Pierre said:
The only difference I can see is the risk of failure, and with a known IP I'd say that the risk is considerably lower than that of a standard attraction that has had **** loads of money pumped into it's market
I like IP's - it's good to see things like that 'come to life' so to speak.
Generally I agree Pierre, but just to play devil's advocate for a second (or "I'm an argumentative bastard").
Both Nemesis and Oblivion (though particularly Nemesis) were sold as massive IPs in their own rights. Not only did it create a new revenue stream (through soft drink sales in the high street, to on park merchandise), but the brand power it created is arguably still strong today.
So if you get it right, then you create something fantastic and lasting. Nemesis is as relevant today (thematically) as it was 20 years ago.
I suspect though that Merlin have tried this multiple times in the last few years - trying to create a brand of Thirteen, Swarm and The Smiler. I don't think any have succeeded particularly. Now, the reasons for that may be because the rides (unlike Nemesis and Oblivion) don't live up to expectations, or they have been marketed incorrectly (The Smiler was obscure in theme and marketing - not a direct "WE HAVE A WORLD RECORD!!!" thing).
So having three big budget own IP "failures", you can see why they are happy to go down the easy route. I don't think it's right, but that's business.
On the retheme front here, I think it's a good thing. OMG! Squirrel Nutty is no more!!!!!!! So what? When was the last time anybody went on the ride? It rarely has more than a two minute queue and it's tatty as hell - it's a travesty. Despite an attempt to rejuvenate the area a few years back, the whole area is a bit rough around the edges - it needs a massive overhaul. I doubt it'll get the effort it deserves to do the job properly, but we'll see - we've yet to see Merlin do a full external IP effort beyond Ice Age 4D (which was okay, thanks Joey
).
So it's a good thing generally, even if I think it'll be a bit garish at that point in the park (Sonic looks less an eyesore suddenly
).