Paramount's Great America changed their name to California's Great America?

Question

How come?

Answer 1

basically cbs wanted to sell the rights to the park the theme park division of paramount.

Cedar Fair Entertainment Co. acquired the  all paramount park chains for 1.24 billion.

On Oct 25,2007 Cedar Fair announced the name would be changed to "California's Great America"

1992 - 2006: Paramount Parks era

Three years later Paramount Communications, then owners of Paramount Pictures, sought to join other entertainment companies as a theme park owner. The company acquired Kings Entertainment, owner of three parks including Great America, and two other parks for $400 million and created Paramount Parks. Viacom, the parent owner of MTV Networks and Nickelodeon, then bought Paramount in 1994, allowing Nickelodeon theming and merchandise into the park as well. During the Paramount Era, attractions from the Action FX Theatre, Nickelodeon Splat City (Now Nickelodeon Central), Drop Zone Stunt Tower giant drop, Invertigo inverted boomerang, and many more modern thrill ride attractions were added in. Unfortunately because the park was literally landlocked being in the center of Silicon Valley, several rides including the classic train ride and the Triple Wheel Ferris Wheel, a Marriott's Great America signature attraction, were removed to make way for newer attractions.

[edit] Summer 2006 & Beyond: Cedar Fair



Logo used in 2006After Viacom and CBS Corporation split, Paramount Parks became part of CBS. The merger did not last long as CBS announced plans to sell the theme park division.

In May 2006, it was announced that Cedar Fair Entertainment Co. would be acquiring the entire Paramount Parks chain for $1.24 Billion USD. On June 30, 2006, Cedar Fair announced it completed the acquisition of Paramount Parks, including Great America. The transaction includes licensing agreements with Nickelodeon and Paramount, providing the park the option to retain its Nickelodeon and Paramount theming for several years.

On October 25, 2007, Cedar Fair announced the park will be renamed California's Great America and that it would also receive a 14 million dollar investment over the next two years. For the 2008 season, the park saw the addition of a new Huss Rides top spin ride called FireFall, a new ice show in the renamed "Great America Theatre" (formely The Paramount Theatre), and the addition of the Halloween Haunt event to the park.

Answer 2

Cedar Fair purchased the Paramount amusement park chains in 2006.  Since the purchase, they lost the rights to use the 'Paramount' name, so all of the Paramount parks dropped the 'Paramount' part of their names.