In yet another disaster for the woke company that used to produce movies and shows loved by children all around America, Disney is looking at the worst year for its stock since 1974 as it faces both economic headwinds and the costs of its own wokeness and stupidity.
Namely, it’s facing the problem of having produced a woke movie that no one wants to watch: James Cameron’s Avatar: The Way of Water. That film managed to bring in just $134 million domestically, which might seem like a lot of money but was tens of millions of dollars under what it was expected to bring in. In fact, the highly anticipated movie still fell short of cheery projections for it and did poorly in some larger markets that Disney has tried appealing to as of late, such as Red China.
The result has been a share price tumble of 5% on Monday alone, with shares in the Walt Disney Corporation now being on course for their worst yearly performance since 1974. When Disney stock closed at $85.78 on Monday, that was its lowest level since March of 2020.
That slide in the stock price came after a dismal year for the company, which was hammered by stock selloffs and the threat of a lost special tax status after a fight with Florida Governor Ron DeSantis over Florida’s Parental Rights in education bill. The woke company’s stock has now lost a whopping 56.5 percent of its value since it peaked at just under $200 per share in March of 2021.
Predictably, the company blamed the disappointing performance of Cameron’s new movie on Covid. Tony Chambers, Disney’s global head of theatrical distribution, said as much during an interview with the Wall Street Journal, saying “The problem is nobody wants to go to the cinema because they’ve been told that COVID is extremely dangerous. Although cinemas are open, the appetite for going to them isn’t really there.”
Ignored there, however, is the thought that maybe conservatives (half the country) are ignoring Disney and its movies because of its wokeness, as seems likely given its fights with DeSantis over the summer.
And while conservatives might be tuning out from the woke company’s propaganda, it hasn’t managed to appease its wokest critics. This time they’re mad because they think it’s “racist” that white actors were cast to play the…blue monkey people on a fictional planet. Breitbart, reporting on that, noted that:
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In a tweet on Sunday, Navajo artist and co-chair of Indigenous Pride Los Angeles, Yuè Begay, denounced Avatar as a “horrible & racist film” that must be boycotted.
“Join Natives & other Indigenous groups around the world in boycotting this horrible & racist film,” tweeted Begay. “Our cultures were appropriated in a harmful manner to satisfy some [white flag emoji] man’s savior complex.”
“No more Blueface! Lakota people are powerful!” she added.