Posted on 02/09/2023 3:35:07 PM PST by conservative98
Disney’s woke streaming services are still hemorrhaging money at an alarming rate, losing more than $1 billion a quarter at a time when CEO Bob Iger is trying to put the brakes on the company’s runaway spending habits.
For its first fiscal quarter, Disney’s direct-to-consumer business — which includes Disney+, Hulu, and other services — lost $1.05 billion, a 78 percent larger loss from the same period a year ago. The figure represents a slight sequential improvement from the fourth quarter, which saw a $1.5 billion loss for the unit.
The latest results come as domestic Disney+ subscriptions barely rose for the period, which included the Christmas season that normally would see a sizable bump in new customers. Worldwide, Disney+ lost 2.4 million subscribers, mostly due to its deal with India’s HotStar.
Disney+ has been wrestling with sluggish domestic subscriber growth in recent month as the streamer has increasingly embraced woke identity politics in its entertainment geared toward children.
As Breitbart News reported, the Disney+ series The Proud Family: Louder and Prouder is pushing reparations for slavery, claiming in its latest episode that America was founded on “white supremacy” and “still has not atoned” for its racism.
Disney+ recently featured a transgender “man” who menstruates in its animated Baymax series for kids. The streamer has also cast a drag queen and a “trans-masculine” actress in the upcoming Marvel superhero series Ironheart.
Hulu has also gone full woke with its docuseries adaptation The 1619 Project. The series has attempted to resurrect the original New York Times series’ most contentious and debunked claim — that the Revolutionary War was fought in large part to preserve slavery.
(Excerpt) Read more at breitbart.com ...
Good news story of the day.
Moving from Entertainment to Woke Education ,great idea
Go woke, go broke…
Nice to know they are having problems....still not enough.
GOOD.
I get offers for discounted fees for Disney+ or whatever their streaming service is and I ignore them.
Not to sound like Joseph McCarthy
But some organizations have infiltrated and infected every major institution and company in this country.
I don’t believe it is the commies, although they are certainly useful idiots
They should hire Chris Wallace
I hope the go woke go broke lesson is financially painful. Very painful.
Their programming is offensive and is being rejected loudly. The only enjoyable thing to watch is their financial implosion.
I will not buy anything that I know is affiliated with Disney.
What?
Oh. Never mind.
They came for the grade schools. They came for the universities. They came for the non profits and charities. They came for the two parent families. They came for your child's gender. They came for your newspapers. They came for your news media channels. They came for you on Twitter and every other social media platform.
Their progress was disappointing in their minds.
So now they come for your toddler, shouting him or her down for being a child, demanding that toddlers become woke agents of politics.
That's the Disney of today. Burn it down and salt the swamp it was built on in better times.
I was going to subscribe to a NatGeo website to read an article I found interesting (a lot of their stuff is liberal claptrap, but this one looked decent).
I saw at the bottom of the signup page it’s a Walt Disney company.
So, a big nope!
p
When the worm turns Disney may go bankrupt. People are getting fed up with woke.
From your lips to God’s ears…
They are walking away! Keep up the good work!
They'll continue to have problems because they refuse to recognize the real issue: They need to clean out the "creatives" who are keeping the company on the wokeness path.
Good news. If Disney goes out of business I wont lose a wink of sleep.
Be part of the team — financially destroy the Disney virus.
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