Paramount Parks

Paramount Parks

Company type	Subsidiary
Industry	Theme Parks and Themed Attractions
Founded	1993; 31 years ago (1993)
Defunct	June 30, 2006 (sold to Cedar Fair) 2017 (licensing contract terminated)
Headquarters	Charlotte, North Carolina, U.S.
Key people	80 (2004)
Parent	Paramount Communications (1993-1994) Viacom (1994-2005) CBS Corporation (2005–2006) Cedar Fair (2006-2007)

Paramount Parks was the operator of Paramount's Kings Island, Paramount's Kings Dominion, Paramount's Great America, Paramount's Carowinds, and Paramount Canada's Wonderland, which annually attracted about 13 million patrons. National Amusements-owned Viacom assumed control of the company as part of its acquisition of Paramount Pictures in 1994.

On June 30, 2006, Cedar Fair acquired the company, and the deal included a ten-year license to use the Paramount Parks name and theme, and a four-year license to use Nickelodeon names and themes.^[1]

Cedar Fair declined to exercise the Paramount licenses and they dropped Paramount and CBS-licensed names from the parks after the 2007 season, but opted to retain Nickelodeon names and themes until after the 2009 season when this license expired.