Comcast may be exploring a significant acquisition of Warner Bros. Discovery — but the real story may be a rumored Universal Studios theme park project that could reshape global entertainment.Credit: Universal / Disney / edited by ITMComcast’s Quiet Power Move Could Reshape the Universal Studios Theme Park World in a Way No One Saw ComingSomething unusual is happening behind closed doors in Hollywood. Studio executives are making late-night phone calls, investors are watching the markets twitch, and long-standing entertainment alliances suddenly feel much less stable. It’s the kind of industry tension that usually precedes a dramatic shift — the sort that rewrites what audiences see on screens, in theaters, and yes, even inside theme parks. But what exactly is coming, and why are insiders bracing for a seismic change?Let’s follow the trail. Because if the whispers are true, it could set the stage for a surprising global expansion in a place no one expected.Credit: Sarah Larson, Inside the MagicA New Wave of Consolidation Is BrewingAccording to a recent report from Reuters, Comcast — the parent company of Universal — has taken concrete steps to explore a bid for Warner Bros. Discovery (WBD). Not rumors. Not speculation. Real action.Comcast has reportedly hired both Goldman Sachs and Morgan Stanley, two of the largest financial firms in the world, to examine the feasibility of a merger. Even more striking, Comcast was allegedly granted access to WBD’s internal data room, indicating that due diligence may already be underway.If the talks continue, the entertainment landscape could face one of the largest media consolidations in recent memory. Universal Pictures, DreamWorks, Illumination, Warner Bros., HBO, DC Studios, and Discovery Networks — all under a single corporate umbrella. A catalog so large it would bend gravity in Hollywood.But that’s just the tip of the wand.Credit: Warner Bros.The Streaming Battlefield: A High-Stakes ProblemEvery major entertainment conglomerate is fighting the same war: streaming. Peacock struggles to compete with Netflix and Disney+. Max battles churn and profit concerns. Alone, both face an uphill climb.Together? They would command one of the most extensive content libraries on Earth — scripted, unscripted, animation, prestige dramas, classic films, and blockbuster franchises. It would be a streaming superpower overnight.But for theme park fans, the bigger story lies beyond the streaming battle.Credit: Inside The MagicWhat This Means for Universal Parks — If the Deal HappensUniversal currently licenses Harry Potter from Warner Bros., which limits what Universal can build, where it can build it, and how far the Wizarding World can expand. A Comcast–Warner Bros. union would effectively end those restrictions.Imagine Universal free to integrate not only the Wizarding World, but also:DC ComicsLooney TunesAdult SwimCartoon NetworkHBO OriginalsSix Flags currently licenses DC and Looney Tunes, but ownership changes often lead to renegotiations — or entirely new partnerships.The creative possibilities would be enormous. A fully unified Wizarding World. Gotham as a land. Looney Tunes dark rides. A seamless pipeline from screen to attraction.Yet none of this is the most surprising development tied to Comcast’s quiet investigation into Warner Bros. Discovery.Because the deal’s potential implications stretch far beyond Hollywood, Orlando, or even the United States.Credit: Universal StudiosThe Part of the Story No One Saw ComingWhile industry conversations focus on streaming numbers and film libraries, another rumor has begun spreading through insider circles — and it’s much more global in nature.The whispers say Comcast may be in negotiations to open a Universal Studios theme park in Saudi Arabia.Rumor: Comcast is in negotiations to open a Universal Studios theme park in Saudi Arabia – @universalapex on XRumor: Comcast is in negotiations to open a Universal Studios theme park in Saudi Arabia pic.twitter.com/mO0yqFvyaD— Universal Apex (@universalapex) November 11, 2025This is where all the threads start to connect.A Saudi Arabian Universal park would be a massive financial, tourism, and cultural investment. But to make such a project work — to justify the costs, land, and international attention — Universal would need every major franchise it can possibly bring to the table. The more powerful the intellectual property portfolio, the more feasible an expansion of that scale becomes.Which brings us right back to Warner Bros. Discovery.The rumored Saudi Arabia project suddenly becomes a lot more realistic if Universal gains control of:Harry PotterDCLooney TunesHBO worldsDiscovery franchisesWarner Bros. animation and film classicsA new “global hub” park needs global IP recognition. WBD’s library brings exactly that.Is it coincidence that the Saudi Arabia rumor and the WBD merger exploration surfaced at nearly the same moment? Industry watchers aren’t so sure.Credit: UniversalWhy This Matters for the Future of Universal Studios Theme ParksWhether or not the merger happens, this moment marks a turning point. The entertainment industry is consolidating rapidly, and theme park empires are expanding where few predicted they ever would.If the Saudi Arabia Universal park rumor proves true, it would mark one of the most ambitious international theme park moves in decades. And if Comcast secures Warner Bros. Discovery, it could supercharge that project with a lineup of franchises unmatched anywhere on the planet.For now, the world watches. The executives negotiate. The data rooms are open. And the future of global entertainment hangs on what happens next.The post Superman, Batman, and Harry Potter: Universal Seeking to Build New Resort With New IPs appeared first on Inside the Magic.