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Saturday, April 20, 2024

Disney Stock Has Tumbled Nearly 50% Amid Woke Backlash

There are at least 14 countries that have banned the showing of the film due to its content...

(Pamela Cosel, Headline USA)  It’s hitting Disney in the company’s pocketbook these days, the overall aversion to their “woke” agenda in new movies.

This year, the value of Disney’s stock is inching toward a loss of 50% as parents and families seek other means of entertainment in light of the leftist content pushed by the Mouse, reported RedState.

The new release Lightyear includes showing a lesbian kiss, and while not a problem for adults, many parents just don’t want their children being exposed to such scenes at young ages.

With the movie costing $200 million to make, opening weekend brought in just $51 million domestically and $84 million worldwide. There are at least 14 countries that have banned the showing of the film due to its content, which “violates their media standards,” according to the Daily News.

Disney fans also have complained that the actor Tim Allen, who voiced the original Buzz Lightyear for more than two decades, was replaced by Chris Evans.

What was once a panacea and vacation spot that all families wanted to take their children to has now become a place to avoid, due to the current woke perspective touted by Disney.

Disney’s new show, Ms. Marvel, airing on streaming service Disney+ is also seeing the lowest viewership of any of its releases. Numbers used to be in the millions, but Ms. Marvel, had just 775,000 households tune in.

Disney’s stock in March 2021 had reached an all-time high of close to $200 per share before it began falling. That was spurred by the company’s histrionics over Florida’s objection to teaching gender identity and sexual orientation to students in kindergarten through third grade.

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