Six Flags / Cedar Fair: WHICH Parks Are SAFE & New Coasters Coming!

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Theme Park Brandon

Theme Park Brandon

Күн бұрын

Пікірлер: 381
@KeepRidinCoasters
@KeepRidinCoasters Жыл бұрын
The Six Flags History video that you must watch... Will we see this type of new coaster expansion going forward? kzbin.info/www/bejne/eZvQmmZjdriiibs
@Georgefunderburg
@Georgefunderburg Жыл бұрын
I have a question. If I memebership at six flags will be able to go all the cedars parks now? My girlfriend has a season park pass. Will that work all parks? I’m really curious about that at the moment
@Odderstuff
@Odderstuff Жыл бұрын
I know this is kinda dumb but I hope its named cedar flags
@restless5996
@restless5996 Жыл бұрын
Cedar Fair is still in charge of the new company, I believe they're using the SixFlags name because its more recognizable. They have also said that they're not changing anything name or operations wise, the meger is meant to keep the companies afloat and allow them to save more money every year.
@marcfrey8019
@marcfrey8019 Жыл бұрын
I can agree with this. If you ask many people if they have heard of Cedar Fair they are like "who?" since they have not used that name in any of their titled parks. The stable name SixFlags is immediately recognized.
@buldasur2576
@buldasur2576 Жыл бұрын
@@marcfrey8019doesn’t really matter though since I don’t think they’re changing the name of the cedar fair parks
@alexlents4689
@alexlents4689 Жыл бұрын
Thank goodness! I had a mostly positive reaction to this merger even with that possibility, but most of the Cedar Fair park names just aren’t compatible with “Six Flags” slapped on the front. Six Flags Knott’s Berry Farm, Six Flags Kings Island, Six Flags Cedar Point 🤢 Makes sense they’d go with the Six Flags name for the merged company as well. The Six Flags that exists now was actually originally called Premier Parks. They actually bought the entire six flags chain back in 1998 and decided to take their name since it was so recognizable. Of course that over expansion was the main reason for the 2009 bankruptcy, but I digress.
@Vali-cg6cm
@Vali-cg6cm Жыл бұрын
I guess this means no Intamin or RMC
@johngollsneider1078
@johngollsneider1078 Жыл бұрын
It's being led by a team made up of heads from both companies. Selim is executive chairman
@NOLA_M13
@NOLA_M13 Жыл бұрын
For Branding, the Cedar Fair parks are likely to be named: “Cedar Point: A Six Flags Theme Park” “Carowinds: A Six Flags Theme Park” Not bad at all! Edit: didn’t realize Brandon says this in the video until I just watched now. Glad we had the same thought LOL
@tinsote7176
@tinsote7176 Жыл бұрын
I hope they do the same with Fiesta Texas
@thecoasterzombie9784
@thecoasterzombie9784 Жыл бұрын
They could also do "a member of the Six Flags family", similar to the now-defunct AstroWorld in Houston, Texas.
@ChuckE.CheesesIllinois
@ChuckE.CheesesIllinois Жыл бұрын
California's Great America gets renamed to Cedar Fair Great America
@brianfoss571
@brianfoss571 Жыл бұрын
​@@ChuckE.CheesesIllinois It was going away before the merger, and now there's even less reason to keep it. All those flats can get shipped off to Six Flags parks, too.
@Cat3465
@Cat3465 Жыл бұрын
⁠​⁠​⁠@@brianfoss571The problematic RailBlazer should be one of the rides that would for sure get relocated to a Six Flags park.
@mitchellries256
@mitchellries256 Жыл бұрын
I think this is a brilliant move for both companies. We've seen similar success in 2017 when Bass Pro Shops acquired Cabela's, so I don't see why the same thing can't happen here either.
@jameswatkins3375
@jameswatkins3375 Жыл бұрын
I don’t. I feel coaster installations will slow right now… surely there’s little reason to invest when they have such a monopoly on the industry? People will visit regardless, they won’t have to pick between Six Flags or Cedar Fair.
@DraxWithASax
@DraxWithASax Жыл бұрын
​​@@jameswatkins3375new attractions are still the best way to spike attendance up and in most markets, the GP isn't picking between Cedar Fair or Six Flags anyways, they are simply going to their local theme park. Like I live in the Chicago area, there's already no competition with SFGAm having a monopoly on the market here. Yet we are one of Six Flags premier parks with lots of investment, because you still need to keep things fresh for people's desire to keep coming. We have to remember theme parks aren't only competing with other theme parks, there's lots of places and activities GP could choose to do instead.
@bluewater4
@bluewater4 10 ай бұрын
Apples and Oranges. Great illustration for all everyday pea brains. Cedar Fair was inching its way to Charlotte, in fact some operations were already there. Waiting was great to calm Texas by making it look like we both were losing our grip. Not really the case. The opportunists in Sandusky were just carefully backing away from public sentiment to be on their way. Cold weather states are disadvantaged. Tappan, NCR etc. BP was just a result of greasy palms. Firestone and others. I think it amusing when a head of a corporation is from other locales: How long will a corporation stay? Corporations were once considered monoliths but now with all the global influence we realize how flimsy a house can be built on sand.
@jlvannat
@jlvannat Жыл бұрын
Thanks Brandon, I appreciate your positive outlook on this merger and I think it could be a good thing in the end. Hopefully Cedar Fair protects their name brand and reputation.
@yesorlando05
@yesorlando05 Жыл бұрын
We live in the Charlotte area and Carowinds is our home park. We are taking a wait-n-see approach for now. We love how Cedar Fair operates its parks, specifically here at Carowinds. Six Flags is known for not taking care of their parks and I would hate to see our CF’s parks start getting run down. With CF’s owning 51.2% of shares, it makes me not worry as much. I’m praying that any changes that take place will be for the positive.
@alexlents4689
@alexlents4689 Жыл бұрын
Selim was basically trying to turn Six Flags into Cedar Fair and create a “premium” experience already. Poor decision making and COVID just prevented it.
@bassjasinski
@bassjasinski Жыл бұрын
Season pass prices will definitely increase. Cedar Flags doesn’t sound bad and HQ will be in Charlotte
@imsquidward5187
@imsquidward5187 Жыл бұрын
I’d take an increased season pass if it meant I can use it across all of their parks, a lot of us have home six flags parks but also like to travel to bigger parks such as cedar point
@spclanghorne4494
@spclanghorne4494 Жыл бұрын
They announced later on it will be called Six Flags. But the leadership will be Cedar Fairs.
@BCCwildcat
@BCCwildcat Жыл бұрын
I think Carowinds and SFOGA will become the two new experimental parks. They have the land, the flexibility and they both are in cooperates backyard. Not to mention these two parks are located in between Dollywood and Sea World and the Universal properties.
@JaejoongPrincess
@JaejoongPrincess Жыл бұрын
What about Worlds of Fun?
@brianfoss571
@brianfoss571 Жыл бұрын
​@@JaejoongPrincessMaybe to a smaller extent since it has to compete with Silver Dollar City (and Adventureland - they've received decent investment from Palace Entertainment). But the central FL market is too massive to ignore from ATL and CLT, and those parks can operate a bit longer in the year than northern parks. So that spreads out the risk of an experimental addition.
@Cat3465
@Cat3465 Жыл бұрын
I agree with that. Over Georgia has so much potential will likely help them join to top tier category as the best case scenario. It’s 4 hours away from Carrowinds
@ScottyMania313
@ScottyMania313 Жыл бұрын
As long as the prices don't go up too much, I think this is great. I think Six Flags could use an upgrade in food, so here's a great opportunity for improvement.
@Steph-3979
@Steph-3979 Жыл бұрын
Agree with the assessment on Over Texas. Its my home park, and while its far from a bad park, a little tlc from cedar fair management could take the park from good to great. It has a lot of good going for it (the original rmc and, in my opinion, the best coaster Schwartzkopf ever created to name a couple) and with a little love I think it could become one of the premier parks in the country. My only hope is that the upgraded experience doesn't increase prices too much. I'm a college student so one of the huge benefits of SFOT being my home park is the lower six flags price point. I guess we will have to wait and see!
@hageja01
@hageja01 Жыл бұрын
Still competition: Bush Garden parks, Sea World parks, Universal parks, Disney parks, + many independent parks like Dollywood, Hershey, Silver Dollar City…. Etc. The competition is strong. CF + SF is going to be fine, IMO. I think your assessment are spot on, and I'm looking forward with some optimism!
@EarthySmerky
@EarthySmerky Жыл бұрын
I cant wait for SixFlags Cedar Point Resort. Or 2 SixFlags Great Americas or SixFlags Kings Island.
@RaiderNation84
@RaiderNation84 Жыл бұрын
Great analysis. Thank you for adding some context and positivity to this for the people like me who are nervous about the whole thing.
@CoolTitanium68
@CoolTitanium68 Жыл бұрын
I think, in my opinion, the reason that Six Flags and Cedar Fair are merging is to better compete with SeaWorld, Herschend, and possibly Universal. SeaWorld has been putting a ton of money into their SeaWorld and Busch Gardens parks, and with Universal opening up their new Epic Universe park in a year and a half it will bring a lot more attention to thrill seekers. Now I do believe that Universal is the in-between when comparing amusement parks like Six Flags and Cedar to theme park destinations like Disney World.
@MidwestBoom
@MidwestBoom Жыл бұрын
Universal has definitely become a theme park destination, and Disney is constantly having negative press. I think you'd be surprised, Disney relies a lot on foreigners who aren't in the loop who Still think Disney park is the best, and only theme park Not realizing how much it's changed.
@alecscheerer_run
@alecscheerer_run Жыл бұрын
They aren't anywhere near SeaWorld and Universal level
@tygardner6
@tygardner6 Жыл бұрын
Sea world and universal parks are not located near six flags/cedar fair aside from BGW and KD. They’re not direct competitors.
@h.marie.33
@h.marie.33 Жыл бұрын
Kings dominion better be safe. It’s my home park and my place of employment. I’ve been going to KD since I was a baby.
@flamwork06
@flamwork06 Жыл бұрын
I’m excited to see what comes of this! Let’s stay positive!
@homeboy_roy1570
@homeboy_roy1570 Жыл бұрын
I hate parks using IP as a crutch. Its so lame especially the super hero stuff. Sad that people are so conditioned to sacrifice uniqueness and atmosphere for generic familiarity
@PatrickRyan150
@PatrickRyan150 Жыл бұрын
Great insight as usual & now looking forward to more predictions. Your predictions have always been my favorite part of the channel.
@SpiderWaffle
@SpiderWaffle Жыл бұрын
3:50 MM actually had all coasters open for most of October for the first time in years.
@ayyo-jason
@ayyo-jason Жыл бұрын
Can confirm. Visited 10/21 and to my surprise, they were all open.
@mesetaplays
@mesetaplays Жыл бұрын
Man I hope six flags gets some of that cedar fair money and use it to buy a giga. Whether it be from RMC or B&M. Having a giga coaster that close to my home would be a pipe dream.
@buldasur2576
@buldasur2576 Жыл бұрын
In 25’ great adventure is supposed to get an Intamin multi launch of some sort. Hope it still happens.
@zacg_
@zacg_ Жыл бұрын
This is probably not happening so that they can improve the parks. It's probably happening because they both feel they need to cut assets and feel they'd be stronger doing so together than separately. I wouldn't hope for major new investments just yet. We'll have to see what they slash first. The best thing that could come out of this would be if a chain like SeaWorld or Herschend were to pick up any disposable parks and improve them. Or if some small group was willing to buy a park at a bargain and then build it up as an independent park. But I'm also worried they just sell some parks and then redistribute the rides and sell the land to a developer. I'm especially scared for Magic Mountain and the bay area parks because that land would go for a serious premium.
@jefflong1799
@jefflong1799 Жыл бұрын
I'm still having a hard time with this, I think I'm gonna cry... 10 years of YT comment bashing on SO many channels about CP vs. MM, Top Thrill vs. KA, and I'm supposed to just "throw it all away"...omg.. After STEVE, The Boardwalk/Pavilion, the new Dragster...The AMAZING job they did with the new parades and "main stage", all the things they did to celebrate the 150 anniversary (which rivaled something even DISNEY would do), omg...If I come up to that Causeway, and I see a SF logo of ANY kind, that car is turning around.
@huddyr1112
@huddyr1112 Жыл бұрын
Cedar Fair is in control of this entire merger they will be the captains of the ship, Richard Zimmerman The CEO/President of Cedar Fair will be the CEO/ president of the new company. Also the majority of the upper level financial, & executive positions are remaining in Sandusky Ohio for their headquarters💯
@MrJohnJLewis
@MrJohnJLewis Жыл бұрын
Does it matter that someone from Six Flags is executive chairman?
@andrerwhaag2734
@andrerwhaag2734 Жыл бұрын
​@MrJohnJLewis let's be honest six flags can run a park to save thier lives.
@bluewater4
@bluewater4 10 ай бұрын
After seeing so many takeovers and mergers I can assure you that once a new building goes up those offices will have a new home.
@huddyr1112
@huddyr1112 10 ай бұрын
@@MrJohnJLewis I don't know if you're being funny or not, but it's public record that the CEO (#1 guy) from the old six flags will be working UNDER the CEO of the new formed company who is the CEO from Cedar Fair. Cedar Fair just needed six flags money 💯 in every other way, shape, & form this is Cedar Fair completely taking over SF, but because SF has so much money to bring to the table, on paper their partners. Cedar Fair will be overhauling six flags and teaching them how to operate parks
@huddyr1112
@huddyr1112 10 ай бұрын
@@bluewater4 they may move them to new buildings in Sandusky yeah but they're not leaving Cedar point. Cedar point is what made Cedar Fair there would be no Carowinds or Kings Island or anything else without Cedar point. And obviously I know those parks were Paramount Parks etc as you go further back in time, but the POINT is Cedar point made so much money that Cedar Fair was able to be born, and they will never abandon that. Also, these last couple years, post covid, that have been filled with spoiled employees forcing business owners to allow them to work from home and forcing telework and demanding things is OVER💯💯💯 that's all ending abruptly, and people will go to work where they are told or they'll be replaced, so all the people who say Cedar Fairs headquarters is in N.Carolina because it has better weather then Sandusky thus making it more appealing to potential employees were correct however the most important offices are in Sandusky and will stay in Sandusky and if people don't want to work there they'll be advised to find employment elsewhere as reality is returning, the inmates ran the asylum for long enough. Thier is actually an article on CNN.com about Owners and upper management finally regaining control of the American workplace. Interesting read, anyways, I di-gress as I am now rambling
@toyoracer33
@toyoracer33 Жыл бұрын
I agree with virtually everything you said. Regarding competition, at first I was also thinking that because of reduced competition there would be less investment. But then I realized that these parks don't compete against each other so much as they do the rest of the world in general for your entertainment dollar. Thinking of it that way, the competition remains the same. The biggest mystery as far as parks that are going to stay or get sold off is Six Flags America. That park has amazing potential. If the right investments were made there, It could become a major player in the theme park industry. But would it being so close to Kings Dominion, In this instance they actually would be competed against themselves. I think rather than being sold, one of these parks closes and their rides are distributed through the chain. And if that happens, I'm not convinced that SFA is the one that will close. SFA has by far the better location, in a massive population, whereas Kings Dominion is in the middle of nowhere with almost no supporting infrastructure nearby - Not to mention it's proximity to Busch gardens Williamsburg. However SFA would be much easier to clear out and sell off the land versus Kings Dominion. So to me this is completely up in the air
@ItsSiebay
@ItsSiebay Жыл бұрын
I thought the day would never come, but its here and we have to accept it. I definitely am curious going forward what changes will come over the next few years, but it definitely gives early 2000s vibes, minus the overspending (hopefully)
@n3rdg4m3r
@n3rdg4m3r Жыл бұрын
Maybe too soon but... does this mean that we might see renewed relationships with coaster manufacturers? Especially those that may have fallen out with Cedar Fair or Six Flags?
@Sir1188
@Sir1188 Жыл бұрын
Unlikely, if I'm reading the reports right this is basically cedar fair taking over six flags but using six flag's branding. Sure some of six flag's top peeps will still have a lot of say in the restructered company but it more than likely will follow cedar fair's way of doing business. Too early to tell how that'll play out but my best guess is that the companies that cedar fair primarly works with will also now be the primary companies that six flags will work with. We won't see the early signs of how it'll play it out until 2025 at the earliest but realistically more like 2026-27.
