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Six Flags

From Wikipedia, the free encyclopedia
American amusement park owner and operator
This article is about the current company following the 2024 merger of Six Flags and Cedar Fair. For the prior history, seeSix Flags (1961–2024). For Cedar Fair's history, seeCedar Fair.
Six Flags Entertainment Corporation
Company typePublic
IndustryTheme parks
Predecessors
FoundedJuly 2, 2024; 16 months ago (2024-07-02)
HeadquartersCharlotte, North Carolina, U.S.
Number of locations
41
Area served
Key people
Selim Bassoul
(executive chairman)
Richard Zimmerman
(president and CEO)
Number of employees
5,000 full-time, 93,000 seasonal and part-time (2024)[2]
Websitesixflags.com

Six Flags Entertainment Corporation is an Americanamusement park company headquartered inCharlotte, North Carolina, United States. It was formed on July 2, 2024, following a merger between longtime rivalsCedar Fair and theformer Six Flags company. The combined company owns and operates 41 properties throughoutNorth America, including amusement parks,water parks, andresorts.

History

[edit]

Pre-merger

[edit]
Main article:Six Flags (1961–2024)

Six Flags Theme Parks originated with the creation of TheGreat Southwest Corporation byAngus G. Wynne and other investors, who would go on to open the chain's original park,Six Flags Over Texas, in August 1961. After thePennsylvania Railroad gained a controlling stake in the company's shares, a handful of new parks were constructed, and multiple independently-owned parks were purchased over the following two decades. Following the acquisition ofMarriott Corporation'sGreat America theme park inGurnee, Illinois, in 1984, Six Flags acquired the rights to featureWarner Bros.'Looney Tunes animated characters at their properties;Time Warner (nowWarner Bros. Discovery) subsequently purchased much of the company and was its sole owner from 1993 to 1995. Six Flags Theme Parks, Inc. was later bought out by Premier Parks – an Oklahoma-basedreal estate firm and theme park chain – on April 1, 1998, for $1.86 billion.[3] Premier began to apply the Six Flags name to several of their existing properties in North America and Europe, eventually fully assuming the brand name in 2000.

Throughout the 2000s, Six Flags began to suffer from growing debt and organizational bloat, eventually resorting to selling off assets like its European parks andWorlds of Adventure in 2004. Some of the company's largest investors grew frustrated with Six Flags and demanded change;Daniel Snyder's Red Zone, LLC successfully gained control of Six Flags' board of directors in 2005 by means of aproxy battle. New management continued to sell off various American amusement park locations throughout 2006–2007, although their cash flow continued to decrease, falling $120 million annually under Red Zone's board. Affected by the2008 financial crisis and theGreat Recession, Six Flags filed for Chapter 11bankruptcy protection in 2009 but continued to operate the parks as normal. Six Flags re-emerged as Six Flags Entertainment Corp. on May 3, 2010, moving head offices fromNew York City toGrand Prairie, Texas and allowing lenders to control 92% of the company in exchange for canceling $1.13 billion in debt.[4]

Jim Reid-Anderson was instated aschairman,president andchief executive officer (CEO) on August 13, 2010 and succeeded by Mike Spanos in late 2019. New initiatives were launched to build Six Flags theme parks in global markets; the previously cancelledSix Flags Dubai was revived in 2014 before being called off again in 2018.Six Flags Zhejiang and Six Flags Chongqing both began construction inChina before a declining real estate and the collapse of its local investment firm in 2020 forced both projects to be sold on to other developers. TheCOVID-19 pandemic also hindered Six Flags' operations during 2020, forcing many parks to remain closed for the year. Mike Spanos stepped down in 2021, allowing chairman Selim Bassoul to assume the role of CEO. Seeking reinvention, Bassoul announced a new strategy favoring guest experience over capital investments; this meant raising prices in order to lower daily park crowds, thus improving the park experience for higher-paying guests.[5] The initiative and various comments made by Bassoul proved controversial with shareholders, and was abandoned in November 2022 after park attendance plummeted by 33%.[6][7][8]

Cedar Fair

[edit]
Main article:Cedar Fair § History
This section is an excerpt fromCedar Fair § History.[edit]

