DIRS.INFO The most relevant business & tech news

☆ These two amusement park giants just merged. Rollercoaster fans are nervous
▼ + stars: | 2024-07-06 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

New York CNN —Six Flags this week completed an $8 billion merger with rival Cedar Fair to create the largest amusement park operator in the United States. The success of the deal will determine the future of these amusement parks, and diehard rollercoaster fans are watching carefully. Many amusement park fans are passionate about the parks’ design and history and notice the smallest of changes. He also worries the “beautiful” Cedar Fair parks will lose their distinct identities and become more like Six Flags. Halloween has become a primary visiting time for theme park fans, and there could be changes to these events.

Persons: Knott's Berry, Allen J, ”, Bill Kneass, Kneass, they’re, Chris Miller, Stan, Gary Rhodes, Richard Zimmerman ., Selim Bassoul, Berry, Matt Kaiser, “, There’s, Dennis Speigel, Chris Woronka, Looney, Michael Musil Organizations: New, New York CNN, Flags, Cedar Fair, Los Angeles Times, Six Flags Entertainment Corp, Disney, Universal, Six, Fair, Six Flags, Kmart, Walmart, Facebook, Park, Deutsche Bank, Warner Bros, Discovery, DC Comics, CNN, Warner Bros . Locations: New York, United States, California, New Jersey, Sandusky , Ohio, Buena Park , California, Bay Village , Ohio

☆ Six Flags and Cedar Fair are merging
▼ + stars: | 2023-11-02 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Amusement parks Six Flags and Cedar Fair are merging in an $8 billion deal that creates a theme park powerhouse across North America. Six Flags and Cedar Fair operate in different parts of the North America, so a combined company could help them better manage seasonal dips in park attendance. In addition Cedar Point, its flagship theme park in Sandusky, Ohio, Cedar Fair owns Knott’s Berry Farm in California, Schlitterbahn water park in Texas and Canada’s Wonderland in Ontario. Cedar Fair said the combined company will allow management to ramp up investments in the parks, which should help boost demand. Cedar Fair (FUN) shareholders will get one share of stock of the newly combined company for each share owned, and Six Flags (SIX) shareholders will receive 0.58 shares for every share currently owned.

Persons: It’s Organizations: New, New York CNN, Amusement, Fair, Cedar Fair, Six, Comcast, Universal Studios, Disney, Walt Disney World, Universal Orlando, Flags Locations: New York, North America, Canada, Mexico, Sandusky , Ohio, California, Texas, Ontario, SeaWorld, Florida

☆ Climate change is hurting Six Flags, SeaWorld and Disney World
▼ + stars: | 2023-09-06 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +4 min

It’s the latest example of how extreme weather, exacerbated by climate change, impacted major North American attractions this summer. Extreme heat in Florida also disrupted attendance at Walt Disney World and Universal Orlando this summer. Theme parks are building indoor rides and changing ticket policies to respond to brutal weather conditions. Golding has lowered his estimates for the theme park industry because of growing risks from extreme weather. SeaWorld warns in its annual report to investors that extreme weather events could cause it to “incur significant costs.”“The series of extreme weather events experienced in recent years presents an alarming trend,” SeaWorld said.

Persons: ” Paul Golding, Golding, Brian Witherow, Cedar, James Forrester, Hurricane Ian, Gary Mick, Mick Organizations: New, New York CNN, Walt Disney World, Universal Orlando, Macquarie Research, Knott’s, SeaWorld, Flags, Wall Street Locations: New York, Nevada, SeaWorld, Southwest, California, Canada, Florida, Ontario, Knott’s Berry, Florida , Texas, Virginia, Northeast

☆ What it’s like to be a theme park designer
▼ + stars: | 2023-04-21 | by ( Kate Springer | ) edition.cnn.com time to read: +10 min

“Back then, it definitely wasn’t cool to be into theme parks, but I was obsessed,” Jeffs, 39, tells CNN. Jeffs points to the immersive “Pacific Rim: Shatterdome Strike” ride at Trans Studio Cibubur, part of Indonesia’s largest theme park chain, as an example. “When I was growing up, theme park design was often dismissed as a rinky-dink, second-class artistic discipline simply because it was rarely well done. “That first summer, we drove 10,000 miles and hit up virtually any theme park that had managed to re-open,” he says. Courtesy Taylor JeffsAnd though he’s ridden over 600 roller coasters and explored theme parks worldwide, Disneyland in California remains his all-time favorite park.

☆ The mall where Black Friday refuses to die
▼ + stars: | 2022-11-25 | by ( Alicia Wallace | ) edition.cnn.com time to read: +10 min

Black Friday serves as the kickoff of the holiday shopping season here, ever since mall officials decided seven years ago to close on Thanksgiving Day. Jamie Kelter Davis for CNNShoppers walk through the mall during the day. “This particular year is going to be a real test of the traditional Black Friday shopping mall experience,” he said. Jamie Kelter Davis for CNNThe 30th Black Friday at the ‘megamall’The Mall of America was America’s brand-new “megamall,” hosting its first-ever Black Friday on November 27, 1992. Jamie Kelter Davis for CNN

Search resuls for: "Knott’s"

5 mentions found