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CBS Corporation (under the prior name Viacom ) acquired the parks chain as part of its acquisition of Paramount Pictures in 1994 . Paramount, previously known as Gulf And Western , in turn had acquired the parks from Nelson Schwab and his management group which included current parks' president ( As Of 2005 ) Al Weber. Schwab and his KECO acquired the group in a management-led LBO from the Taft Broadcasting Company, which had built Kings Island in Cincinnati using cast off rides from Cincinnati's Coney Island and to this day there is a small area in the Cincinnati park called "Coney Island" (Named "Coney Mall" in later years) still featuring some of those original rides. The parks were part of Viacom's Blockbuster Entertainment division until 2000 when they were placed under Tom McGrath at Paramount Pictures who served as chairman until 2004. McGrath left Viacom in late 2004 to make a bid to buy out the group with Goldman Sachs ) (as reported in the New York Post ). The company was part of MTV Networks until the CBS /Viacom split, when it was moved into the CBS unit and became part of the CBS Corporation.

The corporate offices of Paramount Parks are located in Charlotte , North Carolina .

On January 27 , 2006 , the website of the Dayton Daily News reported that CBS Corporation would be selling Kings Island and other parks in its Paramount Parks division. {Link without Title}


LIST OF PARKS



United States




Canada




OFFICIAL WEB SITES



Noteworthy Amusement Parks}}