Cedar Fair era (2006–present)The acquisition of Kings Island gave Cedar Fair, who had recently acquired Geauga Lake from Six Flags in 2004, ownership of all three major amusement parks in Ohio.
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In 1992, it was snatched up by Paramount Communications, Inc. for $400 million. And finally, on June 30, 2006, Kings Island and four other Paramount Parks were sold to Cedar Fair Entertainment Company for $1.25 billion.
Cedar Point is the oldest in the state, and perhaps the best known nationwide, even world-wide. Every year Cedar Point is ranked as one of the top-ranked amusement parks in the world. Kings Island is ranked as the largest amusement and water park in the Midwest.
Cedar Fair Entertainment Co. has declined its purchase offer, SeaWorld Entertainment Inc. said in a statement. In response to inquiries from various stakeholders, we confirm that our offer to acquire Cedar Fair was rejected.
Cedar Fair Entertainment Co. has declined its purchase offer, SeaWorld Entertainment Inc. said in a statement. In response to inquiries from various stakeholders, we confirm that our offer to acquire Cedar Fair was rejected.
The amusement park's name represented its historical roots and its future. “Kings” for the location of the park near Kings Mills, Ohio, and “Island” in reference to the company's Coney Island roots. It would not be until October 14, 1970 that the name would become official.
It proved a good place to ride out a pandemic. King Island did not record a COVID-19 case among its population of fewer than 2,000 people until January 2022.
But by the 1970s, no one lived here year-round; most residents had moved to Nome, on the mainland. While several forces drove the migration, King Islanders say a main cause was the decision by the Bureau of Indian Affairs to close a school it ran on the island in the late 1950s.
With more than 150 rides (including 17 roller coasters), shows and attractions, including the new Planet Snoopy, Cedar Point is the largest amusement ride park in the world.