It is being reported today that Six Flags Company is planning on selling up to six of its parks including Magic Mountain here in the Santa Clarita Valley. The company is exploring a sale or the possible closing and dismantling of these parks.
The company is facing mounting losses and is looking for ways to reduce its dept load. In recent years Six Flags has faced various challenges including a proxy fight last year and declining attendance.
At Magic Mountain, there have been many problems associated with gangs and teens loitering without spending any money. This has apparently driven the family segment of the parks attendance away from the park. They may have been able to stem the tide of red ink had Magic Mountain management tried to cater more towards the local families.
I can tell you that I have never, in the 26 years that I’ve lived in the Santa Clarita Valley, ever stepped foot in Magic Mountain. In fact, it is referred to in the entertainment industry as “Six Stabs Tragic Mountain”. It’s no wonder they are having the problems they are currently. What’s more amazing is that it could be a great park for the entire family if they just tried to think outside the box.