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Disney Woke and Broke

Torch

DEFCON Staff
Staff member
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Joined
Mar 4, 2022
Location
Louisiana
Disney is expected to fall tens of millions short of its 2024 goal for Disney+ and Hulu subscribers in the aftermath of big price increases for their streaming services and growing public anger over their woke policies.

In March of 2022, Disney's political demands in Florida that children as young as the third grade be taught sexual matters sparked a national furor among conservatives, with boycotts against the entertainment giants services like Disney+ and Hulu.

Last month stock analysts noted the company's market cap had fallen from $350.09 billion on March 22, 2022, to $154.04 billion — a decline of $196.05 billion — or a 56% drop.

 
While being work and racist has certainly hurt Disney, a large part is the fact that Disney vastly overspends on projects that it has no hope of recovery for. The last several movies did "okay", but came nowhere near recouping the cost of making and advertise them.
 
While being work and racist has certainly hurt Disney, a large part is the fact that Disney vastly overspends on projects that it has no hope of recovery for. The last several movies did "okay", but came nowhere near recouping the cost of making and advertise them.
That’s true but Disney’s tanking not just in Net numbers, but in subscriber numbers and gross.
 
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