BREAKING: Cedar Fair & Six Flags Have MERGED! What’s Next?
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- Опубліковано 1 жов 2024
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Your name finally happened!!!
Oh shit you're right! Now we know who to thank/blame at least 🤣
LOL
The Cedar Flags is REAL
It’s canon?!?
Watch it end up as
six fair
Old news, Cedar Flags has been a thing for years now.
no but like now its actually one company not two
@@gabbyisyogirl69 I hope the joke didn’t fly over your head
@@Stagnant_Gravy It kinda did can u explain?
@myrobloxusernameisgabbyvu5044 😳obviously not a subscriber!!!
@@gabbyisyogirl69 the name of the youtube channel is cedar flags!
They are dubbing it a "merger of equals" but given how they are structuring the leadership, its clear that cf will be one at the helm(which is a great thing). Hopefully Six flags returns to its former glory that we all know and love from the eighties and early nineties.
I hope this is true. I hope the merger is happening because SF recognized that it wasn’t working and they need help.
Yes, but Six Flags is more bullish with Intamin/RMC, so hopefully Cedar Fair gets off their high horse and goes back to building elite tier coasters from elite tier manufacturers. B&M has great diversity and capacity and reliability but they don't make S-tier roller coasters. B&M's best (i.e. Fury 325) are A-tier at best, not S-tier; as an enthusiast.
@@jandrew1994Fury is S tier if I’ve ever seen one.
Sixflags CEO will be executive chairman of the board, which is higher than the CEO.
@nellj9495 the board of directors runs the shots overall, they are the ones that work pretty much in the interest of the shareholders and are in charge that the company remains profitable to the sharholder. If they want they can fire the ceo at any time(which has been done). Zimmerman has done a good job at running cf in my opinion and is better suited for ceo and for the day to day operations of the chain. Selim is more of a numbers guy and i think is better suited to be on the board of directors. Im still in shock with the new though. Right now the top priority is getting the combined company into a positive financial standing for those sharholders not getting the flashiet coaster for the general public. Those will come in time, but the logistics of this merger is going to take time and both sides have their work cut out to them.
I hope that Cedar Fair parks don't get "Six Flags" added to them. "Six Flags Cedar Point" simply doesn't sound right.
They've already confirmed that this won't happen.
That won't happen. Instead, I could see them labeling parks like this: "Cedar Point, a Six Flags Park"
@KirbyVacuumCollectorFixer I would rather ride an SLC then to see cedar point dawn that
This is great and kinda scary at the same time, competition forces good change and while theres still some competition there's a lot less than before.
Very true
There is still plenty of competition with Sea World, Busch Gardens, Disney, Universal. Competition is great but when one company is struggling and has an unclear future then merging with another company can be a great way to revitalize it.
@@markn866 Yeah I didn't say there wasn't any but there's certainly not nearly as much
@@markn866 Nowadays it's less "competition of the Amusement Parks" and more "amusement vs theme".
Dude they’re stealing your Thunder. Like YOU did the cedar flags thing first
Jk but it’s funny
Awww CRAP!!! Did NOT want this at all.
Your channel name aged like fine wine.
You should’ve patented your name!
My predictions:
RMC and Intamin will not get new work from this for a while
Operations will stay similar at each park since park presidents and managers are probably a big factor in that
Eventually they will close probably 3-5 of the worst performing parks (probably majority former SF parks) and relocate their good rides to the underperforming parks that are staying
Prices will go up across the board over the next 5 years
The only cedar fair park that will close is cga
My worries is just what you said at the end. Example Dorney is a hop skip and jump away from Great Adventure. As we know, Great Adventure is the dominant park and Dorney is very small. I would be personally devastated if Dorney park closes in the future. Dorney park is one of the oldest amusement parks in the country that is still operating. It would be very sad to see that part of history close. Dorney may not be the best park out there but, it is small and has a charm to it. Great place to go if your not in the mood to deal with the mega crowds of Great Adventure or Hersheypark, but want to just go and ride the coasters over and over again
I understand the personal attachment but I don't think a company should be forced to keep a park that it no longer wants in its portfolio. Would you like to be forced to keep something at an ongoing loss just to appease the feelings of others?
