Kings Entertainment Company (KECO) owned and/or operated six theme parks around the world. The company was originally owned by Taft Broadcasting and in 1984 was purchased for $167.5 million by senior executives and general managers of Taft's Amusement Park Group.[1]
In 1992, the company was sold to Paramount Communications (formerly Gulf+Western, and later acquired by Viacom), then the parent of Paramount Pictures, which changed the name of the parks by adding "Paramount's" in front of their names. The park in Australia was not purchased by Paramount and was sold to a local company.
The company was renamed Paramount Parks in 1994, around the time of the Viacom purchase, and remained in existence until 2006. As part of the 2005 Viacom split, ownership of Paramount Parks was transferred to the CBS Corporation.
CBS, in turn, sold the parks to amusement park management company Cedar Fair Entertainment Company based in Sandusky, Ohio on June 30, 2006 (CBS decided that the parks would not fit a new corporate strategy that they were implementing). As of January 2007, Cedar Fair has begun dropping the Paramount name from the individual parks and restoring their original KECO names with new Cedar Fair logos. This transaction also returned the parks to Ohio-based ownership, as Taft was once headquartered in Cincinnati.
^"Then and Now: A trip back in time at Kings Island". WCPO. WCPO. Retrieved 23 October 2018.
^"Charlotte's Carousel Capital closes largest investment fund to date". Charlotte Observer. Charlotte Observer. Retrieved 23 October 2018.
March 03, 2023
kings, entertainment, company, keco, owned, operated, theme, parks, around, world, company, originally, owned, taft, broadcasting, 1984, purchased, million, senior, executives, general, managers, taft, amusement, park, group, industryentertainmentsuccessorceda. Kings Entertainment Company KECO owned and or operated six theme parks around the world The company was originally owned by Taft Broadcasting and in 1984 was purchased for 167 5 million by senior executives and general managers of Taft s Amusement Park Group 1 Kings Entertainment CompanyIndustryEntertainmentSuccessorCedar FairHeadquartersOhioArea servedWorldwideIn 1992 the company was sold to Paramount Communications formerly Gulf Western and later acquired by Viacom then the parent of Paramount Pictures which changed the name of the parks by adding Paramount s in front of their names The park in Australia was not purchased by Paramount and was sold to a local company The company was renamed Paramount Parks in 1994 around the time of the Viacom purchase and remained in existence until 2006 As part of the 2005 Viacom split ownership of Paramount Parks was transferred to the CBS Corporation CBS in turn sold the parks to amusement park management company Cedar Fair Entertainment Company based in Sandusky Ohio on June 30 2006 CBS decided that the parks would not fit a new corporate strategy that they were implementing As of January 2007 Cedar Fair has begun dropping the Paramount name from the individual parks and restoring their original KECO names with new Cedar Fair logos This transaction also returned the parks to Ohio based ownership as Taft was once headquartered in Cincinnati Theme parks EditThe company owned Canada s Wonderland Vaughan Ontario Canada sold to Paramount now owned by Cedar Fair Great America Santa Clara California Sold to Paramount now owned by Cedar Fair Kings Island Mason Ohio Sold to Paramount now owned by Cedar Fair Carowinds 2 Charlotte North Carolina Sold to Paramount now owned by Cedar Fair Kings Dominion Doswell Virginia Sold to Paramount now owned by Cedar Fair Australia s Wonderland Sydney New South Wales Australia Sold to Sunway Group now defunct Hanna Barbera Land Houston Texas sold to Six Flags and reopened as Splashtown Marineland of the Pacific Palos Verdes California sold to Harcourt Brace Jovanovich then owner of SeaWorld and promptly closed See also EditHanna Barbera theme park attractionsReferences Edit Then and Now A trip back in time at Kings Island WCPO WCPO Retrieved 23 October 2018 Charlotte s Carousel Capital closes largest investment fund to date Charlotte Observer Charlotte Observer Retrieved 23 October 2018 Retrieved from https en wikipedia org w index php title Kings Entertainment Company amp oldid 1129404910, wikipedia, wiki, book, books, library,
