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NEWS
SeaWorld flounders as profits for the year drop US$10m
POSTED 06 Nov 2015 . BY Tom Anstey
SeaWorld must now look forward to what certainly is going to be a tough year after further public setbacks Credit: Shutterstock.com
SeaWorld continues to struggle in the wake of Blackfish as profits for the operator’s parks slumped by US$10m (€9.2m, £6.6m), according to the company’s recently released Q4 financial report.

SeaWorld’s shares – which have been cut in half since the release of the controversial Blackfish documentary, which catalogues alleged mistreatment of killer whales and the death of three people as a result – fell 9 per cent following the Q4 release to US$17.80 (€16.37, £11.73).

Profits for the year were still US$360m across all of SeaWorld Entertainment’s parks, lower than the US$370m forecast at the start of the year. In a statement the company attributed the drop in attendance, on top of big losses in previous quarters, due to “continued SeaWorld brand challenges” stemming from Blackfish.

Joel Manby, who was appointed SeaWorld CEO in March to combat the fall in profits and attendance, said during a conference call that despite the drop in attendance at SeaWorld, overall attendance for SeaWorld Entertainment, the parent company of SeaWorld which also operates Busch Gardens, would be up on the previous year, though did not reveal the exact figures.

SeaWorld must now look forward to what certainly is going to be a tough year after further public setbacks, including a breeding ban at its park in San Diego, continued pressure from animal welfare groups such a Peta and loss of corporate sponsors not wanting to associate themselves with the brand.

In response to the report, Manby said that the company did not act quick enough to address the fallout from Blackfish and the changing attitudes of the public towards its animals, but said that a new strategy for the year ahead would be revealed on 9 November, including a new yet-to-be-revealed attraction which won’t include whales.

“I am excited about how we evolve the SeaWorld brand to match the changing expectations of our guests,” he said.

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SeaWorld Entertainment has announced its intention to challenge the decision of the California Coastal Commission (CCC) to allow the company’s San Diego park to expand its orca habitats only on the basis that it no longer breeds the captive cetaceans.
  New SeaWorld enclosure comes at cost of breeding ban


The California Coastal Commission has granted SeaWorld planning permission to expand its Orca facility in San Diego on the basis that it cannot add any new whales from the wild to its tanks and that none of the park’s orcas will be allowed to breed.
  SeaWorld's orca tank expansion should go ahead, says California body


The California Coastal Commission – an independent, quasi-judicial government agency – has recommended SeaWorld’s expansion plans for its San Diego attraction should be permitted.
  SeaWorld profits down 84 per cent in latest earnings report


SeaWorld has attributed an 84 per cent drop in profits to its ongoing PR push as the company tries to repair its damaged reputation.
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NEWS
SeaWorld flounders as profits for the year drop US$10m
POSTED 06 Nov 2015 . BY Tom Anstey
SeaWorld must now look forward to what certainly is going to be a tough year after further public setbacks Credit: Shutterstock.com
SeaWorld continues to struggle in the wake of Blackfish as profits for the operator’s parks slumped by US$10m (€9.2m, £6.6m), according to the company’s recently released Q4 financial report.

SeaWorld’s shares – which have been cut in half since the release of the controversial Blackfish documentary, which catalogues alleged mistreatment of killer whales and the death of three people as a result – fell 9 per cent following the Q4 release to US$17.80 (€16.37, £11.73).

Profits for the year were still US$360m across all of SeaWorld Entertainment’s parks, lower than the US$370m forecast at the start of the year. In a statement the company attributed the drop in attendance, on top of big losses in previous quarters, due to “continued SeaWorld brand challenges” stemming from Blackfish.

Joel Manby, who was appointed SeaWorld CEO in March to combat the fall in profits and attendance, said during a conference call that despite the drop in attendance at SeaWorld, overall attendance for SeaWorld Entertainment, the parent company of SeaWorld which also operates Busch Gardens, would be up on the previous year, though did not reveal the exact figures.

SeaWorld must now look forward to what certainly is going to be a tough year after further public setbacks, including a breeding ban at its park in San Diego, continued pressure from animal welfare groups such a Peta and loss of corporate sponsors not wanting to associate themselves with the brand.

In response to the report, Manby said that the company did not act quick enough to address the fallout from Blackfish and the changing attitudes of the public towards its animals, but said that a new strategy for the year ahead would be revealed on 9 November, including a new yet-to-be-revealed attraction which won’t include whales.

“I am excited about how we evolve the SeaWorld brand to match the changing expectations of our guests,” he said.

RELATED STORIES
SeaWorld to file lawsuit against California Coastal Commission in response to San Diego breeding ban


SeaWorld Entertainment has announced its intention to challenge the decision of the California Coastal Commission (CCC) to allow the company’s San Diego park to expand its orca habitats only on the basis that it no longer breeds the captive cetaceans.
New SeaWorld enclosure comes at cost of breeding ban


The California Coastal Commission has granted SeaWorld planning permission to expand its Orca facility in San Diego on the basis that it cannot add any new whales from the wild to its tanks and that none of the park’s orcas will be allowed to breed.
SeaWorld's orca tank expansion should go ahead, says California body


The California Coastal Commission – an independent, quasi-judicial government agency – has recommended SeaWorld’s expansion plans for its San Diego attraction should be permitted.
SeaWorld profits down 84 per cent in latest earnings report


SeaWorld has attributed an 84 per cent drop in profits to its ongoing PR push as the company tries to repair its damaged reputation.
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OMA completes New Museum transformation with landmark expansion and Oberon restaurant
OMA has completed a major transformation of New York's New Museum, creating a larger cultural campus that combines expanded exhibition spaces with learning, performance, hospitality and public programming.
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A US$50 million (£44.2 million, €51.2 million) transformation of Chicago's historic McCormick Mansion has created a new destination that combines live magic, immersive theatre, dining and private membership under one roof.
Montana Heritage Center opens with immersive exhibits and US$107 million investment
The Montana Historical Society has officially celebrated the opening of its new Montana Heritage Center, a US$107 million (£79 million, €92 million) destination that combines immersive storytelling with cutting-edge audiovisual technology to bring the sta
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IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
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QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
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+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

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