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Sesame Workshop lawsuit asks to end contract with SeaWorld owner [Yahoo! Finance]

United Parks & Resorts Inc. (PRKS) 
Company Research Source: Yahoo! Finance
In the suit, Sesame Workshop says it wants the court to terminate the license agreement and requests an unspecified amount in damages and legal fees. The case is Sesame Workshop v. SeaWorld Parks & Entertainment Inc., filed Thursday in the Southern District of New York . SeaWorld Parks, based in Orlando, changed its name to United Parks & Resorts in 2024. The two companies have been in contractual agreements for 45 years, Sesame Workshop said. Sesame's lawsuit traces the dispute to 2022, saying SeaWorld's owner failed to pay millions of dollars in royalties due to Sesame Workshop for Sesame Place , a theme park in Langhorne, Pennsylvania. In 2024, SeaWorld was ordered to pay the full amount owed from arbitration plus interest, but it still ignored Sesame Workshop's requests for payment, the suit says. After writs of garnishment against SeaWorld were ordered the next year, SeaWorld paid in October 2025. “From September 2025 onwards, SeaWorld, in brazen disregard of the agreement Show less Read more
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