It's Actually HAPPENING! Six Flags & Cedar Fair are MERGING!
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- Опубликовано: 28 сен 2024
- Probably one of the biggest announcements in amusement park history, Cedar Fair and Six Flags have come to an agreement to merge their corporations into one massive Theme Park Enterprise. In this video, I discuss the good, bad and ugly of this daunting new endeavor.
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Is it just a coincidence or not that Kings Dominion got a Free Spin and Valleyfair got a Super Loop
I think this will be a great move for both companies. We saw similar success in 2017 when Bass Pro Shops acquired Cabela's, so I see no reason why the same thing can't happen with these two as well.
I got a bad feeling about this merger but I hope I'm wrong
I remember that.
The rides Six Flags announced for 2024 will still continue, with Over Georgia themselves announcing an Ultra Surf coaster 11 days before the announcement video was released. It will likely impact the rides that people that are predicting for the parks to get in 2025
Hopefully they will revamp the Safari section of Great Adventure. Finally seeing the launch track of King da ka. A new repaint for Kingda ka. (Maybe the reason there are new trains).
There's no reason to raise season pass price.
By the way, I would not take new rides or other recent investment as a sign that a park is necessarily safe. After mergers and acquisitions, companies often drop projects or properties that they've sunk a lot of recent money into. If they're rational, the reshuffled management is going to be reexamining everything to see whether it still makes financial sense, and recent sunk cost doesn't necessarily imply that they'll spare the axe. Remember Geauga Lake.
I am as shocked as you are. This came out of left field.
This commentary is VERY Pro Cedar Fair. It does not take into account the awesomeness of Six Flags.
Instead of six flags taking over the spotlight, why don’t they just called a new company Cedar Flags.
Michigans Adventure might do better
One season pass for all the parks???? Dream on and hope it is affordable. I see the logic of offering several different price points of season passes and you get to pick 3 parks for X dollars or 4 parks for y dollars or 5 parks for z dollars. The GP basically doesn't travel the nation going to amusement parks, they stay within a 5 hour drive of home....so a full out season pass for all the parks is a long shot.
The merger is about 95 complete. The board of directors for both Cedar fair and sf are in favor. Cf shareholders dont require to vote and most of the sharholders for sf are institutional shareholders not individuals which are mostly in favor. One particular shareholder is against the idea, however they dont hold enough shares to block the deal should they vote all their shares against the deal. Only thing that can block the deal are antitrust issues or if a competitor takes the them to court to block the deal if they think it is unfair for any reason.(dont be surprised if seaworld does this, given their recently shot down deal to acquire cf). I do see the ftc forcing to sell properties where there are duplicate parks in the same markets. I hope that though the parent company is called SF, that they treat the parks as different brands under the sf umbrella each with its distinctive experience, kindve like seaworld parks does with sea world and bush gardens. I have faith in Zimmerman. Hopefully this can course correct the last 25 years where sf was purchased by premier parks, which in hindsight was the worst thing that happened to sf as a whole.
Hope Flash doesn’t get cancelled
Meh. This is the 8th video I saw today on this topic and everyone's predictions and opinions are wild across the board. So all I am saying is not much but more or less we will see how this plays out.
It's way too early to see how this turns out, so yeah, we'll wait and see 😉
This is and was the worst idea ever.
enough said
In your opinion
This move both excites and scares me immensely. I can’t help but think about what happened with both during the economic crash in the mid 2000s, but I know both companies are smarter than they were then.
My home park is so obviously on its last legs, so that hurts, but I kinda saw this coming.
My biggest concern is about selling off parks (especially if the land is turned into housing or retail developments instead of just changing ownership of the parks.) Most of the time mergers like this aren't done as a way to expand both companies. It is usually done when both companies feel that their future is rocky and they need to shed assets but are concerned they won't survive shedding those assets unless they establish a more stable base by merging.
I just don't want to see any park closed. If a park gets bought by another chain or independent business entities that plan to continue to operate the park then that is fine. But some of those parks exist in areas where land is extremely valuable and a park sale could help stabilize the new company and the land would likely be developed. It nearly happened to Magic Mountain years ago.
They said the CF parks will retain their names. It is the company, as a whole, that will be called Six Flags.
I think this merger will generally be a good thing. I am hopeful that SF parks will get raised to the CF standard.
I would feel better if Salim Basoul wasn’t going to be at the top of the pyramid. I am concerned he was only beginning to see the error of his ways.
I don’t see him being bad like he was at first
I'm eager to see how my home park valleyfair and others such as Michigan will do...rumors of a new coaster soon at valleyfair...so hoping this gives some love to the neglected parks...I mean that in putting new flats or coasters in those
I don’t think six flags will cancel the new rides for 2024. I think their too far into development
It's probably gonna end up like Busch Gardens and SeaWorld but better because back in the 90s SeaWorld and Busch Entertainment merged while keeping the both themed brand theme parks the Same. But hell we However, With Six Flags licensed by Warner Brothers and merging with Cedar Fair we might have back the Hanna-Barbera themed areas again in the former or Ex-Paramount parks while the kids areas will keep the Snoopy or Kids themed areas and the rest of that are under the Six Flags brand will still keep the Looney Tunes and DC Characters.
This will go good or bad!
Lol
well. i'd better get up to knotts and ride ghostrider before they "sx flags " it
Bro I thought it was carowinds and six flag merging
I predict that in the future, they probably will split up
This is a bad idea especially for Cedar Fair parks. Cedar Fair parks will go downhill. Season passes will be so expensive. We will not see any lg investments. Parks will be closed. People are going to lose their jobs. We will not have any competition. Won't see any record breaking coasters. Makes me very sad. Michigan Adventure and Valley Fair will be closed. Maybe Dorney as well.
I’m also just not the biggest fan of multi billion dollar organizations just merging together.
I am not a fan… maybe in the UK they work with one company owning a bunch of parks… but I think it’s way different over here.
"Six Flags Cedar Point" 😭😭😭
Lol no
Top Thrill 2 now named Mr Freeze Reverse Blast, Steel Vengeance now named New Ohio Giant, Magnum now named Goliath.
The superhero themes are a major hit with the public, even though enthusiasts tend to hate it. It draws people to Six Flags parks, so I could definitely see that being kept. I'm not a comic book guy at all, but I actually like the superhero themes at Six Flags parks. It's better than no theming at all, which is what Cedar Fair usually does, although they have improved on that lately. I could see the coaster for SFOG getting cancelled, since Cedar Fair refuses to work with Intamin. We probably also won't be seeing RMC Boss, RMC Roar, or a raptor for SFGAm.
maybe they can rebuild geaga lake
They already have plans for redeveloping the land
I do think that on the whole, this is probably a positive for shareholders and a negative for the rest of us-- I could see a whole bunch of underperforming parks sold off or shut down, since that's usually what happens after these mergers. Six Flags St. Louis, Six Flags America, Dorney Park, Darien Lake, Michigan's Adventure--even though some of them are getting new rides, the merger could kill some of them, if not now then a few years down the line. And it certainly removes all hope for California's Great America surviving the next few years.
On the other hand: The only park owned by either company in my region is Six Flags New England, which is the 400-pound gorilla competing with smaller local parks like Lake Compounce, Water Country and Canobie Lake Park. I don't think the merger will affect it much, and any effect it does have may well be positive. It's already been slowly moving from low- to mid-tier status within the Six Flags chain. If anything, it's a scary moment for Lake Compounce, which will have to step it up if SFNE gets more investment from the merged company--especially as regards non-ride aspects like general ambiance and appearance, staffing, food etc.
Here's hoping SFNE finally gets some love because that Goliath plot has looked pretty sad for a few years now. I really hope for the best, but fear it could be a terrible move down the road, I guess we'll all just have to wait and see.
For years SFNE got some derision for having a regular Boomerang and a Giant Inverted Boomerang right next to each other. It occurs to me that the logical thing to do right now might be to rip out the Boomerang and replace them both with... a Super Boomerang! It'd fit, and it'd give SFNE its launch coaster. The only question is if they'd want to do something bigger and more custom instead, but now we're really dreaming.
Knotts and six flags Magic mountain should both be safe as the company needs warm weather locations that open year round and both do good attendance numbers in arguably the biggest or second biggest US market.
I can see parks like Darien lake and SF America sold off. Parks that are under performing or possibly hold an appeal to another chain. Frontier city to herschand maybe.
Six Flags doesn't own Darien Lake or Frontier City anyways.
@@markvolpe2305 it is still being run by six flags
@alantrotter2077 correct, if Six Flags decides to drop those 2 parks, then EPR Properties would have to find another operator for them.
I had told you that my membership was through Frontier City. I actually bought a new pass back in August through SFOT, and I'm now glad I did. Either the legacy memberships will be terminated or Frontier City will be; probably both.
One thing for sure as an employee at Schlitterbahn new braunfels everyone can expect to pay for parking and no more bring your own picnic into the park..😮😢😆
Now I kinda regret not buying the six flags season pass when it was on sale for 70% off last year lol and did u mean the six flags pass will be bad by the end of this year or next year?
Now Hershey Park will become the new Sxflags. SixFlags and Ceder Fair mergering can be great for Hershey but a bad idea
Now you can say a 500ft T-Rex RMC will be built
We could always hope, but Cedar Fair hates RMC, so this could mean no more RMCs at all for Six Flags parks.