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Quiz about Allegedly
Quiz about Allegedly

Allegedly... Trivia Quiz


Allegedly, a good investor knows a good opportunity. However some of what are now considered prime entertainment-related investments were once at the very bottom of the bargain bin and vice versa. What became of them?

A multiple-choice quiz by WesleyCrusher. Estimated time: 5 mins.
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Time
5 mins
Type
Multiple Choice
Quiz #
348,893
Updated
Jul 23 22
# Qns
10
Difficulty
Average
Avg Score
7 / 10
Plays
354
Awards
Top 35% Quiz
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Question 1 of 10
1. Allegedly, Florida is a pretty popular vacation destination, but who wants huge swathes of swampland? Some enterprising entertainment mogul considered them a good investment - what did he build there? Hint


Question 2 of 10
2. Allegedly, dry valleys in the middle of a desert with no town within fifty miles are not the best investment either, but this changes when you happen to have cheap electricity there. Which city well known for its entertainment is this literally hot property? Hint


Question 3 of 10
3. Allegedly, theme parks perform better when they are in the vicinity of a large city, so buying up a large amount of land in south-west Germany, over 100 kilometers from any major settlements,for this purpose doesn't seem to be a great idea. It however turned into which internationally successful theme park? Hint


Question 4 of 10
4. Allegedly, buying a deserted island for $24 is a good deal, but will it do you any good? A Dutch fur trader's investment turned out quite well - which entertainment-related destination, however, is NOT part of this island (which by now holds much more than just entertainment)? Hint


Question 5 of 10
5. Allegedly, investing in a housing development near a fast-growing center of the entertainment industry is a good idea. This was definitely also the idea of a company who erected some 50 feet high letters to advertise their new properties. Four of those letters have gone missing, the other nine have become a synonym with one major branch of entertainment - which one? Hint


Question 6 of 10
6. Allegedly, deserts have a lot of sun and sand and if you mix those two with a nice clean coast and some prime entertainment, you get a pretty successful venture. This was obviously the thinking of an Arab emir who had great plans for his small nation. Which of these parks, all planned for Dubai's great "Dubailand" theme park hub, had actually opened by the end of 2011? Hint


Question 7 of 10
7. Allegedly, drilling the ground is most lucrative when the result is oil, not entertainment. This was the thinking of Texaco when they drilled into the ground in the Bavarian town of Erding. What was discovered wasn't oil however, but the basis of an installation that, while not a typical theme park, can be considered one in terms of attractions, fun value and attendance. What was the result of this development? Hint


Question 8 of 10
8. Allegedly, investing into a growing, powerful company that could provide a new way of distributing content is a good idea for an entertainment giant. Thus, a major media provider entered into a merger with a famous computer-related company in 2001 - ultimately leading to their joint downfall. Which two media companies completely mis-estimated the entertainment market here? Hint


Question 9 of 10
9. Allegedly, investing in talent can be one of the most lucrative ways to spend some money, if you can recognize your investment's potential. One famously underestimated group were the Beatles who unsuccessfully auditioned with Decca records. What aspect of their music was considered so detrimental to their future career that they were passed over? Hint


Question 10 of 10
10. Allegedly, Oscar statuettes are quite valuable and collectible and fetch high values at auctions. If you wanted to invest your entertainment dollars into one of these statues as a display piece, which of the following Best Picture awards should you try to bid for? (All were actually awarded to the movie stated in the listed year) Hint



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Most Recent Scores
Oct 22 2024 : Luckycharm60: 10/10
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quiz
Quiz Answer Key and Fun Facts
1. Allegedly, Florida is a pretty popular vacation destination, but who wants huge swathes of swampland? Some enterprising entertainment mogul considered them a good investment - what did he build there?

Answer: Walt Disney World

In search of an East Coast location for a second Disney theme park, Walt overflew the Orlando area in 1963, noticing the mostly undeveloped area which however already featured an already advanced road network including Interstate 4, then under construction. Buying out the land with several dummy corporations to avoid the inevitable price increase that a sudden, obvious demand for the land by a major company would have caused, Disney ultimately secured over 27,000 acres (111 km²) at a low price before announcing his grand and ultimately vastly successful plans.
2. Allegedly, dry valleys in the middle of a desert with no town within fifty miles are not the best investment either, but this changes when you happen to have cheap electricity there. Which city well known for its entertainment is this literally hot property?

Answer: Las Vegas

The history of Las Vegas began as a small outpost which, in the early 1900s, grew in importance due to the expansion of well water infrastructure, making it an important water stop on the way to or from California. However, the city only really began its miraculous growth in 1930, first as a camp for Hoover Dam laborers and then later benefiting from the almost unlimited electric power available to the city. Up to the mid-1960s, the city was in the hands of organized crime, a fact that changed only after Howard Hughes purchased large portions of it and began the development of the city into today's assembly of resorts and casinos.
3. Allegedly, theme parks perform better when they are in the vicinity of a large city, so buying up a large amount of land in south-west Germany, over 100 kilometers from any major settlements,for this purpose doesn't seem to be a great idea. It however turned into which internationally successful theme park?

Answer: Europa Park

Founded by the Mack family in 1975, Europa Park was initially not much more than a testing ground for the company's new rides in theme park form. Once a ride worked as a fixed installation in the park, movable versions were built and traveled fairs across Germany and Europe.

