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DoJ’s SeaWorld investigation “concluded” with no action to be taken
POSTED 14 Dec 2018 . BY Andy Knaggs
An end to orca breeding in captivity is just one change SeaWorld has made since the Blackfish controversy Credit: Shutterstock.com
SeaWorld says that the US Department of Justice’s (DoJ) criminal investigation into its response to a highly critical 2013 documentary has been closed, with no charges brought against either the organisation or any individuals.

The Blackfish documentary criticized SeaWorld’s treatment of orca whales, sparking animal rights campaigners into action. SeaWorld has subsequently endured four consecutive years of declining revenue growth, with attendances down and its share price taking a hit, losing 33 per cent of its value in a single day in August 2014.

The DoJ investigation was looking at whether comments from former executives had misled investors about the documentary’s impact on the business. In September 2018, SeaWorld Entertainment and its former CEO James Atchison agreed to pay more than US$5m (€4.42m, £3.97m) to settle Securities and Exchange Commission (SEC) fraud charges.

Now, in a SEC filing dated 12 December 2018, SeaWorld Entertainment Inc says that it has been informed by the DoJ that no action is to be taken against the company or any individuals. “The Company considers the DoJ matter concluded,” it added.

SeaWorld has taken a number of steps to repair its public image, including ending the decades-long practice of breeding orcas in captivity. Its latest financial results showed a 10.4 per cent increase in revenues in Q3 2018 compared to Q3 2017. Attendance in Q3 2018 was up by 9.7 per cent compared to the same period last year, with an extra 700,000 guests, making a total of 8.3 million visitors across its dozen theme and water parks.

Plans for the future include a Sesame Street themed land at SeaWorld Orlando in 2019 and a world-first “duelling” roller coaster at SeaWorld San Diego in which two trains will run from opposite ends of a figure of eight.
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Jobs   News   Products   Magazine
NEWS
DoJ’s SeaWorld investigation “concluded” with no action to be taken
POSTED 14 Dec 2018 . BY Andy Knaggs
An end to orca breeding in captivity is just one change SeaWorld has made since the Blackfish controversy Credit: Shutterstock.com
SeaWorld says that the US Department of Justice’s (DoJ) criminal investigation into its response to a highly critical 2013 documentary has been closed, with no charges brought against either the organisation or any individuals.

The Blackfish documentary criticized SeaWorld’s treatment of orca whales, sparking animal rights campaigners into action. SeaWorld has subsequently endured four consecutive years of declining revenue growth, with attendances down and its share price taking a hit, losing 33 per cent of its value in a single day in August 2014.

The DoJ investigation was looking at whether comments from former executives had misled investors about the documentary’s impact on the business. In September 2018, SeaWorld Entertainment and its former CEO James Atchison agreed to pay more than US$5m (€4.42m, £3.97m) to settle Securities and Exchange Commission (SEC) fraud charges.

Now, in a SEC filing dated 12 December 2018, SeaWorld Entertainment Inc says that it has been informed by the DoJ that no action is to be taken against the company or any individuals. “The Company considers the DoJ matter concluded,” it added.

SeaWorld has taken a number of steps to repair its public image, including ending the decades-long practice of breeding orcas in captivity. Its latest financial results showed a 10.4 per cent increase in revenues in Q3 2018 compared to Q3 2017. Attendance in Q3 2018 was up by 9.7 per cent compared to the same period last year, with an extra 700,000 guests, making a total of 8.3 million visitors across its dozen theme and water parks.

Plans for the future include a Sesame Street themed land at SeaWorld Orlando in 2019 and a world-first “duelling” roller coaster at SeaWorld San Diego in which two trains will run from opposite ends of a figure of eight.
RELATED STORIES
Canada bans captivity and breeding of cetaceans


The keeping of whales, dolphins and porpoises for entertainment – as well as the breeding, trading and capture of cetaceans – has been banned in Canada, following the passing of the "Free Willy" bill this week by its government.
MORE NEWS
Catherine Toolan to replace departing Paul Carty at Guinness Storehouse
Ireland's top attraction, the Guinness Storehouse, is to come under new leadership from April, with Catherine Toolan replacing Paul Carty as managing director.
Texas Kalahari Water Park scheduled for November 2020 opening
A new US$550m (€509m, £426m) African-themed water park and resort from Kalahari Resorts & Conventions is due to open in Round Rock, Texas, in November 2020.
Northern Ireland's The Gobbins in line for £11m development
Plans for an £11m (US$14.2m, €13m) extension to The Gobbins, a famous cliff-face path at Islandmagee, County Antrim, Northern Ireland, have made significant progress, according to the local borough council.
London's V&A Museum of Childhood to close for two-year redevelopment
Creating an "unforgettable first museum experience for children" is the aim of the V&A Museum of Childhood in London, which has announced it will close in May 2020 to undergo a two-year, £13m (US$16.9m, €15.7m) transformation.
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COMPANY PROFILES
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
FORREC Ltd

We create guest experiences others don’t, masterplan like no one else can, and give the world’s bi [more...]
TOR Systems Ltd

TOR Systems have been in this business since 1981. [more...]
WhiteWater

WhiteWater was born in 1980 to create places where families unite and make joyful lasting memories [more...]
+ More profiles  
FEATURED SUPPLIER

Global Solutions for Clothing creates award-winning costumes
Global Solutions for Clothing (GSC) is a multi-award winning costume specialist that has been creating high quality costume for more than 60 years. [more...]
VIDEO GALLERY

Red Raion Showreel 2019
Red Raion is the CGI studio specialized in media based attraction. Find out more...
More videos:
Trailer Peter Pan - Saving Tinkerbell VR – Red Raion
Introducing AnimaChat! – Animalive
Red Raion: Meet the Team - Introduction – Red Raion
+ More videos  

CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-25 Mar 2020

MuseumNext Europe

Edinburgh Festival Hub, Edinburgh,
23-25 Mar 2020

Dubai Entertainment Amusement and Leisure Exhibition (DEAL)

Dubai World Trade Centre, Dubai, United Arab Emirates
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2020

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