Six Flags

Last updated
Six Flags Entertainment Corporation
Company type Public
Industry Theme parks
Predecessors
FoundedJuly 2, 2024;17 days ago (2024-07-02)
Headquarters Charlotte, North Carolina, U.S.
Number of locations
42
Area served
  • United States
  • Mexico
  • Canada
Key people
Richard Zimmerman (president & CEO)
Selim Bassoul (chairman)
Revenue
  • Decrease2.svg US$1,358,236,000 (2022) [1]
  • US$1,496,905,000 (2021) [2]
  • Decrease2.svg US$108,928,000(2022) [1]
  • US$129,923,000 (2021) [2]
Number of employees
1,450 full-time; 40,000 seasonal (2022) [3]
Website sixflags.com

Six Flags Entertainment Corporation, or simply Six Flags, is an American amusement park corporation headquartered in Charlotte, North Carolina, United States. It was formed on July 2, 2024, following a merger between longtime rivals Cedar Fair and the former Six Flags company. The combined company owns and operates 51 properties throughout North America, including amusement parks, water parks, and resorts.

Contents

History

Pre-merger

Six Flags

Six Flags Theme Parks originated in 1957 with the creation of The Great Southwest Corporation by Angus G. Wynne and other investors, who would go on to open the chain's original park, Six Flags Over Texas, in August 1961. After the Pennsylvania Railroad gained a controlling stake in the company's shares, a handful of new park were constructed and multiple independent parks purchased over the following two decades. Following the acquisition of Marriott Corporation's Great America theme park in 1984, Six Flags acquired the rights to feature Warner Bros.' Looney Tunes animated characters at their properties; Time Warner 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-based real estate firm and theme park chain – on April 1, 1998, for $1.86 billion. [4] 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 2000's, Six Flags began to suffer from growing debt and organizational bloat, eventually first resorting to selling off its European parks 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 a proxy 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. Weighed down by the financial crisis of 2007–2008 and the New York Stock Exchange's decision to delist their stock, Six Flags filed for Chapter 11 bankruptcy 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 from New York City to Grand Prairie, Texas and allowing lenders to control 92% of the company in exchange for canceling $1.13 billion in debt. [5]

Jim Reid-Anderson was instated as chairman, president and chief 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 cancelled Six Flags Dubai was revived in 2014 before being called off again in 2018. Six Flags Zhejiang and Six Flags Chongqing both began construction in China 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. The COVID-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. [6] The initiative and various comments made by Bassoul proved controversial with shareholders, and was abandoned in November 2022 after park attendance plummeted by 33%. [7] [8] [9] [10]

Cedar Fair

Merger

Previous unsuccessful attempts had been made to assimilate Cedar Fair in the decade leading up to the merger. One such deal with Apollo Global Management fell apart in April 2010 [11] 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. [12] [13] 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. [14] [15]

