Parque Warner Madrid (previously known as Warner Bros. Movie World Madrid and Warner Bros. Park) is a theme park located 25 km southeast of Madrid, Spain, in the municipality of San Martín de la Vega. The park opened on April 6, 2002, under the management of the Six Flags chain, with a 5% ownership share held by Time Warner. In November 2004, the management arrangement with Six Flags was terminated, with the park now managed by Time Warner and numerous Spanish investment groups. The name change to Parque Warner Madrid occurred at the start of 2006.