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Byron Allen’s Starz Stake Signals Bigger Moves in the Streaming Industry

Byron Allen’s Starz: Byron Allen has acquired a 10.7% stake in Starz Entertainment for approximately $25 million, signaling his long-term media strategy amidst industry consolidation. This investment positions him influentially in the evolving streaming market despite intense competition.

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Byron Allen media entrepreneur portrait 2024
Byron Allen — Founder/Chairman/CEO of Allen Media Group

Byron Allen’s Starz investment

Media entrepreneur Byron Allen has taken another step toward expanding his growing media empire. Through his family office, Allen recently acquired a 10.7% stake in Starz Entertainment, purchasing the shares from a fund managed by former U.S. Treasury Secretary Steven Mnuchin.

The transaction, valued at approximately $25 million, gives Allen a significant minority position in the premium cable and streaming platform. While the investment itself may seem modest compared to the billion-dollar deals common in Hollywood, analysts say the move could signal a larger strategy unfolding in the rapidly evolving streaming industry.

Why the Starz Deal Matters

The shares were sold by Mnuchin’s Liberty 77 Capital fund, which previously invested in the company when Starz was still connected to its former parent, Lionsgate.

In 2025, Lionsgate completed a corporate restructuring that separated its operations into two distinct companies:

  • Lionsgate Studios – responsible for film and television production
  • Starz – focused on premium cable and streaming services

Following the spin-off, Starz became an independent publicly traded company. As a result, investors are still determining the platform’s long-term value in an increasingly crowded streaming marketplace.

A Streaming Platform With Loyal Audiences

Despite facing intense competition from larger platforms such as Netflix, Disney+, and Amazon Prime Video, Starz continues to maintain a strong subscriber base and recognizable content franchises.

  • Outlander – historical drama series
  • The Power franchise created by Courtney A. Kemp and executive produced by 50 Cent

Byron Allen’s Long-Term Media Strategy

Allen’s investment strategy has long focused on owning media distribution and infrastructure rather than simply producing content.

  • The Weather Channel
  • Dozens of local television stations across the United States
  • Multiple niche cable networks and digital platforms

Over the past several years, Allen has also pursued larger acquisitions, reportedly exploring deals involving companies such as Paramount Global and BET Media Group. While those deals did not materialize, they signaled his ambition to expand Allen Media Group into a major force in global media ownership.

The Bigger Picture: Industry Consolidation

Allen’s investment arrives during a time of significant disruption in the entertainment business. Traditional cable television continues to decline as audiences migrate toward streaming platforms. At the same time, major studios and media companies are struggling to make streaming services consistently profitable.

Industry observers believe these pressures could lead to a new wave of consolidation across Hollywood and the streaming sector. Smaller platforms like Starz could become attractive acquisition targets for larger companies seeking additional subscribers and content libraries.

A Potential Hidden Opportunity

For now, Allen’s 10.7% stake does not give him control of Starz. However, it does provide influence as one of the company’s larger shareholders and leaves open the possibility of increasing his ownership in the future.

If consolidation accelerates and streaming platforms begin merging or forming partnerships, assets like Starz could become significantly more valuable. For Byron Allen—whose career began as a stand-up comedian before evolving into one of the most prominent independent media owners in America—the investment may represent another calculated step in a decades-long strategy built around media ownership and long-term growth.

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Six Flags Unleashes Its Biggest-Ever Halloween Lineup for 2026

Six Flags is raising the fear factor for Halloween 2026 with new haunted mazes inspired by Jason Voorhees, Diablo, Final Destination and The Blair Witch Project.

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Jason Voorhees, Diablo, Final Destination and The Blair Witch Project headline an expanded season of haunted mazes, scare zones and nighttime thrills

Six Flags is turning up the fear factor for Halloween 2026 with its largest collection of licensed horror attractions to date.

The amusement park operator announced 11 new haunted mazes inspired by major film and gaming franchises, including Friday the 13thFinal DestinationThe Blair Witch Project and Blizzard Entertainment’s Diablo. Returning attractions will feature characters and settings from The Conjuring UniverseSAWArmy of the DeadThe Strangersand Trick ’r Treat.

Altogether, Six Flags says its parks will offer 448 Halloween-themed experiences across North America, including 29 new and returning licensed haunted attractions, 196 scare zones and live shows, nighttime rides and 141 family-friendly daytime activities.