Properties

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

NameLocationYear openedYear acquiredNotes
California's Great America Santa Clara, California 19762006A seasonal amusement park acquired by Cedar Fair in 2006 during the purchase of Paramount Parks.
Canada's Wonderland Vaughan, Ontario 19812006The most visited seasonal amusement park in North America, acquired by Cedar Fair in 2006 during the purchase of Paramount Parks.
Carowinds Charlotte, North Carolina 19732006A seasonal amusement park acquired by Cedar Fair in 2006 during the purchase of Paramount Parks.
Cedar Point Sandusky, Ohio 1870Once the flagship of the Cedar Fair chain, it is one of the oldest Six Flags parks.
Dorney Park & Wildwater Kingdom Allentown, Pennsylvania 18841992A seasonal amusement park acquired by Cedar Fair in 1992.[ citation needed ]
Frontier City Oklahoma City, Oklahoma 19582018An original Six Flags property during the Premier Parks era. Owned by EPR Properties; operated by Six Flags since 2018.
Kings Dominion Doswell, Virginia 19752006A seasonal amusement park acquired by Cedar Fair in 2006 during the purchase of Paramount Parks.
Kings Island Mason, Ohio 19722006A seasonal amusement park acquired by Cedar Fair in 2006 during the purchase of Paramount Parks.
Knott's Berry Farm Buena Park, California 19201997Originally acquired by Cedar Fair from the Knott Family in 1997, the year-round park is the most-visited park in the chain.[ citation needed ]
La Ronde Montréal, Quebec 19672001Built for Expo 67. Emphyteutic lease from the City of Montréal through 2065.
Michigan's Adventure Muskegon, Michigan 19562001A seasonal amusement park acquired by Cedar Fair in 2001.[ citation needed ]
Six Flags America Largo, Maryland 19731999Acquired in Premier Parks deal. Formerly known as Adventure World, and before that Wild World.
Six Flags Darien Lake Darien, New York 19812018Owned by Six Flags from 1999 to 2007. Owned by EPR Properties; operated by Six Flags since 2018.
Six Flags Discovery Kingdom Vallejo, California 19681997Acquired in Premier Parks deal. Initially re-branded as Six Flags Marine World, it received its current name in 2007.
Six Flags Fiesta Texas San Antonio, Texas 19921998Originally owned by USAA and managed by Gaylord Entertainment from 1992 to 1995. Six Flags took over park management in 1996 and the park was purchased mid-season 1998.
Six Flags Great Adventure Jackson, New Jersey 19741977Safari Off-Road Adventure is attached to the park, making Great Adventure the second-largest theme park in the world.
Six Flags Great America Gurnee, Illinois 19761984Acquired from Marriott Corporation. By acquiring this park, Six Flags gained the rights to the Warner Bros. licenses. Purchase price $114.5M [16]
Six Flags Great Escape and Hurricane Harbor Queensbury, New York 19541996Acquired in Premier Parks deal. Originally known as Storytown USA until 1982.
Six Flags Magic Mountain Valencia, California 19711979Acquired from Newhall Land and Farming Company. Purchase price $51M [17]
Six Flags México Mexico City, Mexico 19821999Acquired from Reino Aventura. Purchase price $59M [18]
Six Flags New England Agawam, Massachusetts 18701997One of the two oldest parks in the chain, predating the founding of the first Six Flags Park by nearly a century. Acquired in Premier Parks deal, formerly Riverside Park.
Six Flags Over Georgia Austell, Georgia 1967Built by Six Flags, the second of three locations. The park is partially owned by a limited partnership and is managed and operated by Six Flags.
Six Flags Over Texas Arlington, Texas 1961Built by Six Flags, the first location. The park is partially owned by a limited partnership and is managed and operated by Six Flags.
Six Flags St. Louis Eureka, Missouri 1971Built by Six Flags, the last of three locations and the only one completely owned by Six Flags. Originally opened as Six Flags Over Mid-America.
Valleyfair Shakopee, Minnesota 19761978A seasonal amusement park acquired by Cedar Fair in 1978 that led to Cedar Fair's formation in 1983.[ citation needed ]
Worlds of Fun Kansas City, Missouri 19731995A seasonal amusement park acquired by Cedar Fair in 1995. [19]

