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(WHEEEE)   Six Flags on the verge of filing Chapter 11. Restructuring terms will force debt collectors to stand in a gigantic zig-zag line for hours, only to have the check printing machine break down when they're next in line   (nbcdfw.com) divider line
    More: Obvious  
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748 clicks; posted to Business » on 13 Mar 2009 at 12:07 PM (10 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



45 Comments     (+0 »)
 
 
2009-03-13 12:11:55 PM  
It all started going downhill once they got rid of Rolling Thunder. The final straw that broke their back was replacing Shockwave with the stupid Superman ride. Boo to them.

/Vertical Velocity is alright
 
2009-03-13 12:14:40 PM  
The value of their assets must be insane, they'll struggle to find buyers for the parks.

Maybe Rank or Merlin Entertainment would buy some
 
2009-03-13 12:15:57 PM  
"Six Flags is scheduled to open it's first park outside of North America in 2011, a 5 million-square-foot park in Dubai called Six Flags Dubailand."

The Suicide Bomber would be a good, and tasteless roller coaster name. It would also help if kevlar body armor weren't required at the Six Flags here in GA. Those things are expensive!
 
2009-03-13 12:18:33 PM  
Ah, Dan Snyder's golden touch strikes again.
 
2009-03-13 12:18:59 PM  
I've wondered for years how amusement parks stay in business at all -- how much of that $55 park ticket has to go DIRECTLY to liability insurance?
 
2009-03-13 12:20:14 PM  

MadAsshatter: The Suicide Evil Midnight Bomber would be a good, and tasteless roller coaster name.


FTFY

/what bombs at midnight
 
2009-03-13 12:28:43 PM  
Headline is soooo true
 
2009-03-13 12:34:17 PM  
Six flags parks are always nasty parks. (at least, the ones I have been to.)

I much prefer Busch Gardens and Cedar Fair parks
 
2009-03-13 12:35:28 PM  

Car_Ramrod: It all started going downhill once they got rid of Rolling Thunder. The final straw that broke their back was replacing Shockwave with the stupid Superman ride. Boo to them.

/Vertical Velocity is alright


Did you forget about the new rolling thunder?
i283.photobucket.comView Full Size



/the new batman coaster was total garbage
 
2009-03-13 12:36:53 PM  
But if they do go under, could someone please Bring X to a park on the east coast. I haven't made it to Magic Mountain yet.
 
2009-03-13 12:37:07 PM  
The problem with Six Flags is that they currently cater to teenagers. Teenagers don't buy enough merchandise or food, and they scare off families. Six Flags has figured this out and now they're moving toward a more family friendly model. Six Flags isn't going to develop giant roller coasters any more. They've stated so.
 
2009-03-13 12:40:53 PM  
[image from img67.photobucket.com too old to be available]

See you guys at Busch Gardens!!
 
2009-03-13 12:43:09 PM  

racethesun: Did you forget about the new rolling thunder?


That's allllll the way in New Jersey. It's enough of a hassle to drive up to Gurnee; I don't wanna have to leave the state.
 
2009-03-13 12:43:29 PM  
Something something hahaha Dan Snyder is a tewl blah blah fishcakes
 
2009-03-13 01:05:35 PM  
11 Chapters! More chapters, more fun!
 
2009-03-13 01:07:01 PM  
Six Flags Over Fuquay?
 
2009-03-13 01:10:05 PM  
I grew up going to Cedar Point and Six flags just seems so trashy in comparison. The rides are alright, but the excessive marketing that's so in your face all the time just makes it feel like a shiatty shopping mall amusement park. Complete with the people I generally try and avoid in society. In fact, just about every other park I've been too has been alright. Mostly just private, Paramount, or Cedar Fair.
 
2009-03-13 01:17:36 PM  

Car_Ramrod: It all started going downhill once they got rid of Rolling Thunder. The final straw that broke their back was replacing Shockwave with the stupid Superman ride. Boo to them.

/Vertical Velocity is alright


Amen!

Shockwave was the first rollercoaster I ever went on. I was ticked when I found out they were replacing it.
 
2009-03-13 01:19:50 PM  
The problem with Six Flags is there is only one real Six Flags.
 
2009-03-13 01:21:38 PM  
We can only hope that Danny The Snyder goes down with 'em.
 