“We’re taking Halloween to an entirely new level in 2026,” Kelly Daugherty, Six Flags’ director of entertainment, said in the company’s announcement. “Guests won’t just watch these stories unfold—they’ll step inside them.”

Costumed horror performers appearing during a nighttime Halloween event at Six Flags
Six Flags will host North America’s biggest Halloween party in 2026 with immersive haunted mazes, themed scare zones, live entertainment, thrills for kids and world-class rides in the dark in its parks from coast to coast. Image Credit: Six Flags

New nightmares arrive at Six Flags

One of the biggest additions is JASON: Blood Reign, an attraction inspired by Jason Voorhees and the Friday the 13thfranchise. Guests will enter the dark woods surrounding the slasher’s legendary summer camp while retracing the events that transformed Jason into one of horror cinema’s most recognizable villains.

The maze is scheduled to appear at SCarowinds, Kings Island and Six Flags Great Adventure.

Fans of elaborate cinematic accidents can enter Final Destination: Death’s Playground, where death itself serves as the villain. Inspired by New Line Cinema’s Final Destination films, the attraction will place guests inside a chain of seemingly calculated disasters.

The maze is coming to Six Flags Great Adventure in New Jersey and Six Flags Magic Mountain in Southern California.

At Six Flags Great America and Dorney Park, Blair Witch: No Signal will send visitors into a dark recreation of the Black Hills Forest. The experience will include abandoned camps, ritual sites, winding trails and the infamous Rustin Parr house.

Video game fans will also get their chance to enter the underworld. DIABLO: The Infernal Path will bring Blizzard Entertainment’s gothic franchise to Kings Dominion and Cedar Point. Guests will encounter characters including Diablo, Lilith, Mephisto and Baal while traveling through cursed cathedrals and scenes inspired by ancient rituals.

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Familiar horror franchises return

Several previously featured horror properties will return following what Six Flags described as strong guest demand.

The Conjuring: Beyond Fear will appear at Canada’s Wonderland, SCarowinds, Cedar Point and Kings Island. The attraction casts visitors as paranormal investigators attempting to contain cursed artifacts and supernatural entities, including Annabelle.

A separate Conjuring Universe attraction will return to Six Flags Magic Mountain, Six Flags Great Adventure, Six Flags Over Texas, Six Flags Fiesta Texas, Six Flags Great America and Six Flags Over Georgia.

Other returning experiences include:

  • SAW: Legacy of Terror, featuring scenes inspired by Jigsaw’s traps
  • The Strangers: No Escape at Six Flags Over Texas
  • Trick ’r Treat at Six Flags Magic Mountain
  • Army of the Dead at Six Flags Great Adventure

Knott’s Berry Farm will once again stage Knott’s Scary Farm, the long-running Southern California Halloween event. Six Flags Mexico will also present Festival del Terror, with additional licensed attractions expected to be announced.

More than haunted mazes

The 2026 Halloween season will extend beyond indoor attractions. Six Flags parks will feature themed scare zones filled with roaming performers, elaborate sets, fog, lighting effects and unexpected encounters.

Six Flags Over Texas will introduce Varnum’s Traveling Pit Show of Oddities, described as a premium scare-zone experience combining immersive horror, themed offerings and live entertainment.

Halloween programming across the company’s parks will also include monster bands, musical productions, stunt performances, parades and nighttime spectaculars. Roller coasters and other thrill rides will continue operating after dark at participating locations, with fog, lighting and sound effects altering the experience.

Scare zones, live entertainment and most nighttime rides will be included with regular park admission. However, admission to the haunted mazes will generally require a separate Haunted Attractions Pass in addition to a valid park ticket, season pass or membership.

Knott’s Scary Farm operates under a different system as a separately ticketed event, with its haunted mazes and entertainment included in the event admission.

Halloween fun for younger visitors

Not every seasonal attraction will be designed to terrify guests.

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Before the nighttime scares begin, participating parks will offer daytime activities for families and younger children. Programs such as Kids Boo FestTricks and Treats and Camp Spooky will feature trick-or-treating, pumpkin-themed activities and interactive entertainment.

Select parks will also hold Oktoberfest celebrations featuring seasonal food, beverages and live entertainment.

The family-friendly activities will generally be included with daytime park admission.

Dates and ticket details are still coming

Operating dates, attraction availability and ticket prices will vary by park. Six Flags said individual parks will release their complete Halloween schedules and ticketing information between mid-August and early September.

