Snyder want to turn SF into a Mini-Disney?

Friday, August 12, 2005 5:01 PM
On occasion, I follow the D.C. Media News via the website. Today, I came across the following blurb taken from the NY Post. I would post the link to the article and contribute it to news but you have to sign up to read the article and felt that would be a waste of time. Anyway, here is the blurb:

From Thursday's NY Post: In a move that would have a huge impact on the television industry, ABC Sports-ESPN big Mark Shapiro may leave the networks to work for Daniel Snyder. Snyder, who is best known for owning the Washington Redskins, has reportedly been a dissatisfied minority shareholder of amusement park operator Six Flags. Snyder's plan apparently is to gain control of Six Flags and start a production company, with Shapiro overseeing the transition into a "mini-Disney" venture. Snyder is enticing Shapiro with a multimillion-dollar offer.....

In the event you want to go through the whole subscribe thing to read the article or have already subscribed. Here is the link to the whole article.

Friday, August 12, 2005 5:08 PM
Snyder seems to be fixated on the image of being the best at all costs, so if he wants to improve SF, he probably will.
Friday, August 12, 2005 5:27 PM
I doubt that.
Friday, August 12, 2005 5:35 PM
Well since he owns the Redskin's, he better fix up SFA some more.
Friday, August 12, 2005 6:05 PM
Saw something about it on yesterday's newscast myself......I thought he called it quits with SF back in february or march seeing as he couldn't get Burke to listen to his proposals.
Friday, August 12, 2005 6:18 PM
You really need to go back and read the last six months of news.
Friday, August 12, 2005 7:18 PM
Batwing, there were rumblings about him planning to get rid of his stock a while back, but that never materialized.

It actually seems as if both he and SFI are preparing for a buyout in the not so distant future. There was word about SFI negotiating new severance contracts with some of the higher ups, which is apparently what you do in preparation for a takeover. That way if these higher ups end up being fired by the new owners, they are still taken care of and don't get totally screwed.

Sounds very interesting though. We'll see what happens.

Friday, August 12, 2005 7:48 PM
I don't think this guy has much of a clue. However, if He were to takeover, I wouldn't complain until I saw results, either good or bad.

I just wish Uncle Bill would go ahead and buy it out. Maybe he could do something better. Or not.

Friday, August 12, 2005 7:52 PM
I think "this guy" has much more of a clue than Keiran Burke does. He's the one that has no clue...and he's running the company.
Friday, August 12, 2005 7:57 PM
Have you read what he wants to do? Money thru in park advertising ring a bell? Has he ever ran a theme park company?

Mr. Burke isn't a total idiot. He has made mistakes, but I doubt you can blame all of SFI's current problems on him.

I think SFI needs a change, I just doubt that it will come from 'this guy'.

Friday, August 12, 2005 8:03 PM
>Money thru in park advertising ring a bell?

Yeah, but that rings a bell from a year ago. Give me a year to research a buyout of a company and I'll have more ideas than just advertising. He said that at the very beginning of this whole thing and was just throwing some basic ideas out there.

Having Mark Shapiro on your team doesn't hurt either. ;) *** Edited 8/13/2005 12:05:07 AM UTC by MrX***

Friday, August 12, 2005 8:52 PM
Remember last year. His plan is to sell naming rights.

Sorry folks. Thats not the FIX for the illness SF's is suffering.

Friday, August 12, 2005 8:59 PM
Bill Gates, why would we want Bill Gates to buy the company? The X-Box withstanding, Microsoft has never had a great entertainment product, even MSNBC is in the ratings dog house. Personally, I work with computers and Microsoft products every day of my life. I get enough of it at work, I don't need to be reminded of it every time I walk into an amusement park.

I think Dan is going to push more for strategic partners than he is advertising. You can already see some of his work with Pentax and Conagra Foods. When you walk into a Redskins game, you don't see an ad on every step in the place. Fedex is the official sponsor whose name is on the stadium, MBNA Master Card is the official credit card things like that.

Sell the naming rights for what? *** Edited 8/13/2005 1:00:01 AM UTC by coasterguts***

Saturday, August 13, 2005 12:18 PM
Rights to what?

WEll you right more of a sponsorship, oppossed to naming rights. My bad!

However naming rights do exist in parks!

EX...AW had the Bamboo Shoot for 30 years!

Next thing I know it's the Ozarka Splash, as in Ozarka bottled water!

Either way, sponsorships or naming, we all know thats not what needs to be fixed with SF's parks! Operations, Customer Service, and Food Service are their weakest links. I wish them best of luck focusing of the three top priorities! *** Edited 8/13/2005 4:28:59 PM UTC by Markieb***

Saturday, August 13, 2005 12:38 PM
I wondering if the problems can be fixed with more money. Some Operations, Customer Service and Food Service problems can be fixed with simply more staffing.
Saturday, August 13, 2005 12:54 PM
In a nut shell, better training, more staff, and incentives will fix most of their woes! Let's not forget improved cleanliness and park upkeep! I do beleive it all ties back to $$$$$$$$. As a business it's easy to do a lot of cutbacks when the profits are $0.00, but you have to be very careful that those cutbacks are not further deteriorating the very things that got you in that position to begin with!

I should add, I think they are slowly making the right changes to make a come back. They just need to epidite the process. *** Edited 8/13/2005 5:31:04 PM UTC by Markieb***

Saturday, August 13, 2005 4:00 PM
I think their making the changes as well. If they can keep the profiting making up another quarter, I think we'll see alot of what I call subtle improvements next season.
Saturday, August 13, 2005 4:42 PM
Well, there's never been a doubt that the third quarter will be profitable. It has always been.

What was interesting about the June quarter was that it was the first profitable second quarter since the spring of 2002.

Snyder may find himself to be the new Roy Disney Jr. When Six Flags was struggling Snyder was able to kick up a fuss. If Six Flags closes out the 2005 season in much better shape than last year, many of Snyder's complaints will fall on deaf ears.

Then again, there's nothing stopping him from buying up a bigger stake in the company and forcing his plan into action.

Saturday, August 13, 2005 6:33 PM
Actually, there is. The company has a poision pill in their bylaws now. This limits how much stock one individual can own.
Sunday, August 14, 2005 1:26 AM

Markieb said:

EX...AW had the Bamboo Shoot for 30 years!

Next thing I know it's the Ozarka Splash, as in Ozarka bottled water!


SFDL's Thunder Rapids (or Thunder whatever it was- you know the log flume) is now the Poland Springs Plunge- I kid you not!


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