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re: Disney shareholders discussion

Posted on 11/10/22 at 8:22 am to
Posted by BillyGibbons
St. Somewhere
Member since Mar 2020
664 posts
Posted on 11/10/22 at 8:22 am to
Former Disney shareholder here. I also got into the category below.

quote:

And….on the parks and entertainment side….stop forcing LGTBQRX down the throats of everyone. I hate to say it but most parents of little girls around the world do not associate with that crap and they are the revenue stream for Disney. Why management fails to see that is beyond me.


I bought at $90 sold at $170. Family used to love Disney. Went to WDW for 8 consecutive years before COVID. Then I decided I wouldn’t give my money to a company that openly opposes traditional values and wants to interject ideas into children’s programming where they have no place.

I sold my shares, canceled Disney+, and will never go back to WDW. My hope is that there are many more like me and that the company continues to suffer until they reverse course.
Posted by Triple Bogey
19th Green
Member since May 2017
6036 posts
Posted on 11/10/22 at 8:44 am to
The complete disregard for shareholders is astonishing. Chapek has driven this company into the ground ever since he took over for Iger and the board just renewed his contract 6 months ago. There is a clear lack of leadership at the top and it seems like the board doesn't even give a shite.

I was listening to a bunch of people that were saying that Chapek was going to right the ship as far as the woke bullshite goes. He was being strategic about how he could fire people that were pushing that narrative. But after listening to the WSJ Interview with him, its pretty clear that he's doing nothing of the sort and in way over his head.
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