We produce and distribute premier filmed entertainment and programming through our powerhouse film and television studios, including Universal Pictures, DreamWorks Animation, and Focus Features, and the four global television studios under the Universal Studio Group banner, and operate industry-leading theme parks and experiences around the world through Universal Destinations & Experiences, including Universal Orlando Resort, home to Universal Epic Universe, and Universal Studios Hollywood. Universal Pictures Home Entertainment (UPHE) is comprised of both digital and physical distribution businesses, overseeing the sales and operations for digital transactional film and television content including PVOD, PEST, EST, and VOD for Universal Pictures, Focus Features, Illumination, DreamWorks Animation, and independent studios, as well as physical DVD and Blu-Ray product sales in domestic and international markets through a licensing model.