Posted on 11/15/2022 9:06:59 PM PST by SeekAndFind
The company that once defined family entertainment is going from media giant to epic failure, suffering over $1.4 billion in streaming losses and a stock drop of around 39% for the year. And, it would appear that these financial declines are inevitably leading to employee layoffs.
Disney has put a freeze on hiring, it is limited employee travel and is also reviewing workers for efficiency with plans to introduce cuts as a means to make the company "more nimble." CEO Bob Chapek noted in a leaked memo to senior staff:
"As we work through this evaluation process, we will look at every avenue of operations and labor to find savings, and we do anticipate some staff reductions as part of this review.
...I am fully aware this will be a difficult process for many of you and your teams. We are going to have to make tough and uncomfortable decisions."
Chapek mentions in the same memo the problem of "macroeconomic factors" out of Disney's control. He does not, however, mention his habit of bending the knee and groveling to woke activists, attempting to sabotage Florida's anti-grooming legislation for public schools, or the company's steady supply of content that pushes far-left narratives.
It is not so much the "macroeconomic factors out of Disney's control" that are causing the conglomerate's downfall. Rather, it is all the factors within their control, including their refusal to produce content that consumers actually want. American audiences are done with leftist propaganda in their films and television and are now actively researching and avoiding any content that promotes woke ideology and social justice talking points. After around five years of consumers withholding their money, Disney is finally starting to feel the pain.
This is what happens when a company markets its products to a tiny minority of leftist activists and LGBT fanatics, most of whom have very little money to spend anyway. Specifically, parents are concerned with Disney's "family entertainment" evolving to focus on LGBT characters, being that LGBT concepts are purely sexual in nature and far outside of the understanding of the average child. Highlighting the obscure sexuality of characters within a children's production is a bizarre notion.
Furthermore, the company's hostility towards Florida's Parental Rights In Education bill, which makes it illegal for public school teachers to groom young children with sexualized concepts and gender ideology, raises questions among consumers about Disney's agenda in entertainment.
It is therefore no surprise that the company is now floundering, with a vast array of politically motivated box office bombs and streaming disasters that struggle to bring in even moderate viewership. Though they will never openly admit it, ultimately, Disney proves yet again that going woke also means going broke.
Walt must be spinning in his grave seeing what a dumpster fire his company has become.
Catering to the insane fringes doesn’t sell.
Who knew?
Disney + is growing, but vacationers don’t want woke pushed on them.
The viewing audience may be rejecting an 80 plus year old Indiana Jones.
Harrison Ford would be the last person to even consider that possibility.
At some point, he’s not going to be believable in an action film, even if just as a Boss. Schwarzenegger and Stallone had to make their peace with that reality as well.
Think of the boiling frog. Today's conservative leaders are "woke" compared to Democrats of decades past. Forty years ago, no Democratic politician would endorse gay marriage. Today, most "conservative" pundits do.
Today's "woke" outrages will seem normal to Middle Americans in a couple of decades.
“They are perverted dirty dogs and they deserve what is coming.”
The entertainment sector is redundant, over capitalized and is a bloated whore living off cheap money.
Their economic model will be changing over this decade.
Good.
No, Indiana Jones has now been cast as a woman. That’s what they’re rejecting, amongst other woke nonsense things.
we just watched mary poppins again last night and marveled at Disney’s brilliance in 1964 vs the sick shite it pumps out today ...
Keep going, folks. I trust the people hurt the most are leftist employees who now have to learn to code.
You are correct.
Disney will do just fine.Many said the same thing about the NFL.
The whole Get Woke, Go Broke is a meaningless meme.
But hey if it makes ya feel better. Go for it.
In spite of our outrage, conservative Americans continue to patronize Disney businesses. I know families that went to Disney Florida last summer. Likewise, we continue to watch ESPN, NHL, NFL, NBA, NASCAR, etc.
The issue is that we lack the discipline to live out our beliefs. A boycott doesn’t work if we don’t actually boycott. We are too comfortable with Woke ideology.
They don't need to be "more nimble". They need to quit being racist, sexist, communist, parent-hating faggots.
They actually had a franchise that they should have stuck with. "Young Indian Jones". Could have had him break into Downton Abby to rescue an artifact that the old crone's hubby stole from an Egyptian tomb.
Why does Kathleen Kennedy still have a job there? It boggles the business mind.
I took 15 family members to Madiera Beach FL the week after Thanksgiving last year. I told Disney the trip to Disney World is off. We are going somewhere else in FL.
Today’s “woke” outrages will seem normal to Middle Americans in a couple of decades.
I don’t think so. Western
and American leftist social ideas are considered to be an evil anathema to a large portion of the world. TO BE ERADICATED and not allowed.
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