The Six Flags-Cedar Fair Merger is a Good Thing??
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- Опубликовано: 23 ноя 2023
- The Six Flags and Cedar Fair merger has been a hot topic since it was announced. Some claim it's a Monopoly while other's claim not much will change. But what if a lot will change, and what if it's for the better. Today we dive into whether or not Six Flags and Cedar Fair merging could be a good thing...
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Weird how you said "imagine going to Magic Mountain and having new paint jobs on the coasters" while showing footage of Tatsu's old paint job 😄
back when it looked like a distinct attraction and not Nickelodeon Splat!: ReVengence
@@overlookersyeah i dont get why they changed the orange supports
was just there bro it look brand new now. this page are 96% cedar fair fans and 4% SF bro.
is it just me, or does tatsu look like a pumpkin now🤔
I think I predicted something…
I named my roblox TPT2 park “Cedar Flags” and the story was they merged and put their best rides in one park…
I can only hope the new Six Flags continues working with RMC to add more Raptors for SFGAm, SFOG, SFDK, and SFOT. Those parks can totally benefit having them in their lineup and have been popular ever since Wonder Woman at SFFT
Yeah, we need more wonder womans
Hopefully the combined company will be big enough to be able to pressurise RMC into improving their train designs.
@@mrcrazykid. I agree. We need one at SFOG in the Go Kart area. The Splashwater Falls area is already being occupied for the Ultra Surf
@@me-myself-i787fr
T-Rex needs to go to SFMM tho.
You got me in to coasters I use to be terrified of them now I'm a enthusiast
Welcome to the team
Same mate
I’m so and so in being a coaster enthusiast. I am fully interested, but freaked out on Zach’s Zoomer.
The downward spiral
Same, still scared of a lot of the coasters bc of the drop
Me personally, I've been wanting to go to Six Flags Magic Mountain but with the all parks pass, maybe it might end up coming in handy
Let’s go! New Coastoons video!
To be honest I’m definitely shocked that it happened… but then again we all were.
Anyway I kinda want an RMC Hurler at Carowinds, I don’t care if it’s a clone of Twisted Timbers, I loved Twisted Timbers
@mazda787b2Ok maybe not a clone
It would be cool if it were a different, but still related take on TT.
Think Nemesis/Nemesis Inferno or Oblivion/Oblivion The Black Hole.
The Great Adventure and Dorney pass is going to be awesome. Especially considering Cedar Fair had a 10 year plan drawn out to bring Dorney closer to one of their tier 1 parks starting with Iron Menace. They could really steal the market away from Hershey.
I'm happy that they are finally building it out. Though with this merger do you think they'll still go thru with it besides the coaster?
@@lorumipsum1129 I really hope so. Even with the merge they have nothing to lose with trying to bring Dorney closer to a tier 1 park and expanding it’s offerings. I get they won’t want Great Adventure and Dorney competing against each other but they are very different in vibes and reputation already. Dorney Park has much more of a historical and generational family feel to it, while Six Flags feels like a straight up money making amusement park unfortunately but they are looking to become a destination park in the future. So if they make sure each park is unique in the rides it offers and experiences there is incentive to visit both and it could be very beneficial for the company especially if they offer a combined pass.
@@AFCompany Yeah, considering Iron Menace is replacing Stinger, I do hope it would make Dorney Park, which, make like Geauga Lake and Cedar Point, are considered landlocked, they'll have to make up what little space they have to build new attractions on. Personally, I'd think in the future there should be coaster stations built on one spot where five coaster stations are built on top of eachother, so this way they can have 5 coasters stacked like a tower when the land around them isn't plentiful enough to expand and such.
@@SuperFlashDriver Dorney isn’t land locked, they have a lot of space to expand if they want to. They own all the land up to the 78 freeway on ramp and all the land behind Steel Force to the north and to the east, also the entire lake behind Steel Force and Hydra is owned by Dorney. They do however have sound restrictions which is why their B&M’s are filled with sand and a height restriction of 230ft. They actually have the opportunity to expand into a large park if the company wants.
@@AFCompany Really??? I did not know that. I thought from the looks of the park on Bing Maps that it looked landlocked, but I'm completely wrong...Wow, I did not know that.
He says cedar fair probably won’t invest in Worlds of Fun but they literally got a new major coaster this year. Cedar fair rarely invests in its smaller parks so them getting a major investment could mean something for its future, look at what they did with Carowinds.
Thank you for the positive outlook :) hope can be hard to come by these days
If the smaller parks do end up being sold off and all become part of a different chain, it could be the MyNetworkTV of the amusement industry.
luv ur content, keep doing what ur doing 💖💖
Its always a good day when coastoons uploads
no
Generic comment
😲
does this sound better? "Its always a bad day when Coastoons uploads!"
yeah@@user-ev1by7sk9i
Omg it’s the coastoons video. I’m so hyped
As someone that has had a season pass to Cedar Point for years, I really hope it's a good thing and not much changes.
