(11:49 am EST) -- Six Flags Magic Mountain in Valencia, California, has announced it will stay open year-round, beginning in 2018.

The self-proclaimed "Thrill Capital of the World" is making the move in an effort to become a destination resort that can compete with other major theme parks.

Annual passes go on sale the final week of August and, on August 31, prospective customers will be able to take advantage of a "buy a day, get a year" flash sale.

--Amanda Norcross

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