VegNews Daily

New Film BlackFish Causes SeaWorld Stocks to Sink

The documentary centered on SeaWorld’s inhumane animal treatment may be the cause of its stock’s sudden drop in value.

SeaWorld has experienced a plunge in profits, and the recent downturn in sales may be attributed to the release of 2013's BlackFish, a documentary that exposes the animal suffering behind the theme park’s friendly facade. According to MarketWatch, SeaWorld’s stocks are down 25 percent from earlier this year, while the Orlando Sentinel reports that the chairman of the amusement park sold $1.3 million of his own company’s stocks last week. SeaWorld blamed its bad fortune on the weather, but the risk factors outlined in its public offerings registration seem to forebode what is happening now: “An accident or an injury at any of our theme parks ... that receives media attention, is the topic of a book, film, documentary … may harm our brands or reputation, cause a loss of consumer confidence in the Company, reduce attendance at our theme parks and negatively impact our results of operations,” states the company. 

 Comments

Smoothie King Introduces Two New Vegan Smoothies

Smoothie giant responds to demand for dairy-free options.
Read More »

Native Foods Café Opens First East Coast Location

The national vegan restaurant chain debuts in Washington, DC.
Read More »

World Vegetarian Day This Wednesday

October 1 marks the annual celebration of a meat-free lifestyle.
Read More »

PETA Nudges Dairy Industry to Aid California Drought

According to the animal organization, the dairy industry contributes heavily to the drought.
Read More »

Sacramento Hosts Vegan Chef Challenge

The 4th annual Sacramento Vegan Chef Challenge debuts October 1 at 15 restaurants throughout the city.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »