Over the last year, the once-profitable Walt Disney Company has lost almost $900 billion at the box office, largely due to criticisms about its films becoming woke, pro-LGBTQ, and otherwise promoting far-left views.
As reported by Just The News, the box office losses took place over the last 12 months, across 8 different films. One of its most recent films was the live-action remake of The Little Mermaid, which drew strong backlash due to the arbitrary decision to recast the titular character as a black woman, despite the original animated depiction in 1989 featuring a White woman. The film has currently made just under $500 million at the global box office against a budget of $250 million; when factoring in other heavy costs such as the marketing campaign and theater profits, the film is currently struggling to break even.
The most recently-released film is the CGI animated film Elemental, which brought in just $29.5 million at the domestic box office, thus representing the worst opening weekend in Disney’s history. In November, the company released a CGI animated film called Strange World, featuring the first LGBTQ lead character in the studio’s history. The film became one of the biggest box office bombs ever, grossing just $73.6 million against a budget of up to $180 million, thus costing Disney as much as $200 million in losses.
All totaled, the eight most recent films from the company cost a collective amount of $2.75 billion to make, from production to promotion, but are estimated to earn Disney just $1.86 billion.
The next film on Disney’s calendar is the fifth and final installment of the beloved Indiana Jones franchise, Indiana Jones and the Dial of Destiny. As the only film in the iconic series to not feature original director Steven Spielberg and co-creator George Lucas, and with a staggering production budget of $300 million, the film is expected to be another flop that will mark a massive loss for Disney. Early reviews have criticized the film for making its aging legendary lead character (played once again by Harrison Ford) largely take a backseat to a new feminist character (played by Phoebe Waller-Bridge).
The decline has been attributed to many of Disney’s films, from original productions to remakes and sequels, often race-swapping or gender-swapping lead roles, forcing minorities, feminist women, and sexual minorities onto the impressionable young children whom the movies are targeting.
“Disneyland used to have a brand – it was all about enmeshing you in a fantasy world with princes and princesses,” Ben Shapiro tweeted. “Now you have to explain to your 4-year-old why this man with a mustache is wearing a dress and calling himself a fairy godmother. It’s ridiculous.”
Other concerns plaguing the company include the rising costs of attending their signature amusement parks, from California to Florida. In a recent survey of over 1,900 self-described “Disney World enthusiasts,” 93 percent said that the costs of visiting Disney World are now too great for the average family to afford. As a result, those polled say, “Disney World has lost its magic.”
When former CEO Bob Iger ousted his successor Bob Chapek and returned to his old position, he announced that the company would be cutting up to $5.5 billion worth of costs, which included laying off at least 7,000 employees.