Cedar Point Amusement Park began as a bathing beach resort in the 1870s, and its growing popularity as a recreational destination led to the formation of Cedar Point Pleasure Resort Company in 1887. The company was founded with the purpose of expanding the resort commercially. An economic depression in the 1890s threatened the resort's future, however. A newly formed business, Cedar Point Pleasure Resort Company of Indiana led byGeorge Arthur Boeckling, purchased Cedar Point for $256,000 in 1897. It was later reorganized as the G.A. Boeckling Company.[9]

The resort thrived under Boeckling's leadership, which lasted through 1931.[9] G.A. Boeckling Company continued to control operations at the amusement park for much of the 20th century.[9] A proposal in 1974 to build an amusement park inCambridge Township, Michigan, was contemplated and later abandoned the following year.[10] Then in 1978, Cedar Point acquiredValleyfair amusement park. Parent company Cedar Fair Limited Partnership, commonly known as Cedar Fair, was formed in 1983.[11] Its name was derived from both parks – "Cedar" representing Cedar Point and "Fair" representing Valleyfair.[12] The company went public on April 29, 1987.[11] Under Cedar Fair's leadership, Cedar Point grew to become one of the largest amusement parks in the world, and the company increased its portfolio by acquiring other amusement properties throughout the United States.[9]

Merger

[edit]

Previous unsuccessful attempts had been made to assimilateCedar Fair in the decade leading up to the merger. One such deal withApollo Global Management fell apart in April 2010.[13] On October 2, 2019,Reuters reported that Six Flags had first approached Cedar Fair with a cash-and-stock acquisition offer, although the proposal was quickly rebuffed.[14][15] In February 2022,SeaWorld Parks & Entertainment (now United Parks & Resorts) made an unsolicited all-cash bid to buy Cedar Fair for $3.4 billion; the offer was rejected two weeks later.[16][17]

Six Flags and Cedar Fair eventually merged in 2024 after announcing the pending agreement in 2023.[18] Described as a "merger of equals",[18] the combined company retained the Six Flags name, formed a net worth of $8 billion, and created a portfolio of 27 amusement parks, 15 water parks, and 9 resort properties.[19] The transition resulted in Cedar Fair stakeholders becoming majority owners, with "unitholders" owning a 51% stake in the new company.[18] President and CEO of Cedar Fair, Richard Zimmerman, became President and CEO of the new combined company, while Selim Bassoul, former President and CEO of Six Flags, became the executive chairman of the company's board of directors.[18] The combined company's new headquarters was relocated toCharlotte, North Carolina, with significant administrative and financial operations being located at Cedar Fair's former headquarters inSandusky, Ohio.[19] The merger was completed on July 1, 2024.[20]

On May 1, 2025, Six Flags announced that theSix Flags America andHurricane Harbor Maryland park complex inWoodmore, Maryland, would close at the end of the 2025 season on November 2, 2025.[21] The announcement came after the first quarterly earnings meeting with the company in late 2024, where they outlined plans for a portfolio optimization in the company, which may include closing or selling off some of its locations.[22] On August 6, 2025, Six Flags announced that Richard Zimmerman would step down from his current position as CEO and president of the company. He would retain his current position until a successor is found, in which they will consider candidates both internally and externally.[23] Zimmerman will still remain as a director on the company's board.[24]

On November 24, 2025, Six Flags announced that John Reilly, a former executive atPalace Entertainment,Parques Reunidos, andSeaWorld Entertainment, would assume the CEO position effective December 8, 2025.[25]

Properties

[edit]

Year acquired lists the year the property was acquired by the property's previous respective owner among the current company's two predecessors.

