Posted
The Toledo Blade reports, practically as a footnote, that CEO Dick Kinzel mentioned after the annual unit-holders meeting that Cedar Fair is considering the purchase of Paramount's Kings Island. The bulk of the story details how unit-holders complained about not being able to purchase 2-for-1 tickets.
Read more from The Toledo Blade.
If CF buys PKI, they end up competing with themselves. No matter which park someone attends, CF takes in the money.
If someone else buys PKI, CF only makes money if someone goes to CP or GL and loses the revenue if that person goes to _KI.
Gee, if only I'd paid more attention in Econ 101, I'd be able to figure this one out.
As for brand licensing, Italian Job could always be rechristened Disaster Transport South. :)
Regardless, I am not convinced CF would do the best job with PKI. The change in atmosphere would not be for the better in PKI's case. If CF does it the way they've done with all their other parks, the atmosphere and charm that PKI has always had will greatly suffer.
I'd also rather keep with the old family ways of Paramount than have CF come in and start putting in Silver Bullets, Hydras, and Patriots so that the park can be up to their standards. Even if it does mean the park's first B&M. At least the old ways are different from CP and obviously brought in more money.
I'm thinking Cedar Fair might be a good thing for some of the Paramount Parks that are farther away though. But PKI is just too close to be a good thing IMO. I'm just thinking that when CF's three OH parks compete, The Point is always going to get the better new attractions. Which stinks for us park-goers that don't go to CP all the time. Thats my take on it anyway.
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