House of Mouse Pays Price for Going Woke
(Woke Watch is a periodic feature spotlighting the folly of Left-wing orthodoxy.)
Americans have rocked the woke. Disney recently admitted what every shareholder and reasonable observer has long known: Its activist strategy has negatively impacted its financial situation.
In its SEC filing, the company revealed, “We face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products…. Further, 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.”
Translation: We goofed when we went full-woke . . . Read the full article here: https://www.foxbusiness.com/economy/death-woke-capitalism