Breitbart Reports: The Walt Disney Co. faces another lawsuit accusing management of deliberately deceiving investors about the financial health and long-term prognosis of Disney+, the company’s troubled streaming service.
Shareholders are likely furious over the stock price, which continues to hover near a nine-year low and is now worth less than half of what it was just a few years ago.
The suit claims that in December 2020, Disney executives “repeatedly misled investors” about just how much money Disney+ was losing and that these “wrongful acts and omissions” brought about the “precipitous decline in the market value” of Disney stock.
Among the current and former Disney executives named in the lawsuit are former CEO Bob Chapek, current CEO Bob Iger, and former CFO Christine McCarthy. McCarthy had been with the company for 23 years before exiting unexpectedly in June under bizarre circumstances .
Of course, the dog that isn’t barking is the only one that matters. It was right around this time that Disney launched its divisive culture war through every one of its divisions. Transvestites greet children at Disney theme parks. Disney’s “children’s” movies are filled with adult sexuality, including transsexuals and homosexuality. Disney’s TV and streaming shows expose little kids to drag queens and transsexuals.
This is the very definition of grooming, and Disney openly grooms little kids. That’s why theme park attendance is down. That’s why Disney+ is a catastrophe. Disney has become a company obsessed with sexual fetishes and identity politics. The betrayal of its family-friendly brand is truly jaw-dropping.
Comments
disqus_tcMhXsphop
from the old Disqus comment system
Aug 31, 2023
serves disney right for what they did and no doubt their actions scared off future investors and current ones too
notwokeshows
from the old Disqus comment system
Aug 31, 2023
Profit margins on streaming services are apparently low. I would have thought Disney was among those making a profit... or at least breaking even but nope. All of these losses are creating a perfect storm for investors to demand change within the company.