Universal will announce plans for a second Wizarding World of Harry Potter attraction at Universal Studios Hollywood imminently, it has been claimed.
The Wall Street Journal cites "people familiar with the matter" as stating that the company will announce the Harry Potter land next week. Univeral has so far refused to comment, but the report is consistent with a recent quote from Universal Studios' President Ron Meyer, who revealed that further Potter attractions were being planned for the chain's theme parks outside of Orlando.
The sources claimed that Universal Studios Hollywood's version of the Wizarding World of Harry Potter will be very similar to the original at Universal Orlando's Islands of Adventure. This would point towards it featuring a replica of Hogsmeade Village, along with a recreation of Hogwarts Castle and a clone of the Harry Potter and the Forbidden Journey dark ride.
Universal will face two major barriers to bringing Harry Potter to Hollywood. The first is that it will need to strike a licensing deal with Warner Bros. for use of the franchise, as its existing deal only covers the Orlando resort. The second is that it will need to find room on the compact Universal Studios Hollywood site, either by removing existing attractions or by expanding into the studio's backlot area.
Universal Parks & Resorts has continued to benefit from the popularity of the Wizarding World of Harry Potter, which opened at Islands of Adventure in 2010. The Orlando Sentinel reports that the unit's revenues climbed by 9.1 percent in 2011's third quarter, to $531 million. Profits rose to $285 million from $252 million in the same period last year.
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