Posted
Cedar Fair, L.P. today announced that it has signed a definitive agreement for the acquisition of the Paramount Parks. Cedar Fair, L.P. will acquire the stock of Paramount Parks, Inc., a wholly owned subsidiary of CBS Corporation for a cash purchase price of $1.24 billion.
Read the press release from Cedar Fair.
I'm all for restricted smoking in amusement parks and I smoke.
I suspect KI, KD, and Carrowinds to be the less tinkered with but I would imagine Canada and Great America will recieve the Cedar Fair touch the most.
Also Im pretty sure we can kiss the paramount movie tie in good bye, but extending the Nick stuff to the rest of the parks only makes sense, not to mention the Nick fits better with the CP new colours scheme anyway. Also means something might be done to to the once great kids area once knows as Berenstien Bear country now known as Peanuts Playground which loses a picece of its former glory every season.
I just hope Nick Universe will be sucsess and will rub on the those visiting from Sandusky, to allow P&D slightly bigger budgets for kids rides
"This is huge for the industry and for Cedar Fair in terms of the property being acquired," said Paul Ruben, North American editor of Park World, an amusement industry trade publication. "These are all major North American theme parks."
Wonder if he called them with the quote..
I'd expect things for 07 to be much like what SF did for 06.Despite the ownership change any cap ex spending that has already been budgeted for new rides will move forward as if the change in ownership never took place...this season will also give them a chance to evaluate the parks on an individual basis so as to better plan for the improvements & services that each individual park can benefit most from.
CF isn't gonna go the SF route of throwing a ton of capital at each park to see what sticks as they are well aware of how SF's overspending put them up to their butts in debt,they'll take their time planning what new rides should be added where...I'm still crossing my fingers for a hyper or floorless to make it's way to KD in the future as that park could certainly benefit from either ride.
Ok my two favorite parks are now owned by the same company, Cedar Point and Kings Island.
How does that make me feel? Well I like how Cedar Fair runs their parks (or at least the ones that I have been too) but CF does not do theming very well (or at all) and Paramount does very good theming.
If CF can keep the theming at the Paramount parks and even move it to some of their other parks then I am all for it. But I don't want to see Kings Island turn into another Cedar Point. I like my theming, and it's nice having a park that is just for the thrills (Cedar Point) but it is also nice to have a park that immerses you in the themes and makes it seem that you are not in the same world anymore (Kings Island).
I know I know wishful thinking but it is nice all the same.
Oh Well, time will tell, but I am still happy :D
And Arthur Bahl don't expect Camden Park to get any large coasters any time soon. Yes they are doing LOTS better but they are still a small park in an area that really can't support them if they get much bigger.
If they can combine all these good qualities then CF will benifit greatly from aquisition. I would like to see Cedar Point add some amazing dark rides along with their collection of thriller rides and coasters. I would also like to see PKI add a huge B&M finally.
It will be interesting to see how it works out with the characters too. If CF will keep PP characters and buy the licence to them or will they trash Snoopy? I am sorry I, but I hope they get rid of Snoopy, I never cared for the Snoopy clan they looked like a bunch of dancing stuffed animals that hardly anyone knows about anymore. Nick is more well known.*** This post was edited by Cs6153 5/22/2006 8:31:29 PM ***
Another good case for a waterpark at Camden is the climate. Summers in the Huntington area can get quite hot and humid at times.
I agree that a few water attractions would go over great, and of course rebuild the one water attraction that they do have (don't get me started on the log flume, I worked that for 3 months and I know what troubles it has:) )
But they are at least going in the right direction now, upgrading the current rides and giving the entire place a face lift.
I can't wait to see what happens 5 or 10 years down the road!
Another park that could gain more local patronage that impacts other parks is Wyandot Lake. This is primarily a waterpark with a few rides but tying it in with the zoo might strenghen its appeal in the Columbus area. What Wyandot could use is either a mid-sized wooden coaster (something Camden already has) or a mouse along with a couple of other thrill rides.
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