Amusement parks

[edit]

  Ex-Cedar Fair properties     Ex–Six Flags (1961–2024) properties

NameLocationYear openedYear acquiredNotesRoller coasters
California's Great AmericaSanta Clara, California19762006Acquired by Cedar Fair following thepurchase of Paramount Parks. The park is planned to close no later than 2033 after the sale of its land in 2022.[26]9
Canada's WonderlandVaughan,Ontario19812006Acquired by Cedar Fair following thepurchase of Paramount Parks.18
CarowindsCharlotte, North Carolina19732006Acquired by Cedar Fair following thepurchase of Paramount Parks.13
Cedar PointSandusky, Ohio1870Flagship park and the oldest park in the chain.18
Dorney ParkAllentown, Pennsylvania18841992Acquired by Cedar Fair in 1992.[27]8
Frontier CityOklahoma City, Oklahoma19581981
2018
Acquired by theTierco Group (later Premier Parks, LLC) in 1981. It was initially sold in January 2007 to PARC Management and CNL Income Properties, but Six Flags re-acquired its operations lease in 2018. The park has been owned byEPR Properties since November 2016.5
Kings DominionDoswell, Virginia19752006Acquired by Cedar Fair following thepurchase of Paramount Parks.13
Kings IslandMason, Ohio19722006Acquired by Cedar Fair following thepurchase of Paramount Parks.15
Knott's Berry FarmBuena Park, California19201997Acquired by Cedar Fair from the Knott Family in 1997.[28]10
La RondeMontréal,Quebec19672001Built forExpo 67, with Six Flags Theme Park Inc. purchasing a 65-yearEmphyteutic lease from the City ofMontréal in 2001.8
Michigan's AdventureMuskegon, Michigan19562001Acquired by Cedar Fair in 2001.7
Six Flags Darien LakeDarien, New York19811995
2018
Acquired byPremier Parks in 1995. It was initially sold in January 2007 to PARC Management and CNL Income Properties, but Six Flags re-acquired its operations lease in 2018. The park has been owned byEPR Properties since November 2016.8
Six Flags Discovery KingdomVallejo, California19681997 (lease)
2007 (full ownership)
Operations lease was sold toPremier Parks by the City of Vallejo in 1997. It was originally named Marine World and later Six Flags Marine World; receiving its current name in 2007, of which Six Flags Theme Parks Inc. fully purchased the park from the city.10
Six Flags Fiesta TexasSan Antonio,Texas19921996 (lease)
1998 (full ownership)
Six Flags Theme Parks Inc. acquired the park's operations lease fromGaylord Entertainment in 1996 and Premier Parks took over full ownership fromUSAA in mid-1998.11
Six Flags Great AdventureJackson, New Jersey19741977Acquired by Six Flags Theme Parks Inc. in 1977. Since 2012,Six Flags Wild Safari Adventure has been attached to the park.13
Six Flags Great AmericaGurnee, Illinois19761984Acquired by Six Flags Theme Parks Inc. from theMarriott Corporation in 1984. By acquiring this park, Six Flags gained the rights to theWarner Bros. licenses.[29]16
Six Flags Great EscapeQueensbury, New York19541996Acquired byPremier Parks in 1996. Until 2022, the park did not have the "Six Flags" brand in its name; and before the Premier purchase, the park was known as Storytown USA.6
Six Flags Magic MountainValencia, California19711979Acquired by Six Flags Theme Parks Inc. from theNewhall Land and Farming Company in 1979.[30]19
Six Flags MéxicoMexico City, Mexico19821999Acquired byPremier Parks in 1999 and formerly known asReino Aventura.[31]9
Six Flags New EnglandAgawam, Massachusetts18701997One of the two oldest parks in the chain. It was acquired byPremier Parks in 1996 and renamed in 2000. It was formerly known as Riverside Park.11
Six Flags Over GeorgiaAustell, Georgia1967The park is majority owned by a limited partnership, managed and operated by Six Flags Entertainment Corp., of which they will take full ownership by January 2027.12
Six Flags Over TexasArlington, Texas1961The first theme park built by Six Flags Inc. The park is partly owned by alimited partnership and is majority-owned, managed, and operated by Six Flags Entertainment Corp. The company has the option to buy out the partners in 2028, notification of exercising the option is required by December 31, 2025.13
Six Flags St. LouisEureka, Missouri1971Formerly known as Six Flags Over Mid-America10
ValleyfairShakopee, Minnesota19761978Acquired by Cedar Point in 1978, which led to the formation of Cedar Fair in 1983.[32]8
Worlds of FunKansas City, Missouri19731995Acquired by Cedar Fair in 1995.[33]8

Water parks

[edit]

Outdoor

[edit]
NameLocationYear openedYear acquiredNotes
Located in amusement parks
Carolina HarborCharlotte, North Carolina19822006Located within the grounds ofCarowinds. It was acquired by the company following thepurchase of Paramount Parks. The park originally opened as Ocean Island and was renamed Riptide Reef, WaterWorks and Boomerang Bay throughout its existence.
Oceans of FunKansas City, Missouri19821995Located adjacent toWorlds of Fun. It was acquired by the company in 1995. Originally a separately operated park, it became included with admission to Worlds of Fun in 2013.[34]
Six Flags Hurricane HarborQueensbury, New York19951996Located within the grounds ofSix Flags Great Escape, initially opening as Splashwater Kingdom. It was acquired with the park byPremier Parks in 1996.
Six Flags Hurricane Harbor Darien LakeDarien, New York19902018Located within the grounds ofSix Flags Darien Lake, and was initially acquired with its main park byPremier Parks in 1995. It was initially sold in January 2007 to PARC Management, but Six Flags re-acquired its operations lease in 2018 while the park has been owned by EPR Properties since 2016. Originally named Barracuda Bay and Splashtown at Darien Lake.
Six Flags Hurricane Harbor New EnglandAgawam, Massachusetts19971998Located within the grounds ofSix Flags New England. It initially opened up as Island Kingdom underPremier Parks.
Six Flags Hurricane HarborAustell, Georgia2014Located within the grounds ofSix Flags Over Georgia. It is a smaller alternative to the nearby Six Flags White Water.
Six Flags Hurricane HarborEureka, Missouri1999Located adjacent toSix Flags St. Louis.
Soak CityDoswell, Virginia19922006Located within the grounds ofKings Dominion. It was acquired by the company following thepurchase of Paramount Parks. The park originally opened as Hurricane Reef and was later known as WaterWorks.
Soak CityMason, Ohio19892006Located adjacent toKings Island. It was acquired by the company following thepurchase of Paramount Parks. The park originally opened as WaterWorks, and then renamedCrocodile Dundee's Boomerang Bay and then solely Boomerang Bay.
Soak CityShakopee, Minnesota1983Located within the grounds ofValleyfair. Formerly known as Liquid Lightning and later Whitewater Country.
South Bay ShoresSanta Clara, California20042006Located within the grounds ofCalifornia's Great America. It was acquired by the company following thepurchase of Paramount Parks. The park originally opened asCrocodile Dundee's Boomerang Bay and then was renamed to solely Boomerang Bay.
Splash WorksVaughan,Ontario19922006Located adjacent toCanada's Wonderland. It was acquired by the company following thepurchase of Paramount Parks.
WildWater AdventureMuskegon, Michigan19912001Located adjacent toMichigan's Adventure. It was acquired by the company alongside the park in 2001.
Wildwater KingdomAllentown, Pennsylvania19851992Acquired by Cedar Fair in 1992.[27] Located on the property ofDorney Park.
Wild West Water WorksOklahoma City, Oklahoma20172018Located within the grounds ofFrontier City. Initially opened as a water play structure of the same name in 2012 and was turned into a water park in 2017 with the opening of three water slides. Six Flags purchased the operations lease in 2018 with the park itself. It is owned by EPR Properties.
Separate admission or property
Cedar Point ShoresSandusky, Ohio1988Located adjacent to Cedar Point. Previously known as Soak City until being renamed for 2017.
Knott's Soak CityBuena Park, California2000Located adjacent to Knott's Berry Farm, Opened under the name, Soak City U.S.A.
Schlitterbahn GalvestonGalveston, Texas20062019Purchased byCedar Fair in 2019 from the Henry family.
Schlitterbahn New BraunfelsNew Braunfels, Texas19792019Purchased by Cedar Fair in 2019 from the Henry family.
Six Flags Hurricane Harbor Los AngelesValencia, California1995Located adjacent to Six Flags Magic Mountain.
Six Flags Hurricane Harbor ArlingtonArlington, Texas19831995Acquired fromWet 'n Wild. Located acrossInterstate 30 from Six Flags Over Texas.
Six Flags Hurricane Harbor New JerseyJackson, New Jersey2000Located adjacent to Six Flags Great Adventure.
Six Flags Hurricane Harbor OaxtepecOaxtepec, Mexico20172016Reopened in the former Parque Acuatico Oaxtepec location. Located one hour from Six Flags Mexico.
Six Flags Hurricane Harbor ConcordConcord, California19952017Opened as WaterWorld USA Concord in 1995 and was acquired byPremier Parks in 1996. It was sold in January 2007 toPARC Management and CNL Lifestyle Properties, but Six Flags purchased back the operations lease in 2017.[35] It is located about 15 miles from Six Flags Discovery Kingdom and is owned byEPR Properties.
Six Flags Hurricane Harbor PhoenixPhoenix, Arizona20092018Owned by EPR Properties; operated by Six Flags.
Six Flags Hurricane Harbor SplashtownSpring, Texas19842018Acquired byPremier Parks as SplashTown USA in 1999. It was sold in January 2007 toPARC Management and CNL Lifestyle Properties, but Six Flags purchased back the operations lease in 2017. It is located a few miles nearby the defunctSix Flags AstroWorld, and is owned by EPR Properties.
Six Flags White WaterMarietta, Georgia19831999Located about 15 miles from Six Flags Over Georgia. Owned under the same limited partnership as its sister park but operated by Six Flags. Six Flags will take on full ownership of the park beginning in 2027.[36]
Six Flags Hurricane Harbor Oklahoma CityOklahoma City, Oklahoma19812018Located about 15 miles from Frontier City, the park is owned by EPR Properties and is operated by Six Flags.
Six Flags Hurricane Harbor RockfordCherry Valley, Illinois19842019Owned by theRockford Park District, operated by Six Flags under a ten-year lease agreement beginning April 1, 2019.
Six Flags Hurricane Harbor ChicagoGurnee, Illinois2005Located adjacent to Six Flags Great America. Previously known as simply Six Flags Hurricane Harbor before becoming a separate gate in 2021.
Six Flags Hurricane Harbor San AntonioSan Antonio, Texas19921998Located adjacent to Six Flags Fiesta Texas. Formerly called Ol' Waterin' Hole from 1992 to 1998, Armadillo Beach from 1999 to 2005. It was rebranded to Hurricane Harbor San Antonio and became a separate gate in 2023.[37]

