November 9, 201510 yr The New York Times reports: http://www.nytimes.com/2015/11/10/business/seaworld-san-diego-killer-whales-shamu-show.html?ref=business No doubt this is a concession to the California Coastal Commission ruling earlier which would restrict breeding at the Park. SeaWorld will thus free up substantial capital funds for other improvements at the park.
November 9, 201510 yr Author Also see news coverage from the San Diego Union Tribune for additional details: http://www.sandiegouniontribune.com/news/2015/nov/09/seaworld-san-diego-phase-out-killer-whale-show/
November 9, 201510 yr In a presentation to investors, Joel Manby, the president and chief executive officer, said the decision was not based on public backlash Are you serious? Ok Joel what was it based on. We didn’t do anything in San Diego because of the activists,” he said. “We did it because we’re hearing it from our guests.” So... "Hearing it from our guests" is different than "Public Backlash" Keep spinning it SeaWorld, many are no longer buying what you are selling.
November 9, 201510 yr Author View the new "theatrical" analyst presentation from CEO Joel Manby and SeaWorld Entertainment: http://www.seaworldinvestors.com/events-and-presentations/event-details/2015/Investor-Day-Webcast/default.aspx They announce plans to partner and add hotel space at undeveloped space at SeaWorld San Diego. This may not work out well. The Dollywood's DreamMore Resort developed under Mamby's leadership is truly a stunning disaster; poor room design, pitifully small outdoor pool which misses the mark of resort expectations, food and beverage offerings which are far below standards, and a management team and workforce which are not capable of delivering resort services, all combine to dash the guest experience into disappointment.
November 9, 201510 yr Hold? Uh....I think it is kaput, at least in California. Regardless of what the CEO would like to spin..
November 10, 201510 yr Hold? Uh....I think it is kaput, at least in California. Regardless of what the CEO would like to spin.. Bum deal, Cap'n.
November 10, 201510 yr Sort of a crazy world we live in (trying not to be political and if it is oh well). There are more people fighting for and demanding equality for whales while kids and real people have difficulty eating each week...
November 10, 201510 yr ^ Yes the World we live in. More outrage over Cecil the Lion than the Planned Parenthood Scandal. So yes I agree the world in which we live has its priorities quite messed up.
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