@alecscheerer_run
@alecscheerer_run Жыл бұрын
I don't think Cedar Fair is necessarily making every single decision. From my gatherings, it'll be both of them
@n3rdg4m3r
@n3rdg4m3r Жыл бұрын
@@Sir1188 Good point with most of the Cedar Fair executives staying on and a majority stake in the merger it may just be business as usual. I suppose my eagerness got the best of me. Only time will tell what happens next.
@brianfoss571
@brianfoss571 Жыл бұрын
At best, the combined company would only pursue 2 or 3 projects each by Intamin and RMC over the next decade. RMC is no longer Six Flag's go-to manufacturer, and almost all of the Intamins would go to legacy Six Flags parks. Of the Cedar Fair parks that don't have an Intamin, the park that needs one most is Worlds of Fun. But that would be a smaller project. I'm sure both sides of the board are EXTREMELY eager to leverage their mutual partnerships with *Vekoma* as much as possible.
@AdamScorcia
@AdamScorcia Жыл бұрын
I can see some pro's and cons of this merger: Pro's: - This new corporation will now have much more buying power when dealing with coaster manufacturers on total costs of coasters, they will be able to negotiate multi coaster deals at the very least. - The ability to have a universal season pass for both parks. - This is something I consider a pro but something that SF has done (not for some time but still a possibility) is transfer coasters to other parks in the chain, I think this is a great idea to transfer less popular rides from main parks to smaller ones, the smaller parks still get a new ride and the coasters get to have another life. - The use of IP's from both parks - I would like to see SF/CF really have 2 large kid areas in each of there parks "Camp Snoopy" and "Bugs Bunny land" seems to be a great for families. - Hoping CF invests time to improve the SF operations and care of the parks in the SF chain. Con's - I really hope that CF is going to avoid the heavy use of Clones that SF seems to love doing, and considering this merger was to save money, I don't see this type of business stopping. - Since they are now are the main dog in town I will not be surprised of raising overall park prices . - The overall lack of competition - I just think rides like Kingda Ka and future rides like this will not exist in the future. What I mean is their is less likelihood of the these parks trying to one up each other with the same ride type. Neutral - The overall sale of some parks within each of the chains, what ever prediction you have I pretty sure there is a guarantee that some parks in both chains will be sold off in the near future. this is neutral in that if they are sold to a company that will actually have more of a focus and care to them it may be for the best. Please let me know of any others you people may think of pro or con would love to hear others thoughts.
@KeepRidinCoasters
@KeepRidinCoasters Жыл бұрын
Love this! Thank you
@Cat3465
@Cat3465 Жыл бұрын
I believe Over Georgia will be safe and stay in the new chain. They’ve been on a roll by getting 2 back to back coasters in a single year and has been getting a lot of love from Six Flags recently.
@theweakestlink2278
@theweakestlink2278 Жыл бұрын
Yeah it's pretty much the only park around and Atlanta is a huge metro area. That park has plenty of potential but needs some basic tlc along with better staffing and ride ops.
@skrapdiggy
@skrapdiggy Жыл бұрын
I was happy to hear this particularly for Over Georgia because it's got so much untapped potential that only needs some dedicated attention to it.
@Cat3465
@Cat3465 Жыл бұрын
⁠​⁠​⁠@@skrapdiggyI agree. They have a lot of untapped areas to build the next major coasters had them receive constant investments every 2-3 years
@jordydejong3376
@jordydejong3376 Жыл бұрын
yeah six flags over Georgia has been one of six flags biggest money makes for years , no competition in sight , not that many coasters, lower maintenance cost, it's probably a top 3 park in net revenue for the chain at the moment
@MCQ-fq6bv
@MCQ-fq6bv Жыл бұрын
Cedar Fair and Six Flags were rarely in direct competition. Their main competition for most of their parks was always other regional parks and as always other non themed park entertainment options for people. People have limited time and money, so other entertainment options is always part of the competition. They aren't going to massively cut Capex and not give the most profitable parks the top 5 for Cedar Fair( Knotts, CP, KI, Wonderland, Carowinds) and the top 4 for SF(Magic Mtn, Great Adventure, Great America, Fiesta Texas) stuff. KD will also get its proportional share along with Over Texas and Over Georgia.
@nathanward9972
@nathanward9972 Жыл бұрын
As far as the names of the parks go, I can see them dropping Six Flags completely when appropriate. Fiesta Texas, Magic Mountain, Discovery Kingdom - makes sense just to drop Six Flags. Now, for the parks where it's not appropriate (e.g. Six Flags Over Georgia) - maybe they come up with a new name entirely. Like Chattahoochee Park.
@roxycauldwell544
@roxycauldwell544 Жыл бұрын
Cedar Fair took over Dorney Park and we're getting a new ride. They seem to take care of the parks.
@thecoasterzombie9784
@thecoasterzombie9784 Жыл бұрын
This change might be a success story for both Six Flags and Cedar Fair, or could end in total disaster. Positives and negatives will be encountered along the way. Let's hope the best. I could see the Cedar Fair parks being mentioned as "a Six Flags Theme Park" or "a member of the Six Flags family", similar to the now-defunct AstroWorld in Houston, Texas from it's purchase from 1975 up to the mid to late 1980's.
@biguzivert
@biguzivert Жыл бұрын
Considering six flags bad reputation that would be horrible
@ianmortimer5325
@ianmortimer5325 Жыл бұрын
The La Ronde will remain in the chain because the City of Montreal has experienced a population and economic growth and the La Ronde will potential to become nearer the top-tier park in the chain.
@COASTER_CHASER_1
@COASTER_CHASER_1 Жыл бұрын
One think I think they should do that will save money on re-theming especially for the smaller parks is rotating visits by the themed characters. So like month of June Peanuts Gang, July Justice League, august Loony Tunes. It could help boost attendance at smaller parks but still keep it fresh.
