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Comcast Plans To Double Spending on Movies, TV Shows, Adding to Already Surging Studio Property Demand

Tech Giant To Spend More Than $3 Billion, up From About $1.5 Billion Last Year
Returning customers at venues including Universal Orlando Resort in Florida helped Comcast's theme park division reach a record quarterly profit. (Universal Orlando Resort)
Returning customers at venues including Universal Orlando Resort in Florida helped Comcast's theme park division reach a record quarterly profit. (Universal Orlando Resort)
CoStar News
January 28, 2022 | 12:27 AM

Media and technology giant Comcast plans to double spending this year on movies and TV shows for Peacock, one of several streaming services that's fueling escalating demand for soundstages and production offices across Los Angeles and other parts of the country.

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