Disney Finds out It Doesn't Pay to Go Woke, as They Face Big Trouble

[Kamaji]

Disney Finds out It Doesn't Pay to Go Woke, as They Face Big Trouble

By Nick Arama
July 16, 2023

We’ve seen how companies like Bud Light and Target have taken a severe hit for the various ways in which they have bought into the woke mind virus. Bud Light has now even been hit by the Costco “Death Star,” which means they’re in deep trouble.

Speaking of trouble, let’s look at Disney.

A week ago, I wrote about how Disney had lost almost a billion dollars by going woke on some of their recent films. Megyn Kelly laid out some of that evidence showing that we’re winning against the woke when it comes to Disney, too. She explained how they lost about $900 million in their last eight feature films with flops such as “Lightyear,” “The Little Mermaid,” and “Elemental.” She said “Elemental” — with a non-binary character — had one of Disney’s worst openings ever. My colleague Brad Slager reported on some of this before and how bad it looked for Disney. We also reported how Disney is doing wild things like eliminating the dwarves from their new live-action film of Snow White. Now, instead of the classic dwarves, you get “magical creatures.” “Indiana Jones” tanked, with a projected gross of only $248 million, which won’t even cover its $300 million budget or the $150 million in marketing costs.

But it’s not only the movies.

    You see the consequences of Disney’s belt-tightening all over the media world — high-profile layoffs at ESPN, executives being laid off at ABC News radio, Disney selling off its last radio station, cancellations of television shows on FreeForm, removing lots of shows from Disney+, and writing down losses on the company’s tax returns.

It means that Disney has had to prop themselves up from things like their theme parks and resorts. Except now, there’s a problem there too. As the Wall St. Journal noted in their article “Disney World Hasn’t Felt This Empty in Years,” park attendance has dropped noticeably.

*  *  *

Source:  https://redstate.com/nick-arama/2023/07/16/disney-finds-out-it-doesnt-pay-to-go-woke-as-they-face-big-trouble-n777133