You’re like the Scott The Woz of enthusiasts. Love it!
I definitely hope that the combined chain sells some underperforming parks or terminates operating agreements for parks where they don't own the land that are not pulling in business. Like I'd like to see them: terminate operating agreements for frontier city and darien lake (six flags doesn't own the land), sell SFA (that land in the greater DC area probably has some good value to it), sell Michigan's adventure... Maybe get rid of those random few water parks that Six flags operates, like the one in Illinois. Consolidating down can only be a good thing as it allows this company to focus more on successful parks while cutting out the chaff
this is an amazingly done video. I'm glad you didn't just upload the same garbage as everyone else did the day the news came out.
I'm a norcal thoosie who got converted thanks to your video on coaster fears and PoV's. I used to be deathly afraid of Medusa @ SFDK, and now I've built up a sizable amount of credits!
seriously can't wait for the next video, i absolutely love your content
As you claim, the regional parks don't compete. That's why season passes won't go up much. So what If I can go to 40 parks instead of 20. I only ever went to 3 anyways.
As an ex six flags employee I love to hear that theres a future to the park that my family has been going to for generations (which is six flags new England)
4:52 bruh, Worlds of Fun literally JUST got a new coaster.
So did Great Escape lol
you know what this means six flags will get better coasters after all these years of straight mid
Keep up the vids, You got me into coasters and now I beg my parents to plan a trip to Cedar Point in May💀. Will you be making a video on the new fast and furious coaster over at Universal Studios Hollywood?
Same here, except I live in Cali and I have to get my own tickets to Ohio and possibly even Cedar Point
Universal Hollywood sucks man its a 1 time go just like disneyland im so happy my kids told me to never take them back (8 yrs son, 7 yrs son and 4 yr daughter she wants to go back) They only want the biggest and baddest theme parks
Six Flags works with Intamin but Cedar Fair doesn't, I wonder whats going to happen
I expect Seaworld and Hershend will buy up some of the smaller parks like Dorney and Valleyfair
Dorney will definitely not be sold. It’s too historical and one of the oldest operating parks in the US, and Cedar Fair is planning to turn it into one of their tier 1 parks and this was prior to the merger. They have a 10 year plan and Iron Menace was just the start. Great Adventure and Dorney will have a combined pass and try to steal the market from Hershey. Trust me they do not want to get Seaworld in the game in that area. I really only see them selling off Michigan’s Adventure, and Frontier City, maybe Darien Lake as well.
Interesting times we’re in.
No way bro put the monopoly man on the thumbnail 💀
I'm curious to see what will happen to the parks that Six Flags doesn't own, EPR Properties owns Frontier City and Six Flags Darien Lake. Apparently Cedar Fair likes resorts and Darien Lake is a resort with an on-site hotel, campground, cabins, amphitheater, water park, and of course amusement park, the question is, will Six Flags drop this park back to EPR or could they buy this park from them or continue managing it the way they have been?
It's gonna suck. I worked for sixflags as a operations manager for 11 years, the one in Arlington, Texas. Them merging with Schilliterbahn in New Braunsfel, is going to suck ass. Schilliterbahn is not going to have that family friendly feel anymore. When you went to the water park I'm New Braunsfel, you could feel the warm, family feeling with the employees, the staff, just the whole park itself. Now that it's gonna be under the "Six Flags Umbrella" it's going to feel corporatized and just ugh just like the rest of their other six flags parks. It just won't be the same anymore. Prices are gonna go up most definitely than what they are now. Six Flags is about that dollar bill not the guest experience.
00:20 Dude, i never thought in a hundred years, or even in my lifetime, that this would happen. The last time I could think of something this startling would be akin to Nintendo vs. Sega (Nintendo being Cedar Fair and Sega being Six Flags), with them eventually coming together to form one company or become good friends with one another.
great vid!
With Cedar Fair and Six Flags merging, they should create a division part of the Cedar Flags Chain reviving Kings Entertainment Company [KECO]. Cedar Fair and Six Flags will not only merge, but they'll also keep each of the brand Parks Six Flags, Cedar Fair divided. But they could create a third brand for the former Paramount Parks, to the Kings Parks named after Kings Entertainment Company [KECO] rebranding Michigan's Adventure as a Kings brand park Although, With Six Flags merging with Cedar Fair and Licensed by Warner Brothers, Cedar Flags could bring back the Hanna-Barbera Characters also retheming the Kids area back to Hanna-Barbera Land for the King's brand parks. Well honestly, they should so you'll have 3 brand parks owned by Cedar Flags Cedar Fair, Six Flags, and now Kings, which would be accurate. It's the same when the Busch Gardens brand parks and the SeaWorld brand parks are owned by United Parks and Resorts while at the same time both are divided.