Guests should also review each attraction’s age recommendations, health warnings and accessibility guidelines before purchasing tickets. Haunted mazes may include darkness, fog, loud sounds, flashing lights and intense imagery that may not be suitable for every visitor.

With iconic slashers, supernatural villains, video game demons and hundreds of seasonal attractions, Six Flags is betting that horror fans will be eager to spend part of Halloween 2026 inside their favorite nightmares.

For park-specific schedules and ticket information, visit Six Flags.

Source: Six Flags Entertainment Corporation press release. Attraction schedules and availability are subject to change.

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‘Jaws’ and the two musical notes that changed Hollywood forever

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Last Updated on July 31, 2026 by Daily News Staff

Jaws
Many film historians see ‘Jaws’ as the first true summer blockbuster.
Steve Kagan/Getty Images

Jared Bahir Browsh, University of Colorado Boulder

“Da, duh.”

Two simple notes – E and F – have become synonymous with tension, fear and sharks, representing the primal dread of being stalked by a predator.

And they largely have “Jaws” to thank.

Fifty years ago, Steven Spielberg’s blockbuster film – along with its spooky score composed by John Williams – convinced generations of swimmers to think twice before going in the water.

As a scholar of media history and popular culture, I decided to take a deeper dive into the staying power of these two notes and learned about how they’re influenced by 19th-century classical music, Mickey Mouse and Alfred Hitchcock.

The first summer blockbuster

In 1964, fisherman Frank Mundus killed a 4,500-pound great white shark off Long Island.

After hearing the story, freelance journalist Peter Benchley began pitching a novel based on three men’s attempt to capture a man-eating shark, basing the character of Quint off of Mundus. Doubleday commissioned Benchley to write the novel, and in 1973, Universal Studios producers Richard D. Zanuck and David Brown purchased the film rights to the novel before it was published. The 26-year-old Spielberg was signed on to be the director.

Tapping into both mythical and real fears regarding great white sharks – including an infamous set of shark attacks along the Jersey Shore in 1916 – Benchley’s 1974 novel became a bestseller. The book was a key part of Universal’s marketing campaign, which began several months before the film’s release.

Starting in the fall of 1974, Zanuck, Brown and Benchley appeared on a number of radio and television programs to simultaneously promote the release of the paperback edition of the novel and the upcoming film. The marketing also included a national television advertising campaign that featured emerging composer Williams’ two-note theme. The plan was for a summer release, which, at the time, was reserved for films with less than stellar reviews.

TV ads promoting the film featured John Williams’ two-note theme.

Films at the time typically were released market by market, preceded by local reviews. However, Universal’s decision to release the film in hundreds of theaters across the country on June 20, 1975, led to huge up-front profits, sparking a 14-week run as the No. 1 film in the U.S.

Many consider “Jaws” the first true summer blockbuster. It catapulted Spielberg to fame and kicked off the director’s long collaboration with Williams, who would go on to earn the second-highest number of Academy Award nominations in history – 54 – behind only Walt Disney’s 59.

The film’s beating heart

Though it’s now considered one of the greatest scores in film history, when Williams proposed the two-note theme, Spielberg initially thought it was a joke.

But Williams had been inspired by 19th and 20th century composers, including Claude Debussy, Igor Stravinsky and especially Antonin Dvorak’s Symphony No. 9, “From the New World.” In the “Jaws” theme, you can hear echoes of the end of Dvorak’s symphony, as well as the sounds of another character-driven musical piece, Sergei Prokofiev’s “Peter and the Wolf.”

“Peter and the Wolf” and the score from “Jaws” are both prime examples of leitmotifs, or a musical piece that represents a place or character.

The varying pace of the ostinato – a musical motif that repeats itself – elicits intensifying degrees of emotion and fear. This became more integral as Spielberg and the technical team struggled with the malfunctioning pneumatic sharks that they’d nicknamed “Bruce,” after Spielberg’s lawyer.

As a result, the shark does not appear until the 81-minute mark of the 124-minute film. But its presence is felt through Williams’ theme, which some music scholars have theorized evoke the shark’s heartbeat.

A fake shark emerging and attacking an actor on the deck of a fishing boat.
Mechanical issues with ‘Bruce,’ the mechanical shark, during filming forced Steven Spielberg to rely more on mood and atmosphere.
Screen Archives/Moviepix via Getty Images

Sounds to manipulate emotions

Williams also has Disney to thank for revolutionizing character-driven music in film.

