Falcon’s Beyond Global, Inc. is a publicly traded entertainment company specializing in family-friendly attractions, themed resorts, and licensing of entertainment properties, with international joint ventures and a growing portfolio of proprietary and licensed brands.

# Falcon’s Beyond Global, Inc. - Company Summary

**Business Focus:**
- Falcon’s Beyond Global, Inc. is engaged in the entertainment development and operations industry, with a focus on family entertainment, themed attractions, and creative media.

**Core Activities:**
- Development and management of family entertainment resorts and attractions.
- Licensing of entertainment properties and brands.
- Creation and expansion of themed entertainment content and experiences.
- International joint ventures and collaborations, notably with Meliá Hotels International and other hospitality partners.

**Corporate Structure & Key Subsidiaries:**
- Falcon’s Beyond Global, LLC (primary operating entity)
- Falcon’s Creative Group, Falcon’s Digital Media, Falcon’s Licensing, and Falcon’s Opco.
- Operates joint ventures such as Sierra Parima (a joint venture with Meliá for Katmandu Park), and manages interests in other entertainment and hospitality business units.

**Size & Financials (as of April 30, 2025):**
- Total Shares Outstanding: 
  - Class A Common Stock: 37,226,927 shares issued and outstanding.
  - Class B Common Stock: 83,814,187 shares issued and outstanding.
- Market Capitalization (as of June 30, 2024): Approximately $74.9 million, based on a stock price of $10.46 per share.
- Employees: Not explicitly stated in the provided excerpt.
- Revenue & Income: Not disclosed in the provided document; focus is on organizational structure, executive team, and equity structure.

**Customer & Market Presence:**
- The company operates in a niche of family entertainment and theme parks, with interests in international markets through joint ventures and licensing agreements.
- Specific customer numbers and detailed revenue figures are not provided in the excerpt.

**Leadership & Governance:**
- Executive Chairman: Scott Demerau
- CEO: Cecil D. Magpuri
- President: Simon Philips
- Other key officers include CFO Joanne Merrill, Chief Corporate Officer Yvette Whittaker, and Chief Development Officer David Schaefer.
- Board includes independent directors with experience in hospitality, entertainment, and finance.

**Additional Notes:**
- The company utilizes equity incentive plans to retain talent.
- Its strategic investments and joint ventures are structured through complex financing agreements and equity arrangements, including earnout shares and preferred stock issuances.
- The company emphasizes corporate governance policies including insider trading and related-party transaction reviews.

**Summary:**
Falcon’s Beyond Global, Inc. is a publicly traded entertainment company specializing in family-friendly attractions, themed resorts, and licensing of entertainment properties, with international joint ventures and a growing portfolio of proprietary and licensed brands. Its operations are supported by a team of experienced executives and a governance structure designed to align management and shareholder interests.

Falcon’s Beyond Global, Inc. is a leader in immersive storytelling, focusing on creating entertainment attractions and brand experiences through innovative digital and experiential content.

# Falcon’s Beyond Global, Inc. Overview

## Description of Business
Falcon’s Beyond Global, Inc. ("Falcon’s") is an innovative leader in immersive storytelling, operating at the intersection of content, technology, and experiences. The company focuses on creating brand experiences and entertainment attractions through its three main business divisions:

1. **Falcon’s Creative Group (FCG)**: 
   - **Function**: Designs attractions and experiential entertainment, and produces content, interactives, and software. 
   - **Customers**: Primarily engages with themed entertainment developers, media producers, intellectual property holders, and various global clients.
   - **Revenue**: Generated approximately **$14.5 million** in revenue prior to the deconsolidation effective July 27, 2023.
   - **Loss from Operations**: Reported a loss of **$10.6 million** for FY 2023.

2. **Falcon’s Beyond Destinations (FBD)**:
   - **Function**: Develops entertainment experiences utilizing both owned and licensed intellectual properties, encompassing location-based entertainment (LBE), dining, and retail.
   - **Operational Challenges**: Has faced significant challenges with the Katmandu Park DR, leading to impairments and operational losses.
   - **Revenue**: Contributed approximately **$1.5 million** during FY 2023.

3. **Falcon’s Beyond Brands (FBB)**:
   - **Function**: Activates brands through animation, movies, licensing, merchandising, and technology sales.
   - **Revenue**: Derived **$1.5 million** from digital media licensing contracts, particularly with brands like Hershey and PBS Kids.

## Employees and Structure
- **Total Employees**: As of December 31, 2023, Falcon’s has **116 full-time employees** based in Orlando, Florida, and **approximately 297 employees** across its joint ventures.
- **Growth Projection**: The company is expected to hire nearly **200 new employees** in support of its expanding operations, particularly within FCG.

## Revenue and Financial Performance
- **Total Revenue**: For the year ended December 31, 2023, Falcon’s experienced total revenue of **$18.2 million**, up from **$16.0 million** in FY 2022.
- **Revenue Breakdown**:
  - **FCG**: $14.5 million
  - **FBD**: $1.5 million
  - **FBB**: $1.5 million
- **Net Loss**: The company recorded a considerable net loss of **$430.9 million** for the year, influenced significantly by a **$345.4 million** loss in the change in fair value of earnout liabilities and a **$52.4 million** share of loss from equity investments.

## Strategic Position
- **Key Customers**: Focuses heavily on strategic partnerships with Qiddiya Investment Company (QIC), which generated **81%** of FCG’s revenue in 2023 and underpins its strategic initiatives and project funding.
- **Joint Ventures**: Holds significant interests in joint ventures, including partnerships with Meliá Hotels International and Raging Power Limited, enhancing its operational capabilities in various international locations.

## Recent Developments
- **Deconsolidation**: As of July 27, 2023, FCG was deconsolidated in the financial records and is now treated as an equity method investment, which significantly affected reporting and revenue generation.
- **Strategic Investment**: Received a **$30 million Strategic Investment** from QIC to bolster its operations in FCG, supporting growth and driving capital for new projects and service agreements.

Falcon’s Beyond Global aims to capitalize on its multifaceted business model to drive future growth while navigating the complexities and challenges of the entertainment and hospitality industries.

Falcon's Beyond Global, Inc.

10-K / April 30, 2025

10-K / April 29, 2024

10-K / April 30, 2025

Falcon’s Beyond Global, Inc. - Company Summary