Paramount Parks
Former amusement park subsidiary of CBS Corporation
Former amusement park subsidiary of CBS Corporation
Paramount Parks, Inc. was an American amusement park company headquartered in Charlotte, North Carolina, United States. It was a subsidiary of the mass media company CBS Corporation, majority owned by National Amusements. Formed in 1992 through the acquisition of Kings Entertainment Company by Paramount Communications, it was the fourth-largest amusement park operator in the United States, hosting approximately 12 million visitors annually. Paramount Parks operated seven properties, including six amusement parks and one attraction. The subsidiary became a part of Viacom after the latter acquired Paramount Communications in 1994. When Viacom split in 2005, Paramount Parks was reorganized under CBS Corporation, and the following year, CBS Corporation sold all Paramount Parks' assets to Cedar Fair for $1.24 billion. Cedar Fair later merged with Six Flags in 2024.
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