Six Flags Entertainment Corp is a theme park operator. The Company operates 18 regional theme and water parks, of which 16 are located in the United States, one is located in Mexico City, Mexico and one is located in Montreal, Canada. Its parks occupy approximately 4,500 acres of land, and it owns approximately 800 acres of other potentially developable land. Its parks are located in geographically diverse markets across North America. The Company's parks generally offer a broad selection of traditional thrill rides, water attractions, themed areas, concerts and shows, restaurants, game venues and retail outlets, and thereby provide a complete family-oriented entertainment experience. In the aggregate, during 2015, its parks offered approximately 830 rides, including over 135 roller coasters, making it the provider of thrill rides in the industry. The Company holds exclusive long-term licenses for theme park usage of certain Warner Bros. and DC Comics characters throughout the United States Canada, Mexico and other countries. These characters include Bugs Bunny, Daffy Duck, Tweety Bird, Yosemite Sam, Batman, Superman, The Joker and others. In addition, it has certain rights to use the Hanna-Barbera and Cartoon Network characters, including Yogi Bear, Scooby-Doo, The Flintstones and others. The Company attracts visitors through multi-media marketing and promotional programs for each of its parks. The Company's parks compete directly with other theme parks, water and amusement parks and indirectly with all other types of recreational facilities and forms of entertainment within their market areas, including movies, sporting events, home entertainment options, restaurants and vacation travel.
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