Coney was bought by Cincinnati`s taft broadcasting which immediatly made plans to build kings Island. The owners moved several rides that were at Coney to Kings island, like the carousel, scrambler, monster, flying eagles and the now beautifully restored Wold thornberrys river Adventure. Then taft sold 80% of Kings Island to the kings entertainment group. Both Taft and KEC were then bought by Carl Lindner who now owns the Cincinnati reds. Carl then sold Kings Island to Paramount Parks in the fall of 1992 for around $200 million