@markn866 I think it'd be a neat idea, for the parks that are really close to each other after the merger, to have some kind of tram or shuttle system between the parks so that way you can go to both parks in the same day without having to drive around.
Where would iron menace go? They literally are just getting that
@@darealsavage3472bingo. Dorney isn't going anywhere 😊
Channel name is canon now!
The *ONLY* way I'd support this merger is if the parks under Six Flags and Cedar Fair that have not received any meaningful attention or investment were sold off. Otherwise, I fear this could create a de-facto monopoly on the amusement park industry that only Disney and Universal would be able to compete with.
There is Busch Gardens and Sea World than the Herschend Family parks plus Hershey Park. This merger could be good, bad or in-between.
Those "lesser" parks could likely be bought by developers that want to tear down the parks. I.E. Michigans Adventure I cannot see any company or person saving if sold. And Cedar Fair loses CGA soon anyways so. They'll still have a ton of huge parks. I fear a monopoly but its too early to call anything imo
I don't see a de-facto monopoly at all, lets not abuse words here. Sea World, Disney, and Universal exist in the same arena. Also I don't see the downside if this merger provides more stability to continue to keep both Cedar Fair and Six Flags parks open and operating.
Cedar Fair and Six Flags as far as major chains are below most of the others in terms of earnings.
Just because they have more parks doesn’t mean they own a monopoly.
@@ItsSiebay Theme parks and amusement parks are different though. It could be considered an amusement park monopoly, or close to it.
Your name now suddenly makes sense. You PREDICTED THIS! Clearly. XD
Your the king 👑 take your place
I’m curious why Cedar Fair slowly started with the Super Loops and Free Spins was that something
I don’t expect anything bad the names won’t change and we won’t have to worry about a modern Geauga Lake I’m sure
Well CGA is done but it was done before this but this will definitely speed up the shutdown. We may see some of the bad rides at SFDK (cough Kong cough) get replaced by some of the better rides at CGA
Geauga Lake was the first thing that came to mind
I’m interested about what will happen with the two least liked parks Michigans Adventure and La Ronde
I'm 30 and wealthy enough myself to buy MI Adventure myself with my wife Miranda (she's from Grand Rapids and it's our home park) and turn it into the best independent park in the country, even better than Hersheypark, and possibly better than Cedar Point. We will work with the top manufacturers to build the most elite coasters possible. We can literally self fund a top tier RMC, Intamin, B&M, build a couple nice restaurants with Michigan-themed food, indoor-outdoor hybrid water park, and some awesome Michigan-themed shows that the GP will love. It's definitely something near and dear to our hearts and something we will consider. We would make Muskegon a destination by the lake, not an afterthought way up US-31.
Even if we lost money in the business venture... spending about 50-60M up front and never really recouping the cost... it'd be totally worth it because we love amusement parks more than we love our money. And most of all, we love Michigan and Michiganders, and feel that, while CP is amazing and parks like KI are great, the anti-Michigan, OSU-loving, Ohio-based CF/SF company(ies) have shafted us for far too long.
Hopefully la Ronde closes and Goliath is relocated to another park
@@darealsavage3472I call dibs on their Batclone.
@@darealsavage3472I think La Ronde could be the park that profits the most from that deal actually, with Cedar fair style operations and 1-2 new coasters it would be a decent park
You have the perfect name for this merger. 😂
The "Cedar Flags" username has to be GOATed on this day, November 1-2, 2023.
They're calling it Six Flags?! That's like RC Cola and Coca Cola merging and keeping the name RC Cola. Big mistake.
The reason for this is that Six Flags is the much more recognizable name out of the two. Cedar Fair has no parks with the name "Cedar Fair", while Six Flags has their name on almost all of their parks. The sad truth is that Six Flags is simply much more recognizable by the general public.
i think they should change their name to "cedar flags" like ur channel
Please more help to magic mountain ride operations and maintenance 🙏✨🕯
Six Fair Cedar Flags
I’ve been part of one of these type of mergers in the past, when the two dominant companies in the field come together and let me tell you, it’s a “merger” in name only. One company isn’t buying the other, but one’s company influence will be far more prevalent than the other moving forward.