@zacharyvickers3100
@zacharyvickers3100 Жыл бұрын
I’m very nervous as a Six Flags STL ride operator!! Be an interesting coming year!!
@dgx9994
@dgx9994 Жыл бұрын
I can also see St.Louis remaining with the new company as it's one of the original three but you're right Six Flags neglected it and the potential this park can bring.
@Focalpoint223
@Focalpoint223 Жыл бұрын
Six Flags sold their flagship park (which was the biggest in the world even if it existed today) to Cedar Fair. They really don't care about being the first one in their brand it's about attendance and revenue.
@karlmanning2603
@karlmanning2603 Жыл бұрын
Frontier City under Herschend makes a ton of sense and I would definitely visit that park if it happens.
@exinobelgonzalez2874
@exinobelgonzalez2874 Жыл бұрын
SFNE is my home park, i dont see it going anywhere. Its' a smaller park by cf and sfne standards, but given it's location, it draws crowds from ct, upstate ny, mass and rhode island. From an attendence standpoint, its actually considered a tier two park and is one of the most profitable in the chain. I always thought that it has such a charm to it that Six Flags does not exploit and unlock. I hope it gets the attention it needs.
@MinkyBoodle44
@MinkyBoodle44 Жыл бұрын
Michigan's Adventure will almost certainly stay in the chain so that Cedar Fair can prevent it from building up too much. Nearly half of Cedar Point's attendance comes from the Detroit area, and it is so much easier to market Cedar Point as a destination (therefore, more multiple-day stays from large families, which means extra moola 👀) than it would be for a park that is in the middle of nowhere in western Michigan. And as for the issue about lack of competition, most Cedar Fair and Six Flags parks are pretty darn far apart (with some exceptions). I don't think the investments they've been putting in have had much to do with pulling attendance away from other parks, since so few of their markets actually overlap. Rides are simply added to capitalize more on local population attendance rather than bring people in from other markets.
@Thecincyclips
@Thecincyclips Жыл бұрын
Given they are doing this to save $. The parks that are not safe are the ones that currently are performing poorly and the new corp deems would not have a good ROI if they tried to bring them up to the level of those performing well. For use of the the IPs my thought is no reason to do one off renaming or even naming for new coasters. Makes more sense to continue the Cedar Fair trend to theme park areas. So I could see them retheming Kings Island action zone to DC Universe and retheming the rides to DC IPs while adding a new coaster and or rides also with the DC name.
@artisdmb
@artisdmb Жыл бұрын
Omg the millennium force to Goliath joke dropped at the end of the vid was toooooo goooood lolololololololololol
@jaredstivers
@jaredstivers Жыл бұрын
I could see Six Flags New England, Frontier City, ValleyFair and Michigan being a package deal. I think New England would be the Piece to intise the offloading of the other three Darren Lake, SF America, Discovery Kingdom and St Louis easily manage once again by Primier Parks. My prediction Seaworld: Discovery Kingdom, New England Herschend: Frontier City, ValleyFair and America and Possibly Darren Lake or St St Louis. It would give them 3 parks close to Metro Area.
@MCQ-fq6bv
@MCQ-fq6bv Жыл бұрын
SFOG(SF owns 31%) and SFOT (SF owns 54%) They are partnership parks. The option to buy the remaining stake from the partners comes up in 2027 for SFOG and 2028 for SFOT. The cost to buy the partners out is about 281M for SFOG and 242M for SFOT. Under the partnership deal has to pay about 48M distribution to the partners, which is based on the parks performance, SF received a 38M distribution form the ops and gets am additional 3% of gross revenue fee for operating the park . Point being these antiquated deals SF had to make b/c of the bamkruptcy are something CF management which are the CEO and CFO in the merger don't do. I think they will buy out the partners.
@Lonyboy1889
@Lonyboy1889 Жыл бұрын
It'll be interesting if they change the name to Cedar flags as the company. Allso if they do sell off Six Flags St. Louis. I could see busch gardens coming in and buying it considering Anheiser bush factory is right there
@dylangaddy10
@dylangaddy10 Жыл бұрын
I could see the six flags logo being redone to show that this is not the same six flags. Maybe even into the style of cedar fair’s logo to keep the parks on brand with each other
@TheNinjaDC
@TheNinjaDC Жыл бұрын
I'll admit i was wrong, and the merger does seem to be going through (though the FTC could stop it). I am still concerned about this merger because i like to say competition breeds better products/services, while consolidation breeds lower (initial) prices. This merger isn't likely to give the main benefit of consolidation (lower prices) as CF and SF already have some of the lowest prices in the industry. The one cost saving feature i could see is a mega pass for all parks, but that is such a minority user base benefit. I will say, in terms of pros, the big one is SF parks getting major operational overhauls. Over the next 5 years i see the big focus of the new company being raising the SF parks to Cedar Fair quality standards in terms of staffing, food, park cleanliness etc. The downside being, i feel the Cedar Fair parks will get a little less investment in those next 5 years as the big focus will be on salvaging the SF parks. Which if feel will hit KI and Canada's Wonderland hardest as they seemed lined up as the next parks to get major overhauls. So i unfortunately don't think a Mach Extreme spinner is in the budget for Vortex's replacement. Which sucks.
