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.


Not good news! Not goood.

Tuesday, November 23, 2004 4:32 PM
Sounds like good news to me...for Movie World anyway. ;)
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.
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...;)

Tuesday, November 23, 2004 8:20 PM
Warner Brothers would hire Paramount to run one of their parks?
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***
Tuesday, November 23, 2004 9:34 PM
Six Flags will blame it on the weather during their next conference call....


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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