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70
Disney has realised the world works on capitalism as it begins ditching DEI/ESG. "We're making a movie, not hundreds of millions of dollars of therapy" - Pixar Creative Officer (youtu.be)
posted 91 days ago by Lupinate 91 days ago by Lupinate +70 / -0
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▲ 11 ▼
– Knew2u 11 points 91 days ago +11 / -0

In other words, the money they were getting, likely from NGOs or USAID, has dried up. They were being paid bigtime to push woke nonsense, so they didn't care about the message. Now all of a sudden they do?

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▲ 5 ▼
– Lupinate [S] 5 points 91 days ago +5 / -0

ESG money from the big hedges like Blackrock. That was what was funding the DEI crap. Now that's running dry (and Blackrock is in a bad way, 9% of the fund was requested for withdrawl by investors and only 5% got paid out recently), so there's no money to make ESG and DEI friendly bull.

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▲ 5 ▼
– Plebbitimmigrant 5 points 91 days ago +5 / -0

Exactly. They were getting big dollars from NGOs, USAID, and ESG investment firms.

The Boomers and Gen X which were one of the largest sources of capital for the investment firms to toss around. Have steadily been aging into retirement and putting their money into more stable assets and accounts. Meaning the firms no longer have billions to toss around and invest in losing propositions to push political BS.

USAID got the plug pulled. And USAID also kept quite a few of the NGOs swimming in cash as well.

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▲ 7 ▼
– Retaining_H2O 7 points 91 days ago +7 / -0

Too late. The DEI and LGBTQ toothpaste is already squeezed out of the tube. Disney can't just shove it back in there. It's already out. The public has seen what Disney is all about.

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▲ 4 ▼
– Framus 4 points 91 days ago +4 / -0

They ruined their brand just the same as Bud Light and Jaguar.

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▲ 3 ▼
– Plebbitimmigrant 3 points 91 days ago +3 / -0

Bud light can cling to life as cheap swill. Especially as higher end options go bust because young adults aren’t buying. Jaguar though has been hemorrhaging cash after their disastrous decision making

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▲ 1 ▼
– Plebbitimmigrant 1 point 91 days ago +1 / -0

The public is fickle and their memory is extremely short. As can be attested by the fact Disneys non-explicitly DEI/LGBT content can still reliably bring in Billions.

If their new CEO can successfully manage to hold on and keep the worst of the stupidity stamped down for a while. And put out stuff that can break even at least.

Odds are good Disney can pull off a comeback.

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▲ 1 ▼
– Cyberhawk 1 point 91 days ago +1 / -0

We’ll see. Watch how many will lineup for the next MCU movie. Doomsday, Dr.Doom, whatever it’s called. Disney even pulled out all the stops and got like every original actor back for their roles. They are trying to restart the 10-12 yr run again. And I’m betting it’ll work. As you said the public is fickle. “He’ll bring them death, and they will love him for it”. So true.

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▲ 3 ▼
– TaQo 3 points 91 days ago +3 / -0

Too Late.

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▲ 2 ▼
– HenryBowman1984 2 points 91 days ago +2 / -0

Yeah. Took them surprisingly long for a corporate stockholder owned capitalist organization.

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▲ 2 ▼
– Surfsup 2 points 91 days ago +2 / -0

F.U.C.K. D.I.S.N.E.Y.

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▲ 2 ▼
– Jacurutu99 2 points 91 days ago +2 / -0

But when the money was there and waved in front of their faces, they were happy to do it, so I will have to treat them as an entity that...well...DID try to deliver lectures that they thought I should pay for. It is going to have to remain costly for them

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▲ 2 ▼
– Plebbitimmigrant 2 points 91 days ago +2 / -0

Disney recently got a new CEO. And as their Box Office last year attests. They can still produce content that turns a profit should the mood strike them.

If he manages to keep the worst of the stupidity stamped down. Trims the fat and money sinks. They could likely pull off a comeback.

The general public is fickle and has short memories. Sad but true. They are also the ones who spend big bucks on Disney films. If Disney can produce enough neutral politically neutral/non-explicitly woke content. Odds are good in a decade it’ll be like the past 10 years never happened in public consciousness.

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▲ 1 ▼
– Lupinate [S] 1 point 91 days ago +1 / -0

If they keep DEI and sick pedo shit out of their films, I can see it.

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