SeaWorld Entertainment’s tumbling stock prices are in the news this week—serving as stark evidence that a critical mass of citizens are turning against SeaWorld’s practice of keeping orcas captive for entertainment purposes. Today marked an all-time low for SeaWorld stock, which began to plummet with yesterday’s grim second quarter financial report. In its related press release, SeaWorld acknowledged how “attendance in the quarter was impacted by demand pressures related to recent media attention surrounding proposed legislation in the state of California”—referring to the AWI-sponsored Orca Welfare and Safety Act, AB2140, which seeks to ban orca captivity for entertainment purposes in that state. The negative press surrounding both the proposed legislation, and the 2013 documentary Blackfish, has taken an obvious toll on SeaWorld’s bottom line. Hopefully the message will get through: In order to stay afloat, SeaWorld needs to sink the orca show. slate.me/VnWMrV
Posted on: Thu, 14 Aug 2014 21:52:35 +0000
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