Disney Admits ‘Misalignment With Public and Consumer Tastes’ Has ‘Adversely Impacted’ the Company, SEC Filing Reveals

Published on November 28, 2023

After years of unsuccessfully trying to force its woke agenda upon its customers, the world’s largest family entertainment company is finally admitting there may be some truth to the saying coined by Florida Gov. Ron DeSantis: “Go Woke. Go Broke.” According to its latest filing with the United States Securities and Exchange Commission (SEC), the Walt Disney Company acknowledged that it faces “risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel, and consumer products,” and that “revenues and profitability are adversely impacted” when their “entertainment offerings and products” don’t “achieve sufficient consumer acceptance.” Conversely, it describes itself as “a diversified worldwide entertainment company” with “Diversity, Equity and Inclusion” objectives that include “building teams that reflect the life experiences of our audiences, while employing and supporting a diverse array of voices in our creative and production teams.”...