This sounds good from a "they can use all the good parts view", but we should keep in mind monopolies are bad because they decrease competition. With less competition? They COULD (may not) raise prices. They are also not incrntivised to build new "bests" as they will easily hold all the records and bests already.
It's not a monopoly, not even remotely
Yesss a new video
Any of those smaller parks get snatched up by Herschend Family Entertainment like Kentucky Kingdom, and they become a much bigger player.
Under Cedar Fair Frontier City may actually get a vending machine!
Hearing that the Cedar Fair CEO is taking over and the Six Flags CEO is stepping down is some of the best news to come out of the theme park industry right now. THANK GOD!!!!
This makes me think of Kmart/Sears and we all know how that turned out.
How will this affect my Diamond Elite membership?
this is a stretch but i feel like your choice of footage is mainly CP, SFMM, knots, and SFDK... are you based out of cali?
Very good thing. I hope a company can come to fruition or expand to compete against Six Flags in the regional park landscape.
This new company is Six Flags How can the new company compete against itself???😮😮😮😮😮😮😮😮😮😮
@@Iamrightyourrong that’s what I’m saying. I hope someone can at least compete against the new company. But in the eyes of trade, it’s not a monopoly.
Kings dominion wouldnt be closing, most likely Six Flags America would close as it has way less attendance and the park is just in a bad situation. Kings Dominion pulls a decent amount of attendance. KD is also getting a new coaster in 2025 and most likely phase 2 to JungleX. Also, the CEO of Cedar Fair came from Kings Dominion as he was the park president before becoming the Cedar Fair CEO.
I love Michigan adventures, but it’s not a roller coaster park it’s a waterpark with some roller coasters in the waterpark is better than cedar points by a long-shot.
I thought this was fine until I heard cedar fair parks branding would change. Imagine it being called six flags cedar point
question:
will Cedar Point remain as the flagship or are they going to move the flagship?
The only competition I could see for the flagship park at Six Flags Magic Mountain
They will probably have3 flagships
1. Cedar Point
2. Magic Mountain
3. King's Island
I think this is very exciting news for SFMM, but I don't think a lot will change at the large Cedar fair parks (except Knott's, they might get relegated to be a mid tier theme park when Magic Mountain is in the same chain)
Do you think six flags New England would be sold off?
Another vid from the GOAT of coasters
51% owneship is a majority stake. How is that not a buyout?
No the combining of the companies doesn't push back the debt notes due dates, they have to refinance (roll ) them just as they would have before.
You should touch on Canadas wonderlands new coaster
tec instrumental 😩😩
Now can we get an RMC at Kings Island? Please Six Flags
Like what? An RMC'd Son of Beast
An I-box, or even better, a T-Rex. It doesn't have to be named "Son of Beast". It could be anything @@joshuahollowell95
merger is bad for parks, like my home park, Six Flags St. Louis, only original owned and operated park owned by Six Flags, never received the respect that a good little park should have. It still has plenty of land to expand on and all we do is remove more rides than replace them with. I have been going to this park as a kid and still like the park, but if not going to care then sell the park and either tear it down or sell to someone that could take better care of the park and also love watching these videos, but the dissing of six flags st louis doesn't help its cause.
And then they sent the great America rides to La Ronde
W coastoons
All I want to know is if employees of either will now get in free to all of them
Didn’t worlds of fun just get a new coaster
😊❤
both cedar fair and six flags get zamperla air races bonus
the lift hill is the worst part
Also i just became a coaster enthusiast afte shitting my pants about them for 14 years.
I just don't want to lose my Six Flags diamond elite pass
"Four feet under"?
They did it
Love laughing at Redditors losing their shit over this lmaooo
First 💪
They didn't say that the passes will get you into all parks like the old SF passes, which the cheap SF core patrons whined about . They will do tiers just like Cedar Fair does now. Summer or Silver(offered at some parks), Gold gets you into your home park...the Passport gets you into all parks. The notion that Cf management would go back to the old asinine SF structure of the lowest pass gets you into every park is ludicrous.
AYO
I'm going to die on the hill that mergers never benefit consumers and this merger is going to make these parks crappier and more expensive in tbe long run.
Skyline is not that bad y'all just hate it because it's not RMC
It all depends on if we get the best of both worlds or the worst of both worlds, I think the best case scenario makes it extremely exciting to be an enthusiast in the coming years but the worst case scenario…
Let’s just say bye bye to intamin and RMC ahead of time. Praying this doesn’t happen
Why does everyone call the merger company cedar flags, but why not six fairs, its a run on of both, and it sounds better.
No not Michigans adventure
The biggest news for the amusement industry is a new coastoons video
bro it happened so long ago 💀💀
It's been like 3 weeks...