Water parks

Outdoor

NameLocationYear openedYear acquiredNotes
Located in amusement parks
Carolina Harbor Charlotte, North Carolina 19822006Located within Carowinds.
Oceans of Fun Kansas City, Missouri 19821995Located adjacent to Worlds of Fun. In 2013, the water park became included with admission to Worlds of Fun. [20]
Six Flags Hurricane Harbor Queensbury, New York 19951996Located within Six Flags Great Escape. Was originally known as Splashwater Kingdom until 2019.
Six Flags Hurricane Harbor Maryland Largo, Maryland 19821992Located within Six Flags America. Renamed to Hurricane Harbor Maryland in 2023. [21]
Six Flags Hurricane Harbor Darien, New York 20102018Located within Six Flags Darien Lake.
Six Flags Hurricane Harbor Agawam, Massachusetts 19971998Located within Six Flags New England.
Six Flags Hurricane Harbor Austell, Georgia 2014Located within Six Flags Over Georgia.
Six Flags Hurricane Harbor Eureka, Missouri 1999Located within Six Flags St. Louis.
Soak City Doswell, Virginia 19922006Located within Kings Dominion.
Soak City Mason, Ohio 19892006Located within Kings Island.
Soak City Shakopee, Minnesota 1983 as Liquid LightningLocated within Valleyfair.
South Bay Shores Santa Clara, California 20042006Located within California's Great America.
Splash Works Vaughan, Ontario 19922006Located within Canada's Wonderland.
WildWater Adventure Muskegon, Michigan 19912001Located within Michigan's Adventure.
Separate admission or property
Cedar Point Shores Sandusky, Ohio 1988Located adjacent to Cedar Point.
Knott's Soak City Buena Park, California 2000Located adjacent to Knott's Berry Farm, Opened under the name, Soak City U.S.A., a legacy Cedar Fair park.
Schlitterbahn Galveston Galveston, Texas 20062019Purchased by Cedar Fair in 2019 from the Henry family.
Schlitterbahn New Braunfels New Braunfels, Texas 19792019Purchased by Cedar Fair in 2019 from the Henry family.
Six Flags Hurricane Harbor Los Angeles Valencia, California 1995Located adjacent to Six Flags Magic Mountain.
Six Flags Hurricane Harbor Arlington Arlington, Texas 19831995Acquired from Wet 'n Wild. Located across Interstate 30 from Six Flags Over Texas.
Six Flags Hurricane Harbor New Jersey Jackson, New Jersey 2000Located adjacent to Six Flags Great Adventure.
Six Flags Hurricane Harbor Oaxtepec Oaxtepec, Mexico 20172016Reopened in the former Parque Acuatico Oaxtepec location. One hour from Six Flags Mexico.
Six Flags Hurricane Harbor Concord Concord, California 19952017This water park was built by Premier Parks prior to its purchase of Six Flags. It was sold to PARC Management in the 2007 property sell-off. On April 27, 2017, Six Flags announced it had entered into an agreement with EPR Properties to manage the park. On February 22, 2018, Six Flags announced that the park would be renamed from Waterworld Concord to Six Flags Hurricane Harbor Concord. [22] Located about 15 miles from Six Flags Discovery Kingdom.
Six Flags Hurricane Harbor Phoenix Phoenix, Arizona 20092018Owned by EPR Properties; operated by Six Flags.
Six Flags Hurricane Harbor SplashTown Spring, Texas 19842018Owned by EPR Properties; operated by Six Flags.
Six Flags White Water Marietta, Georgia 19831999Located about 15 miles from Six Flags Over Georgia.
Six Flags Hurricane Harbor Oklahoma City Oklahoma City, Oklahoma 19812018Located about 15 miles from Frontier City, the park is owned by EPR Properties and is operated by Six Flags.
Six Flags Hurricane Harbor Rockford Cherry Valley, Illinois 19842019Owned by Rockford Park District, operated by Six Flags under a ten-year lease agreement beginning April 1, 2019.
Six Flags Hurricane Harbor Chicago Gurnee, Illinois 2005Located adjacent to Six Flags Great America. It became a separate gate from Great America, making it the company's 27th amusement park and was rebranded to Hurricane Harbor Chicago in 2021. [23]
Six Flags Hurricane Harbor San Antonio San Antonio, Texas 19921998Located 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. [24]

Indoor

NameLocationYear OpenedYear AcquiredNotes
Castaway Bay Sandusky, Ohio 2004Located about a mile from Cedar Point, a legacy Cedar Fair park.
Six Flags Great Escape Lodge & Indoor Waterpark Queensbury, New York 2006Located across from Great Escape, includes a resort. Water park is named Six Flags White Water Bay.

Upcoming properties

Amusement parks

NameLocationYear OpeningYear AcquiredNotesSource
Six Flags Qiddiya Riyadh, Saudi Arabia 2025 (expected) [25] 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. [26]

Former and abandoned properties

These properties are listed in alphabetical order by the final name of the park while under Six Flags (or Cedar Fair) control.

