Universal’s parent, Comcast, spent $7B to create and build the first major U.S. amusement park to open in more than 20 years. The park, called Epic Universe, is a critical element of Comcast's push to make the Universal Orlando Resort into a Disney-esque weeklong destination, The Wall Street Journal reported.

The theme park rivalry between media giants Universal and Disney is heating up again with the opening of the new Epic Universe park in Orlando.

"Comcast is leaning into the theme park segment for a simple reason ... lands or rides, spark healthy competition between the companies to create more compelling and innovative attractions ...

Comcast has attributed its broadband subscriber losses to intense competition from mobile-service ... Comcast’s Universal Studios Hollywood theme park in January, forcing the park to close ...

Comcast faces challenges from declining cable subscriptions and fierce competition but sees growth ... the biggest new theme park project in decades. The park is scheduled to open on May 22 ...