Posted Tuesday, January 16, 2007 10:27 AM | Contributed by Jeff
Jeff, Mike and Pat review this week's news in the amusement industry.
- The trouble with costumed Tiggers. The video "evidence" is sketchy at best.
- Near sexual assault in queue is scary time for Universal Orlando guest.
- Kansas City columnist fears a lack of regulation, but the truth is that hurting people is still bad for business and ride operators know this.
- Old Euclid Beach entrance damaged by moron driver.
- Six Flags unloads seven properties for $312 million. The math sounds good for now.
- Six Flags Magic Mountain: Amusement park still the best use of the property?
- Get this, we still think that there's nothing to say about Six Flags and whether or not they'll actually execute.
- Brief update on the forum development.
Link: CoasterBuzz Podcast
Tuesday, January 16, 2007 11:18 AM
Ummmm... Pat said "*****." I'm telling!
Tuesday, January 16, 2007 12:13 PM
I wonder if that 30 million that they made at those parks counts all the operations at those parks. Does that include the employees, and capital expenses?
For Home Depot, Six Flags was giving away $10 gift cards for Home Depot when you bought your season pass.
Tuesday, January 16, 2007 2:29 PM
From what I understand, based on what I've seen and read, the kid was trying to mess with the person in the Tigger costume, and Daddy saw $$$$ when his little angel got tapped.
I wonder why there wasn't a regular cast member with Tigger to prevent stuff like this, like I always see at SF.
Tuesday, January 16, 2007 3:18 PM
$30 million = Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA
I'm frankly not fond of that metric in Six Flags' case because it completely ignores how much of that money is going toward the enormous interest payments the company has to make.
Friday, January 19, 2007 10:40 AM
I have heard directly from Six Flags Magic Mountain. This is honest to God (Yes, I believe in God) that they have sent me news that they are dismantling Psyclone, and Flashback. I had sent them an e-mail to get rid of those rides because the park has too many roller coasters. They sent back to me that they are, and they are opening it for future expansion. If Six Flags Magic Mountain was lying to me, than they were lying to me. That's what they said. I'm GLAD! Less roller coasters will help that park extremely.
Don't forget them adding a train ride (That's probably going to be Thomas??) at Magic Mountain. That was in the call.