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Everything posted by DiamondbackFan
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Carowinds 2027 addition
DiamondbackFan replied to BeeastFarmer's topic in Other Amusement Parks & Industry News
It's a Super Flume made by Whitewater. -
Nothing for 2027 https://www.prnewswire.com/news-releases/six-flags-introduces-flexible-membership-program-at-six-additional-parks-redefining-how-guests-experience-multi-park-fun-year-round-302792161.html
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Kentucky Kingdom
DiamondbackFan replied to sccard01's topic in Other Amusement Parks & Industry News
Wild Moose -
Has anyone else noticed that the layout in the brochure for the S&S Axis coaster seems to work with the SOB station if The Bat was removed? https://cdn.prod.website-files.com/60be9a2c8c73a085920bb514/63694d27176f1e4564ae7501_Axis Brochure.pdf
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"A new six-story hotel tower in front of the current hotel building, facing Kings Island Drive. The hotel will have 24 three-bedroom suites and be connected to the existing hotel. The hotel will be 75 feet tall, as tall as the waterpark, and will be visible from Kings Island Drive. Removal of 55 parking spaces to make room for the new tower."
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Which Six Flags parks are up for sale?
DiamondbackFan replied to Orion-XL200's topic in Other Amusement Parks & Industry News
Some new trademark applications by Enchanted Parks. (see attached image) EDIT: Found a trademark for Enchanted Parks Great Escape Lodge. This appears to be a park sale to Innovative Attraction Management and they are rebranding these parks and the parks in Old Forge, NY that they purchased in 2024 to the Enchanted Parks brand. -
They buy time, but are replacing 2027 Notes at 5.375% and 5.5% interest with one at low-to-mid 9% interest. From Bloomberg: "Six Flags Entertainment Corp. is planning to sell $1 billion of dollar bonds in the riskiest tier of the junk market, testing investor appetite for the second such deal this week with CCC ratings. The US amusement park operator is offering the six-year notes at low-to-mid 9%, with the proceeds earmarked to refinance debt due next year, according to a person with knowledge of the matter." https://www.bloomberg.com/news/articles/2026-01-06/park-operator-six-flags-taps-market-for-1-billion-in-junk-debt
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Six Flags will probably opt to renew or extend the the Texas Partnership and still has majority ownership of the Texas partnership. By declining the buyout, they can avoid taking on another $344.2 million in debt to pay for the buyout. The End-of Term Option from the last quarterly report: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001999001/6109e747-0c95-451d-91e6-6687f18de9f3.pdf
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Six Flags Names New CEO
DiamondbackFan replied to DonHelbig's topic in Other Amusement Parks & Industry News
This is such a bad take. You might want to do some research on John Reilly and what he accomplished while he was at SeaWorld Parks and Resorts and Palace Entertainment/Parques Reunidos. -
Six Flags and Cedar Fair Merge
DiamondbackFan replied to IndyGuy4KI's topic in Kings Island Central Newsroom
We might get a new CEO announcement soon. https://finance.yahoo.com/news/jana-partners-provides-six-flags-131500178.html "NEW YORK, Nov. 13, 2025 /PRNewswire/ -- JANA Partners LLC ("JANA"), which along with its partners collectively own an economic interest of approximately 9% in Six Flags Entertainment Corporation (NYSE: FUN) ("Six Flags" or the "Company"), today announced that Dave Habiger has de-grouped from the JANA-led investor group to enable him to pursue a complementary opportunity involving the Company." -
Six Flags and Cedar Fair Merge
DiamondbackFan replied to IndyGuy4KI's topic in Kings Island Central Newsroom
https://finimize.com/content/activist-investors-shake-up-six-flags-entertainments-boardroom https://investors.sixflags.com/news/press-releases/press-release-details/2025/Six-Flags-Appoints-Jonathan-Brudnick-to-Board-of-Directors/default.aspx -
They probably couldn't find a buyer for these parks that wanted to operate them and will sell them for the land value. Herschend had to buy all of the Palace parks as a package, now they are unloading the parks they don't want. The Boomers parks in California, Castle Park, Raging Waters Los Angeles, and Wet 'n Wild Emerald Pointe were sold to Lucky Strike Entertainment. The Cartoon Network Hotel is dropping the license and being remodeled and rebranded to Dutch Wonderland Inn.
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Six Flags and Cedar Fair Merge
DiamondbackFan replied to IndyGuy4KI's topic in Kings Island Central Newsroom
Activist investor, Land & Buildings, is pushing the company to sell off the land under the parks again. They sent out a letter to shareholders today. https://www.businesswire.com/news/home/20250925248557/en/Land-Buildings-Issues-Letter-Detailing-Why-Now-Is-the-Time-to-Finally-Unlock-Six-Flags-Substantial-Trapped-Real-Estate-Value