jzarley Posted April 17, 2005 Posted April 17, 2005 I saw this link to a Motley Fool article that mentioned (it's near the bottom of the article) that the rumor was now that Viacom had changed their mind about selling the parks. While I very seldom put a lot of faith into internet "gossip", this is a financial column written by an analyst who specializes in the theme park industry, so maybe it holds a little more weight... http://www.fool.com/News/mft/2005/mft05041401.htm Viacom did get a lot of bad press from the financial community (of all people), who seemed to think selling the parks was short-sighted, so maybe they've rethought it. (Of course, maybe the plan to split the company into two parts took care of the "park problem" as well...) On a totally unrelated note...does anyone remember PKI having such great weather on weekends in the early season? Hopefully this is a sign of a good weather Summer to come! (We deserve one!!) Joel
Captain Picard Posted April 17, 2005 Posted April 17, 2005 There will be a teleconference call Tuesday, April 19. We will have to see if anything is said then. It's good news to me if they keep them.
CoastersRZ Posted April 17, 2005 Posted April 17, 2005 Your decision to buy a season pass rested on whether or not Viacom was going to sell Paramount Parks? Also, while it does say that someonw wrote him stating that Viacom is no longer interested in selling the parks, I would hardly consider that as reliable. I still think it is a possibility that they will spin off the parks into their own entity, similar to Blockbuster, and use them to promote the Viacom properties with some sort of partnership deal. Only time will tell what happens!
Recommended Posts