28 December 1980
26 mins.
Glenda reveals herself to be Black Jackson the pirate captain, and she takes over the Muppet Theater with the help of Short John Silver (Sweetums) and Eric, a heartless pirate parrot (in disguise as a penguin). They tie Kermit up, turn the theater into a ship, and cast off to look for buried treasure. The show ends with a musical battle at sea, with Gonzo and a crew of chickens fighting to save Kermit and the theater.