2009-03-13 01:31:51 PM  
HA serves them right, Six Flags is the Farking Walmart of Amusement parks. The modle they used is on par with micorsoft/starbux, "if your opisitoin will not sell out, drive them out" in the 90's I was amazed to see how many small parks were gobbled up or closed due to a new six flags opening.
I watched the employment policies of Geauaga Lake park go from a teenagers dream to one of the most distrubing managment schemes I have ever witnessed. they elemenated most of the managment to "Cut Costs" on a park that was already profitable..... I was thankfull to see them start offloading parks in the early 2k's but secretly wished they would just fail and allow the world of unique small parks to be reborn.


/Bless Ceader Point for not selling out to the evil Six Flags.
 
2009-03-13 01:54:43 PM  
The last time I went to Six Flags, I wondered if working for Walt Disney World had "spoiled" me for places like that... not too crowded, enough trees for shade, CLEAN, etc. Guess it isn't just me.

If Six Flags wants to know what the good balance is between families and killer rides, they should take a look at that other Universal park in Orlando.
 
2009-03-13 01:57:51 PM  
I am only familiar with the Six Flags parks in New Jersey, Georgia and Magic Mountain. Are the rest of the parks as big a gangbanger paradise as those three? If so I think I found their problem.
 
2009-03-13 02:13:00 PM  

Car_Ramrod: racethesun: Did you forget about the new rolling thunder?

That's allllll the way in New Jersey. It's enough of a hassle to drive up to Gurnee; I don't wanna have to leave the state.


As a resident of the unincorporated area just outside Gurnee, I hope there's less traffic going to Six Flags this summer since it makes traffic around here a nightmare. Otherwise, Great America shutting down would kill Gurnee, since the residents don't pay property taxes and village revenue is raised through an amusement tax.

/BTW, Rolling Thunder sucked
//haven't been to Six Flags Great America in 11 years
///but then any townie with children older than 15 hasn't gone in years either
////I do miss the Eagle running backwards though
 
2009-03-13 02:24:28 PM  
HOWTO Have a Good Time at 6 Flags:

1) Go during a work day, or in the last week of the season
2) Get Flashpasses!!!!!
3) By season passes for NEXT year at the end of the current season, they are usually dirt cheap

Car_Ramrod: It all started going downhill once they got rid of Rolling Thunder. The final straw that broke their back was replacing Shockwave with the stupid Superman ride. Boo to them.

/Vertical Velocity is alright


i LOVE the Superman ride, at least the version in MD. i sit in the front and do my Superman pose as it goes around those giant circles.
 
2009-03-13 02:33:31 PM  

CapitolG: HA serves them right, Six Flags is the Farking Walmart of Amusement parks. The modle they used is on par with micorsoft/starbux, "if your opisitoin will not sell out, drive them out" in the 90's I was amazed to see how many small parks were gobbled up or closed due to a new six flags opening.
I watched the employment policies of Geauaga Lake park go from a teenagers dream to one of the most distrubing managment schemes I have ever witnessed. they elemenated most of the managment to "Cut Costs" on a park that was already profitable..... I was thankfull to see them start offloading parks in the early 2k's but secretly wished they would just fail and allow the world of unique small parks to be reborn.


/Bless Ceader Point for not selling out to the evil Six Flags.


Yeah, but didn't Cedar Point buy Geauga Lake to kill it?
 
2009-03-13 02:35:27 PM  

FatRatBastard: Ah, Dan Snyder's golden touch strikes again.


Amen, brother
 
2009-03-13 02:53:06 PM  
Knoebel's ftw!
 
2009-03-13 03:10:52 PM  
Knoebels, seconded.
 
2009-03-13 03:14:33 PM  

Car_Ramrod: MadAsshatter: The Suicide Evil Midnight Bomber would be a good, and tasteless roller coaster name.

FTFY

/what bombs at midnight


So he sez to me, he sez, you wanna be BAAAAD. And I say Yeah! baby, Yeah! We're Making Gravy without the Lumps!

/ AAAAAAAAAHahahahahahahahahaaaaaaaaa!
 
2009-03-13 03:23:57 PM  

Bullshiatter: Six Flags Over Fuquay?


I think it would be awesome if they made a coaster for Dubailand with loops that spelled out Allahu Akbar in Arabic script.

There is no god but god, he's great, and about halfway through this rife, you'll figure you're about to meet him.
 
2009-03-13 03:36:10 PM  
Stock's down to $.014/share.

Just bought 150 shares for the hell of it. Worst that can happen, I lose out on $21... the cost of one cup of soda at their parks.

Zing!
 
2009-03-13 03:44:05 PM  
Maybe Trump's resort arm could buy Six Flags.

Oh wai--
 
2009-03-13 03:48:29 PM  

MadAsshatter: "Six Flags is scheduled to open it's first park outside of North America in 2011, a 5 million-square-foot park in Dubai called Six Flags Dubailand."


