BREAKING: Disney has fired CEO Bob Chapek, who pushed critical race theory and gender ideology in the company's programming and employee training. Huge rebuke of woke leadership.
After Chapek's disastrous fight with Gov. Ron DeSantis, Disney+ domestic subscriber growth collapsed, public approval dropped, and the stock price plummeted. Other causes contributed (economy, streaming saturation), but timing suggests they paid a price for the DeSantis fight.
Will be interesting to see if Iger, who is also left-wing, dials back the politics. I will be reaching out to my sources within the company in the coming weeks to see how the internal culture shifts.
- 𝐂𝐡𝐫𝐢𝐬𝐭𝐨𝐩𝐡𝐞𝐫 𝐅. 𝐑𝐮𝐟𝐨 ⚔️
@QtimeNetwork
After Chapek's disastrous fight with Gov. Ron DeSantis, Disney+ domestic subscriber growth collapsed, public approval dropped, and the stock price plummeted. Other causes contributed (economy, streaming saturation), but timing suggests they paid a price for the DeSantis fight.
Will be interesting to see if Iger, who is also left-wing, dials back the politics. I will be reaching out to my sources within the company in the coming weeks to see how the internal culture shifts.
- 𝐂𝐡𝐫𝐢𝐬𝐭𝐨𝐩𝐡𝐞𝐫 𝐅. 𝐑𝐮𝐟𝐨 ⚔️
@QtimeNetwork