Indoor

[edit]
NameLocationYear openedYear acquiredNotes
Castaway BaySandusky, Ohio2004Located inside the resort of the same name.
White Water BayQueensbury, New York2006Located inside Six Flags Great Escape Lodge.

Safari Parks

[edit]
NameLocationYear openedYear acquiredNotes
Six Flags Wild Safari AdventureJackson, New Jersey1974Located adjacent toSix Flags Great Adventure. The drive-through Safari experience was merged into park operations in 2012 as the Safari Off-Road Adventure.

Resorts

[edit]
NameLocationYear openedYear acquiredNotes
Castaway BaySandusky, Ohio2004Located about a mile fromCedar Point. Contains an indoor water park of the same name.
Six Flags Darien Lake Hotel & CampgroundDarien, New York19541995
2018
Located across fromSix Flags Darien Lake, existing prior to the park's construction. The complex contains a hotel opened in 1998, a campground with cabins, guest houses and rentable RVs; Darien Square andDarien Lake Performing Arts Center.
Six Flags Great Escape LodgeQueensbury, New York2006Located across fromSix Flags Great Escape. Contains the White Water Bay Waterpark inside the grounds.
Six Flags Savannah Sunset Resort & SpaJackson, New Jersey2024Located withinSix Flags Wild Safari Adventure inSix Flags Great Adventure.

