Did you know that your version of Internet Explorer is out of date?
To get the best possible experience using our website we recommend downloading one of the browsers below.

Internet Explorer 10, Firefox, Chrome, or Safari.

SeaWorld stock sinksSeaWorld stock sinks

SeaWorld Stock Sinks Amid Blackfish Backlash

Like us on Facebook:
The current article you are reading does not reflect the views of the current editors and contributors of the new Ecorazzi

SeaWorld isn’t having a whale of time anymore, and it seems that the controversial documentary, ‘Blackfish,’ is the one to thank.

Shares of the marine life theme park plummeted Wednesday — nearly 33% — eradicating $832 million from shareholder portfolios. According to CNN Money, SeaWorld Entertainment expects “a revenue drop of 6 to 7% for the year,” which is a lot worse than Wall Street forecasters had predicted. In fact, some investors expected a revenue jump for 2014.

So what happened? It looks like ‘Blackfish’ backlash happened.

Many wondered if the award-winning documentary about the on-going mistreatment of orcas at SeaWorld’s amusement parks would have an economical impact on SeaWorld. Initially, the theme park was silent about the film’s allegations, believing the controversy would blow over. But something definitely smelled fishy when its PR went into overdrive, creating “The Truth About Blackfish,” to reassure investors there was nothing to worry about.

Then, with the news of its sinking stock, SeaWorld, through a press release, finally admitted for the first time that ‘Blackfish,’ and the media attention surrounding California’s proposed bill, the “Orca Welfare Safety Act,” may be hurting attendance.

Though SeaWorld is not in danger of shutting its doors forever (yet), the ‘Blackfish’ backlash, including the recent loss of South West Airlines’ support,  shows no signs of subsiding.

Via New York Magazine

Photo: Shutterstock

Like us on Facebook:
0 Comments
  • teresa bonelli

    Se termina la mentira de la Sea World,..,se desploman 33,% menos de visitantes,.832 millones menos,,viva siempre BLACKFISH.

finalmilk

There’s a Recall on Milk Containing Too Much Poo

“Routine internal testing detected microbial bacteria in excess of quality standards. Contaminated products could cause illness if consumed.”

peppa

Peppa Pig: Vegan Extremist

Indeed, between her human-esque interactions, she snorts what can only be translated as “go vegan, piss off your parents.”

final

The Dumbest Things People Say to Vegans

If you’re a vegan, you’ve probably face palmed one too many times after talking to non–vegans.