North America

ParkLocationYear openedFateYear closed/SoldNotes
Admiral St. Louis, Missouri 1987Closed/Sold1987The Admiral was a excursion steamboat that had previously operated on the Mississippi River that was re-purposed by Six Flags and opened as an entertainment center in 1987, featuring several music venues, a restaurant, and the "Birdland Theater," a set of 14 animated, mechanical birds that played music. The venture missed a payment on its electricity bill in November of that year and was subsequently closed and later renovated into a floating casino. [27]
American Adventures Marietta, Georgia 1990Closed2008This park was located adjacent to Six Flags White Water, and was marketed to families with young children. The park retained the same name throughout its entire lifespan, due to it being far smaller than the average Six Flags park.

In June 2008, Six Flags leased the park to Zuma Holdings, who then separated the park from White Water.

In February 2010, the park announced that it would close until further notice, citing “Reasons beyond our control”. The park's permanent closure was soon confirmed in March.

After the park's closure, Six Flags purchased back the lease and now uses the site as an employee area. The park sat abandoned until the removal of the rides in 2017.

Six Flags Worlds of Adventure Aurora, Ohio 1887Sold2004Geauga Lake park was purchased by Premier Parks in 1995 prior to its purchase of the entire Six Flags chain. Re-branded as Six Flags Ohio for its opening season in 2000. It was then renamed Six Flags Worlds of Adventure when Six Flags annexed the adjacent SeaWorld Ohio marine park in 2001.

In 2004, the entire property was sold to competing amusement park operator Cedar Fair. The park was closed after the 2007 season, but the attached water park remained open until the end of the 2016 season.

Movieland Wax Museum Buena Park, California 1962Sold1985Six Flags purchased this wax museum in 1970.

The company sold the venue in 1985, and later sold all of its holdings and moved many of the sets and wax figures to California, but sold the original clothing and props to the American Musical Academy of Arts Association.

The venue eventually closed down on October 31, 2005, figures and props were auctioned off in 2006, and the building was demolished in 2016.

Six Flags AstroWorld Houston, Texas 1968Closed2005Acquired in 1974. The park closed on October 30, 2005, and was demolished between late 2005 and 2006.
Six Flags Atlantis Hollywood, Florida 1982 Destroyed 1989Six Flags purchased this water park in 1984.

Six Flags sold off the property in 1989 and was renamed to "Atlantis the Water Kingdom" by the new owners.

It was closed in 1992 after the events of Hurricane Andrew and was demolished in 1994.

Six Flags AutoWorld Flint, Michigan 1984Closed1985This indoor entertainment venue closed after only six months by its investors.

The park did reopen under new ownership, but only operated scarcely until 1994, when it was closed permanently and was demolished in 1997.

Six Flags Elitch Gardens Denver, Colorado 1995Sold2007This park was owned by Premier Parks when it purchased the Six Flags chain. It was sold to PARC Management in the 2007 property sell-off.
Six Flags Kentucky Kingdom Louisville, Kentucky 1987Lease ended2010This park was purchased by Premier Parks in 1997 prior to its purchase of the entire Six Flags chain.

In February 2010, Six Flags announced it would close the park due to a dispute with the Kentucky State Fair Board, from which Six Flags leased much of the park's land area and attractions. [28]

In 2014, Kentucky Kingdom reopened under new management. Herschend Family Entertainment, who operate and are part owners of Dollywood, took over management of Kentucky Kingdom in 2021.

Six Flags New Orleans New Orleans, Louisiana 2000 Destroyed 2005Originally opened as Jazzland, this park was bought in 2002 and re-branded as Six Flags New Orleans in 2003.

It was closed after severe damage from Hurricane Katrina in 2005. The city of New Orleans sued Six Flags in 2009 for not making progress to re-open and for not making required lease payments; [29]

Ultimately, the site was turned over to the city along with a cash payment. [30] In 2011, the city made plans to auction the site and all remaining rides and equipment. [31]

Six Flags Power Plant Baltimore, Maryland 1985Closed1987Located in the Inner Harbor district of Baltimore, this was Six Flags' second attempt at an indoor amusement park after AutoWorld, but it only operated for one and a half years; the attached nightclub P.T. Flagg's lasted until 1990.

