Disney has been dying a slow death for a long time should be clear to anyone even remotely familiar with the entertainment industry. Last summer, the company lost $900 million at the box office, and its streaming platform, Disney+, lost 1.3 million subscribers in just the last quarter of 2023. READ MORE: Disney Still Hasn’t Learned Its Lesson. Gina Carano Is Proof. Numbers like these should be easy red flags to stockholders and investors — as should the growing amount of blowback condemning woke content in TV shows and blockbuster films.
But they aren’t.
Ahead of the annual board meeting on April 3, Disney investors and stockholders cast votes for board directors — all of whom (with one exception) were up for reelection . After spending $40 million in a campaign to convince its own stockholders to vote for the status […]
Read the Whole Article From the Source: spectator.org
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