Disney's shareholders should be taking a closer look at the current management. Their desire to butt into local political issues with their Woke religion may cause catastropic longterm loss of shareholder value. In a matter of a month, Disney is losing over $500M in State of Florida taxbreaks and benefits. But that may be the tip of the iceberg. With Republicans likely to retake congress there is beginning to be discussion about major repeal and changes to copyright protection. Disney, by courting both sides of the political aisle for years has maintained an unprecedented level of copyright protection. As recently as 1998 they had bipartisan legislation pushed through that protected many Disney characters that were slatedd to become public domain.
https://en.wikipedia.org/wiki/Copyright_Term_Extension_Act
But Mickey has attempted to bully half of the country's political representatives. The loss of these special protections would cost Disney Billion$ on an annual basis. An even greater threat is management is taking a universally popular brand and making it toxic to half of the country. Many parents are now viewing Disney productions as no longer safe for their children. Parents that put up with the Disney trip for the benefit of their kids are now not taking the kids to the parks. They are fearful of child molestation.
Yes, Disney is huge and diversified, But to destroy the irretrievable value of an iconic brand is simply management malpractice from an arrogant team not focused on success, but on their personal political views. Fully expect some interesting legistlation to begin January 2025.
https://en.wikipedia.org/wiki/Copyright_Term_Extension_Act
But Mickey has attempted to bully half of the country's political representatives. The loss of these special protections would cost Disney Billion$ on an annual basis. An even greater threat is management is taking a universally popular brand and making it toxic to half of the country. Many parents are now viewing Disney productions as no longer safe for their children. Parents that put up with the Disney trip for the benefit of their kids are now not taking the kids to the parks. They are fearful of child molestation.
Yes, Disney is huge and diversified, But to destroy the irretrievable value of an iconic brand is simply management malpractice from an arrogant team not focused on success, but on their personal political views. Fully expect some interesting legistlation to begin January 2025.