Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBlackfish sinking SeaWorld?
http://www.slate.com/blogs/moneybox/2014/08/13/seaworld_stock_is_crashing_and_attendance_is_falling.html?wpsrc=slatest_newsletter
(Slate) Like a captive orca crashing down into the waters of its bathtub prison, shares of SeaWorld Entertainment are plunging today after the theme park operator delivered a dreadful earnings report. Although attendance was up slightly this quarter compared with a year ago, it has fallen 4.3 percent over the full first six months of the year. Revenue is also down about 5 percent over the first half of 2014; the company predicts that revenue will fall 6 to 7 percent by the time the year is out. As of writing, the stock has dropped about 30 percent, or $8 and change.
SeaWorld Entertainment runs 11 theme parks, not all of which make their money by training enormous aquatic predators to do tricks for sedentary Americans on family vacations. The company believes attendance has dropped overall partly for boring reasons like a late start to summer vacation in a few markets and new attractions at its competitors. But SeaWorlds namesake parks have been dogged by controversy ever since the release of the documentary Blackfish, which spotlights their deeply troubling treatment of killer whales. And SeaWorld corporate clearly thinks the PR troubles are costing them. In its earnings release, the company says its pretty sure some visitors stayed away this quarter due to media attention surrounding a bill in Californias state Legislature that would ban orca shows at theme park. In other words, people are finally taking a hard look at SeaWorld's business, and it's making them seasick.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
4 replies, 1094 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (15)
ReplyReply to this post
4 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Blackfish sinking SeaWorld? (Original Post)
marmar
Aug 2014
OP
yeoman6987
(14,449 posts)1. I went to Seaworld at 16
Have not been back since. Although I have been to Disney many times. I am just not interested.
zappaman
(20,606 posts)2. Good.
No tears here.
LeftyMom
(49,212 posts)3. Good. Fuck them, fuck their business, and double fuck the regulators
who let them get away with such inhumane bullshit for so long.
alphafemale
(18,497 posts)4. And what is the plan for these captive whales?
Can we free them?