Episodes

Legoland Shanghai passed 2 million guests in its first year, the fastest any LEGOLAND resort has reached that mark. We break down the numbers behind the milestone: an 80% family guest base, 230,000 minifigures sold, and a guest pool expanding well beyond the Yangtze River Delta. Then we turn to what Delta and the big banks just revealed about the travel economy. Premium seats outsold coach at Delta for the first time in a summer quarter, average trip costs jumped 24%, and 53% of Americans say th...

Six Flags has appointed Mark Pauls as Chief Operating Officer, an operator who worked alongside CEO John Reilly at both Palace Entertainment and SeaWorld. At Kennywood, Pauls converted Phantom Fright Nights into the hybrid Phantom Fall Fest and expanded Holiday Lights to 24 nights, adding the park's first January operating days. Reilly has board support for now, but not much time, and a partner with shared shorthand and a proven seasonal-events record saves years as they pivot back to the season...

A historic day for our industry as Comcast confirmed it will separate into two independent publicly traded companies, one focused on entertainment and one focused on connectivity, through a tax-free spin-off of NBCUniversal, expected to be completed within roughly 12 months.

Three news items this week, all of them about change: when to make it, when to skip it, and how to communicate it. Disneyland is facing backlash after replacing one of the old skeletons in the Pirates of the Caribbean with a new projection-mapped animatronic. Screens and AI are deeply unpopular right now, and replacing a classic animatronic with a projection might have been a misstep. Enchanted Parks eliminated the legacy dining plan at its six former Six Flags properties. CEO James Harhi told...

Universal has priced its new Universal Kids Resort 50% above local family-market alternatives, but does it justify the markup? The 20-acre Frisco park opened for press previews this week ahead of its July 1 launch, priced from $54.99 on weekdays to $79.99 over Labor Day weekend, and aimed at children aged 5 to 9. A family of four runs about $220 to $320 before parking and food, against $50 to $130 at local zoos, museums, indoor water parks, and family entertainment centers, most of which are cl...

This week is a catch-up: seven news items we hadn't gotten to yet, with a quick read on each.-Oogie Boogie Bash. Disneyland is replacing the Frightfully Fun parade with a Madame Leota's Swinging Wake cavalcade for 2026. For a limited-ticket event, swapping wait-and-watch for come-and-go gives guests more of their evening back, as long as it's well executed. -Magic of Disney Animation. Disney detailed the new Hollywood Studios building, designed as a set of small interactive rooms. This is the mi...

Disney and Six Flags both shared details about new projects, and this week, we’ll compare them. Disney announced the story behind Monstropolis, the new Monsters, Inc. land coming to Disney's Hollywood Studios. The experience is built around...

Six Flags found itself at the center of a chicken nugget fiasco this week, amidst a power struggle on its board.

Learnings from 1 year of Epic Universe, and why we need to take extra care explainging AI use to guests.

United Parks Q1 was rough across the board, and Abu Dhabi has more announcements.

Six Flags and Disney both had excellent earnings calls, but they seem to have opposite strategies.

Six Flags St. Louis updated and reinstated its chaperone policy following fights in the parking lot on opening day.

Comcast's Q1 earnings call delivered good news almost across the board, and we break down what it means for the theme parks division.

Six Flags is reinstating park president positions at 10 of its parks, less than a year after eliminating the role. This is the first major structural change under new CEO John Reilly, who, after his listening tour, described a chain that suffered from inconsistent standards and a lack of accountability after the 2024 Cedar Fair merger. When you lose a park president, you lose accountability and coherent differentiation planning. Corporate can drive real economies of scale, but corporate don't al...

Disney is laying off 1,000 employees across film, streaming, and marketing as it continues to shed costs and reorient itself.

Six Flags appointed Richard Haddrill as executive chairman of the board, replacing Marilyn Spiegel (who stays on as lead independent director). Haddrill comes from the gaming industry — he was CEO of Bally Technologies and executive vice chairman at Scientific Games. The move continues the board refresh that Jana Partners demanded, and it puts more pressure on CEO John Reilly to deliver results now that the "board is in the way" excuse is gone. Merlin Entertainments reported its 2025 annual r...

We recap the world's largest Halloween trade show.

Jana Partners sent a letter to the Six Flags board pushing the company to explore a sale and replace board chair Marilyn Spiegel — just one week after the Travis Kelce brand ambassador announcement. We break down what Jana actually wants, why the timeline doesn't add up, and what this means for CEO John Reilly's turnaround plan. Then: Sesame Workshop filed a federal lawsuit against United Parks to terminate their licensing agreement. United Parks stopped paying royalties in September 2025, took...

Six Flags has officially named Travis Kelce as a brand ambassador. Kelce, who joined investor group Jana Partners when they acquired a 9% stake in the company last October, will provide marketing support across Six Flags' portfolio of parks — including digital content on his own social media platforms and the use of his name, image, and likeness in broadcast, streaming, and in-park marketing. We also tackle what listeners have been asking us about for weeks: the impact of the Middle East situat...

Six Flags is selling seven of its parks to EPR Properties for $331 million in cash, but will they sell more? We think so.

United Parks & Resorts reported fiscal 2025 results this week; Revenue, attendance, net income, EBITDA were all down.

Six Flags posted Q4 2025 results this week, and the results weren't good.

Glenwood Caverns Adventure Park filed for Chapter 11 bankruptcy on February 9 after a $116 million wrongful death judgment - this episode is about what it means for the industry.

Six Flags is rolling out a simplified season pass structure and Disney has a new CEO.