'Structural rot': State yanks investments from super-woke Disney

 December 26, 2023

This story was originally published by the WND News Center.

Disney recently confessed that its pro-woke social agenda and ideologies have cost the company and as a publicly held corporation, its investors.

The company has been on a screed for several years now to promote the LGBT ideology, fight conservative moves to protect children in schools, and demand special privileges from the state of Florida, where it has large properties.

It has needed, recently, to discount children's tickets at Disneyland and Disney World because of the fallout and attendance is down.

In fact, in an SEC report, the company conceded, "We face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel, and consumer products.

"The success of our businesses depends on our ability to consistently create compelling content. Generally, our revenues and profitability are adversely impacted when our entertainment offerings and products, as well as our methods to make our offerings and products available to consumers, do not achieve sufficient consumer acceptance."

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