The modern Walt Disney Company is the poster child for the dangers of corporate political overreach. And it turns out that their financial situation is even worse than they’ve previously acknowledged.
Disney’s prolific ability to shoot itself in the foot has manifested itself in rapidly decreasing t heme park attendance and interest. It’s manifested itself in an unnecessary conflict with Florida Governor Ron DeSantis that resulted in the company losing special governance over the Walt Disney World property.And it’s manifested itself in box office grosses, with a string of openly political films flopping in spectacular fashion. READ: DISNEY GETS EVEN MORE BAD NEWS AFTER SERIES OF FAILURES It’s no wonder that the company’s share price recently sunk to the lowest levels in a decade.But for […]
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