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Disney has more or less admitted, they went woke, got broke in a new SEC filing

Posted by: notfabio on Nov 29, 08:46

https://www.sec.gov/ix?doc=/Archives/edgar/data/1744489/000174448923000216/dis-20230930.htm

"risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel, and consumer products," and that "revenues and profitability are adversely impacted" when their "entertainment offerings and products" don't "achieve sufficient consumer acceptance."

Disney has more or less admitted, they went woke, got broke in a new SEC filing notfabio Nov 29, 08:46

"risks relating to misalignment with public and consumer tastes and preferences for entertainment " {nm} notfabio Nov 29, 08:47

Or maybe they needed to just get better writers for their projects. {nm} Jay_Beezy Nov 29, 08:53

I think there's definitely a level of brand distrust for their filmed entertainment at this point for a variety of reasons. notfabio Nov 29, 09:12

and be willing to start again when something isn't working (ala Pixar, although maybe Pixar has gotten lazy about that too...lol) {nm} tealfan Nov 29, 09:48

Might I suggest white men? TheWeekendWarrior Nov 29, 10:06

In the future all films will star Chris Pratt instead of 75% of them. {nm} notfabio Nov 29, 10:30

I think Chris Pine is starting to make that percentage smaller {nm} TheWeekendWarrior Nov 29, 11:10

Reissuing Birth of a Nation could bring back the slack-jaws . . . If the hillbillies can panhandle the cash SenJohnBlutarsky Nov 29, 13:47

No recognition that the DE&I programs are part of what led to that, in fact they celebrate it. Already destroyed ESPN, which is 80% Disney terraformingearth Nov 29, 09:10

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