Seaworld Looking To Move Failing Business To China
PETA Warns Potential Investors That Theme Park’s Expansion Is Destined to Fail
For Immediate Release:
January 14, 2015
Beijing — According to media reports, SeaWorld is thinking of coming to Asia, but buyer beware: In the United States, the company’s profits have plummeted, its stock continues to sink like a stone, its CEO is out the door, it’s laying off hundreds of employees, shareholders have filed lawsuits, a recent poll named it one of the worst companies in the U.S., and most of its corporate partners have fled, cutting their losses. Now, to the astonishment of Wall Street watchers and a public increasingly aware of cruelty to animals, the beleaguered company is pitching its failing business to Asian investors. That’s why PETA is alerting stakeholders that the abusement park is testing foreign waters.
“In today’s world, SeaWorld is losing ground by continuing to force orcas to perform circus-style tricks in tiny swimming pools—something that an increasing number of consumers now find ethically indefensible,” says PETA U.S. President Ingrid E. Newkirk. “Unless SeaWorld switches from live animals to virtual-reality shows like Walking With Dinosaurs, it cannot be a viable business.”
PETA U.S. is calling on the corporation to develop coastal sanctuaries where orcas can be rehabilitated and retired and to revamp its theme parks with state-of-the-art virtual-reality experiences that would allow visitors to learn about and interact with marine life in new and innovative ways—without imprisoning any animals. PETA U.S. currently holds shares in SeaWorld, enabling it to submit shareholder resolutions to bring about positive change for animals. The campaign against SeaWorld has been supported by dozens of celebrities, including Jessica Biel, who asked a question on behalf of PETA U.S. at the company’s annual meeting.
For more information about PETA U.S.’ campaign against Sea World, please visit SeaWorldOfHurt.com.