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Disney Admits Controversial Decisions in Films, Merchandise Resulted in Lost Revenue

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Disney Admits Controversial Decisions in Films, Merchandise Resulted in Lost Revenue
About 150 people attend a rally to oppose the Walt Disney Company's stance against a Florida law that prohibits schools from teaching their youngest students about sexual orientation and gender identity, outside of Disney's headquarters in Burbank, Calif., on April 6, 2022. Jill McLaughlin/The Epoch Times
Jill McLaughlin
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Pushing controversial ideologies 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.

Jill McLaughlin
Jill McLaughlin
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Jill McLaughlin is an award-winning journalist covering politics, environment, and statewide issues. She has been a reporter and editor for newspapers in Oregon, Nevada, and New Mexico. Jill was born in Yosemite National Park and enjoys the majestic outdoors, traveling, golfing, and hiking.
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