Posted Monday, August 24, 2009 10:37 AM | Contributed by Jeff
Freestyle Music Park, the successor of the bankrupt Hard Rock Park, had a sub-par debut summer, but the park will survive, officials say. Unlike its predecessor, Freestyle is finishing its first summer without a threat of bankruptcy, but it wasn’t a financial homerun. Some firms have filed lawsuits against the park to receive payment for services, and much of the summer was marked by deep discounting to attract thrill-seekers.
Read more from The State.
Lets see now, what would attract thrill seekers?.... I know! How about thrills! That might work..
Truthfully, I'm glad this park was able to stay afloat thru the season.
My question is this: Is anyone really surprised with the results? I know I'm not.
"Officials say they're still in much better shape than the previous owners were."
Well duh. It's a whole lot easier to cashflow $20 million than $250 million.
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