Ride Entertainment Group

Ride Entertainment
Industry Entertainment
Area served
Worldwide
Key people
Ed Hiller (CEO)
Divisions Sales
Operations
Financial Partnerships
Installations
SkyCoaster®.
Website rideentertainment.com

Ride Entertainment is a firm based in the United States specializing in the construction, sales, service, and operation of amusement rides.

Company history

In 1998 Ed Hiller started Ride Entertainment Systems, Inc. as a sales company serving the amusement industry. When Ed opened Ride Entertainment Systems he represented some of the largest ride manufacturers in the industry: S&S Power, Thrilltime, Hafema, Custom Coasters, Gerstlauer, and Maurer-Soehne. Over time the company consolidated its sales portfolio and represented fewer ride manufacturers. Together with a venture capital firm Ride Entertainment purchased a collection of revenue share attractions at Six Flags properties (S&S Sky Slings, Skycoasters® and Funtime Slingshots) in 2005. That year the company also purchased the assets of Thrilltime (Skycoaster® and Top Eliminator Dragsters) out of bankruptcy. In 2006 the company opened their Installation division.

In 2008 the company opened a revenue share package at the Columbus Zoo, which represented their first new financial partnership. Two years later Ride Entertainment re-branded and updated the way they presented themselves to the industry. The company now had several different disciplines and they created a brand family to reflect that. The mother company was the Ride Entertainment Group of Companies, under that umbrella Ride Entertainment Systems continued to handle sales, Entertainment Finance Group handled revenue shares, and Entertainment Management Group performed ride installations.

Two years later the company opened their first operations, the Flushing Meadows and Forest Park Carousels, under the company moniker Ride Operations Group. In 2015 the company again honed their message, conceptually putting every product and service they offered under the banner of Ride Entertainment, with Operations, Financial Partnerships, and Installations falling under Services and the attractions Ride Entertainment and their sales partners produced falling under Products.[1]

Executive Team

Divisions

Sales

The Sales division is responsible for the sale of amusement rides. A number of firms have partnerships with this division, including:

Operations

Ride Entertainment operates a variety of family parks and stand alone attractions throughout North America,[15] including:

The Corona Cobra Roller Coaster at Fantasy Forest Amusement Park in Flushing, Queens, New York.

Financial Partnerships

The Tundra Air Zipline at the Toronto Zoo in Toronto, Canada.

This divisions works with various entertainment venues and provides the capital for attractions for many of the top locations around the world. The Financial Partnerships division of Ride Entertainment is regarded as the largest financial partnerships division in the world,[21] and has partnerships in places such as:

Installations

This division installs and rehabs amusement rides around the world.

The SkyScreamer, a StarFlyer ride at Six Flags Fiesta Texas in San Antonio, Texas, being erected.

The company has worked with many different park groups like Six Flags, OCT, and the Roller Coaster at New York, New York. Ride Entertainment is responsible for erecting the world record vertical vertical swing ride from funtime. They have worked on everything from roller coasters to flat rides and have the ability to construct new builds or relocate attractions within location or across the country.[22] Rehabilitation and safety modifications can be done on all rides and attractions helping to restore attractions increasing guest safety and comfort as well as improving reliability and reducing wear costs.[23]

Ride Entertainment is partnered with Skyline Attractions in order to offer custom engineering and fabrication. With unique and simple solutions for everything from custom ride engineering to ride stations all the way down to queue gates. Ride Entertainment and Skyline can also create custom-designed ride vehicles or retrofit and enhance existing attractions to bring them up to ASTM standards.[24]

Ride Entertainment's installations division is also responsible for making enhancements to existing attractions with technology such as Velocity Magnetics magnetic brakes. Retrofitting a coaster or flat ride with magnetic brakes provides a smoother stop with a lower cost to maintain and repair than traditional. brakes[25]

SkyCoaster

SkyCoaster is the most successful attraction in the amusement industry with over 75 locations worldwide.

SkyCoaster, Inc. operated as a wholly owned division of ThrillTime Entertainment International.[26] In 2005, SkyCoaster, Inc. as well as ThrillTime's other amusement ride, Top Eliminator,[26] were sold to Ride Entertainment.[27] This was followed in 2006 by a reverse merger transaction where ThrillTime was acquired by Advanced Proteome Therapeutics.[28]

The Skycoaster® at Elitch Gardens in Denver, Colorado is a Dual Lattice 173-foot Skycoaster.

References

  1. http://www.rideentertainment.com/our-story/our-story/
  2. 1 2 3 4 5 6 7 8 http://www.rideentertainment.com/meet-our-team/
  3. 1 2 "Gerstlauer busy in 2011". Park World Magazine. 29 December 2010. Retrieved 22 November 2013.
  4. "Gerstlauer Amusement Rides". Ride Entertainment Systems. Retrieved 22 November 2013.
  5. 1 2 "Projects". Ride Entertainment Group. Retrieved 22 November 2013.
  6. "Star Flyer opens in Vancouver". Park World Magazine. 5 August 2011. Archived from the original on December 3, 2013. Retrieved 22 November 2013.
  7. http://www.rideentertainment.com/sales/skyline-attractions/
  8. "Hit! Entertainment". Ride Entertainment Systems. Retrieved 22 November 2013.
  9. "Ropes Courses, Inc.". Ride Entertainment Systems. Retrieved 22 November 2013.
  10. "Developing Custom Challenge Courses". Ropes Courses, Inc. Retrieved 22 November 2013.
  11. "Ropes Courses Opens at Indiana Beach and The West Edmonton Mall" (PDF) (Press release). Ride Entertainment Group. Retrieved 22 November 2013.
  12. http://www.rideentertainment.com/sales/lagotronics-projects/
  13. http://www.valtiner-partner.at/index.php?id=4&L=1
  14. http://www.rideentertainment.com/sales/kcl-engineering/
  15. http://www.rideentertainment.com/operations/our-properties/
  16. http://fantasyforestnyc.com/
  17. http://www.seaglasscarousel.nyc/a-carousel-like-no-other/
  18. http://www.forestparkcarousel.com/
  19. http://www.rosekennedygreenway.org/visit/greenway-carousel/
  20. http://www.hudsonriverpark.org/explore-the-park/activities/carousel
  21. "Process". Ride Entertainment.
  22. http://www.rideentertainment.com/installations/ride-relocation/
  23. http://www.rideentertainment.com/installations/service/
  24. http://www.rideentertainment.com/installations/custom-engineering-fabrication/
  25. http://www.rideentertainment.com/installations/magnetic-brake-retrofit/
  26. 1 2 Waddell, Ray (August 3, 1998). "ThrillTime Entertainment purchases Sky Fun 1; to be named SkyCoaster". Amusement Business. 110 (31): 19.
  27. "Mike Gutknecht". Ride Entertainment Group of Companies. Archived from the original on July 3, 2013. Retrieved July 26, 2017.
  28. "Company Overview of ThrillTime Entertainment International Inc.". Bloomberg Business Week. Retrieved July 26, 2017.
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