National Development and Reform Commission in Tongzhou District in Beijing have filed an application to begin construction on the park in the fourth quarter of this year.

The project's budget is estimated at US$2 billion (RMB12 billion). Demolition is underway at the site, and the report says that construction would be completed by January 2018.

http://www.themeparkinsider.com

Creative is trying to keep it quiet. Expect a construction period similar to Singapore, except this time around they'll have more control over what happens in the rest of the resort.

No truth ..then we have the official announcement from Beijing or central government, i believe the negotiation is on going. If not, it would have been release at IAAPA 2013...