in bev

doverfox

Mouseketeer
Joined
Dec 16, 2007
Messages
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with the sale of budweiser to inbev do you think they will continue to wabnt to run the parks or sell them on. after all inbev have no interests in any european parks or do you think it will lead to more investment in the parks from the group?
dave
 
From what I understand, InBev is not interested in any of A-B's "non-core" industries. And from some article I read a month or so ago, Busch Entertainment only pulls in a tiny, tiny percentage of A-B's total profits.

I think it's highly likely that they will at least attempt to sell the parks, although it may be difficult in today's crappy economy. It won't be the first time the parks have been sold. Before A-B bought them, they were owned by Harcourt-Brace. They've survived plenty of trades, so I assume they'll do fine. Although I do wonder what will become of Busch Gardens. Renaming would by the new buyer would be likely, I assume.

I wonder who would even consider buying the parks. I know Disney wouldn't, that's not their style. NBC is a possibility, I suppose. They already own the Universal parks, but may not be willing to pick up more. I shudder to think what would happen if Six Flags bought them out. We know how well they handled Sea World Ohio after acquiring it. :mad: And, personally, I don't think Six Flags is responsible enough to handle the 'animal assets' of Sea World properly--I don't see them continuing to support the environmental projects and such. Six Flags is just too much of a cheap circus. Perhaps some other entertainment mogul will step in to pick them up and continue the legacy, though. (Oh please, not NewsCorp!)

In a perfect world, I'd rather see SeaWorld self-run or, at least, owned by a company with more conservation-oriented focus rather than the blatant commercialism which has swept the park and, to my mind, cheapened the experience somewhat. But, the fact is, that self-owned parks in Florida just don't prosper quite as well (look at Cypress Gardens, which was part of the original Harcourt to A-B package and later tried to make it on its own).

On the plus side, the sale of the parks out of A-B's hands might make things better for them in Dubai. It's been rather surprising to me that an brewery company was building in a country where alcohol is banned (at least among the locals). Which brings me around to my next speculation... perhaps an overseas buyer might pick up the parks. While Nakheel may be primarily focused on development in Dubai & the Persian Gulf, they DO have assets abroad as well (they're building hotels and such in Thailand and already have some in New York, for example). And with their already established relationship with Busch Entertainment, it wouldn't be too much of a stretch to see them consider picking up the whole kit.

But... these are just my wild speculations. I'll be interested to see what happens in the future. Whoever DOES acquire the Sea World package, however, I sincerely hope has the proper ethics and responsibility to care for quite the large menagerie of animals, as well as the commitment to continue funding conservation projects and assisting in rehab work like the parks currently do.

Hmm.
 
This really is kinda scary. I love Sea World and Busch gardens and I afraid for the future at this time. I mean i can't imagine it being run by six flags... they will run it into the ground... or even god forbid disney buying it for the sole purpose of ousting competition... Ick... I think sea world is a beautiful park that is run supurbly from what I can see... :(
 
I /really/ doubt Disney will bother with it. Unlike Universal, Sea World is not really as aggressive of a competitor against Disney, even with the new waterpark. For the most part, they offer totally separate things. And if Disney had wanted to buy them for that reason, they could have easily picked them up when Harcourt was hitting the wall and ditching assets. I find it /extremely/ unlikely that Disney will bother.

The Six Flags thing is the one that concerns me. They're just a crappy theme park line and, if you ask me, they don't have the quality standards to make it successfully in Orlando. And worse, I don't think they have ANY commitment to the type of environmental projects that A-B funds.

The more I think about it, the more I like the idea of Nakheel buying the parks. They already have environmental projects they contribute to (they launched a program called 'Blue Communities' this year, focusing on marine conservation and sustainability). They might be more willing to continue the environmental programs than somebody like Six Flags or Cedar Fair. And, they have plenty of money to maintain the parks effectively AND they already have a relationship established.

I'm not worried for Sea World closing down altogether, though.. they've survived transitions before. At least now they have a strong infrastructure built in the parks, unlike when Harcourt bought them and had to spend tons of cash to bring the parks up to snuff.

=)
 

There have been a few possible suitors suggested in the media so far:

The news has prompted speculation that the entertainment division of Anheuser-Bush, which includes eight theme parks including SeaWorld and Aquatica, could be sold.

Likely potential buyers could include Six Flags, Cedar Fair Entertainment Company or General Electric, according to the Local 6 News report. Universal Studios and Walt Disney World would be highly unlikely suitors, the report said.
SOURCE
 
There have been a few possible suitors suggested in the media so far:




From what I understand all three candidates are very unlikely.

