WB ends Mgmt contract with Six Flags

Tuesday, November 23, 2004 4:29 PM
Is the writing on the wall or what? Warner Brothers is ending the management contract of Warner Brothers Movie World Madrid with SF.

http://www.amusementbusiness.com/amusementbusiness/industrynews/article_display.jsp?vnu_content_id=1000725717

Not good news! Not goood.

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Tuesday, November 23, 2004 4:32 PM
Sounds like good news to me...for Movie World anyway. ;)
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Tuesday, November 23, 2004 4:50 PM
Six Flags probably wanted out of their management contract last year when they sold the rest of the Euopean parks. If you read the article the government which owns a large stake in the park wants out also. The park may look nice, but it appartently costs too much and is not bringing in enough people.
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Tuesday, November 23, 2004 4:56 PM
LOL Eric, that is *exactly* what I was thinking...

Wondering if they'll sign up with Paramount, Tussaud's, or maybe the new European group that took over the old SF parks...

Either way, good news for WBMW...;)

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Tuesday, November 23, 2004 8:20 PM
Warner Brothers would hire Paramount to run one of their parks?
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Tuesday, November 23, 2004 8:42 PM
Warner Bros. only own 4% of the park, plus the licensing agreement. As far as the management contract, attendence figures 50% below projections may have lead to the termination of the agreement. If I recall the park is controled by a Spanish firm. *** Edited 11/24/2004 1:46:26 AM UTC by Dutchman***
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Tuesday, November 23, 2004 9:34 PM
Six Flags will blame it on the weather during their next conference call....

Ba-Zing!

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Tuesday, November 23, 2004 11:04 PM
Indeed. After all, we know northeastern Ohio had horrible weather from 2000-2003, but the weathermen have explained that the 4-year monsoon has indeed come to an end.

Continuing on the SNL theme, zing!

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