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Taking out the parks, which have their own trouble, Disney is seriously hurting on the content production side. A huge number of their movies and shows over the last several years have barely broken even or actually lost money. Star Wars and Indiana Jones are pretty much dead. Marvel is failing, to the point they paid Robert Downy Jr. an insane amount of money to come back to the franchise. And their animated movies aren't doing much better.
Yeah, they have the occasional success, but that's not enough to pay for all their failures.
It's so bad the CEO was given the boot and there was an attempted shareholder revolt against the current one. Companies that are succeeding don't do that.
Don't confuse the fact that Disney still has a lot of revenue with it being successful. Even Disney personnel recognize the trend is not their friend.
Now I don't think Disney's struggles are because of wokeness per-se. I think is has more to do with terrible writing and storytelling. But the fundamental point is; Disney is not broke, but it is moving in that direction.
Its ♥♥♥♥♥♥♥ funny how a racist Disney had more funds and most of the planet enjoying their content for decades, and now with lefties and "woke" ♥♥♥♥ they are loosing money, votes, and millions are boicoting their stuff.
I guess ppl never change and the minorities will never win. No offense :) but its not that hard to figure what 95% of the planet wants and don't.
They mightn't be broke... yet... but some of their recent films haven't made a profit.
The last 2 decades for media will not be remembered fondly by most people. When watching a critic ridicule a piece of media is more entertaining than the media you know somethings wrong.
https://www.forbes.com/sites/dereksaul/2024/05/07/disney-stock-limps-to-worst-day-in-12-months-despite-surprise-disney-profit/
Crazy how they shoehorn themselves into every caveat of daily life isn't it? You never really get the option to not engage with these people, not even in a video game. Forced discussions on their terms with their rules and you're the problem if you don't let them brow beat you with their ideology.