I understand coronavirus has really taken a toll on their net income (due to park closures), but things like Disney plus, and their movies have been exploding. They also own more IPs then ever before.
From an investors standpoint, why does Disney keep alienating half of their audience? I understand being a little “political” and maybe supporting pride month, but Disney takes it to another level.
I’m not saying I agree or disagree, but from a business standpoint it just doesn’t make sense.
It also makes them look hypocritical when they act all woke and then censor their movies to remove minorities and LGBT themes for the Chinese audience. That’s not a good look on the company.
I’m sure DIS will be fine eventually but they have a rough road ahead
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