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U eyes real (estate) pains. (Whole Lot O' Dough).(Universal Studios)(Brief Article)

About 1 pages (262 words)

Variety, May 12th, 2003

It's not just tax liabilities that make a split-up of Vivendi Universal Entertainment such a thorny issue. There's also a question of real estate.

If Viv U chief Jean-Rene Fourtou decides he can get the best price by splitting up U's movie, TV and theme park operations, the new owners could find themselves intimate neighbors on the 415-acre U lot.

For instance, the theme park's "Earthquake" ride is in Soundstage 50, right behind the studio's "Denver Street" location.

And selling the theme park would require paying licensing fees for pics like "Jurassic Park" and "Jaws," upon which park at...

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Snyder, Gabriel. Variety, May 12th, 2003. U eyes real (estate) pains. (Whole Lot O' Dough).(Universal Studios)(Brief Article). Content provided by HighBeam Research.



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