The encyclopedia · Strategy & Leadership · Strategic decision · 1954–1987
SeaWorld's owner bought Marineland — and closed it six weeks later
Marineland of the Pacific, a landmark oceanarium since 1954, was bought by SeaWorld's owner in December 1986 and shut six weeks later.
Marineland of the Pacific · Harcourt Brace Jovanovich · 1987-02
What happened
Marineland of the Pacific opened on 28 August 1954 in Rancho Palos Verdes, California — a William Pereira-designed oceanarium that was the largest in the world at the time. It became famous for its killer whales: Orky and Corky arrived in 1969 and were the park's stars for eighteen years, drawing crowds to a cliffside show place that also doubled as a Hollywood backlot for dozens of television series.
By the mid-1980s the park was run down and barely breaking even. In December 1986 it was sold to Harcourt Brace Jovanovich — the publisher that owned SeaWorld San Diego — which bought it from a Hong Kong developer and at first promised to keep it open and restore it. On 30 January 1987 the restoration was cancelled: the disrepair was worse than expected, and the park faced projected losses of $2 million a year without $25 million of improvements.
The closure came early and without warning. On 11 February 1987 — six weeks after the sale, three weeks ahead of the announced 1 March closing — the gates were locked, with Harcourt citing bomb threats after its change of heart. Orky and Corky had already been moved to SeaWorld San Diego; the remaining animals were trucked out in the night. The ruins sat on the cliff for nearly twenty years before demolition began in July 2007; the Terranea Resort now stands on the site.
Why it happened
- The buyer was SeaWorld's owner — keeping a rival oceanarium open 80 miles away made little strategic sense.
- Restoration estimates ballooned: $25 million needed to stop projected $2 million annual losses.
- By the mid-1980s the park was run down and barely breaking even; the animals were its only appreciating asset.
The lesson
Marineland ran 33 years; SeaWorld's owner bought it in December 1986 and locked the gates six weeks later. Selling to a competitor is selling the audience too.
Aftermath
Orky and Corky were moved to SeaWorld San Diego; the abandoned site was demolished from July 2007 and the Terranea Resort opened there in 2009.
Sources
- Wikipedia — Marineland of the Pacific (opened 28 August 1954 in Rancho Palos Verdes, designed by William Pereira, world's largest oceanarium at the time; killer whales Orky and Corky arrived 1969; by the mid-1980s run down and barely breaking even; purchased December 1986 by Harcourt Brace Jovanovich, owners of SeaWorld San Diego, from a Hong Kong developer; restoration plans cancelled 30 January 1987 due to unexpected disrepair and projected yearly losses of $2 million without $25 million in improvements; closed abruptly 11 February 1987 six weeks after the sale with Harcourt citing bomb threats; Orky and Corky moved to SeaWorld San Diego, remaining animals trucked out at night; ruins stood nearly 20 years, demolition began July 2007; site now the Terranea Resort completed 2009)
- Los Angeles Times, 29 January 1987 — Marineland to Close March 1 (closure announced for 1 March 1987; killer whales Corky and Orky identified as the star attractions at the Rancho Palos Verdes oceanarium)
- UPI, 30 January 1987 — Marineland to close its doors for good (permanent closure confirmed; attendance decline detailed — Marineland had dropped to 750,000 visitors by 1973 while SeaWorld exceeded 4 million)
spotted an error? The club wants to know.
More like this
Underwater World was Sentosa's star — then a bigger aquarium opened next door
Miami Seaquarium, an oceanarium since 1955, closed in 2025 after welfare and rent disputes
WeightWatchers filed Chapter 11 to shed $1.15B after obesity drugs hit its model
Somewhere, someone solved the problem this company failed at. 2nd Opinion →

Comments · 0
Sign in to join the comments.