Six Flags will attempt to leverage Travis Kelce’s 9% investment into a full branding partnership, leaning into ‘the new world.’ Meanwhile, Disney’s stock dipped 7% after its latest earnings show cable is collapsing faster than expected. Streaming and the parks remain its lifeboat, with both those sectors performing well, underscoring that the company’s future lies in IP that monetizes across screens and physical spaces. Finally, Herschend struck a deal to acquire Silverwood Theme Park. Philip and Scott unpack what these moves say about where the industry is heading—fewer ads, smaller screens, bigger personalities, and more mission-driven ownership. Listen to weekly BONUS episodes on our Patreon.

Three companies, one economic reality—and three very different responses. Six Flags is doubling down on its “smaller and more nimble” plan, prioritizing core parks and openly confirming that more closures or sales are coming. United Parks & Resorts (SeaWorld/Busch Gardens) is battling brand confusion after a 25% profit drop, citing weather and marketing challenges while its Halloween events hit record highs. Meanwhile, Disneyland Resort announced 100 layoffs as part of an “organizational recalibration,” even as its parks remain packed and profitable. Philip and Scott unpack how each company’s move reflects a different playbook for survival: consolidation, rebranding, and recalibration. The big question—whose strategy will actually work? Listen to weekly BONUS episodes on our Patreon.

From Hollywood to Florida and New York to Oregon, this year’s Halloween season proved that the industry is evolving—just not abandoning its roots. Sliders continue to grow as choreographed street theater, chainsaws remain the undeniable American haunt anthem, and creative teams nationwide are finding new ways to give guests something active to do between scares. From selfie moments and staged photo ops to queue-line performers and mini-interactions, the focus is shifting from watching horror to participating in it. Philip and Scott break down what these trends say about guest expectations, why smaller haunts are thriving by leaning into intimacy and story, and how even major parks are rethinking Halloween as a festival of constant engagement rather than a night of passive walkthroughs. Listen to weekly BONUS episodes on our Patreon.

Kansas City Chiefs star—and Taylor Swift’s fiancé—Travis Kelce now owns a 9% stake in Six Flags alongside hedge fund Jana Partners, instantly making the struggling park chain a national headline. Former Cedar Fair CEO Matt Ouimet, however, wasn’t impressed—publicly calling out the board for “cycling through CEOs, destroying value, and failing to show ownership” while urging the next chief executive to rebuild with leaders who actually understand entertainment. Philip and Scott unpack what Kelce’s investment really means: Is it a lifeline, a PR distraction, or a sign activist investors are circling?

The hosts also dive into the TEA Global Experience Index, which shows global theme-park attendance up 2.4% in 2024—but growth driven almost entirely by China and the Middle East, while U.S. parks stay flat and pivot to revenue optimization. With Disney, Universal Beijing, and Shanghai Disneyland leading the charge, what can domestic operators learn from markets that are still expanding? Listen to weekly BONUS episodes on our Patreon.

Six Flags is losing more of its board—Executive Chairman Selim Bassoul and Lead Independent Director Daniel Hanrahan will leave the board at year’s end, following CEO Richard Zimmerman’s exit announcement. Bassoul, who also lined up a new role outside the industry, will remain as a consultant through the launch of Six Flags Qiddiya City in Saudi Arabia. The company stumbled when its first press release listed Qiddiya City opening in 2026, only to issue an immediate correction claiming 2025—adding to investor confusion. Philip and Scott unpack what the back-to-back departures mean for a company still struggling to execute its “Great Reset” strategy and whether the Qiddiya slip hints at deeper internal misalignment. They also discuss IAAPA’s Q3 Global Outlook—highlighting how weather, tariffs, and economic uncertainty continue to shape operators’ planning worldwide. Listen to weekly BONUS episodes on our Patreon.

Disney has hiked prices again—day tickets, annual passes, parking, and even Lightning Lane. At Disneyland, parking now costs $40 a day and the top-tier Inspire Key annual pass jumps to $1,899, still with blockout dates and reservation limits. In Florida, annual passes are up as well, though one-day tickets remain steadier. Philip and Scott debate whether these moves are a strategy to manage crowd levels or a sign of the parks leaning further into exclusivity—especially as Disney faces stock pressure and boycotts. Are higher prices a reset for quality and capacity, or the next step in making Disney a luxury brand? Listen to weekly BONUS episodes on our Patreon.

Universal has reopened Stardust Racers at Epic Universe, following a fatal incident earlier this year, and introduced new signage and stricter accessibility requirements. The latest safety guide now warns guests with weakened bones, limited mobility, or difficulty maintaining an upright position not to ride—and the “must walk independently” clause now extends across multiple attractions. Philip and Scott unpack what this means for operators who must balance guest safety, accessibility, and legal liability. Should Universal have waited longer to reopen, or do the updated rules demonstrate responsible transparency? Plus, Universal’s Vegas venue gets festive with Krampus and Kin, a dark-holiday overlay for Horror Unleashed. Listen to weekly BONUS episodes on our Patreon.

This week, we respond to your comments from last week's show regarding Six Flags. Scott recaps his visit to IAAPA Expo Europe; Lego invests £200 million in the acquisition of Lego Discovery Centers from Merlin; and a New immersive art venue, Atlas9, opens in Kansas City. 
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Six Flags reported 298,000 more visits this summer, a 3% attendance bump compared to 2024. But guests spent 7% less on admission, pulling overall revenue down 2% even as food and merch ticked up. Management insists that trading short-term ticket prices for long-term passholder growth will pay off, pointing to early 2026 pass sales pacing ahead with prices up 3%.
Philip and Scott unpack why this strategy only works if guests return—and how seasonal event cuts complicate the picture. Knott’s Scary Farm dropped all Wednesday nights, while Magic Mountain cut Thursday Fright Fests, following news of other properties abruptly canceling both Halloween and Christmas, despite passholder expectations. Cost savings may help hit this year’s $860–910M EBITDA target, but at what risk to guest trust and long-term loyalty? PLUS - Scott is on-location at IAAPA Expo Europe! Listen to weekly BONUS episodes on our Patreon.

Only 19% of U.S. adults say they want “scary vibes” this Halloween—while 30% plan to wear multiple costumes and 70% say organized events are steady or increasing. Philip and Scott unpack the annual HalloweenCostumes.com survey and why it matters: the demand for cute, funny, and cosplay-style experiences is growing faster than gore, audiences are starting to plan earlier, and AI is already a factor in how people search for inspiration. They also discuss how rising competition and budget-conscious consumers may shape event calendars, citing Six Flags Magic Mountain and Knott’s Scary Farm cutting weeknights while Hersheypark’s Dark Nights leans on bundled value and high-quality houses. The big question: with more families and casual fans in the market, can “giggles” and “cute” Halloween now generate more growth than scares? Listen to weekly BONUS episodes on our Patreon.