DegenRider Posted August 8, 2003 Share Posted August 8, 2003 I have been hearing this rumor for a few days now. Then again the SF disney rumor was baseless. I have actually heard a few people be worried. I've been hearing about it for the last few days, and apparently they have been after PKI for a while I know, but it actually had some people worried in the park but it's very consistent between all the departments and all of the sups Thats just some of the murmurs I heard what do you think? Quote Link to comment Share on other sites More sharing options...
Tanner Posted August 8, 2003 Share Posted August 8, 2003 What do we think? Here's what you'll get from pretty much everyone: "That's bull****!" Quote Link to comment Share on other sites More sharing options...
italianchef Posted August 8, 2003 Share Posted August 8, 2003 I concur with Mr. Tanner on this one. It is extremely unlikely that Cedar Fair will purchase PKI. Quote Link to comment Share on other sites More sharing options...
DragonLord Posted August 8, 2003 Share Posted August 8, 2003 It's something that has come up before, although I'm not sure what the deal is with it... I've heard a ton of things about CF trying to buy other Paramount Parks and what not, and that they have been trying to get PKI for a while. Who knows... I don't get the Viacom financial statements anymore b/c I don't own any stock in them anymore, but I would be looking at that to see if the Paramount Parks division is making money that they need. Quote Link to comment Share on other sites More sharing options...
BoddaH1994 Posted August 8, 2003 Share Posted August 8, 2003 Even if they didn't make an amazing amount of money off of the park, they still have invested a lot of time and money into it. I really doubt they're looking to sell. Quote Link to comment Share on other sites More sharing options...
Elder Panther Posted August 8, 2003 Share Posted August 8, 2003 PKI is the premier Paramount Park with PKD in a close second. Without those two parks, Paramount basically has nothing. Quote Link to comment Share on other sites More sharing options...
murphz Posted August 8, 2003 Share Posted August 8, 2003 i doubt PKI would sell. CF would have to offer many years worth of KI's profit for them to do anything even possibly. They make money every year, why give it up for 1 payment. Also, all that time and effort and CP would probably have to rename and retheme rides of paramount theme Quote Link to comment Share on other sites More sharing options...
SixFlagsMasta Posted August 8, 2003 Share Posted August 8, 2003 yea, if disney bought SF then that would suck. if CF bought PP then that also would suck. they just need to keep it like it is. Quote Link to comment Share on other sites More sharing options...
murphz Posted August 8, 2003 Share Posted August 8, 2003 well, if CF bought PKI i personally think it would own. CF would change it to complete coasters, not family park. Thats good for me Quote Link to comment Share on other sites More sharing options...
Captain Picard Posted August 8, 2003 Share Posted August 8, 2003 PKI is part of the Viacom Entertainment Group. CF does not have the money to buy it. If CF had the money and wanted to buy a park don't you think they would be looking at Universal, the park that is for sale. Quote Link to comment Share on other sites More sharing options...
7D Rules Posted August 8, 2003 Share Posted August 8, 2003 I've heard this rumor as well. Don't know how much truth there is to it though. I could see CP trying to buy PKI before Universal. PKI is their competition. What's so unusual about some company wanting to buy out the competition? Plus, look at what it would do for them. They would get another year round park, PGA, they would get two great parks in PKI and PKD. I don't think they would necessarily turn it into a coaster park either. PKI already has a great collection of coasters. They need a few more of a different variety is all. Plus, they would be gaining a park with the best kids' area. Maybe CP could take a hint from PKI on that one. CP's kids' area is not very good at all. Quote Link to comment Share on other sites More sharing options...
Solid Snake Posted August 8, 2003 Share Posted August 8, 2003 I've heard this rumor as well. Don't know how much truth there is to it though. I could see CP trying to buy PKI before Universal. PKI is their competition. What's so unusual about some company wanting to buy out the competition? Not that unusual. Plus, look at what it would do for them. They would get another year round park, PGA, they would get two great parks in PKI and PKD. I don't think they would necessarily turn it into a coaster park either. Couldm't they just buy out the one park, not the whole franchise? PKI already has a great collection of coasters. Yeah.... no they don't. Plus, they would be gaining a park with the best kids' area. Maybe CP could take a hint from PKI on that one. CP's kids' area is not very good at all. Or not, why would you change either one? They both work and having two of the same kind of park less than a few hours a way isn't good business. Quote Link to comment Share on other sites More sharing options...
