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.

Amendments to Animal Slaughter Practices Will Never Be “Enough”

Tyson is back in the news, and their efforts to appease Mercy For Animals have come up short.

10,000 Take Over Grant Park for Chicago Vegan Food & Drink Festival

On Saturday June 10th, ten thousand people helped prove that there’s success in promoting veganism, and tons of fun to be had doing it.

Forbes calls another PETA misstep ‘success’

The only ‘success’ or ‘victory’ for animals is new and continuing vegans.