Six Flags announces partnership to build amusement parks in China
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Six Flags Entertainment Corporation (NYSE:SIX) and Riverside Investment Group Co. Ltd., a real estate developer in China, announced today a new strategic partnership to build multiple Six Flags-branded theme parks in China over the next decade.
Read more from The Wall Street Journal and the press release from Six Flags.
I'm curious if SF will be developing the parks or if they are merely licensing the brand. The press release is ambiguous (and I can't access the WSJ story).
If SF is developing the parks themselves, it will be interesting to see (1) what type of attractions make it into the starting lineup at these parks and (2) if they are all cloned properties.
I wonder how long it has been since Six Flags actually built a park. 70's?
I'm pretty sure the only parks Six Flags ever built were Six Flags Over Texas, Over Georgia and Over Mid-America (now St Louis). Every other park was acquired.
Life is something that happens when you can't get to sleep.
--Fran Lebowitz
Does Warner Bros Movie World count Madrid count?
That's the only thing I could think of.
According to my research, WBMW Madrid was managed by Six Flags (for two years), which held a small stake in the company. In my (admittedly odd) mind, the major stakeholders 'built' the park and hired Six Flags to manage the operation.
Life is something that happens when you can't get to sleep.
--Fran Lebowitz
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