Tag Archives: Blackfish

SeaWorld Restructures Leadership Again but Looks to Be on the Upswing for the Future

Last week, SeaWorld Orlando announced a brand new leadership position, Chief Strategy Officer, and selected Walter Bogumil. Bogumil was a financial analyst at Walt Disney World and served financial positions at Sun International Resorts, Penn National Gaming and Affinity Gaming. This experience in theme parks and entertainment made him a good fit for CSO of […]

SeaWorld Announces CEO Joel Manby’s Departure

SeaWorld has announced that SeaWorld CEO Joel Manby has resigned. Manby has held his leadership position since 2015. The company has been struggling for years with a decline in revenue along with the public’s perception of the company due to the anti-captivity documentary Blackfish. According to the Orlando Sentinel, “Attendance dropped nearly 3 percent in […]

SeaWorld Lawsuit Granted Class-Action Status by U.S. District Court Judge

The Orlando Sentinel is reporting that a SeaWorld lawsuit, in which the company allegedly mislead shareholders, has been granted class-action status by U.S. District Court Judge Michael Anello. According to the lawsuit, SeaWorld executives supposedly kept secret the negative impact of the 2013 documentary Blackfish. The 2013 documentary Blackfish‘s portrayal of SeaWorld gave the entire a […]

Internal Emails Reveal SeaWorld Executives’ Vexation Over ‘Blackfish’ Backlash

Just days after SeaWorld Entertainment Inc. published a 2017 third quarter report displaying attendance and revenue losses which cited reputation difficulties, new information has been made public regarding their ongoing litigation with former investors. A lawsuit filed in 2014 by former investors, which the U.S. department of Justice became involved with in August of 2017, […]

SeaWorld Under Criminal Investigation by U.S. Department Of Justice

According to News 6 and court records, the U.S. Department of Justice is looking into statements made about the documentary Blackfish by SeaWorld Entertainment Inc. executives, putting the company under criminal investigation. These court records were confirmed by U.S. Department of Justice’s Chief of Fraud Section, Sandra Moser. On August 25, 2017, Sandra Moser filed […]

Blackfish Hasn’t Hurt Stock Prices According to SeaWorld Attorneys

SeaWorld attorneys have denied in court that the 2013 documentary Blackfish has greatly affected stock prices. A 2014 lawsuit filed by a group of SeaWorld shareholders claimed that the company misled them, saying the documentary had no impact financially on the company. SeaWorld investors have pointed out six occasions between 2013 and 2014 in which […]

Federal Agencies are Investigating SeaWorld on Statements Related to ‘Blackfish’

The Justice Department and the Securities and Exchange Commission are investigating SeaWorld on matters related to the 2013 CNN documentary Blackfish. According to WESH 2 News, public filings revealed that the two agencies are investigating the “disclosures and public statements” that SeaWorld executives made during August 2014 or earlier, related to the influence of the […]