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Walt Disney's disenchanted kingdom
Disney recently had its worst day in a year on the stock market, with its shares falling 10 percent to US$105. Could that have something to do the company’s embrace of LGBT-friendly entertainment.
The Catholic League certainly thinks so. “Disney is still reeling,” it says in a recent press release, “because is still wants to manipulate children, selling the pernicious idea that it is normal for young people to want to switch to the other sex. It is not. It cannot be done. And it is nothing less than child abuse.”
It isn’t imagining things. GLAAD, an American LGBT adovocacy group, gave Disney a “good” rating for its films recently. It said that its streaming platform Hulu “delivered outstanding LGBTQ-centric stories”.
The Catholic League produced this half-hour video last year to highlight the iconic company’s drift wokeward. It's not for kids, by the way.
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David Page commented 2024-05-12 11:31:55 +1000I bought into Disney in early September. In 8 months, even with the ‘bad day’, my stock has gained 29 percent. I’m happy with that.
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mrscracker commented 2024-05-10 23:40:39 +1000It’s a shame but I hope Disney eventually figures out the maxim: “Go woke, go broke.” They’re pandering to a population that isn’t reproducing itself while at the same time alienating families who could provide the greatest number of future Disney customers.
It’s not a winning business model. -