News Archive - February 2010

SeaWorld Orlando reopens show with orcas

Posted | Contributed by Jeff

Debate continues about whether or not these shows are in the best interest of the animals and the public.

Experts and critics question intentions of orca in SeaWorld Orlando trainer death

Posted | Contributed by Jeff

Was the 12,000-pound Orca acting violently, possibly because of stress from captivity? Or was he just playing?

Worlds of Fun announces Snoopy’s Hot Summer Lights

Posted | Contributed by jive2

Light and sound show will feature over 2 million LED lights.

Mudslide blocks road into Ghost Town

Posted | Contributed by Jeff

Blocked road may delay reopening of the park.

Trainer dies in killer whale show at SeaWorld Orlando

Posted | Contributed by rollergator

Whale drowned a trainer at another park in 1991.

Legoland Florida could eventually include an aquarium attraction

Posted | Contributed by Jeff

Looking at the success of the California park and other Merlin attractions, tourism officials believe an aquatic attraction is possible.

Captain EO returns to Disneyland

Posted | Contributed by Jeff

Green Bay park committee wants to move forward to acquire Zippin Pippin rights

Posted | Contributed by Jeff

Officials say it will cost $3 million to build the ride.

Ferrari World to open in Abu Dhabi in second half of 2010

Posted | Contributed by Jeff

Park says it will have the world's fastest roller coaster.

Law firm files class action suit against Cedar Fair alleging false statements in proxy

Posted | Contributed by Jeff

Levi & Korsinsky says the company has "issued materially false and misleading statements in its proxy statement," and seeks class certification.

Kentucky sues Six Flags for rides at Kentucky Kingdom site

Posted | Contributed by Jeff

Since Six Flags announced their departure from the park, state officials insist the rides belong to them.

Six Flags gets extension to present restructuring plan

Posted | Contributed by Jeff

Exclusivity ends April 5, as the company moves toward exiting bankruptcy.

Adventureland fire destroys shops at the Iowa park

Posted | Contributed by Jeff

No injuries reported, though fire guts a toy store and shops.

CoasterBuzz headlines, now on Twitter

Posted | Contributed by Jeff

In addition to RSS and the CoasterBuzz Feed app, now you can get the latest headlines on Twitter

Q Funding sends letter to Cedar Fair unit holders urging no vote on Apollo deal

Posted | Contributed by Jeff

Largest unit holder believes that credit markets are loosening up enough that acquisition is not necessary.

Lo-Q sees 30% boost in profit despite poor economy

Posted | Contributed by Jeff

Virtual queue maker takes on more clients.

Ownership changes, credit problems and economy send amusement industry on wild ride

Posted | Contributed by Jeff

Highly leveraged heading into the credit crisis, some of the biggest players are finding saviours in private equity investors.

Darien Lake considers $7 million water park

Posted | Contributed by Jeff

County approves plan, town is next.

Quassy coaster construction pushed back to fall, will open next year

Posted | Contributed by Jeff

Neighbor filed suit to get larger buffer between him and the new rides.

Freestyle Music Park in limbo

Posted | Contributed by Jeff

Park does not expect to open without next month without a "transaction."

NYC mayor says Coney Island is coming back "big time"

Posted | Contributed by Jeff

New rides, largely supplied by Zamperla, will be focus of the new Luna Park.

China's Knight Valley to get new GCI

Posted | Contributed by Mamoosh

Great Coasters International, Inc. has been chosen to design/build a new wood coaster for China OCT's Knight Valley.

Coney Island will have 23 new rides

Posted | Contributed by Jeff

New York mayor makes the announcement as plans grow for the recently purchased site.

SeaWorld Parks and Universal promote executives

Posted | Contributed by ridemcoaster

SeaWorld Parks & Entertainment has named Jim Dean president of Busch Gardens and Adventure Island, while Universal Parks & Resorts appointed Michael Silver president of global business development.

UAE investor sells stake in Merlin

Posted | Contributed by Jeff

Dubai International Capital cuts stake from 17% to 6%.

CoasterBuzz Podcast #170 posted

Posted | Contributed by Jeff

Etheredge the Frauder, Freestyle closure, more Cedar Fair investors, Harry Potter TV ads, Cypress Gardens to Legoland deal, dirty hotels, tax games, Six Flags Kentucky Kingdom done, a decent Disney year, Waldameer going cashless.

Analysts say Cedar Fair should survive with or without Apollo deal

Posted | Contributed by Jeff

One analyst says without the distribution, the company should have adequate cash flow to start paying down debt.

Cashless system coming to Waldameer

Posted | Contributed by MidwavePC

Installation of electronic debit system will be the park's biggest non-ride investment.

Columnist expects interesting events over likely failure of Cedar Fair-Apollo deal

Posted | Contributed by slithernoggin

At least one investor may make board nominations, according to "The Deal Professor."

Zippin Pippin demolished after partial collapse

Posted | Contributed by Jeff

Efforts to relocate the ride to Green Bay cease.

