Six Flags buys 40 percent stake in Dick Clark Productions

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Six Flags buys 40 percent stake in Dick Clark Productions

6/19/07

Six Flags announce that it has acquired a 40 percent stake in Dick Clark Productions from RedZone Capital, the Six Flag's largest shareholder. The move is seen to diversify the company and broaden it's base of operations by providing media content.

More on this story at Associated Press

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Rick Aristotle Munarriz Weighs in on the Aquisition...

6/19/07

Motley Fool's Theme Park Business Guru gives his analysis on the Six Flags 40 percent stake: Imediate tie-in synergy and year round revinue is only going to help Six Flags bottom line. (And might I add that a media aquisition was inevitable since former Music Promoter turned Media Mogul, Harvey Weinstein, is on the board of directors? And this in fact makes this deal that much more interesting...) Let's just say, "smart move..."

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