With how this is being structured, Cedar Fair is likely going to be taking more of a charge in how this goes with the CEO of CF being the President of the whole shebang. They use the more recognizable Six Flags name to operate, but CF’s business model will be the one applied. This whole thing puts a little more light as to why Six Flags has been changing course over the last eighteen months on their model… this has likely been in the works and Six Flags was starting to align more with Cedar Fair’s model.
You are 100% correct. Two things stand out here; it's CF's CEO and they are putting the headquarters in Charlotte. If there are any carryover Six Flag's executives, they will eventually leave the company. Everyone who thinks superhero IPs are going to part of this new company are going to be disappointed. They are going to dump those as soon as they can to cut costs. CF has proven they are not needed.
I sure hope it stays that way, best outcome is the lesser six flags parks get “brought up to par” and hopefully the parks that are already great won’t suffer.
Look again at who is going where. Selim from 6flags is the executive chair which is the highest position with the chief executives from Cedar.
@@rantanamo That is true, but his role is to protect the shareholders investment, and to maximize their profits. In most cases they don't get involved in the decision making. That responsibility goes to the CEO and CFO. If money is not made then yes, Selim can fire Zimmerman. When investors insert themselves in the operations it causes chaos. And in most cases when they do this, they are trying to force the sale of the company.
@@Cap-ku6okI think Cedar Fair will probably be effectively in charge, but I don’t think they’ll drop the DC licensing, they specifically called it out as a strength of Six Flags. At most they’ll avoid bringing it to Cedar Fair parks
I guess they’re gonna trademark your channel name🤣🤣🤣
Cedar flags is canon now?!?!?!?!?
So, with this merger, maybe Six Flags can now start properly maintaining their parks and not let them be so run down. Looking at you Magic Mountain.
You were right since the beginning
You better trademark your channel name lol
HAHA! YES! I was waiting for you to cover this!
Your channel was the first one I thought of when this was announced and for an obvious reason. Maybe you should trademark your channel name before they start getting any funny ideas.
Wow you knew all this time CEDARFLAGS4EVA
Kiss Cedar point goodbye. I’ll probably change it to six flags. They’ll tear that park apart.
Bro what if they get named cedar flags YOU WOULD HAVE TO CHANGE YOUR CHANEL NAME
Don't call it Cedar Flags. The name of this company will be called Six Flags.
My question is: will this new company be willing to work with Gerstlauer as Six Flags had their beef whilst Cedar Fair still works with them?
Your goal is over, rest now, my friend.
the cedar flags is real
You knew it all along
disney and universal are on call
along with seasworlds parks
and busch gardens is in trouble
You're gonna have to change your username to Six Flags now.
Congrats, your channel name is GOLDEN!!!
He had insider information years ago because of his name. Haha
You manifested this with your name
Created it 9 years ago🤷🏻
Your username was a prophecy all along.
I think it’s soooo smart geographically they were not rivals at all so it will just make all the parks bigger and better. So it totally makes sense
You must have insider info considering your channel name 😂
Cedar Flags predicted "Cedar Flags"...
For rhe big six flags park it will be a good thing, this is rhe only chance at gwtting a gigga, for the smaller parks RIP
Your channel's name finally became a reality!
I would die if they made you change your name 😭😭🤣
nah they should have called themselves cedar flags
This is literally the last thing I was expecting to hear today...
Intamin Status? Park Closings? Geauga Lake was once my home park 🤷♂️🤦♂️
I really, really hope Intamins stay
Your name foretold the future you are now a god
I’m only just seeing the headlines. Not “one of the biggest stories” in the amusement park world. This is THE biggest amusement park world story in our lifetime.
