And it's not just Disney taking it on the chin; multiple examples in rest of the article.
The overwhelming majority of Americans are sick of the left trying to force its bullshit into our lives...
The death of woke capitalism
Americans have rocked the woke. Disney recently admitted what every shareholder and reasonable observer has long known: Its activist strategy has negatively impacted its financial situation.
In its SEC filing, the company revealed, "We face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products.... Further, consumers' perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands."
Translation: We goofed when we went full-woke, including skewing Florida's commonsense law to prevent teachers from discussing sexual or gender orientation with kindergartners as "Don't Say Gay" and implementing what one executive called a "not-at-all-secret gay agenda" into programming.
Disney's stock price is down more than 50% since early 2021, while the overall market is up about 10% since then. Its recent woke movies have bombed, reportedly losing a combined$1 billion. As George Washington University Professor Jonathan Turley put it, The "invisible hand is giving the House of Mouse the middle finger."
~ More broadly, companies and CEOs have largely stopped taking woke stances that alienate half their customer base. The transgender craze has mercifully died down.
https://www.msn.com/en-us/money/com...p&cvid=43cd08530d6043e1880f87c6b5c46300&ei=22
The overwhelming majority of Americans are sick of the left trying to force its bullshit into our lives...
The death of woke capitalism
Americans have rocked the woke. Disney recently admitted what every shareholder and reasonable observer has long known: Its activist strategy has negatively impacted its financial situation.
In its SEC filing, the company revealed, "We face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products.... Further, consumers' perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands."
Translation: We goofed when we went full-woke, including skewing Florida's commonsense law to prevent teachers from discussing sexual or gender orientation with kindergartners as "Don't Say Gay" and implementing what one executive called a "not-at-all-secret gay agenda" into programming.
Disney's stock price is down more than 50% since early 2021, while the overall market is up about 10% since then. Its recent woke movies have bombed, reportedly losing a combined$1 billion. As George Washington University Professor Jonathan Turley put it, The "invisible hand is giving the House of Mouse the middle finger."
~ More broadly, companies and CEOs have largely stopped taking woke stances that alienate half their customer base. The transgender craze has mercifully died down.
https://www.msn.com/en-us/money/com...p&cvid=43cd08530d6043e1880f87c6b5c46300&ei=22
