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.....
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A day at the park is what you make it!
A day at the park is what you make it!
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.
I just wish Uncle Bill would go ahead and buy it out. Maybe he could do something better. Or not.
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'.
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***
Sorry folks. Thats not the FIX for the illness SF's is suffering.
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***
A day at the park is what you make it!
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***
A day at the park is what you make it!
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***
A day at the park is what you make it!
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.
A day at the park is what you make it!
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