SeaWorld emails show execs knew 'Blackfish' hurt business long before they told investors [Los Angeles Times (CA)]
SeaWorld Entertainment, Inc. (SEAS)
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Source: Los Angeles Times
SeaWorld emails show execs knew "Blackfish" bad for business before telling investors Amid mounting cancellations by performers and lost business, SeaWorld executives revealed in internal emails that the 2013 “Blackfish” documentary was affecting revenues — long before they publicly acknowledged an impact. Growing frustration over the backlash from the anti-captivity film bubbled to the surface in an email about performer Willie Nelson’s decision to cancel an upcoming concert at the Orlando park in 2013. “This whole [expletive] thing pisses me off,” Fred Jacobs, SeaWorld's former corporate communications vice president, wrote in a December 2013 email. “God we look like idiots.” Jacobs’ email was among a number of communications unsealed this week as part of ongoing litigation against SeaWorld concerning shareholders’ claims that the company misled investors early on when it denied fallout from “Blackfish” had anything to do with decreasing attendance at its SeaWorld-branded park
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