Aaron Posted August 8, 2003 Share Posted August 8, 2003 well, if CF bought PKI i personally think it would own. CF would change it to complete coasters, not family park. Thats good for me Sure that sounds good to you, but to the park's income that's basically a stab in the back. I really don't want to make my usual "PKI is doing the right thing by attracting the whole family" speach, so I'll just sum it up... When you have rides that attract people of all ages, that's a wider age group of people to come to the park (families spend much more money in the park than a tipical adult or teenager would). When you decide to just add coaster after coaster you just attract teens and coaster enthusiasts. A large selection of different rides for all ages = more $$$. Just add coasters to attract one age group = not so good $$$. Just look at Delirium for example, a $2 million ride (that's what I remember, I may be wrong) that attracts MANY people, and frankly, it's probably the best ride in the whole park. Or you could just add a $8 million coaster and get the same effect, but you do not get as much money in return. You have to remember that PKI is a BUSINESS, and BUSINESSES are out to make MONEY. Quote Link to comment Share on other sites More sharing options...
italianchef Posted August 8, 2003 Share Posted August 8, 2003 [Just look at Delirium for example, a $2 million ride (that's what I remember, I may be wrong) that attracts MANY people, and frankly, it's probably the best ride in the whole park. Or you could just add a $8 million coaster and get the same effect, but you do not get as much money in return. You have to remember that PKI is a BUSINESS, and BUSINESSES are out to make MONEY. Amen Brother Aaron! Quote Link to comment Share on other sites More sharing options...
7D Rules Posted August 8, 2003 Share Posted August 8, 2003 I'm not sure that you could just buy PKI. Don't know the legal part of that one. What makes you, Snake, think that they don't have a good collection of coasters? You've got Beast and SOB, two of the best wooden coasters around, Face/OFF, FOF, Top Gun, Vortex, and believe it or not, I think that Rugrats Runaway Reptar is actually pretty fun too. They just need to expand on their variety. You guys don't think that CP attracts kids? You couldn't be more wrong. Quote Link to comment Share on other sites More sharing options...
Aaron Posted August 8, 2003 Share Posted August 8, 2003 When did we say that CP doesn't attract kids? All I said was that PKI attracts a larger age group with their variety of rides than does CP. CP's flat-ride collection is lousy IMO, and if it wasn't for their record-breaking coasters (that aren't open half of the time), the park would be no where. PKI doesn't have to have record breaking coasters to be an outstanding park. Quote Link to comment Share on other sites More sharing options...
7D Rules Posted August 8, 2003 Share Posted August 8, 2003 What record-breaking coasters are you referring to? TTD? The only one I can think of. At least they try to push the envelope with new technology, which is more than I can say for PKI. Quote Link to comment Share on other sites More sharing options...
IcarusLives Posted August 8, 2003 Share Posted August 8, 2003 I am sure if Viacom decided to sell their parks, they would sell all of their parks. The park divisions of entertainment companies (Vivendi/Universal and Paramount) do not not contribute a lot of revenue when compared to their other divisions. Now if for some reason, Viacom did want to sell the parks, CF may be the only company who would want them. Look at how much trouble Vivendi is having selling the Universal entertainment division. Everybody wants the music, television and movie parts but they do want the parks, which Vivendi is insisting is part of the package. But honestly, I don't think CF would want them at this point. They seem more interested in developing their smaller parks (MI Adventure, Valleyfair) into stronger players. Taking over PKI and the others would take their focus off that and they would end up as just being another Six Flags. And nobody wants that. Quote Link to comment Share on other sites More sharing options...
IcarusLives Posted August 8, 2003 Share Posted August 8, 2003 Also look at any financial web site and you can see that buying five parks is the farthest thing from Cedar Fair's mind (NYSE: FUN). I am sure their shareholders would not be happy if they decided to go on a spending spree when stock price is down and shows no signs of recovery. Quote Link to comment Share on other sites More sharing options...
Solid Snake Posted August 8, 2003 Share Posted August 8, 2003 Or you could just add a $8 million coaster and get the same effect, but you do not get as much money in return. You have to remember that PKI is a BUSINESS, and BUSINESSES are out to make MONEY. Wrong. Look, if you get a good 8 million dollar coaster you get much more in return. Look at CP. They got "Milli" right. It is a big draw or was a big draw. More people came to the park, I guess, plus it drew many t.v. deals. Now I dunno how them t.v. deals work. Maybe CP got money from the t.v. deals or vise versa but either way that is even more publicity. You can't tell me that CP doesn't have a higher attendance rate than King's Island. Quote Link to comment Share on other sites More sharing options...
murphz Posted August 8, 2003 Share Posted August 8, 2003 all their coasters are 99% open except TTD, and TTD is a new ride and has hydrolic contaminent, TR:TR had problems too, and even Delirium had a piece of floor getting stuck. Over the winter it will be fixed. Dont try and diss CP, you cant convince any coaster lover KI is better Quote Link to comment Share on other sites More sharing options...