The two don’t just share a brimming trophy case. They also understood how music can heighten emotion and magnify action for audiences.

Although his career started in the silent film era, Disney became a titan of film, and later media, by leveraging sound to establish one of the greatest stars in media history, Mickey Mouse.

When Disney saw “The Jazz Singer” in 1927, he knew that sound would be the future of film.

On Nov. 18, 1928, “Steamboat Willie” premiered at Universal’s Colony Theater in New York City as Disney’s first animated film to incorporate synchronized sound.

Unlike previous attempts to bring sound to film by having record players concurrently play or deploying live musicians to perform in the theater, Disney used technology that recorded sound directly on the film reel.

It wasn’t the first animated film with synchronized sound, but it was a technical improvement to previous attempts at it, and “Steamboat Willie” became an international hit, launching Mickey’s – and Disney’s – career.

The use of music or sound to match the rhythm of the characters on screen became known as “Mickey Mousing.”

“King Kong” in 1933 would deftly deploy Mickey Mousing in a live action film, with music mimicking the giant gorilla’s movements. For example, in one scene, Kong carries away Ann Darrow, who’s played by actress Fay Wray. Composer Max Steiner uses lighter tones to convey Kong’s curiosity as he holds Ann, followed by ominous, faster, tones as Ann escapes and Kong chases after her. In doing so, Steiner encourages viewers to both fear and connect with the beast throughout the film, helping them suspend disbelief and enter a world of fantasy.

Mickey Mousing declined in popularity after World War II. Many filmmakers saw it as juvenile and too simplistic for the evolving and advancing film industry.

When less is more

In spite of this criticism, the technique was still used to score some iconic scenes, like the playing of violins in the shower as Marion Crane is stabbed in Alfred Hitchcock’s “Psycho.”

Spielberg idolized Hitchcock. A young Spielberg was even kicked off the Universal lot after sneaking on to watch the production of Hitchcock’s 1966 film “Torn Curtain.”

Although Hitchcock and Spielberg never met, “Jaws” clearly exhibits the influence of Hitchcock, the “Master of Suspense.” And maybe that’s why Spielberg initially overcame his doubts about using something so simple to represent tension in the thriller.

Young man with shoulder-length hair speaks on the phone in front of an image of a shark with its mouth open.
Steven Spielberg was just 26 years old when he signed on to direct ‘Jaws.’
Universal/Getty Images

The use of the two-note motif helped overcome the production issues Spielberg faced directing the first feature length movie to be filmed on the ocean. The malfunctioning animatronic shark forced Spielberg to leverage Williams’ minimalist theme to represent the shark’s ominous presence in spite of the limited appearances by the eponymous predatory star.

As Williams continued his legendary career, he would deploy a similar sonic motif for certain “Star Wars” characters. Each time Darth Vader appeared, the “Imperial March” was played to set the tone for the leader of the dark side.

As movie budgets creep closer to a half-billion dollars, the “Jaws” theme – and the way those two notes manipulate tension – is a reminder that in film, sometimes less can be more.

Jared Bahir Browsh, Assistant Teaching Professor of Critical Sports Studies, University of Colorado Boulder

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Dive into “The Knowledge,” where curiosity meets clarity. This playlist, in collaboration with STMDailyNews.com, is designed for viewers who value historical accuracy and insightful learning. Our short videos, ranging from 30 seconds to a minute and a half, make complex subjects easy to grasp in no time. Covering everything from historical events to contemporary processes and entertainment, “The Knowledge” bridges the past with the present. In a world where information is abundant yet often misused, our series aims to guide you through the noise, preserving vital knowledge and truths that shape our lives today. Perfect for curious minds eager to discover the ‘why’ and ‘how’ of everything around us. Subscribe and join in as we explore the facts that matter.  https://stmdailynews.com/the-knowl

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The End of an Era: Six Flags Magic Mountain Says Goodbye to an Original Piece of Park History

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Last Updated on July 21, 2026 by Daily News Staff

For millions of Southern Californians, a visit to Six Flags Magic Mountain meant more than just riding roller coasters. It was a rite of passage—a place where families spent summer vacations, teenagers celebrated graduations, and thrill seekers chased ever-faster rides.

Six Flags Magic Mountain is demolishing the historic Laughing Dragon restaurant, an original 1971 landmark that served generations of Southern California visitors.

Now, one of the last remaining reminders of the park’s opening days is preparing to disappear.