Too bad people are leaving Dubai in droves.
 
2009-03-13 03:50:34 PM  

ThatGuyGreg: The last time I went to Six Flags, I wondered if working for Walt Disney World had "spoiled" me for places like that... not too crowded, enough trees for shade, CLEAN, etc. Guess it isn't just me.

If Six Flags wants to know what the good balance is between families and killer rides, they should take a look at that other Universal park in Orlando.


The parks in Orlando compete with each other. They have to be clean, have good staff, immersive atmospheres, etc. The Six Flags parks are usually the only games in their respective towns. They can get away with being as crappy as they want, because where else are you gonna go?
 
2009-03-13 03:53:24 PM  
Sigh. I worked at Six Flags Magic Mountain (California) for 5 years in my early twenties (Entertainment Dept). Sad to see this happen, it might not have paid much but it was a damn fun place to work (at least in the Entertainment Dept it was, shows, concerts, live events etc).
 
2009-03-13 04:29:48 PM  

Crolack: Sigh. I worked at Six Flags Magic Mountain (California) for 5 years in my early twenties (Entertainment Dept). Sad to see this happen, it might not have paid much but it was a damn fun place to work (at least in the Entertainment Dept it was, shows, concerts, live events etc).


"Rapids" Opening Crew '81
 
2009-03-13 05:12:40 PM  

labman: But if they do go under, could someone please Bring X to a park on the east coast. I haven't made it to Magic Mountain yet.


Dude, X was the most farked up ride I've ever been on. The only ride with a seat like a barkalounger because you have to be comfortable as you get tossed around like a kitten in a clothes dryer. Must admit it was pretty cool but the only ride to get me even close to getting sick.
 
2009-03-13 07:11:17 PM  
Do all six flags have blaring TVs every 30 feet like the one in Georgia, because that made it really, really enjoyable.
 
2009-03-13 07:38:16 PM  
iaazathot
Not only do they have blaring TV's but advertising signs are everywhere. I went to the one in Vallejo last year, nice animal shows but the rides were just not impressive.

I grew up in Tulsa and we had a small local park called Bell's. The fair board killed it for $$$$$$ reasons. Seems someone on the board had stock in Murphy Brothers the company that brings in rides for the fair. It was felt that Bells was cutting into their profits. Bells was on the local fair grounds and it's rides and the state fair's rides could be rode on the same pass.
So after 50 years the park's lease did not get renewed and it got replaced with a parking lot. A piece of me died when I saw the roller coaster called the Zingo being torn down.
 
2009-03-13 07:59:48 PM  
I wonder if we're heading for a time when ALL amusement parks stand empty and desolate, even the mouse-related ones.
 
2009-03-13 09:54:03 PM  
I've only been to one Six Flags park, Magic Mountain. If the rest are as dirty, poorly maintained, and overpriced, then they deserve whatever the fark they get.
 
2009-03-13 11:14:50 PM  
pintoboy

A piece of me died when I saw the roller coaster called the Zingo being torn down.

My uncle helped build the Zingo. He said you couldn't pay him enough to ride it.

So they closed Bell's (I grew up in Tulsa, also), and they closed Astroworld here in Houston a few years ago, which probably had everything to do with the fact that it had become freakin' Gangsta's Paradise. Too bad - Serial Thriller was awesome.

i17.photobucket.comView Full Size


/sad
 
2009-03-14 12:09:39 AM  

geetus:
So they closed Bell's (I grew up in Tulsa, also), and they closed Astroworld here in Houston a few years ago, which probably had everything to do with the fact that it had become freakin' Gangsta's Paradise. Too bad - Serial Thriller was awesome.

/sad


Serial Thriller was a standard Vekoma inverted clone. If you really miss it that much, fear not for there are at least 20 duplicates around the world.

Quite frankly it was crap compared to B&M inverteds and the Arrow mine train they took out (Excalibur) was far superior to it.

And the reason Astroworld closed is because the old board of SF thought they could sell the property and equipment to help pay the massive debt of the 90's that still haunts them. It was a stupid decision-- after dismantling and various fees they only made about $20 million net despite the fact the property, ghetto as it was, was still profitable to the tune of $5-8million a season. Shortly after the board was overtaken and the new CEO was appointed.

/in Houston, miss Astroworld
//rollercoaster nerd trapped in the wrong city
 
2009-03-16 05:04:44 PM  

infidelmatt: /in Houston, miss Astroworld
//rollercoaster nerd trapped in the wrong city


Well, at least the Tidelanders won their Division this weekend (not that that's exactly a surprise or anything). :-)
 
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