For generations, Disney was considered a leader in family-friendly entertainment. Americans could count on Disney to provide wholesome content for viewers of all ages. But that was a long time ago.
The liberal-owned company has recently declared war on the American family. It sided with the radical left after Florida passed a law banning sexual content in lower school grades. Disney tried to interfere with the state’s legislature, defending teachers who talked about homosexuality and transgenderism with children.
Well, Americans didn’t seem to appreciate Disney’s growing support for the far-left and “woke” ideas. And now, the massive company is facing poetic justice.
Things aren’t going well for the Woke Kingdom, the Walt Disney Company, which saw a share price collapse and appears to be set for a round of layoffs after missing earning expectations by over $1 billion, with the Disney+ streaming service losing a whopping $1.5 billion. That’s a 40 percent greater loss than analysts were expecting from the woke entertainment giant’s streaming service.
Writing to executives in a letter obtained by the Wall Street Journal, Disney CEO Bob Chapek said that it is likely layoffs will have to happen at the company thanks to that weak earnings report. [Source: Trending Politics]
This should come as a surprise to no one. Disney is losing billions of dollars. Its precious streaming service, Disney+, is collapsing, losing a reported $1.5 billion. The company’s stock has taken a nose-dive in recent months, soon after it started a war with Florida. And now, the company is facing a hiring freeze and impending layoffs.
Disney has become increasingly woke in recent years. After buying the Star Wars franchise, the company polluted the beloved series with entries celebrating feminism and other far-left ideas. Disney has even managed to derail the Marvel franchise, with recent projects increasingly woke–and unappealing to audiences.
But the nail in the coffin was Disney’s attempt at controlling Florida. Top executives admitted they want 50% of their character to be gay or transgender. The direction of the company is decidedly leftist–and even liberal Americans are getting turned off by this.
Disney+ was a hit when it was launched in 2019, and it enjoyed increased success during the lockdowns of 2020. But the service, which was supposed to be the future of the company, has been losing subscribers in recent years, thanks to a lack of quality content and stiff competition.
The sad reality is that Disney should be dominating every market it enters. The size and name recognition of the company can beat anyone, even Netflix. But the company keeps shooting itself in the foot because it insults conservative Americans in favor of radical, leftist agenda.
We seriously doubt Disney can recover unless it lets go of its woke programming. But will the company wake up and stop pushing liberal politics? I guess we’ll find out.
Author: Bo Dogan