Woke Disney loses $900Million in recent box office flops
Daily MailThe Walt Disney Company is looking at an almost $900 million loss following a series of woke flops at the box office. The Walt Disney Company is facing significant financial setbacks, with an estimated loss of nearly $900 million after a series of disappointing woke films Lightyear, released one year ago with a reported budget of $200 million, brought in a modest $226.7 million in worldwide ticket sales and received a decidedly mixed reception Under the control of current chief executive Bob Iger, Disney has followed the progressive path of many other U.S. corporations Disney no longer licenses content, such as the Marvel Cinematic Universe, to third-party platforms such as Netflix and Amazon and therefore has forfeited billions of dollars in potential revenue. The House of Mouse is essentially being propped up by the other profitable businesses including its theme parks & resorts and ESPN sports channels In March 2022, it was announced that staff members would no longer use 'gendered greetings' like 'boys and girls' or 'ladies and gentleman' The Little Mermaid has neared the $500 million worldwide box office milestone despite a slow start. Despite getting off to a somewhat slow start with a box office debut just under initial projections, The Little Mermaid has neared the $500 million worldwide box office milestone Guardians of the Galaxy and its most recent endeavor, a live action version of The Little Mermaid have failed to meet expectation while two other recent films, Strange World and Lightyear were complete failures In recent years, Disney has become increasingly woke. Disney's theme park is dubbed 'the most magical place on earth' - but the corporation has been embroiled in a spat with Florida Governor Ron DeSantis for almost two years DeSantis and Disney started last year after the company, in the face of significant pressure, publicly opposed legislation concerning a bill that critics called 'Don't Say Gay' Disney's CEO at the time, Bob Chapek, spoke against the bill, stating that it could 'be used to unfairly target gay, lesbian, non-binary and transgender kids and families'.