Cedar Fair revenue, attendance and EBITDA down in full-year results

Posted | Contributed by Jeff

EBITDA down 15.7%, while attendance drops 7%.

Etheredge guilty on 7 of 9 counts in Wild West World fraud case

Posted | Contributed by Jeff

Proprietor of failed theme park faces a maximum of 14 years in prison.

Four operators interested in Kentucky Kingdom property

Posted | Contributed by Chitown

Six Flags lease still in play, fair board believes it owns rides.

Robot Land theme park gets investors, conceptual renders

Posted | Contributed by onceler

South Korean park will cost about $600 million.

Sandusky residents call for higher admission tax

Posted | Contributed by Jeff

Tax on Cedar Point admissions accounts for 1/4 of city budget.

Cedar Fair publishes proxy materials for Apollo deal, sets date for unit holder meeting

Posted | Contributed by Jeff

Unit holder meeting set for May 14.

Disneyland hotel workers resort to hunger strike over benefits dispute

Posted | Contributed by Jeff

Disney says the union members are grand-standing and won't negotiate.

Disney has solid quarter despite flat theme park sales

Posted | Contributed by Jeff

Movies and cable give the company a solid boost.

Texas investor accumulates 17% of Cedar Fair units, will vote against Apollo acquisition

Posted | Contributed by Jeff

The three top investors, totally 28%, say they will vote against the Apollo deal.

Kings Island admissions tax rejected by Mason City Council

Posted | Contributed by ShiveringTim

Proposal is voted down by all but one council member.

NBC Universal and Comcast get beat up in hearings on merger

Posted | Contributed by Jeff

Senators and representatives heavily question whether or not the proposed merger is good for consumers.

Freestyle Music Park closing business offices

Posted | Contributed by Lord Gonchar

Park wants to devote all resources to closing deal with new investors.

Holiday World expects a possible boost from Kentucky Kingdom closure

Posted | Contributed by Jeff

Will Koch offers mixed reaction to Louisville park closing.

Etheredge says he did not intentionally mislead Wild West World investors

Posted | Contributed by Jeff

Accused says he put everything he had into the failed park.

Former Kennywood employee sues for age and sex discrimination

Posted | Contributed by ideame

Woman says she was replaced by a younger, less experienced man.

Six Flags Kentucky Kingdom closing over lease issue

Posted | Contributed by crombiedude11

Company decides it will not negotiate the land lease with Kentucky State Fair Board.

Kings Island sponsoring a tax vote "tailgate party"

Posted | Contributed by Jeff

Park calls out city on what they say is an unfair admissions and parking tax being voted on by Mason's city council.

Etheredge testimony: No Wild West World, lots of Jesus

Posted | Contributed by Jeff

Defendant in the Wild West World fraud trial doesn't talk about the park at all, just his faith.

Six Flags St. Louis sues hotel for trademark infringement, ranked as second dirtiest

Posted | Contributed by Jeff

TripAdvisor ranks the hotel second dirtiest in the nation while the property uses "Six Flags" in its name.

Chinese critics skeptical of Shanghai Disney project

Posted | Contributed by Jeff

Advisory board skeptical of success given the poor financial results at Hong Kong park.

Negotiations for Cypress Gardens/Legoland project were secret and intense

Posted | Contributed by Jeff

Merlin began considering the park more than a year before the announcement.

Green Bay mayor wants Zippin Pippin

Posted | Contributed by Jeff

Mayor wants the ride for expansion of the Bay Beach amusement park.

Wizarding World of Harry Potter ad to show during Super Bowl

Posted | Contributed by Jeff

New Islands of Adventure area set to open this spring.

Etheredge's wife takes stand in defense of husband

Posted | Contributed by Jeff

Thomas Etheredge will be last to take the stand in his defense in the Wild West World case.

Second largest Cedar Fair owner also opposes Apollo acquisition

Posted | Contributed by Jeff

Neuberger Berman, with a 9.6% stake in Cedar Fair, said in an SEC filing that they oppose the transaction.

Tower of Terror groper caught in on-ride photo at Disney's California Adventure

Posted | Contributed by Jeff

Victim has image showing the alleged groper trying to grab her.

Etheredge attorney paints accused as good business man in Wild West World case

Posted | Contributed by Jeff

Accountant and business partners attempt to demonstrate his successes to counter prosecutions picture of a failed scammer.

CoasterBuzz Podcast #169 posted

Posted | Contributed by Jeff

Ten years of CoasterBuzz, free track record, Gonch and RCT, Q Investments, Wild West World fraud, Kalahari expansion, Zamperla Island, Legoland Florida, Lego Grand Carousel, Demon Dud.

Europe In The Air opens at Busch Gardens Williamsburg in March

Posted | Contributed by Jeff

Simulator replaces Corkscrew Hill.

Conneaut Lake Park looking for $125k in donations to get Blue Streak running

Posted | Contributed by Jeff

The wooden coaster has not operated since 2006.

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