2024-05-17

Descent Into Woke Cost Disney+ $4 Billion as Stock Continues to Sink

The Disney Grooming Syndicate has already lost $4 billion — with a “B” — on Disney+, according to disgraced CEO Bob Iger. Does Bob Iger acknowledge that Disney’s open crusade to groom and “queer” little kids hurt Disney’s bottom line and permanently destroyed what was once the gr

Breitbart Reports: The Disney Grooming Syndicate has already lost $4 billion — with a “B” — on Disney+, according to disgraced CEO Bob Iger.

Does Bob Iger acknowledge that Disney’s open crusade to groom and “queer” little kids hurt Disney’s bottom line and permanently destroyed what was once the greatest brand in entertainment history?

Nope.

So what does Bob blame this breathtaking $4 billion loss on? Get a load of this [emphasis added]…

“As we got into the streaming business in a very, very aggressive way, we tried to tell too many stories,” Iger said on a recent webcast. “Basically, we invested too much, way ahead of possible returns. It’s what led to streaming ending up as a $4 billion loss.”

"We tried to tell too many stories."

Yeah, that was the problem. Iger does at least admit that the quality of those stories was also an issue:

The result of spending more on content than could be turned to profit “resulted in volume and not quality, which turned out to be a mistake,” Iger added. The Disney boss conceded volume was required to win the streaming wars against rivals like Netflix and Prime Video.
But he added: “There’s a very fine line that you can cross and get in trouble if your volume ends up diluting management’s attention to what is being made is right. And that’s what happened to us. So I have pulled that back,” Iger told the conference.

Too many stories without enough focus on quality. In other words, this $4 billion loss had nothing to woke diatribes, gay propaganda , and left-wing talking points .

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Comments

  • notwokeshows

    notwokeshows

    from the old Disqus comment system

    May 17, 2024

    The company seemingly failed math. 5% of the population can't support a giant enterprise like Disney. It takes a long time to build a great reputation and only a short time to destroy it... getting it back is all but impossible.

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