According to KTLA, Los Angeles County has approved demolition permits for the former Laughing Dragon Restaurant, an iconic structure perched atop Samurai Summit that has overlooked Magic Mountain for more than five decades.

Although the building has been vacant since 2008, its demolition marks the end of another chapter in one of California’s most famous amusement parks.

A Restaurant with Deep Roots

When Magic Mountain welcomed its first guests in 1971, the building opened as the elegant Four Winds Steakhouse.

Unlike the quick-service restaurants common in today’s theme parks, Four Winds offered guests a sit-down dining experience high above the park, complete with sweeping views of the surrounding Santa Clarita Valley.

In 1988, after the opening of the park’s suspended roller coaster Ninja, the restaurant was renamed The Laughing Dragon, embracing the area’s Asian-inspired theme.

For years, it became a familiar landmark for guests making the climb to Samurai Summit.

Eventually, changing guest habits and the park’s evolving dining strategy led to the steakhouse’s closure in 2006. The building briefly operated as a Papa John’s Pizza location before closing permanently in 2008.

Since then, it has quietly watched generations of visitors pass by.

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More Than an Empty Building

To younger guests, the vacant structure may have seemed like little more than an abandoned restaurant.

To longtime visitors, however, it represented something much larger.

Magic Mountain has transformed dramatically since its opening more than 50 years ago. Wooden roller coasters gave way to towering steel giants. New technology replaced classic attractions. Entire themed areas evolved with each generation.

Yet the former Laughing Dragon remained—a silent reminder of what the park looked like during its earliest years.

For many fans, it was one of those familiar landmarks that helped connect today’s park with its past.

Samurai Summit Continues to Change

The demolition comes during a period of significant change for the Samurai Summit section of the park.

Nearby, Superman: Escape from Krypton closed in 2024 after decades of launching riders nearly 400 feet into the air. Meanwhile, Tatsu continues to dominate the skyline with one of the world’s most celebrated flying roller coasters.

Construction is also underway on Magic Mountain’s newest attraction—a Vekoma Thrill Glider Roller Coaster, expected to debut in 2027. While the park has not announced what will replace the Laughing Dragon site, many enthusiasts believe the area could become part of future expansion plans.

The Challenge of Preserving Theme Park History

Unlike museums or historic landmarks, amusement parks are constantly reinventing themselves.

Older attractions are removed to make room for larger, faster, and more technologically advanced experiences. Restaurants close as guest preferences change. Buildings that once bustled with activity can quickly become obsolete.

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From a business standpoint, redevelopment makes sense.

But every demolition also removes another tangible connection to the park’s history.

Many Disney attractions have been preserved through photographs, documentaries, and archives. Regional parks like Magic Mountain often receive far less historical attention, making the loss of original structures even more significant for longtime fans.

Looking Ahead

Magic Mountain has not revealed what, if anything, will replace the Laughing Dragon building.

Whether the site becomes part of a new attraction, additional guest amenities, or another expansion remains to be seen.

What is certain is that another piece of the park’s 1971 identity is about to disappear.

For those who grew up visiting Magic Mountain, it’s another reminder that while roller coasters continue to evolve, nostalgia often rides alongside progress.


Did You Know?

  • 🎢 Magic Mountain opened on May 29, 1971.
  • 🥩 The building originally housed the Four Winds Steakhouse.
  • 🐉 It became The Laughing Dragon after Ninja opened in 1988.
  • 🍕 It briefly served as a Papa John’s before closing permanently in 2008.
  • 🏗️ The building sat vacant for nearly 18 years before demolition plans were approved.

STM Daily News Perspective

As someone who grew up in Southern California, I know that Magic Mountain wasn’t just another amusement park—it was part of the Southern California experience. While the biggest headlines usually focus on new roller coasters, it’s often the quieter stories, like the loss of a familiar restaurant overlooking the park, that resonate most with longtime visitors. Places like the Laughing Dragon became part of family traditions, first dates, school trips, and summer vacations. Its demolition is a reminder that every park evolves, but each change also closes another chapter of its history.


Join the Conversation

Have you ever eaten at the Four Winds or the Laughing Dragon? Do you have memories of visiting Magic Mountain in the 1970s, ’80s, ’90s, or early 2000s?

Share your favorite Magic Mountain memories in the comments below, and subscribe to the STM Daily News newsletter for more stories celebrating Southern California history, attractions, and the places that shaped our communities.

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