Six Flag...is in a world of financial trouble right now. There are talks that they might go under.

Cedar Fair...is load up with debt after they purchased the ex Paramount parks.

GE...they own Universal studios, so if Universal Studio is an unlikely suitor then GE is an unlikely suitor.
 
From what I understand all three candidates are very unlikely.

Six Flag...is in a world of financial trouble right now. There are talks that they might go under.

Cedar Fair...is load up with debt after they purchased the ex Paramount parks.

GE...they own Universal studios, so if Universal Studio is an unlikely suitor then GE is an unlikely suitor.

Agreed that neither Cedar Fair nor Six Flags is in any financial shape to buy the parks. Don't see GE/Universal wanting any parks outside maybe the Orlando ones, and that's a big maybe--theroetically they could try to consolidate into "the single alternative to WDW" but not sure that would work well ultimately. If anybody buys, I imagine it would be a private investment group. Really, tho, the lack of potential buyers may be what keeps them from getting sold.
 
I agree, all the major 'theme park' giants in the States are very unlikely (Disney buying them out is a simply absurd notion!), that's why I can't help thinking that we might get an overseas buyer. Or yes, I can see a private investor group taking the reins. That would make sense.

It's such a shame they've moved so far away from their beginnings, because I'd love to see them run like a ZOO, rather than a theme park.

I don't have any doubt that it'll be sold, though. Who knows... it could be a good thing! New owners might inject some quality back into some places sorely lacking.

I'm still putting my money on Nakheel making a bid. Time will tell, but that's my wager!
 
Inbev will be in a big hurry to unload Busch Entertainment for the cash they need to fund their purchase. Any new owner will probably be in the same situation on how to reduce expenses and max out profits to fund their purchase of the parks. So goodbye live entertainment, animals, landscaping, conservation projects and hello to higher ticket, parking and food prices with a pinch of new thrill rides and less people to run the parks to target young people to attend.
 
Hey, a girl can dream about ideal management at Sea World, can't she? :rolleyes:

You're probably right, though. No change for the better likely.

And I definitely think they'll try to sell asap. Reorganization, ahoy.
 
Living across the street from my Sea World (literally), i'd hate to see anything happen to the park. We purchased our home across the street from the park to be as close as possible. It is awesome to sit outside and here Shamu, Sea Lions and other animal noises from your backyard. I know the park will go on, but if they do sell it, i hope the new owner doesn't mess things up and takes away the goal of its conservation plans. It's a sad day when a foreign company walks into our home and takes something from us like the institution we know as A-B.:mad:

Here's a little something from all 3 Sea Worlds:

Sea World San Antonio
http://www.ksat.com/news/16883311/detail.html

Sea World San Diego
http://www.sandiegoreader.com/weblo...ld-could-be-sold-inbev-officially-bids-65-a-/

Sea World Florida
http://triangle.bizjournals.com/tampabay/stories/2008/07/14/daily1.html
 
Looks like those wacky Belgians don't want to deal with theme parks. It looks like they will be sold to whomever wants to buy them. Now will they be sold as a package or individually? So much for the two free beer samples at the hospitality house.:sad2:
 
I think there's little doubt that they'll sell the parks.

It occurred to me last night that they might not even sell them as a package, either. I think it would be disastrous for the parks if they decided to sell them piecemeal, however.

In a perfect world, I'd like to see some private investor grab up the animal parks and revert them back to zoos.

In an acceptable world, I'd be okay with some large company picking up the whole package and carrying on with at least the same standards of quality.

In my nightmares, they get bought out separately by some third-rate theme park company (Cedar Fair, Six Flags..) and subsequently run into the ground.

You know, maybe it's just me... but I'm rather disappointed that a company with such a lengthy history here, particularly one that makes such a large point of their American ownership, has sold out overseas. I don't really give a damn about beer (as I do not drink), but the principle of the thing annoys me. What the heck is happening to our industries here?! Ergh.

But then again, looking at who could potentially buy the parks here in the States... the options are pretty dismal.

What a mess.
 
Screamscape has an excellent article up on this subject. Far more comprehensive and insightful than even what the Sentinel wrote.

http://www.screamscape.com/html/industry_news.htm#BuschEntertainment

Blackstone (or more technically its subsidiary Merlin Entertainment) looks like a solid candidate. They are the largest theme park company in Europe, 2nd largest worldwide behind the Mouse. Own a lot of sea-themed miniparks, and the largest aquarium in Europe. Own the London Eye, the model for the new giant ferris wheel being built a block from Sea World. And, here's the kicker, 50% owner of Universal Orlando.
 
Screamscape has an excellent article up on this subject. Far more comprehensive and insightful than even what the Sentinel wrote.

http://www.screamscape.com/html/industry_news.htm#BuschEntertainment

Blackstone (or more technically its subsidiary Merlin Entertainment) looks like a solid candidate. They are the largest theme park company in Europe, 2nd largest worldwide behind the Mouse. Own a lot of sea-themed miniparks, and the largest aquarium in Europe. Own the London Eye, the model for the new giant ferris wheel being built a block from Sea World. And, here's the kicker, 50% owner of Universal Orlando.


Yeah, we might as well have another foreign investor take the parks too.:mad: WT* is happening?! Why is America whoring itself out to these foreigners? In a land where corporate giants flee to other countries to avoid taxes, to outsourcing and having our own citizens go jobless while that job goes to someone who can barely speak english, to our U.S. companies who get bought out by foreigners.... you know, i need to take a valium before I explode. This is driving me nuts.:headache: I'm gonna go to Sea World and wade around in the lazy river outside in this 105 degree heat to clear my head.:upsidedow
 
Screamscape has an excellent article up on this subject. Far more comprehensive and insightful than even what the Sentinel wrote.

http://www.screamscape.com/html/industry_news.htm#BuschEntertainment

Blackstone (or more technically its subsidiary Merlin Entertainment) looks like a solid candidate. They are the largest theme park company in Europe, 2nd largest worldwide behind the Mouse. Own a lot of sea-themed miniparks, and the largest aquarium in Europe. Own the London Eye, the model for the new giant ferris wheel being built a block from Sea World. And, here's the kicker, 50% owner of Universal Orlando.

Thanks for that link. Very interesting read. I live about 2 hours away from Busch Gardens and planned next year to have season passes as right now I have them for Disney and Universal. Most people seem to think Disney wont buy it. I personally dont see why they wouldnt want to. With Universal stepping up and making a solid effort at trying to be a competitor in Florida I think if Disney acquired these parks it would cripple them slightly. I would honestly love to see Disney make a rollercoaster theme park. I know they like to stay "family" oriented but what about the teenagers and all who do not want to go to Disney anymore. Is there no way to bring "Disney magic" to rollercoaster parks as well? I am extremely curious as to what will happen to these parks. From that read Blackstone does seem like a prime candidate. If they think its worth their trouble with our slacking economy to take on more parks to go head to head against Disney. When I heard Six Flags I figured they wouldnt be a choice with the amount of debt they have and wasnt too worried about that but it would be a real problem if they somehow managed to get their hands on the parks. I actually had not thought about Universal till I saw it here. It would be interesting to see how things would change over the upcoming years if they got their hands on it. Not sure how their finances stack up right now with the construction of the new land at IOA and new coaster as well as the Simpsons that was remodeled. They have had a lot on their plate in the past year. Curious to see if they will split the parks up or just offer the package. I cant imagine this being good news at all. In my ideal world I would love to see Disney snatch it up and theme it wonderfully to bring more magic to teen types and greater expand their park hopper tickets. Ofcoarse then that comes with much bigger ticket prices I am sure. I am not too sure how successful it would be as a plain Zoo being the area that it is. Not sure the demand for Zoos nowadays but it might work. I am hoping for the best but I am a pessemest so right now I fear the worst.
 
With the current value of the Euro currency, that works out to be a 60% discount on anything bought in the U.S. So more than likely, potential buyers will be foreign and then the sky is the limit what will happen.
 
Ill say this again in this thread as I have stated in other threads on various forums and even this forum as well.

As of right now, Nobody even knows if the merger will even take place as this merger has to go through a couple hurdles before it even becomes a done deal. Lets just go to the parks and enjoy them as they are and then deal with it when and if the time comes.
 
jenff
things in the states seem cheap for those of us in europe in florida, i can never forget reading the unoffical guide to wdw where it statedthat it was expensive to eat in the parks, we found it reaonable but then we are used to getting ripped off and that was 8 years ago when the dollar was $1.5 rather than the 1.98 we got this year. youv got to remmember the returns would be in $$$$'s so wouldnt look good converted back to euros.
i hope that if sold they would retain some of there caracter that sets them apart.
 
My freinds husbands works for AB. As said yesterday they will be sold as of Jan 1. Why not offer them to the CruiseLines and let them buy them. Carnival or RCI could add it as pre and post cruise. I don't see Six Flags buying them.
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