The site of the park was redeveloped into a Hard Rock Cafe, Barnes & Noble (closed 2020), Gold's Gym (closed 2010) and the world's first ESPN Zone location (closed 2010 and replaced by Phillips Seafood).

Six Flags Stars Hall of Fame Orlando, Florida 1975Sold
(Closed by purchaser)
1984This wax museum was located near SeaWorld Orlando. It was acquired by Harcourt Brace Jovanovich alongside SeaWorld, but was closed almost immediately after the sale.
Six Flags Waterworld Houston, Texas 1983Closed2005This water park was adjacent to Six Flags AstroWorld.

Much like AstroWorld, Waterworld was closed and demolished in 2005–06.

Wild Waves and Enchanted Village Federal Way, Washington 1977Sold2007This combination water park and amusement park was sold in 2007 and is currently owned by Premier Parks, LLC.
Wyandot Lake Columbus, Ohio 1896Lease ended2006Was purchased by Premier Parks in 1995 prior to its purchase of the entire Six Flags chain.

The property was sold to the adjacent Columbus Zoo and Aquarium in 2006 and reopened under zoo management on May 26, 2008, as Zoombezi Bay.

Europe

These parks were all sold to StarParks in 2004, unless noted.

NameLocationYear OpenedYear AcquiredNotes
Bellewaerde Park Ypres, Belgium 19542004Acquired in Walibi SA purchase in 1998.

The park is currently owned by Compagnie des Alpes as simply Bellewaerde.

Six Flags Belgium Wavre, Belgium19752004Acquired as Walibi Wavre in Walibi SA purchase in 1998, and was renamed Six Flags Belgium in 2001.

It was renamed Walibi Belgium following its sale, and is currently owned by Compagnie des Alpes.

Six Flags Holland Biddinghuizen, Netherlands 19712004Acquired as Walibi Flevo in Walibi SA purchase in 1998, and was renamed Six Flags Holland in 2000.

It was renamed Walibi World following its sale, and is currently owned by Compagnie des Alpes as Walibi Holland.

Warner Bros. Movie World Germany Bottrop, Germany 19672004Acquired following Premier Parks' purchase of Six Flags and Warner Bros.' European park chain from Time Warner in 1999.

Following its sale, the Warner Bros. license was not included, and the park was renamed Movie Park Germany in 2005, featuring themes from other movie companies. The park is currently owned and operated by Parques Reunidos.

Warner Bros. Movie World Madrid/Warner Bros. Park Madrid Madrid, Spain 20022004Acquired following Premier Parks' purchase of Six Flags and Warner Bros.' European park chain from Time Warner in 1999, although the park was not yet built during the purchase. It was operated by Six Flags, but the company only owned a 5% minority stake in the park, with the rest being owned by various Spanish shareholders.

Following Six Flags' European park sale to StarParks, Warner Bros. Park was not affected, and by November 2004, Six Flags' contract to operate the park was terminated, and so began to be run by its management, with the park renaming itself to Parque Warner Madrid in 2006. The park is currently owned and operated by Parques Reunidos, with Warner Bros. holding a 5% minority stake.

Walibi Aquitaine Bordeaux, France 19922004Acquired in Walibi SA purchase in 1998.

The park was later sold to Compagnie des Alpes and was renamed Walibi Sud-Ouest (Walibi South-West) in 2010. The park is currently owned by Aspro Parks as Walygator Sud-Ouest.

Walibi Lorraine Metz, France19892004Acquired as Walibi Schtroumpf in Walibi SA purchase in 1998, and was renamed Walibi Lorraine in 2003 following the expiration of The Smurfs license.

The park was sold by StarParks to Claude and Didier Le Douarin in 2006, who renamed it as Walygator Parc in 2007. Currently, the park is owned by Aspro Parks as Walygator Grand-Est.

Walibi Rhône-Alpes Lyon, France19792004Acquired in Walibi SA purchase in 1998.

The park is currently owned by Compagnie des Alpes.