@samhowell6729
@samhowell6729 Жыл бұрын
I honestly don’t see them selling parks off, at-least not initially. If they’re smart, they’ll use this capital cushion and enhanced resources to first go in and overhaul the parks that have been left behind. Some of them have too much potential and local populous that need to capitalized by this merger. They’ve clearly maxed out the draw of their big parks and can’t compete with Disneys and Seaworlds of the world 1 to 1. Rather by owning parks in every market, they can act somewhat like a sports league and generate local revenue vs. the travel destination parks. For example, my home park is SFSL, the local market size and location should warrant a bit more effort. Rather they left that park behind ~2011 and only invested in top parks hoping they could compete. It didn’t work.
@jasonh5304
@jasonh5304 Жыл бұрын
This just made me cry. I grew up in southeast Michigan and we regularly went to cedar point. Obviously it was awesome. Then we moved to Georgia and I quickly realized that not all parks are like cedar point! Six flags over georgia is awful. I just recently went back to cp this year and had a fantastic time. A few weeks later I decide to revisit sfog thinking it can't be that bad. They did their best to prove me wrong. I have had 2 miserable trips to sfog this year. Everything is poorly ran, food, rides, fast lane is horrible, costs are high, and general cleanliness is bad. I pray cedar point isn't ruined because of this.
@mitchel4361
@mitchel4361 Жыл бұрын
I have a question...does this mean all the windseekers at cp/ki/can wndrlnd/crwnds/and kd to starflyers...
@Project_Storm1999
@Project_Storm1999 Жыл бұрын
Scrap the name top thrill 2 change it to the flash vertical velocity 😂😂
@jefflong1799
@jefflong1799 Жыл бұрын
BAD...THIS will take me a LONG time to process...So with Cedar Fair having better rides and parks, the 150 anniversary of CP, (not to mention TT2), IT'S ALL supposed to ride under the "Six Flags" shingle(?!?!????)?? F that....Why couldn't they have AT LEAST called it Cedar Flags??
@Jason_Maier
@Jason_Maier Жыл бұрын
I do feel concerned about the future of the smaller parks of the merged chain (Dorney Park, Six Flags America, Michigan's Adventure, Frontier City, Great Escape). Moreso Six Flags America because it's only 2 hours from King's Dominion and seems to be prime land area; being not that far from Washington DC. That and the operations at SFA are not that great from what I've seen/read. They are also surrounded by protected land so they really can't expand; but they could buy out a paintball place next door and expand.
@dirtysilentphantom97-q8t
@dirtysilentphantom97-q8t Жыл бұрын
Hope Michigan Adventures gets some love, they haven’t had a new coaster since Thunder Hawk
@normb9948
@normb9948 Жыл бұрын
They have a huge opportunity with SFA and KD in the same region, to ensure they get the people who would not drive to one or the other.
@kev492001
@kev492001 Жыл бұрын
Cedar Fair does as many bad things as Six Flags does? What? No. Other than that good video.
@SixFlagsfan-bt7uw
@SixFlagsfan-bt7uw Жыл бұрын
Didn’t they say that the ips wouldn’t be crossing from the six flags parks to cedar fair?
@MCQ-fq6bv
@MCQ-fq6bv Жыл бұрын
They aren't going to randomly pick 1 ride to change to DC name. They would make an entire DC area with multiple rides and DC if it happened and that doesn't at all fit into Carowinds. A park like Carowinds has a regional theme that a lot of time and effort has been spent recently in enhancing, that won't change.
@Jimmylovessalt
@Jimmylovessalt Жыл бұрын
Im scared about ka, that one of a kind roller coaster might get reimagined like dragster. Since we all know that Cedar Fair hates unreliable rides. All I hope is that El Toro and Ka stay.
@marcfrey8019
@marcfrey8019 Жыл бұрын
Brandon, thank you for getting this information out there so soon! You were on top of this breaking news last night. I always enjoy your content. I was a wee bit surprised that they moved the HQ to Charlotte, NC instead of say KI. Carowinds is a pretty solid park though, and I would imagine they looked at geographical appeal and COL. Charlotte seemed to me to be a fun place to be when I went there earlier this year.
@drewbaum
@drewbaum Жыл бұрын
I think you keep CP KI KF CW With their current names just update the logos to include Six Flags Signature “flag pole”logo or just put “A Six Flags theme park” like with Great Escape. But others will be changed to Six Flags (Six Flags WOF, Six Flags Kings Dominion, Six Flags Valley Fair, etc…)
@texasbbq3191
@texasbbq3191 Жыл бұрын
I'm excited for my home park of SFOT...we haven't received a new roller coaster (Besides the first RMC of Texas Giant) since Titan in 2001...come on...SFOT is the original Six Flags park. They have the Cowboys, the Rangers, and all of these new hotels and attractions 10 minutes from the park...SFOT SHOULD be a destination park.
@ForEvermore1313
@ForEvermore1313 Жыл бұрын
I think this change will be massive. The reason is because people would by six flags passes for all parks, and another they would buy a cedar fair pass for all parks. The combined companies now I’ll have the tallest coaster in the world and tallest and fastest multi-launch coaster in the world. Now u get a pass to both.
@brianfoss571
@brianfoss571 Жыл бұрын
Effectively, this merger puts Hersheypark in the drivers seat of coaster competition in the Northeast. And apart from markets where Herschend and SeaWorld have major properties, there isn't much incentive for other parks in the combined company to spend $15M+ on a new coaster.
