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NEW ORLEANS—
The Nickelodeon cable television network says
it has ended its relationship with a new Louisiana company it
partnered with in August to redevelop the abandoned Six Flags
amusement park in New Orleans.Nickelodeon said it ended its licensing agreement with Southern Star Amusecment because Southern Star failed to meet important contractural requirements and deadlines.
Southern Star Amusement Founder and President Danny Rogers told The Times-Picayune newspaper that Nickelodeon had imposed an unrealistic time line on the company for raising money, given the dour economic climate and the fact that Six Flags, the park's previous operator, is still winding its way through bankruptcy court.
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