Until somebody buys Disney.
more classic family flat rides and very intense thrill rides
from both companies,
most likely european flats
your channel is acurate bro
While this isn't a literal amusement-park monopoly, I think it is anticompetitive, and were I the FTC I would be looking at it with disapproval. Six Flags and Cedar Fair have a whole tier of downmarket/midmarket big thrill parks largely divided up between them. There are regional markets where all the major parks will be owned by one company because of this merger. And I suspect a bunch of underperforming parks' demise is going to be sped up by this. Whenever there's a big merger like this, one of the consequences is a lot of stuff just getting shut down or cast off.
In my area, the only park owned by either company is Six Flags New England, so I'd expect the merger to have little effect and whatever it does have might be positive. But that's not going to be the case everywhere.
This might mean that Palace finally puts some work into adding to Lake Compounce.
C'mon Nick, get it right:
"Selim Bassoul, President and Chief Executive Officer of Six Flags, will serve as Executive Chairman of the combined company’s Board of Directors. Brian Witherow, Chief Financial Officer of Cedar Fair, will serve as Chief Financial Officer of the combined company and Gary Mick, CFO of Six Flags, will serve as Chief Integration Officer of the combined company."
Your name was way ahead of the game
Your name is so fitting now 😂
having this happen and your name being cedar flags is a crazy coincidence haha
Maybe some cool ride rotation s???? And maybe a huge season pass program
One pass to rule them all??????
Cedar Fair and Six Flags Merger on Thursday November 2, 2023 6AM Disaster and Downfall and Chapter 11 Bankrupting For Both Parks Chain in the Future and Bad News for the Future Amusement Park and Theme Park Industrial in the World and Worth For Cedar Fair Parks Chain in USA 🇺🇲 and Canada 🇨🇦 in the Future and Doomed Cedar Fair Parks Chain in USA 🇺🇲 and Canada 🇨🇦 in the Future with Six Flags Merger.
Cedar Fair and Six Flags Merger End Up with Like Geauga Lake EST. 1887-2007 in Aurora, Ohio USA 🇺🇲 42 Parks in the Future of the Chain of Cedar Fair and Six Flags Merger.
I would actually like some of Six Flags ride clones at the smaller Cedar Fair parks. A Batman invert or an S&S Free Spin would be welcome there.
Worried about them as well, the bottom Cedar Fair parks could get cut especially Michigan as mergers do see some cuts
Hopefully not
Bye Bye Good Bye Snoopy The Peanuts Gang Mascot Characters at Cedar Fair Parks Chain in USA 🇺🇲 and Canada 🇨🇦 By Six Flags Parks Chain in USA 🇺🇲 and Canada 🇨🇦 and Mexico 🇲🇽 in the Future.
Do you think they will change cedar point to six flags cedar point.
Randy West a Cedar Fair Fan and Merger on Thursday November 2, 2023 Whort Day My Life and Lifetime and Broke My Heart and Randy West Feel Sorry for 11 Cedar Fair Parks Chain in USA and Canada 🇨🇦 and Randy West Feel Sorry for Snoopy and The Peanuts Gang Mascot Characters at 11 Cedar Fair Parks Chain in USA 🇺🇲 and Canada 🇨🇦 and Randy West Brith Year 1983 Same Year Cedar Fair Business Since 1983 and Randy West a Cedar Point Season Pass Passholder Since 2003 in Sandusky, Ohio USA 🇺🇲.
I’m pissed
Randy West Lost and Will Out Cedar Fair Name on the Company and Randy West Lost and Will Out Snoopy Plush Tag on Back Want Keep it Cedar Fair.
Randy West Only Name I Now Cedar Fair and Randy West Seen Six Flags Name a Company Not Coming Back to the Park to Cedar Fair Parks Chain in USA 🇺🇲 and Canada 🇨🇦 and Randy West a Cedar Fair Fan and a Cedar Point Passholder Since 2003 and Not a Six Flags Fan.
When people bringing up the possibility of Six Flags getting big B&M’s, I always scratch my head. I dunno if it’s from living in the north east or having been to SFGAm and MM. I guess for the smaller Six Flags? There is a glut of B&M in NJ. I happen to prefer their collection better than the one in Sandusky. I’m just not a bigger is better type of enthusiast.