RyanA Posted August 8, 2003 Share Posted August 8, 2003 (edited) I'm a coaster lover. I like PKI better. But CP is still better for coasters. About the attendance thing, I'm pretty sure PKI had better attendance last year than CP. This year CP's ahead, but that's no shock with dragster. We're right behind them though. Edited January 1, 1970 by RyanA Quote Link to comment Share on other sites More sharing options...
Aaron Posted August 9, 2003 Share Posted August 9, 2003 You can't tell me that CP doesn't have a higher attendance rate than King's Island. Actually I can tell you that in the past few years PKI has consistantly beat out CP in attendance figures. If you don't believe me, you might want to give THIS a look over. Quote Link to comment Share on other sites More sharing options...
Aaron Posted August 9, 2003 Share Posted August 9, 2003 What record-breaking coasters are you referring to? TTD? The only one I can think of. At least they try to push the envelope with new technology, which is more than I can say for PKI. The record breaking coasters that CP has built to break records (that doesn't mean that they still are breaking records) include: TTD, Millennium Force, Gemini, Magnum, Mean Streak, Mantis, Raptor, Wicked Twister... those are just off of the top of my head, if anyone has more please feel free to add on to my list. Quote Link to comment Share on other sites More sharing options...
Solid Snake Posted August 9, 2003 Share Posted August 9, 2003 Actually I can tell you that in the past few years PKI has consistantly beat out CP in attendance figures. If you don't believe me, you might want to give THIS a look over. Would King's Island being located less than an hour away from two of Ohio's major cities have anything to do with that? Oh, what record did Wicked Twister break? Quote Link to comment Share on other sites More sharing options...
mars1825 Posted August 9, 2003 Share Posted August 9, 2003 Oh, what record did Wicked Twister break? Tallest, fastest, and only "double-twisting" impulse coaster. Quote Link to comment Share on other sites More sharing options...
CoasterKrazy Posted August 9, 2003 Share Posted August 9, 2003 When did we say that CP doesn't attract kids? All I said was that PKI attracts a larger age group with their variety of rides than does CP. CP's flat-ride collection is lousy IMO, and if it wasn't for their record-breaking coasters (that aren't open half of the time), the park would be no where. PKI doesn't have to have record breaking coasters to be an outstanding park. Cedar Point is known for having all of its rides operating all of the time. Jeff from Guide To The Point has mentioned several times that Cedar Point has had a 96 percent up-time in past seasons. That includes their record breakers. And if you take out the major coasters at any park, including Paramount's Kings Island, they're going to be in trouble. Some more-so than others, but if we wake up tomorrow morning to hear that "In an astonishing press release, Paramount's Kings Island has announced that they will be removing the following roller coasters from the park: The Beast, Son of Beast, Flight of Fear, and Vortex," you can bet that there would be a major drop in attendance. Not to mention the tons of hate mail the park would receive. Quote Link to comment Share on other sites More sharing options...
Aaron Posted August 9, 2003 Share Posted August 9, 2003 It seems as if everyone is mis-interpreting my posts. I am not at all against PKI getting a major coaster, in fact, I can't wait for our next one. All I am saying is that PKI is very wise in having a well rounded line-up of attractions that appeal to all ages instead of just having a bunch of major coasters. Coasters will always be the kings of amusement parks, and amusement parks would not be the same without them. But just because coasters are king doesn't mean that every addition has to be a coaster. Quote Link to comment Share on other sites More sharing options...
RiSK Posted August 9, 2003 Share Posted August 9, 2003 Why do these threads ALWAYS turn into a CP vs PKI thread?!?!?!?! STOP!!!!!! ITS BEEN TALKED ABOUT!!! THEY BOTH HAVE GOOD AND BAD POINTS!!! EVERYONE HAS THEIR OWN OPINIONS!!! ... almost wants to make me stop coming to these forums. Quote Link to comment Share on other sites More sharing options...
italianchef Posted August 9, 2003 Share Posted August 9, 2003 (edited) What if CF did wish to purchase PKI with its almost 800 acres of land and many physical structures......what does everyone think the minimum asking price would be? Edited January 1, 1970 by beastfreak Quote Link to comment Share on other sites More sharing options...
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