Upcoming properties

[edit]

Amusement parks

[edit]
NameLocationYear OpeningNotesSource
Six Flags Qiddiya CityQiddiya City,Saudi Arabia2025 (expected)[38]This will be the first Six Flags-branded theme park in Saudi Arabia, and the first Six Flags park outside of North America since 2004.[39]

Former properties

[edit]
NameLocationYear openedYear closed/soldNotes
Six Flags AmericaWoodmore, Maryland19742025Acquired by theTierco Group (later Premier Parks, LLC) in 1992. Formerly known as Adventure World and Wild World. The park closed on November 2, 2025.[40]
Six Flags Hurricane Harbor MarylandWoodmore, Maryland19822025Located adjacent toSix Flags America. It was initially acquired by theTierco Group (later Premier Parks, LLC) with the park in 1992. It was originally named Paradise Island and renamed to Six Flags Hurricane Harbor in 2005, adorning the "Maryland" prefix in 2023.[41] It closed on September 6, 2025, ahead of Six Flags America's closure on November 2, 2025.[42][43][44]

Fast Lane

[edit]
Main article:Fast Lane (Six Flags)

Fast Lane is an expedited queue system in use at parks formerly associated with Cedar Fair. It was first announced for Kings Island on July 18, 2011.[45] The park served as the testing park for the system. For an increased cost, visitors get a wrist band which gives them the ability to wait in a shorter queue for most attractions. Originally, it could only be used from noon to 7:00 PM, but it was soon expanded to be available all day. Fast Lane would be rolled out to all Cedar Fair parks for the 2012 season.[46] There is also Fright Lane, which is Fast Lane for the haunted attractions during the Halloween events.[47] For the 2016 season, Cedar Fair began testing all season Fast Lane at Valleyfair and Dorney Park. By the 2019 season, all Cedar Fair parks offered all season Fast Lane.

All legacy Six Flags parks will transition to Fast Lane from The Flash Pass beginning in January 2026, ultimately retiring the Flash Pass system.[48]

The Flash Pass

[edit]

The Flash Pass is an optional, pay-per-personvirtual queue system offered at amusement parks operated by Six Flags before the merger. The system, named afterDC Comics characterThe Flash, allows guests to reserve places in line at participating attractions, and access must be purchased for a nominal fee in addition to the general park admission price. The first iteration, called Q-bot, was designed byLo-Q and was first implemented atSix Flags Over Georgia in 2001. Guests are given handheld devices, which are then used to make reservations and receive notifications when it is their turn to ride.[49] Another iteration is where guests can scan aQR code on in-park signs or through the mobile app, and guests can buy individual Flash Passes per ride or use their season pass or membership Flash Pass. This feature was adopted in 2021.[50]

A water park version of the virtual system called Q-band was first tested atSix Flags White Water in 2011.[51][52] Guests wear waterproofRFID wristbands that can be scanned at kiosks near participating water park attractions.[53]

The Flash Pass is expected to be removed by the end of the 2025 season, with all legacy Six Flags parks transitioning to theFast Lane system in 2026.[48]

See also

[edit]

References

[edit]
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  2. ^"FORM 10-K - SIX FLAGS ENTERTAINMENT CORPORATION"(PDF).
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  4. ^Church, Steven (August 21, 2009)."Six Flags Would Be Owned by Lenders Under Proposal (Update2)". Bloomberg. Archived fromthe original on July 20, 2012. RetrievedJanuary 2, 2011.
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  32. ^O'Brien, Tim (October 2015).Dick Kinzel Roller Coaster King of Cedar Point Amusement Park. Nashville, TN: Casa Flamingo Literary Arts. p. 23.ISBN 978-0-9743324-6-8.
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  37. ^Henry, Natassia (March 23, 2023)."Six Flags introduces rebranded water park".KENS. RetrievedMarch 27, 2023.
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  50. ^"The Flash Pass".gr.sfflashpass.com. Retrieved2022-08-16.
  51. ^Six Flags White Water (July 5, 2011)."World's First Water Park Virtual Queue System debuts at Six Flags White Water".Press Release. Six Flags. RetrievedFebruary 20, 2012.
  52. ^Whiterow, Philip (January 31, 2012)."Lo-Q to install Q-band system in ninth Six Flags water park". RetrievedFebruary 20, 2012.
  53. ^"Lo-Q signs new agreement with Six Flags extending to 2017".Amusement Today. November 21, 2011.Archived from the original on August 31, 2021. RetrievedAugust 31, 2021.

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