Zimmy said:acrossdapark said:It's been suggested in several articles that
A. The parks change their name and re brand and go in a different direction animal wise. (I don't see this working because of their balance sheets don't support such a massive capital undertaking)
B. Begin the process of selling the company in part or in whole. It's cropped back up again that Merlin the second largest theme park and attractions operator in the world with around 65M visitors a year should be the first prospect in this transitional phase. They just can no longer compete and survive alone.
Which ever path they take, they cannot get out of the shadows of Blackfish on their own. Even PETA has bought the minimum required shares in SEAS to introduce board/shareholder resolutions.
Do you happen to have a reference for the PETA data? I am rather curious...
"PETA is also a SeaWorld shareholder. PETA spokesman David Perle confirmed to CNN that the organization owns 339 shares, which he said is the minimum to file shareholder resolutions.
"SeaWorld is underwater," said PETA executive vice president Tracy Reiman in a statement. She said PETA filed a resolution offering the "abusement" park a way to boost earnings and attendance: End all its breeding programs, release orcas into seaside sanctuaries and "stop imprisoning animals altogether."
http://money.cnn.com/2018/02/27/news/companies/seaworld-ceo-joel-manby-steps-down/index.html