@huddyr1112
@huddyr1112 Жыл бұрын
😂😂😂 he's just joking about the "Six Flags Cedar Point" name he knows they will never put Six Flags in front of Cedar Point 💯
@zacharyvickers3100
@zacharyvickers3100 Жыл бұрын
I disagree with Six Flags St.Louis not being safe!! I believe it is very safe and the reason why is the investments the chain has put into that park this past year and the upcoming new season!! I just don’t see them selling this park!! I do see them renaming the park back to Six Flags Over Mid-America though
@MidwestBoom
@MidwestBoom Жыл бұрын
There is alot of rough coaster there tho and old one easy to axe it and move the good rides
@zacharyvickers3100
@zacharyvickers3100 Жыл бұрын
@@MidwestBoomyeah but in the six flags chain it is the only park they fully own!! They own the lane and everything it’s easier to get rid of a park that they don’t have full control over
@MidwestBoom
@MidwestBoom Жыл бұрын
@@zacharyvickers3100 good point
@HiCaballo
@HiCaballo Жыл бұрын
I’m optimistic on this move. I’d rather they work together than compete. There’s not much incentive to go to regional parks for your average consumer, and I hope this helps them create environments like the pre-COVID Cedar Fair.
@commonwealthedison2640
@commonwealthedison2640 Жыл бұрын
Wait…the chain now has 2 Great Americas.
@ChuckE.CheesesIllinois
@ChuckE.CheesesIllinois Жыл бұрын
Yes sir
@Cat3465
@Cat3465 Жыл бұрын
SFGAm might be confused about another one at California having the same name as them
@fantaorange1356
@fantaorange1356 Жыл бұрын
so if you have a bad day in Cedar Point, do you called it “having a six flags day”
@spclanghorne4494
@spclanghorne4494 Жыл бұрын
Sorry but I disagree about Dorney Park. The Feds will NOT allow two parks in the Philadelphia Metropolitan Area that are widely known as each others main competitor. They would much rather have Great Adventure, the second largest theme park in America, and of course with King Da Ka.
@jimmyjohnson2286
@jimmyjohnson2286 Жыл бұрын
Corporate being in Charlotte will help Six Flags Over Georgia as well.
@Cat3465
@Cat3465 Жыл бұрын
It could help them join the top tier category as the best case scenario
@Zeniththedragon5
@Zeniththedragon5 Жыл бұрын
Apparently the new complany will be called "Six Flags" and Cedar Fair will hold 51% and Six Flags will hold 48%
@Georgefunderburg
@Georgefunderburg Жыл бұрын
I have a question. If I memebership at six flags will be able to go all the cedars parks now? My girlfriend has a season park pass. Will that work all parks? I’m really curious about that at the moment
@marcfrey8019
@marcfrey8019 Жыл бұрын
my guess is that they would morph any current season premium pass holders to allow for this. At least that would make the most sense to me. I have be honest I felt spoiled having the Cedar Fair Prestige + pass this year. The perks were fantastic and well worth it for the price.
@aaronpatalune4363
@aaronpatalune4363 Жыл бұрын
My predictions... 1.This shouldn't get antitrust approval, but it will. 2. Higher prices and less ride innovation from the new company. 3. Several under-performing parks will get the Geauga Lake treatment. 4. Intamin and RMC lose a major customer. 5. Universal, Sea World, and Busch Gardens will be the parks with the best new coasters in the next decade. 6. Zamperla Ka. Can't wait to look back on this in a few years.
@supremefan
@supremefan Жыл бұрын
I see them combining being the only real way for them to compete with what Disney, Universal and SeaWorld are doing. Cedar fair did a pretty good job but they need to up it even more if they want to compete with the big dogs.
@jameshirshfeld2070
@jameshirshfeld2070 Жыл бұрын
Will intamin still work on rides for six flags.
@shadowlord9553
@shadowlord9553 Жыл бұрын
I really hope they don’t sell off six flags St. Louis. As it being my home park they have probably the fastest operations I have seen on attractions. Hopefully if they don’t sell, they can put some new big coasters in which the park has been needing for a very long time. If they do get sold, I don’t really know who would wanna buy them. It’s not a big enough property or populated enough for universal or Disney to attempt to buy them. Herschend already owns a park a couple hours away so I would have no clue who would buy. In the end hopefully they don’t sell and start to invest more in the park
@MCQ-fq6bv
@MCQ-fq6bv Жыл бұрын
Frontier City can't be sold, it is a lease park from EPR just like Darien Lake.
@colbygraves97
@colbygraves97 Жыл бұрын
Carowinds should leave Intimidator alone theming considering it’s Charlotte.
@AG7-MTM
@AG7-MTM Жыл бұрын
I think most names might not be changed. I think Darien Lake, La Ronde, Great Escape, and Frontier City might become more "Cedar Fair"-ish, mostly becuase their names don't contain "Six Flags"
@markvolpe2305
@markvolpe2305 Жыл бұрын
Darien is Six Flags Darien Lake.
@buldasur2576
@buldasur2576 Жыл бұрын
This news is crazy. So the cedar fair name will be gone. Rip cedar fair name 1987-2023. I think this move will turn out good. I know there’s so many parks that people think that will just get abandoned in all of this but I would like to believe that wouldn’t happen. Also I still have my six flags legacy membership from years ago which I’m worried I might lose since the cedar fair guys are taking over. It’s so odd that six flags will own the cedar fair parks now.
@brybryguy6314
@brybryguy6314 Жыл бұрын
So ok. I live an hour away from Great Adventure, Dorney Park, and Hersheypark. Roughly. I hope Dorney sticks around and if they do that who Combo pass that would be great. For me. It will reduse my season pass subscriptions to 2 and not have 3 of them lol
@dadsgottagame2706
@dadsgottagame2706 Жыл бұрын
Maybe I'll start a go fund me to buy Cedar Point myself...
@bcjammer87
@bcjammer87 Жыл бұрын
Cool maybe they’ll rename Top Thrill 2. And if we’re lucky maybe reprogram the LSM to give us a respectable first launch.
@Sir1188
@Sir1188 Жыл бұрын
TT2 would be renamed to The Flash™ vertical velocity if they were to rename it in the six flags style of things.
