You go woke, you go broke.
According to Valliant Renegade, a YouTube account that focuses on the business of Hollywood, the Walt Disney Company’s finances are bleeding red ink.
In a video released Friday, with the apt title “Disney Is Bleeding Out At The Box Office | Here’s How Much They’ve LOST,” the account estimated Disney has incurred nearly $1 billion in losses during the release of eight movies from June 2022 to June of this year.
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The movies, from Disney or Disney-owned Pixar and Marvel Studios, are “Lightyear,” “Thor: Love and Thunder,” “Strange World,” “Black Panther: Wakanda Forever,” “Ant-Man and the Wasp: Quantumania,” “Guardians of the Galaxy Vol. 3,” “The Little Mermaid,” and “Elemental.”
Why has Disney lost so much money recently?
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They say a picture can be worth a thousand words, so here in one image is exactly why Disney has lost nearly $1 billion on it’s recent movie releases:
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Does that about sum it up?
Disney is, and will continue to lose money, until it returns to promoting family friendly themes and dumps the woke garbage.
Until then expect more flops, and more losses for the stakeholders in the junk films they’ve been releasing.
You go woke, you go broke and more and more companies are learning this lesson.
Lets hope it results in a change in direction and these big companies get back to entertaining movie goers and serving the needs of customers rather than promoting woke politics.
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Meanwhile…
Disney Chief Iger Says It’s ‘Preposterous’ to Claim Disney Is Trying To Sexualize Children
Disney’s CEO Bob Iger is facing the heat of conservative concerns over the company’s content.
Responding directly to the criticism from Florida Governor Ron DeSantis, Iger refuted accusations that Disney is promoting the sexualization of children.
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“The notion that Disney is in any way sexualizing children, quite frankly, is preposterous and inaccurate,” Iger said during a CNBC interview on Thursday.
This statement, though boldly confident, has critics questioning whether Iger is either out of touch with his company’s content or simply brushing aside the concerns.
Disney has a man in a dress working in the dress store for little girls at Disneyland. This is who Disney wants girls to see when they first walk in to pick out a dress. pic.twitter.com/Ta2dwyAaSa
— Jason Jones (@jonesville) May 30, 2023
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Over the past year, Governor DeSantis has been quite vocal about his issues with Disney, a company he once regarded as an all-American establishment.
He has lamented the entertainment giant’s apparent shift towards a more progressive stance, often labeling the company as “woke”. His criticism reached a point where he pursued legal action against Disney.
In a New Hampshire town hall meeting in June, DeSantis underscored his position by accusing Disney of introducing “sexualized content” into children’s programming.
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“They’ve really embraced the idea of getting the sexualized content in the programming for the young kids. And that is just a line that I am not willing to cross,” DeSantis stated firmly.
Disney’s leader, Bob Iger, who will continue his role as CEO until 2026, said he feels compelled to resist the legal offensive launched by DeSantis.
Iger expressed concern that DeSantis was retaliating against Disney due to a stance the company took on a controversial piece of legislation in Florida.
This bill, known as the “Don’t Say Gay” legislation, was aimed at preventing children from being exposed to information about sexual orientation and gender identity at a young age.
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According to Iger, Disney’s response to the bill was not only about principle but also about protecting the business. “We have filed a lawsuit to protect our First Amendment rights there and to protect our business, frankly,” Iger stated.
This is epic, watch till end 😂.
Despite the media labeling it a Qanon conspiracy theory, Sound of Freedom was #1 at the box office beating Indiana Jones, and the groomers at Disney are mad!
GOD’s CHILDREN ARE NO LONGER FOR SALE#SOFMovie pic.twitter.com/bi5AYrrALG
— Libs of TikTok (@libsoftiktok) July 13, 2023
Furthermore, Iger made a clear effort to distance Disney from the ongoing culture wars.
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“The last thing that I want for the company is for the company to be drawn into any culture wars,” he said.
As conservatives continue to scrutinize the Disney content, it remains to be seen whether Iger’s responses will quell the rising tide of concern or if his assurances are seen as either misguided or disingenuous.
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