Their movies are bombing at the box office, Disney Plus is losing thousands of subscribers every day and people are canceling their vacations going to Disney theme parks all over the country. It’s obvious groomer woke Disney pedo policies are hurting their bottom line, and now they are finally admitting it to shareholders.
In a just-released SEC report, Disney has acknowledged that the woke political and social agendas contained in its creative product have cost the company dearly and drained the value of shareholder stock.
It all boils down to a lack of “consumer acceptance,” or more particularly general consumer perceptions “of our efforts to achieve certain…social goals, often differ widely and present risks to our reputation and brands.”
The Hill‘s Jonathan Turley: “Disney has reportedly lost a billion dollars just on four of its recent ‘woke’ movie flops, productions denounced by critics as pushing political agendas or storylines.
“Yet until now, the company has continued to roll out underperforming movies as revenue has dropped. What’s more, Disney stars persist in bad-mouthing its fabled storylines and undermining its new productions. The company admits that it has suffered a continued slide in ‘impressions’ (that is, viewership) by 14 percent.