First veiw🎉🎉🎉🎉
I wish y’all would stop the six flags hate. Not all their parks had the same issues.
No. No it is not.
I think that the rumored great adventure giga is a lot more likely to happen
Bililion
I'm surprised that with cedar fair being as good as they are with money spending and everything it's surprising how they are in debt and I thought that would never go into debt but they are I wonder why
Just FYI there are more outstanding shares of Six Flags-that’s the reason for the share $ differential.
You haven't a clue what you're talking about. Try again.
Wrong - Monopoly will not mean the quality of cedar fair moves to six flags etc. hah hah hah 😂 funny…. Sigh. No!
Monopoly means cedar fair no longer has to compete with quality.
In fact there will be no need to compete anywhere on anything. They can charge more and give less. Likely even just sell exclusively their season passes for more ‘value’.
Their going to spend their monopoly money on domination! They will crush the amusement ride companies as there won’t be any bid competition for rides in the US. They can buy out amusement suppliers by crushing the suppliers against each other since they will own a disproportionate amount of the US market. They will run crazy deals near any last competing amusement parks to theirs. They can spend the money on dividends for shareholders.
No money will be spent long term making things truly better for us. Hah hah hah hah.
Finally someone positive about this
Hopefully the new company works with Intamin some but probably not.
I think if the ultra surf at SFOG goes well and the rumored intamin for 2025 at Gadv goes well then I could see cedar fair working with intamin again
I flippin hate this i live 15 minutes from six flags discovery kingdom, im not gonna flippin drive 5 hours down to LA every month. What the freaking freak
Monopoly
no - there are many other theme park chains
@@coasters4life388Only one company would have a grip on the entire country though. Thats like saying a Coke-Pepsi merger wouldn’t be a monopoly because RC Cola exists.
@@yaboytroy357the problem is Amusement Parks are categorized into the wider entertainment industry which includes things like FEC, Movie Theatres, Top Golf, etc. Even with the merger the new company (Six Flags) barely puts a dent in market share of the entertainment industry. While geographically it could be a “monopoly” financially it’s not.
@@yaboytroy357 Disney? Universal? It’s an OLIGOPOLY, not a monopoly
@@coasters4life388 Disney and universal are only in California and Florida. Everywhere else would be run by one company.
frick you WOF is my home park ):
No negative effects? Maybe yall should talk to any british thoothie. There is practicaly a Merlin monopoly and over decades, they didn't get as many big coaster investments, as comparable countries. Just now it seems like something is slowly changing.
You don not understand what a monopoly is, this isn't even close.
No both companies are not at the risk of bankruptcy soon. Stop talking about something you clearly know nothing about...business & finance. For the 1000000th time for ignorant coaster youtubers that that know nothing about business & finance . CGA land was sold b/c the land was worth more than 3x the park and the profit they made from the land sale is more than they would make in 15years of actual operation of the park. CGA was low profit park, literally one of the bottom 2 in the chain
Please stop talking about anything with finance when you know nothing. Six Flags debt and Cedar Fair debt are not the same b/c Cedar Fair finances are way better in regards to revenue, net income, etc... All debt is not created equal. Cedar Fair could have paid down more debt and choose not to. Six Flags is not capable of paying down their debt significantly, they also do not have the free cash flow to reinstate their dividend or do stock buybacks. . Cedar Fair spent 250M on a stock buy back and restarted their dividend of $1.20/yr in 2022(that's an annual cost of 60M). Cedar Fair also authorized another 250M stock buyback plan in May 2023. You don't spend 310M/yr on stock buyback & dividend if you're concerned about debt, you pay down the debt.
Cedar Fair working with Intamin again is what I’m hoping for
Love how this so called theme park pages poo on SF theme parks without probably never visiting one and I have visited last yr 7 SF theme park and Hurricane Harbor the only theme park that was horrible for SF was Discovery Kingdom but to Talk poo on SFMM which is #1 just tells me you haven't been there in a while Tatsu has a new paint job now the Park was super clean we were there end of Oct 2023 and Knott's is Cedar Fair i don't know where the ___K do you guys see SF parks dirty I cant wait to go this summer to Cedar Fair Parks (Cedar point, Kings Island, Carowinds and King Dominion) the best most Cleanest park i ever seen where you couldn't even find bird poo anywhere is Six Flag Fiesta Texas and you Cedar Fair ppl talk about food like i NEVER remember asking my parents lets go to SF for the Food, Bathrooms, shows like wtf I only go for the Rides I'm happy my kids only care for the rides when we get hungry we leave the park get something to eat and comeback. it must suck to be a cedar Fair fan and know that you guys have to look for the Food, paint, shows, and whatever else you guys care cuz us SF Fans love our Theme park for the best rides in the world (well till Falcon Flight comes)
I love the merger