Disney’s Troubles Are Just Starting—Investors Panic

On any given day I assume that half the country leans left and the other half leans right.

Because of this even divide, it does not make financial sense for any business serving the general public to get involved in politics, Micheal Jordan once famously said “Republicans buy sneakers too”.

It stands to reason that a company in Disney’s position, a company that produces entertainment for children, should stay clear of politics and social engineering in order to maximize its appeal to the broadest possible audience.

After all, share price is determined by sales and future value, and, at the end of the day, people determine sales—the end user is the one who is going to pay…

In its quest to push woke nonsense on the masses, Disney has forgotten this timeless lesson of business and is now facing the stark consequences of its far-left ideology.

Sources claim that the company is on track for its worst year since 1974; to anyone paying attention, this shouldn’t come as news…

Disney’s share price is plummeting not because Disney+ is hemorrhaging money; Disney+ is hemorrhaging money because Disney continues to push woke garbage and ignore the broader market.

The company has become a poster child for the truism of our times: go woke, go broke.

Here’s more on the story:

Disney is in a precarious position as they continue to bleed money from Disney+. Their stock value continues to drop, nearly 45%, and is on track to hit the lowest since 1974. They can only subsidize their bad spending from other sources for so long. https://t.co/CneMYHG2D9 pic.twitter.com/EqOvgjjlLz

— Eric July (@EricDJuly) December 22, 2022

Okay, let me comment on the most popular articles on Twitter,

"What the hell happened to PayPal"

Same thing that happened to NetFlix & Disney+

Four words—The woke mind virus

Four more words—Go woke, Go broke

Four final words—This Tweet will AgeWellhttps://t.co/r30pIGhkKC

— Nick Flor 🥋+🇺🇸 (@ProfessorF) December 14, 2022

Market Watch provided these figures:

The news helped send Disney’s stock down 4.8% Monday, the biggest decline of the day for a Dow Jones Industrial Average DJIA, -1.99% component, to $85.78 — two cents shy of Disney’s lowest closing price since 2014.

“Avatar’s” less-than-stellar start is just the latest setback for Disney shares, which have declined 44.6% this year, putting them on pace for their biggest annual percentage drop since 1974, according to FactSet.

NATIONAL POLL: Do You Trust Fox News?

The broader S&P 500 index SPX, -2.49% is down 19.9% in 2022, and the Dow is down 9.9%.

https://twitter.com/_ExcaliburGold/status/1604926790186704909

Breitbart writes:

Disney’s problem is that parents no longer trust a company that sneaks around behind their backs, sexualizing small children with transsexual propaganda, homosexuality, and drag queens.

Disney’s problem is that it has gone woke, which has killed the Star Wars, Toy Story, and Pirates film franchises (Pirates because the fascists at Disney condemned the now-exonerated Johnny Depp without a trial).