Disney does that to appeal to what the woke media tell them Western audiences want, or maybe even in the service of a social engineering project unrelated to their prospects of making a profit in the short term.
But they capitulate to China in a desperate effort to compensate for their plummeting profits in Western markets, and use tactics to do so that upset the same ideologically possessed media that their other face is endlessly kowtowing to.
Now they've alienated both groups, as well as their traditional Western audience, but still, investors are pumping billions into their stock without any realistic prospect of seeing a positive return.
Hmmm....
Disney does that to appeal to what the woke media tell them Western audiences want, or maybe even in the service of a social engineering project unrelated to their prospects of making a profit in the short term.
But they capitulate to China in a desperate effort to compensate for their plummeting profits in Western markets, and use tactics to do so that upset the same ideologically possessed media that their other face is endlessly kowtowing to.
Now they've alienated both groups, as well as their traditional Western audience, but still, investors are pumping billions into their stock without any realistic prospect of seeing a positive return.
Humm.