Welcome to our dedicated page for Six Flags Entertainment Corporation news (Ticker: FUN), a resource for investors and traders seeking the latest updates and insights on Six Flags Entertainment Corporation stock.
Six Flags Entertainment Corporation (NYSE: FUN) is widely covered in financial and corporate news due to its role as North America’s largest regional amusement-resort operator and its active capital markets, governance and expansion activities. This news page aggregates company-issued updates and other coverage related to Six Flags’ amusement parks, water parks, resort properties and international projects.
Recent company news highlights a variety of topics, including the pricing and closing of a private offering of 8.625% senior notes due 2032 and the planned redemption of existing senior notes due 2027, as described in press releases and corresponding Form 8-K filings. Coverage also includes strategic decisions about specific assets, such as the choice not to exercise a call option related to the partnership that holds Six Flags Over Texas, while continuing to operate and invest in that park under existing agreements.
Operational and guest-focused updates are another key theme in Six Flags news. The company issues releases on the opening of new parks and attractions, such as Six Flags Qiddiya City in Saudi Arabia, which it describes as its first theme park designed and built outside North America with 28 rides and attractions across six themed lands. Seasonal event announcements, including WinterFest, Holiday in the Park, Knott’s Merry Farm and Christmas in the Park at selected parks, showcase how Six Flags combines rides with holiday lights, live entertainment and themed food and beverage offerings.
Investors and observers can also find leadership and governance updates in the news flow, such as the appointment of John Reilly as President and Chief Executive Officer and changes to the board of directors. In addition, news items reference shareholder engagement by groups like JANA Partners and Sachem Head Capital Management LP. By following this page, readers can see how Six Flags communicates financial performance, capital structure decisions, seasonal programming and corporate governance developments over time.
Six Flags (NYSE: FUN) appointed John Reilly as President and Chief Executive Officer, effective December 8, 2025; he will also join the Six Flags Board of Directors that day. Reilly succeeds Richard A. Zimmerman, who will step down from the CEO role and the Board on December 8, 2025. The appointment concludes a board-led succession process following the merger of Six Flags and Cedar Fair.
Reilly brings more than 30 years of theme-park experience, most recently as CEO of Palace Entertainment U.S. and Group COO at Parques Reunidos, with prior roles at SeaWorld where he helped drive EBITDA growth and shareholder returns. Board leadership described the hire as aimed at optimizing operations and reinvigorating growth at underperforming parks.
JANA Partners (investor group) announced on November 13, 2025 that Dave Habiger has de-grouped from the JANA-led investor group that collectively holds an economic interest of approximately 9% in Six Flags Entertainment Corporation (NYSE: FUN). The announcement says Habiger left the group to pursue a complementary opportunity involving Six Flags.
The update only reports the change in group membership and the stated reason for his departure; no transaction, voting change, or shift in ownership percentage was disclosed.
Six Flags Entertainment (NYSE: FUN) will launch holiday events across 14 parks and four resorts beginning Nov. 15, 2025, featuring 25 million lights, seasonal entertainment, themed food, Santa meet-and-greets and limited-time attractions.
Key programs include WinterFest, Holiday in the Park, Knott's Merry Farm and Christmas in the Park with select dates from Nov. 15, 2025 through Jan. 18, 2026. Resorts will offer festive stays and promotional room rates with booking deadlines and park-specific details on each park website.
Six Flags Entertainment (NYSE: FUN) reported 2025 Q3 results with net revenues of $1.32B (down 2%) and Adjusted EBITDA of $555M (down $3M year-over-year). Attendance was 21.1M guests (up 1%) while in-park per capita spending fell to $59.08 (down 4%). The quarter included a $1.5B non-cash impairment, producing a $1.2B net loss.
Liquidity totaled $763M and net debt was $4.98B. The company updated full-year 2025 Adjusted EBITDA guidance to $780M–$805M. October preliminary results showed attendance down 11% vs. last year (but up 7% vs. 2023 combined), and 2026 season pass sales were +3% with average price +5%.
Six Flags (NYSE: FUN) will release its 2025 third-quarter results on Friday, Nov. 7, 2025. The company said management will host an investor conference call beginning at 8:00 AM EST the same day to discuss third-quarter results and the business outlook.
Management participants will include CEO Richard Zimmerman and CFO Brian Witherow. A live, listen-only audio webcast will be available on the Six Flags investor website under Investor Information > Events & Presentations, and a recorded replay will be posted after the call.
JANA Partners, Travis Kelce, Glenn Murphy, and Dave Habiger disclosed a collective investment in Six Flags Entertainment (NYSE: FUN) on October 21, 2025.
The group owns an economic interest of approximately 9% and JANA said it plans to engage with Six Flags' board and management to explore opportunities to enhance shareholder value and improve the guest experience. JANA Managing Partner Scott Ostfeld disclosed the investment at the 13D Monitor Active-Passive Investor Summit.
Six Flags (NYSE: FUN) appointed Jonathan Brudnick, partner at Sachem Head Capital, to its Board of Directors effective October 17, 2025.
Brudnick will serve as a Class III director through 2027 and join the Board’s Nominating and Corporate Governance Committee. The Board will expand from 12 to 13 directors with 11 independent members; after the announced departures of Selim Bassoul and Daniel J. Hanrahan on December 31, 2025, the Board will reduce to 11 directors, 10 independent. The company entered a cooperation agreement with Sachem Head including customary standstill, voting, and confidentiality commitments; details will be filed on Form 8-K with the SEC.
Six Flags (NYSE: FUN) announced that Executive Chairman Selim Bassoul and Lead Independent Director Daniel J. Hanrahan will step down from the Board effective Dec. 31, 2025. The Board will comprise 10 directors after their departures. Marilyn Spiegel will become non-executive Chair effective Jan. 1, 2026. Bassoul will remain as a consultant to support completion of Six Flags Qiddiya City in Saudi Arabia, which the company expects to open in the first half of 2026. The Board said a CEO search is underway as it transitions leadership post-merger.
Six Flags (NYSE: FUN) announced that Executive Chairman Selim Bassoul and Lead Independent Director Daniel J. Hanrahan will step down from the Board effective Dec. 31, 2025. Following their departures the Board will consist of 10 directors, and Marilyn Spiegel will become non-executive Chair effective Jan. 1, 2026. Bassoul will remain as a consultant to support completion of Six Flags Qiddiya City in Saudi Arabia, which is expected to open later in 2025. The Board said a process to identify the company’s next CEO is underway and reiterated forward-looking risks related to merger integration, construction timing, and market conditions.
Land & Buildings Investment Management, a major shareholder of Six Flags Entertainment Corporation (NYSE: FUN), has issued a public letter proposing a strategy to unlock substantial value through real estate monetization and operational turnaround. The investment firm believes FUN's real estate could attract multiple bidders and potentially sell for up to $6 billion.
The letter highlights that FUN's stock has declined over 50% year-to-date and trades at a 7x EBITDA multiple. Land & Buildings suggests spinning off a FUN REIT or pursuing a sale-leaseback transaction, projecting up to 78% immediate upside based on 2026 consensus estimates, with potential upside of 130% if 2026 EBITDA reaches $1.1 billion.
The firm recommends evaluating real estate sales to buyers like VICI Properties while maintaining focus on park operations and considering accelerated sales of non-core theme parks and land.