By now, you probably know about how the Walt Disney Company went full-on woke. In recent months, we’ve seen the once-beloved company push some of the most extreme leftism in the country. They have cross-dressing “princesses” in their theme parks. Gay teens in their movies. And gender and race-swapped “heroes” in their animated programs.
It shouldn’t be much of a surprise to find that Americans are ditching the House of the Mouse. In fact, Disney’s big project, their streaming service called “Disney+” is seeing a mass exodus. Disney+ was supposed to be the company’s future, whereby it spread its woke gospel to the ends of the earth. But things are getting so bad, the company’s posted shocking losses.
From The Post Millennial:
On Wednesday, Disney released its results for the third quarter of Fiscal Year 2023, revealing that its streaming division had lost hundreds of millions of dollars.
During the three-month period, the entertainment giant saw its subscribers continue to decline, a trend that began in the last quarter of FY2022 and has shown no signs of reversing.
Yikes. A mass exodus from Disney’s woke streaming service resulted in the loss of hundreds of millions of dollars. According to reports, Disney lost $512 million in just the third quarter of 2023’s fiscal year.
Keep in mind, the company just brought back Bog Iger as CEO to stave off losses. Instead, he is seeing worse losses than before. Iger should have realized that Disney’s woke agenda was driving away customers.
But instead of making efforts to win back customers, Bob Iger has been slashing his own company. He’s keeping the woke content, just getting rid of divisions to save money. Hmm… how’s that been working out of Disney?
Things are getting so bad, Disney is about to crack down on password sharing for their steaming service. Which is the big company equivalent of shaking out the couch cushions for loose change!
Iger is banking on Disney’s movies and theme parks to keep them alive. But those are the very things turning customers away. Disney seems determined to use its movies and parks to push a woke agenda. It won’t be long before Americans had enough and just stop supporting them altogether.
- Disney announced it lost $512 million in the third quarter of FY2023.
- The losses are thanks to many users ditching its streaming service.
- Disney has been losing money since it started pushing a woke agenda.
Source: The Post Millennial