Now what’s next, b&m and Intamin joining each other. I never believe this would ever happen. Mind blown
I just can’t stop thinking of Cedar Flags now 😂🥴 they should go with that 🤷🏻♂️
1 of 2 things will happen here. Either Six Flags will get better or Cedar Fair will go to shit. Either way prices will go through the effin roof, just watch. Very disappointed!
I don't care what they're called, just get SFoG ride operations faster, run multiple trains, speed up food lines, and keep the park clean and I'll be happy.
but what does that mean for Bugs Bunny and Snoopy? are they gonna Co-exist with each other at the parks or is one gonna replace the other?
At least for now…nothing. It sounds like they want to keep the IPs separate. But long term worries me.
@gregg5958 hmm maybe they don't need them anymore and want to use their own original Characters
Hopefully it'll mean Astroworld will come back to Houston.
the small parks like six flags st louis may become obsolete and end up like six flags astro world and new orleans, out of business. I have had season pass and memberships with the st. louis park when I was a kid, still go to the park, but it doesn't get the attention, like Great Adventure, Great America, Magic Mountain or even Cedar Point, Kings Island, Kings Dominion, Worlds of Fun or even Silver Dollar City
Silver Dollar City is not owned by either Cedar Fair or Six Flags, it is owned by the Herschend Family.
I could see Six Flags St. Louis and/or Worlds of Fun, Michigan's Adventure, Valleyfair, Frontier City, Great Escape, Dorney Park, Darien Lake and Six Flags America being in some danger. And of course California's Great America is probably already doomed.
might as well sell it to Herschend,, or six flags st louis will become just like astroworld or New Orleans, obsolete
I can already say, I don’t like that six flags will essentially be in charge of the spending because let’s face it, they’re cheap!
They can finally give some funding to MDs six flags then they need a RMC BAD
Yea I was wondering what they'll offer you for your name. Lol 👍
Seaworld is absolutely screwed. The only parks that stand a chance now are the ones in Florida and that is saying something.
Maybe SeaWorld can innovate to become a destination rather than regional chain again.
Maybe throughout the rest of the country but I doubt anything will change for the Seaworld parks here in Florida. Cedar Fair and Six Flags don't exist here, and Seaworld Orlando and Busch Gardens Tampa are great parks that are getting attractions added all the time, and from my last visits a few weeks ago, still have a ton of clientele. I can however see how the Seaworld in both San Diego and San Antonio could suffer though, as they each are much closer to Cedar Fair/Six Flags parks.
I kind of doubt this hurts their competition that much. If anything, it might lead to some of the weaker SF or CF parks getting shut down, which could increase their gate numbers (e.g. if Six Flags America went away it would be one less park in the area for Busch Gardens Williamsburg to compete with, even if Kings Dominion is still going strong). They might have to step it up if the merged company comes out healthy and plussing their parks.
@@fabiangomez845 Not sure how SeaWorld San Antonio is going to suffer, if anything it’ll give them more incentive to be the only Orlando-quality park in Texas.
U couldnt have picked a more perfect name for your channel Now lol
This is great. Six flags has not been doing well as a whole. Eventually leading to a buy out anyways.
i just hope "cedar fair parks?" don't take on 6 flags opperations.
I’m glad my home park isn’t run by either. It’s going to be ugly.
I think the biggest takeaway here is that the HQ is moving ro Carowinds.
Your dream come true…CEDAR FLAGS
Six flags is dog water there have a hand full a good parks rest are mid
Competition is good for the consumer. No more coaster wars 😢
Smart decision. Smaller parks will benefit
Right now there are only questions and no answers. Only time will tell if this is a good thing or not.
if their goal is to "save money" there has to be some losers in this deal. Some smaller parks perhaps?
I heard saving $200 million?!
That might come from removing redundancy. For instance now there’s one CEO instead of two. Idk just a thought I don’t know exactly how this works.
I can’t foresee how this merger takes place and there not be some parks sold off.
I don't see them keeping the ERP Properties parks (SFDL, Frontier City, ect)
there about to be really upset they can't have this channel name. 🤣🤣
DING DING DING DING!!!