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jzarley
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The Mysterious House In The Train Fort That Cannot Be Torn Down
jzarley replied to BoddaH1994's topic in Kings Island
I’ve never watched your podcast before—it’s really enjoyable. I’m with Ryan that the requirement to not tear down the house seems like a weird thing to request. I wonder what the original sellers’ thinking was on that? I’m guessing it was some sort of homestead that had been in their family for a long time. I have a feeling that requirement would have a difficult time being enforced at this point—first of all, someone from the original sellers would have to care enough to mount a challenge. Plus, KI has been sold three times since the original Taft Broadcasting land purchases—I doubt if that stipulation was included in the sale to Carl Linder, then the sale to Paramount, then the sale to Cedar Fair. But, I guess at this point, what’s the point in spending the money tearing it down? It’s hidden away from view inside the fort, and it gives the park a nice bit of folklore (not to mention you guys a fun topic for your podcast ) -
The only “competitors” Disney and Universal really think about are each other. SeaWorld (AKA United Parks), Merlin, Palace and Herschend will most likely see an opportunity to pick up some parks that the new Six Flags will want to sell to pay down some of the debt resulting from the merger.
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What If Paramount Still Owned Kings Island...
jzarley replied to kingsislandfan1972's topic in Kings Island
Of course, being a film’s distributor and having the theme park rights are two different things. With the exception of the most recent one, all of the Indiana Jones films were distributed by Paramount, but Disney still had the theme park attractions. The reason being is that Lucasfilm retained the theme park rights and licensed them to Disney. (Of course now Disney owns Lucasfilm outright). It’s unlikely Paramount would have been able to do anything with the Marvel IP in their parks because of the exclusive licensing (at least East of the Mississippi) that Marvel had granted to Universal. I’m pretty sure Captain America and Iron Man are part of those “core group” of characters covered by Universal’s licensing. On a related note, I think the only attraction where Paramount demonstrated their real potential was with Star Trek: The Experience in Vegas. That was a fantastic attraction for its time—a predecessor to the highly themed areas parks are doing today (Cars Land, Harry Potter, Star Wars, etc.). Everything done at the regional parks always felt half-assed—regardless of all the promises of the “most fabulous, fantastic, Hollywoodized attraction ever” with each new attraction’s announcement each year. -
What If Paramount Still Owned Kings Island...
jzarley replied to kingsislandfan1972's topic in Kings Island
Exactly! At this point what is currently Viacom/Paramount very well may be carved off and sold off in pieces -
Six Flags and Cedar Fair Merge
jzarley replied to IndyGuy4KI's topic in Kings Island Central Newsroom
It’s not unusual in these types of mergers/acquisitions to sell off some of the remaining assets after the close of the sale to avoid market duplication, or (more importantly) pay down some of the assumed debt. Has there been any speculative conversation here about which parks we think could be up for grabs? I have to assume they’ll do everything possible to keep the “marquee” parks (KI, Knotts, CP, Wonderland, SFMM, etc.) under the new SF umbrella, but there’s still a lot of others that could possibly be sold to help pay down debt. Of course, to sell something you also have to have a buyer—I’m assuming both SeaWorld (excuse me—United Parks & Resorts) and Merlin would both be in the market to acquire some parks (I’ve worked for both, so feel pretty comfortable in that prediction), and also think Palace Entertainment would be in the mix. I think potential buyers will relate directly to what is offered for sale. For instance, I don’t see SeaWorld or Merlin having a lot of interest in Michigan’s Adventure, but that park does seem like a good match for Palace. On the other hand, SF Fiesta Texas could be a good match for SeaWorld (ahem, UNITED) since there could be economies of scale for a market where they’re already operating a park. Just some random speculation (but it’s always fun to speculate ) -
I have a preview ride scheduled on 6/23. It has honestly been so long since I had ridden Splash Mountain (I tend to skip the water rides—I hate to get wet then walk around the park ) that I really can’t remember any of the detail, so this will almost feel like a completely new ride for me. (Until I watched the POV, I did not recall the original ride time being so long—but it obviously was.)
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That could be a great theme—and one of the reasons why the area I’m looking most forward to at Epic Universe is the Dark Universe classic monsters area.
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Epcot Flower & Garden Festival, Seaworld Orlando. 3/5 - 3/09
jzarley replied to Tr0y's topic in Trip Reports
I’ve been meaning to catch an Orlando Solar Bears game myself, but have just never gotten around to it. I’m glad to hear you found it a fun time. I used to love the minor league Columbus Chill games at the (awful) old fairgrounds arena—it was small and cheap and a very good time. I like Blue Jackets games too…but they don’t have that old feel of the Chill games. -
Six Flags and Cedar Fair Merge
jzarley replied to IndyGuy4KI's topic in Kings Island Central Newsroom
I worked with Joel Manby when he was CEO at SeaWorld (we bonded over sharing the same first name ). Joel is a pretty good guy himself—one of the best CEOs I’ve ever worked for. -
Six Flags and Cedar Fair Merge
jzarley replied to IndyGuy4KI's topic in Kings Island Central Newsroom
Herschend is also not a public company, which really impacts how a board has to approach things like ROIC, revenue and cost structures. Look at the difference between BEC and the standalone (and public) SeaWorld/Busch parks. -
New Director of Communications - Chad Showalter
jzarley replied to IndyGuy4KI's topic in Kings Island Central Newsroom
I haven’t heard of an actual NDA per say, but it’s not unusual for there to be some sort of separation agreement in place—especially if there’s some sort of stock equity, vested LTI or other separation payment involved. For example, when I left SeaWorld I had a one year non-compete (meaning I could work for no one that SEAS considered a core competitor for a year after leaving—which was pretty much every theme park company) and a 2-year non-solicitation (meaning I wouldn’t recruit ay of their employees) and non-disparagement agreement. I honored all of those. I didn’t work for the next theme park company until six weeks or so after my one-year expired, and I’ve never had a reason to disparage the company—I still like and respect the people I worked with there. -
Six Flags and Cedar Fair Merge
jzarley replied to IndyGuy4KI's topic in Kings Island Central Newsroom
Is it SF owned/developed or is it owned by a 3rd party that is licensing the Six Flags name? The new SeaWorld “park” (most of it is indoors) in Abu Dhabi is like that—a third party built, owns and operates it, but SEAS licensed their brand and provided consulting during development. If that’s the same scenario in Qiddiya there’s probably no reason for it not to move forward with the merger -
Six Flags and Cedar Fair Merge
jzarley replied to IndyGuy4KI's topic in Kings Island Central Newsroom
I think it is really difficult now to keep a kids’ area that is relevant and constantly popular today. There are so many sources of content that the current “big thing” is frequently changing. Right now I think Bluey is the in thing for the preschool demo (unless he’s been replaced by something newer now too), a few years ago it was Peppa Pig, before that something else. The earlier IP (HB, Looney Tunes, etc.) was able to stay relevant a lot longer because there weren’t limitless replacements from hundreds of sources constantly in the pipeline. I’m not sure how the DC IP agreement with Six Flags is structured, but typically these IP agreements are not “blanket” (meaning you can’t use the IP as much as you want, anyway you want)—instead it’s typically by individual use case. If that’s the case here, would it make financial sense to convert The Bat to Batman if there’s an incremental IP cost (plus the capital cost of converting the ride) involved? I’m not sure the cost of a change like that would result in a revenue boost that would justify it (especially once people realized “oh, it’s still just Top Gun” ;-))