Cedar Fair Entertainment Company

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Cedar Fair Entertainment Company
Type Public (NYSE: FUN)
Founded 1983
Headquarters Sandusky, Ohio, USA
Key people Richard L. Kinzel,
Chairman & CEO
Jacob T. Falfas, COO
Industry Entertainment & Theme Parks
Revenue $568.7 million (net) USD (2005)
Operating income $13.84 million USD (2005)
Employees 1,300 (2005) (excluding seasonal)
Website www.cedarfair.com

Cedar Fair Entertainment Company, legally known as Cedar Fair, L.P.,(NYSE: FUN) is a publicly-traded company based in Sandusky, Ohio that owns and operates amusement parks in North America. Cedar Fair owns and operates 12 major amusement parks, 11 operating in the United States, with one operating in Canada. They also manage the unique attraction, Star Trek: The Experience, in Las Vegas, Nevada, along with a small theme park, Gilroy Gardens, much like they once held the managing contract for the former Camp Snoopy at the Mall of America. Readers of Amusement Today, a trade newspaper, have voted Cedar Fair's flagship park, Cedar Point, as The Best Amusement Park In The World for 10 consecutive years.[1] Based on stock value, Cedar Fair is the most successful amusement park chain behind Disney.

Contents

The following parks are included in the admission price of the listed amusement park:

The following parks are either standalone properties or require separate admission:

 Trivia sections are discouraged under Wikipedia guidelines.
The article could be improved by integrating relevant items and removing inappropriate ones.
  • Cedar Fair's name is constructed from the names of its first two parks, Cedar Point and Valleyfair!. It was formed in 1975 as an operating partnership between Cedar Point and the then one-year-old Valleyfair.
  • Cedar Fair's current President and CEO is Richard Kinzel
  • The purchase of Paramount Parks was announced on May 22, 2006,[2], and concluded with a cash transaction valued at $1.24 billion (USD) on June 30, 2006 [3] (Cedar Fair did receive both Paramount movie/TV licenses (expires in 10 years) as well as Nickelodeon licenses (expires in 4 years)[4]
  • Geauga Lake (former Six Flags Worlds of Adventure) purchase was valued at $145 million (USD) [5]
  • Dorney Park, added to the Cedar Fair family on 7/22/1992, was purchased for $48 million.
  • Cedar Fair operates 4 amusement parks that attract over 3 million visitors a year: Knott's Berry Farm, Kings Island, Canada's Wonderland, and the company's flagship park, Cedar Point.

 Trivia sections are discouraged under Wikipedia guidelines.
The article could be improved by integrating relevant items and removing inappropriate ones.
  • Cedar Fair put an end to Winterfest at Kings Island and Carowinds due to poor turnout [6]
  • Cedar Fair year earnings (through July 31) total (Paramount Park earnings included): $428.2 million [7]
  • Cedar Fair second quarter net earnings: $145.4 million [8]
  • Cedar Fair's second quarter net earnings down 9.8% from 2005, with overall earnings down 2%. Cedar Fair blames excessive rain throughout the northeast for the problem as it kept visitors away from Dorney Park, Cedar Point, and Geauga Lake throughout the month of June. [9]
  • Cedar Fair parks have earned 18 major Golden Ticket Awards for roller coasters and amusement park operation. [10]
  • Most Cedar Fair parks now offer Cedar Fair Maxx Passes (2007 Season Passes) valid for all Cedar Fair parks.
  • Started in the 2007 season, all Cedar Fair Parks have revamped logos along with Cedar Point's logo. Each "i" has a flag on the top and has the company's symbol on the left side.
  • All former Paramount Parks' slogans are "Where Else?" from "The Best of Hollywood Entertainment, Now Playing."
  • Geauga Lake (one of Cedar Fair's amusement parks) has closed its amusement section of the park, and will only open their water park section for the 2008 season. The company made the decision due to declining attendance. [11]

v • d • e
Cedar Fair
Theme Parks Canada's Wonderland · Carowinds · Cedar Point · Dorney Park & Wildwater Kingdom · California's Great America · Kings Dominion · Kings Island · Knott's Berry Farm · Michigan's Adventure · Worlds of Fun · Valleyfair
Waterparks Wildwater Kingdom · Geauga Lake's Wildwater Kingdom  · Wild Water Adventure · White Water Country · WaterWorks · Splash Works · Boomerang Bay (Kings Island, Great America and Carowinds) · Soak City · Knott's Soak City (Buena Park, Chula Vista, and Palm Springs) · Oceans of Fun
Other Star Trek: The Experience · Gilroy Gardens
Former Camp Snoopy
Revenue: $831.4 million USD (2006) · Employees: 1,300  · Stock Symbol: NYSE: FUN · Website: www.cedarfair.com
Retrieved from "http://en.wikipedia.org/wiki/Cedar_Fair_Entertainment_Company"
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