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How Investors May Respond To Comcast (CMCSA) Saudi Theme Park Plans And New Co-CEO Structure

Earlier in December, Comcast’s Universal Studios entered early-stage planning for a multibillion-dollar theme park in Saudi Arabia while Comcast also filed amended articles of incorporation removing obsolete preferred stock references and completed a network expansion to nearly 22,000 locations in Connecticut’s Litchfield County. The company also announced Michael J. Cavanagh’s appointment as Co-CEO from January 2026 and deepened its cloud gaming and managed services reach through Amazon…