Disney Admits ‘Woke’ Decisions in Films, Merchandise Resulted in Lost Revenue

Pushing “woke” ideology in its feature films and programs is affecting The Walt Disney Co.’s profits, the family entertainment giant admitted in its latest government filing. In its Securities and Exchange filing, a securities report filed Nov. 21, the company reported demand for its parks has not returned to levels seen before the COVID-19 pandemic. Viewership for theatrical films and TV shows has also dropped, Disney added. “Consumers’ perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands,” Disney said in the filing....