However, due to its beautiful design and atmosphere the park very quickly became more than a regional attraction and has grown to be the third most visited theme park in Europe (behind Disneyland Paris and Copenhagen's Tivoli)
4. Allegedly, buying a deserted island for $24 is a good deal, but will it do you any good? A Dutch fur trader's investment turned out quite well - which entertainment-related destination, however, is NOT part of this island (which by now holds much more than just entertainment)?

Answer: Coney Island

Sure, Coney Island, home to the well-known resort and amusement area is a part of New York, but it's on its own island in the borough of Brooklyn and not part of Manhattan. The other destinations are all good albeit expensive places to spend an evening in the most densely built area of the United States.
5. Allegedly, investing in a housing development near a fast-growing center of the entertainment industry is a good idea. This was definitely also the idea of a company who erected some 50 feet high letters to advertise their new properties. Four of those letters have gone missing, the other nine have become a synonym with one major branch of entertainment - which one?

Answer: Movies

The letters were of course "HOLLYWOODLAND", of which the "LAND" is no longer a part today. The remaining letters - erected in 1923 and rebuilt many times since - have become one of the world's most famous landmarks. While Hollywood is no longer the active center of the movie industry that it once was - the focus has shifted to secondary services such as special effects as well as television - it is still synonymous with the silver screen.
6. Allegedly, deserts have a lot of sun and sand and if you mix those two with a nice clean coast and some prime entertainment, you get a pretty successful venture. This was obviously the thinking of an Arab emir who had great plans for his small nation. Which of these parks, all planned for Dubai's great "Dubailand" theme park hub, had actually opened by the end of 2011?

Answer: None at all

As part of the concept of turning from a nation depending on its declining amount of oil into a sustainable and growing tourist destination, Dubai planned a huge resort area greater than Orlando with at least 15 major theme parks. However when the real estate crisis of 2008 hit, all of these projects faltered and while some are still being discussed with opening dates from 2012 to 2015 and beyond tentatively being announced, none of these endeavors had restarted any serious development by the end of 2011.
7. Allegedly, drilling the ground is most lucrative when the result is oil, not entertainment. This was the thinking of Texaco when they drilled into the ground in the Bavarian town of Erding. What was discovered wasn't oil however, but the basis of an installation that, while not a typical theme park, can be considered one in terms of attractions, fun value and attendance. What was the result of this development?

Answer: A spa and indoor water park

The seismic exploration of the Erding site promised a significant and exploitable oil deposit, but the liquid that came up was thermal mineral water of the highest quality. Architect Josef Wund and his son Jörg took over the site and developed a 145,000 square meter (as of 2011 - the complex is still undergoing expansion) water park, health spa and sauna area.

It has surpassed 1.5 million visitors per year. All heating of the complex - even that of the saunas - is provided by the geothermal heat of the water which makes the bath extremely climate-friendly for an installation of its size. Chemical water treatment is also almost unnecessary as the flow rate of the reservoir is high enough to exchange the entire facility's water several times each hour.
8. Allegedly, investing into a growing, powerful company that could provide a new way of distributing content is a good idea for an entertainment giant. Thus, a major media provider entered into a merger with a famous computer-related company in 2001 - ultimately leading to their joint downfall. Which two media companies completely mis-estimated the entertainment market here?

Answer: Time Warner and AOL

When Time Warner and AOL merged in early 2001, the network company had grown to over 20 million subscribers and was growing at a rate of 20 percent per annum. However, the concept of AOL to maintain its own network of content and offer internet access as a bonus failed to sustain a consistent member base and by 2009, the remaining subscriber base of AOL was less than a quarter of what it once had been.

The business model of providing entertainment of all sorts over the internet has however established itself as a major market and by 2010, the development had come full circle with large internet and cable TV providers once again, but this time successfully, merging the internet infrastructure and media sales and delivery businesses. Also, many features that we see now in social networks had crude but functional equivalents in AOL's proprietary portal.
9. Allegedly, investing in talent can be one of the most lucrative ways to spend some money, if you can recognize your investment's potential. One famously underestimated group were the Beatles who unsuccessfully auditioned with Decca records. What aspect of their music was considered so detrimental to their future career that they were passed over?

Answer: Their focus on guitars in the lineup

While Pete Best was indeed dismissed from the band partially at the request of their eventual label EMI for failing to meet the same performing standard as the other three members, this was not the primary factor in the Beatles' failure to succeed at the Decca audition.

Instead, their lineup of lead guitar, rhythm guitar, bass guitar and drums was considered too old-fashioned and they were passed over for the Tremeloes, a band already using the lineup that would become the standard for many bands in the 1970s and 1980s - guitar, bass, keyboard and drums.

The Tremeloes were still a success for Decca - just not as famous as the Beatles.
10. Allegedly, Oscar statuettes are quite valuable and collectible and fetch high values at auctions. If you wanted to invest your entertainment dollars into one of these statues as a display piece, which of the following Best Picture awards should you try to bid for? (All were actually awarded to the movie stated in the listed year)

Answer: 1941's "Rebecca"

In order to stop Academy Award statues from being sold as collector pieces, all winners from 1950 onward has to sign a contract that they would not be allowed to sell them unless first offering them back to the Academy for a symbolic price and that this stipulation would also apply to any heirs.

The clause was tested when the grandson of award winner Michael Todd tried to sell the statuette that had come into his possession and was thwarted by a successful legal injunction on part of the Academy.

However, pre-1950 awards are fair game for collectors with sufficiently deep pockets.
Source: Author WesleyCrusher

This quiz was reviewed by FunTrivia editor kyleisalive before going online.
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