It has become so obvious that embracing the leftist agenda of “woke-ism” is hurting Disney’s bottom line that even the stooges in charge cannot deny this fact any longer.
Disney wrote in a recent filing to the Securities and Exchange Commission (SEC) that “we face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products.”
“Generally, our revenues and profitability are adversely impacted when our entertainment offerings and products, as well as our methods to make our offerings and products available to consumers, do not achieve sufficient consumer acceptance. Further, consumers’ perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands,” Disney added in the report.
In other words, Disney went woke and now they’re going broke.
“Disney appears to acknowledge that Smith’s invisible hand is giving the ‘House of Mouse’ the middle finger. In a new corporate disclosure, Disney acknowledges that its controversial political and social agenda is costing the company and shareholders,” legal commentator Jonathan Turley wrote in The Hill.
Big League Politics wrote about the recent “unprecedented box office collapse” for their superhero film “The Marvels,” which featured all-female leads and a black female director:
“New Disney movie “The Marvels” has performed heinously bad at the box office as audiences grow tired of ham-fisted woke premises in their content…
David A. Gross, who leads a movie consulting firm, Franchise Research Entertainment, said that these numbers represent “an unprecedented Marvel box-office collapse.”
Continued…
Approved ~ MJM
