00:00It's Benzinga bringing Wall Street to Main Street.
00:02Sesame Workshop sued SeaWorld's parent company, United Parks and Resorts,
00:06seeking to terminate a licensing agreement and recover unpaid royalties and punitive damages,
00:12according to the Wall Street Journal. The non-profit behind the Sesame Street
00:16television show said the company failed to pay royalties and shortened operations of a
00:20Sesame-themed park with limited notice. Sesame Workshop said the partnership has lasted 45
00:25years, but termination is now the only path forward. United Parks said it will address the
00:31claims in court. The dispute follows arbitration after unpaid royalties in 2022. Sesame said payment
00:37arrived in 2025 after court action. The lawsuit also cites the closure of a Sesame Street-themed
00:43section in a San Antonio park and the shift of the Sesame Place, San Diego Park, to a seasonal
00:48schedule. For all things money, visit Benzinga.com.
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