Posted on 05/08/2022 10:30:14 PM PDT by Morgana
Disney's silence on a leak suggesting the US could end nationwide legal abortion has triggered speculation it has learned to keep quiet after meddling in a controversial new Florida law.
Protests have sprung up throughout the country in big cities as well as small towns since Politico released a draft decision last week showing that the conservative Supreme Court majority would put an end to the 1973 Roe v. Wade ruling giving women a constitutional right to terminate their pregnancies.
But Disney - which has previously spoken out against laws that would prohibit abortions - has yet to issue a statement after it saw its stocks plummet 20 per cent following its public opposition to Florida's Parental Rights in Education Bill - also known as the Don't Say Gay Bill.
Disney said in March that it would suspend political donations in the state and added that it would in turn support organizations working to oppose the new law.
But the entertainment giant's interference prompted ferocious blowback that has seen Disney suffer financially and politically.
Florida Gov. Ron DeSantis and his fellow Republicans have since lashed out at Disney, and the company's huge Walt Disney World Resort is now losing its self-governance status in the state.
Its stocks have also plummeted nearly 20 percent since CEO Bob Chapek first issued a statement opposing the bill on March 11 and by Sunday, shares for the media conglomerate were trading at $110.29 - down a whopping 67 percent from the same time last year, when it was trading at $184.84.
Former Disney CEO Bob Iger had previously spoken out against bans on abortion.
(Excerpt) Read more at dailymail.co.uk ...
Kalifornia is a rough place to navigate. Chapek lives in a bubble that just got popped. Park attendance in Florida is hemorraging... ssshhhh.....Don’t Say ???.
Agree. Dizzney needs to be put down completely. No need to spare them, because a bunch of pervs now run a once enjoyable, distraction type, entertainment business. Don’t support them. They will shut up for now, but their main goal to propagandize our children to wokeness will not end.
Disney’s institutional ownership may change tactics, not its goals.
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