@bcjammer87
@bcjammer87 Жыл бұрын
@@Sir1188 who’s the weakest, most underwhelming super hero ever? That should be the new name of TT2
@alecscheerer_run
@alecscheerer_run Жыл бұрын
I'm not too sold on this idea. This eliminates competition
@MrSRArter
@MrSRArter Жыл бұрын
0:09 and even some parks outside of those chains
@valdiswallace830
@valdiswallace830 Жыл бұрын
I use to work at six flags over Georgia years ago my first job. It’s the second oldest six flags park.
@KeepRidinCoasters
@KeepRidinCoasters Жыл бұрын
Working at parks are great!!
@grandjohn
@grandjohn Жыл бұрын
I305 being renamed to Superman: The Ride is a nightmare.
@KeepRidinCoasters
@KeepRidinCoasters Жыл бұрын
Lol
@MCQ-fq6bv
@MCQ-fq6bv Жыл бұрын
SF has gotten themselves into a bunch of antiquated deals that are not what CF really doesn't. Ideally they 1) EPR lease deals for Darien Lake and Frontier Ciry and for 4 other separate site water parks ay Oklahoma City, Spring Tx, Phoenix AZ, Concord CA These will likely be gone if they can get out of the leases early. These are low attendance, low pass price parks with low profit margins according to SF in the past, lower than the legacy parks. Lease Expire 2033 to 2037 depending on parks 2)LaRonde is leased from the City of Montreal, very low price point park--- Lease ends 2065--needs to go 3) Rockford Illinois leased water park from the city of Rockford---needs to go, adds nothing-lease end 2029 4)SF Mexico is leased,----they will likely keep it, lease expires 2024 5)Oxopaotex Mexico Water park - leased from Mexico government expires 2037/ 27 theme parks and 15 waterparks is too many mouth to feed,. Getting it down to around 20 parks and 10 waterparks would make it more manageable to give parks the Capex they need to thrive. Eliminate low price point parks with low margins and the lease parks except SF Mexico. Also parks like Escape & America should be sold.
@joshuaeoff4402
@joshuaeoff4402 Жыл бұрын
Six flags St.louis is Missouri's coaster capital And they've had a bunch of park improvements this year
@brianfoss571
@brianfoss571 Жыл бұрын
Renaming I-305 to Superman only makes sense if Six Flags America is getting sold off. Not an unlikely scenario, but Herschend or Merlin would have to be willing to bite and invest a fair amount in that property.
@michaelkucharski4251
@michaelkucharski4251 Жыл бұрын
Going back to your video on Ragarou.. As landlocked parks need to remove coasters this gives a lot more opportunity to have other parks pick up these older but still appealing rides. Thinking about this floorless moving to Six Flags over St. Louis for example.. Possibly more ride rotation programs. I think alot of capital will be going into elevating some of the key parks to revitalize them. Both parks were already doing this with new theme areas, and what not, so its not changing anything just bringing more money to the table to do it sooner. It does make me question the fate of Kingda Ka now, I think its safe for a couple years..
@jefflong1799
@jefflong1799 Жыл бұрын
Rougarou should go to Michigan's Adventure (imo)..
@artisdmb
@artisdmb Жыл бұрын
Is there a way to listen to the conference call ourselves?
@jonathanwoods3136
@jonathanwoods3136 Жыл бұрын
As far as parks are concerned I feel like as long as a park doesn’t compete with another park in a market and makes a profit, then it will stay. I’m more curious on what manufactures this new chain will work with. Is intamin done or are they about to possibly have the largest chain in the world as their client? So many questions.
@joshuaeoff4402
@joshuaeoff4402 Жыл бұрын
Six Flags Over Texas Six Flags Over Georgia and Six Flags St.Louis are always going to be in the chain because they are the original three parks
@clinton5623
@clinton5623 Жыл бұрын
Six Flagging the Cedar Fair parks just sounds awful
@beardedswordsman2901
@beardedswordsman2901 Жыл бұрын
I do like how now we should see RMC in cedar fair parks. That really sounds amazing, I'm so sick and tired of GCI being married to cedar fair. Im still hopeful for a fast track campaign for Worlds of fun to add a bunch of things in time for the FIFA event but i really don't want to see dc stuff there.
@IntaminFanGRLPowerCoasters
@IntaminFanGRLPowerCoasters Жыл бұрын
What will happen with Intamin? Because what I've heard is the Cedar Fair manager is in charge.
@44bthknuckles
@44bthknuckles Жыл бұрын
both companies agreed on the same type of flat rides for carowinds. the new geaga lake hopefully done right.
@ninjagirl226
@ninjagirl226 Жыл бұрын
Personally I’m more concerned about my pass. I have a Six Flags pass since I live near two of the parks. But will it now get me into Dorney? Or King’s Dominion? I have plans to go to both this year, but didn’t feel the need to get a pass.
@dominicjannazo7144
@dominicjannazo7144 Жыл бұрын
The merger won't be official until some time next year, it's just officially announced. Maybe 2025 will have new passes, I doubt they'll work on 2024
@jacksonbrinkley8706
@jacksonbrinkley8706 Жыл бұрын
I know that spooky szn is over but... could we see scarowinds for example become fright fest????
@DocDoccus
@DocDoccus Жыл бұрын
I guess this shows that Six Flags was on the way to failure and this was a way to keep afloat. Now that there's an apparent mega company between Flags and Fair, I don't know if this is going to prove to be the best move totally. **
@alecscheerer_run
@alecscheerer_run Жыл бұрын
Well, both chains weren't doing well. Cedar Fair wasn't doing much better
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