Cancelled parks

ParkLocationYear planned to openYear canceledNotes
Six Flags Entertainment Village Gurnee, Illinois 2000s1999An entertainment complex that would have included a water park, hotel, shopping mall and stadium. [32] This was later canceled in 1999 due to resident opposition, and had never went past the development phase. [33]
Six Flags Chongqing Bishan, China 2020s2020Planned to be the second Six Flags-branded theme park in China. [34] [35] Following Riverside's financial turmoil, Six Flags ended its licensing agreement. [36]
Six Flags Kids World ChongqingBishan, China2020s2020A Six Flags theme park designed especially for families with young children. Located adjacent to Six Flags Chongqing. [37] [35]
Six Flags Adventure Park ChongqingBishan, China2020s2020Adjoins the Six Flags Chongqing complex. [37] [35]
Six Flags Dubai Dubai, UAE 20112019Located in the second phase of Dubai Parks and Resorts, it was in development for more than ten years and was originally scheduled to open in 2011 and then 2019. However, the developer had financial issues and the project was canceled. [38]
Six Flags Nanjing Nanjing, China 2020s2020This would have been the third Six Flags theme park in China. Following Riverside's financial turmoil, Six Flags ended its licensing agreement. [36] [39]
Six Flags Kids World NanjingNanjing, China2020s2020Six Flags theme park designed especially for families with young children. 4th park announced in Six Flags Nanjing complex. [40] [35]
Six Flags Adventure Park NanjingNanjing, China2020s2020Adjoining the Six Flags Nanjing complex [39] [35]
Six Flags Hurricane Harbor NanjingNanjing, China2020s2020Part of four park Six Flags Nanjing complex [39]
Six Flags Zhejiang Haiyan, China 2020s2020Was planned to be the first Six Flags theme park in China in partnership with Riverside Group. [41] Following Riverside's financial turmoil, Six Flags ended its licensing agreement. [36] The park was renamed as "Hangzhou Bay Sunac Tourism City" by its new owners Sunac, and construction has been delayed. It is unknown whether the park will open at a later date.[ citation needed ]
Six Flags Hurricane Harbor Zhejiang Haiyan, China 2020s2020Was rebranded as the Sunac Water Park by Sunac after Six Flags ended its agreement with Riverside Investment, and opened in June 2021. [42]
Six Flags Kids World ZhejiangHaiyan, China2020s2020Six Flags theme park designed especially for families with young children. Located adjacent to Six Flags Zhejiang [37] [35]

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<span class="mw-page-title-main">Six Flags Fright Fest</span> Annual Halloween-oriented haunt event

Fright Fest is a Halloween-oriented haunt event held annually at Six Flags theme parks in the United States, Canada, and Mexico. It mainly features haunted attractions, themed areas named Scare Zones, and live entertainment.

<span class="mw-page-title-main">Prologis</span> American real estate company

Prologis, Inc. is a real estate investment trust headquartered in San Francisco, California that invests in logistics facilities. The company was formed through the merger of AMB Property Corporation and Prologis in June 2011, which made Prologis the largest industrial real estate company in the world. As of December 2022, the company owned 5,495 buildings comprising about 1.2 billion square feet in 19 countries across North America, Latin America, Europe, and Asia. According to The Economist, its business strategy is focused on warehouses that are located close to huge urban areas where land is scarce. It serves about 6,600 tenants. Prologis began to expand its non-real estate business, Essentials, in 2022, offering customers solar power, racking systems, forklifts, generators, EV charging infrastructure, and other logistics tech equipment for purchase.

Hangzhou Bay Sunac Tourism City is a theme park and entertainment complex under construction in Jiaxing, Zhejiang, China, about 45 miles from downtown Shanghai. It was announced by the Six Flags Entertainment Corporation in 2015 as part of the company's bid to open multiple parks in China. In February 2020, Six Flags dropped out of the project when their partner, Riverside Investment Group, encountered was unable to meet their financial obligations. In June 2020, Sunac China Holdings took over the project and opened the Sunac Water Park in June 2021. The complex is projected to open in stages, with the rebranded Sunac Land theme park to open in 2024, and the rest of the project to be completed by 2025. However, construction delays may postpone the openings.

Warner Bros. Discovery Global Brands and Experiences is one of Warner Bros. Discovery's major business segments and divisions. It was founded in September 2018.

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