Hollywoke Crumbling? April was a Disaster for Disney, Netflix & More

Hollywood corporates have for decades pushed woke lunacy and insulted American values. The month of April proved that they can no longer continue to do so without real-world financial consequences. 

To varying degrees, the past few weeks have seen a flurry of stock plunges, reduced expectations, quarterly losses, layoffs or high-profile firings among major entertainment players Netflix, Warner Bros. Discovery Corporation, Walt Disney Corporation.

Below is a rundown of the pain experienced last month in La La Land:

Netflix

Netflix announced on Tuesday, April 19, that they lost 200,000 subscribers during the first quarter of this year instead of an anticipated gain of 2 million. Netflix stocks tumbled 25%. In the nearly two weeks since the plunge, the streamer has announced layoffs and cancelled projects.

On April 20, Netflix gutted its original animation program, firing its director Phil Rynda and much of his staff. The streamer has since ceased production on multiple animated series, including a project that was in the works by Meghan Markle.

Then on April 28, Netflix fired the staff of its fan site, Tudum. One Tudum writer told The Daily BeastHe felt “Adam Scott” in his body. Severance“” refers to an Apple TV series about a dystopian workplace.

Warner Bros. Discovery

Warner Bros. Discovery, created in April from a merger of AT&T’s WarnerMedia and Discovery, Inc., saw its own stock drop last week after it announced that its 2022 profit would be lower than predicted. Discovery+ and HBO Max are among the many products that this company offers.

“Q1 operating profit and cash flow for WarnerMedia were clearly below my expectations,” Chief Financial Officer Gunnar Wiedenfels said at the company’s first earnings conference call on Tuesday, April 26. 

CNN+’s failure, also known as the “New Coke”, of media launches, caused financial losses for the conglomerate.

While both HBO Max and Discovery+ did gain subscribers in the first quarter, Discovery+ also introduced upcoming content that is likely to alienate audiences almost as much as Netflix’s The Cuties.

It premiered the trailer on April 26th. Generation Drag, a disturbing documentary celebrating child drag queens that will premiere June 1 on its service.  This trailer was already tweeted by Libs of TikTokThis was criticized widely in conservative media and could result in future subscriptions being lost.

Walt Disney Corporation

The Walt Disney Corporation is not helping its image by having your name linked to child grooming.  Disney was one of the top three worst performing stocks of April and the worst performing stock of the past year.

Bob Chapek, Disney’s CEO and founder of Disney Entertainment Company attacked Florida’s Parental Rights in Education Law in March. Then a leaked zoom meeting of Disney staff showed employees bragging about inserting “queerness” into kids’ shows.

In April, Disney faced a reckoning when Florida passed a law ending Disney’s autonomous Reedy Creek Improvement District, thereby abolishing the company’s tax privileges and self-governing status. 

Disney now wants to take over. Chapek announced Friday the resignation of Geoff Morell (Disney’s chief corporate affairs officer) on April 29th.

CNBC reported that Morell created the first response to Florida legislation. Disney refused to take a stand. LGBTQUIA activists then threw a hissy fit and pressured Chapek to fight the law.

So the one who was initially right is the one getting axed.

Left-wing Democratic operative Kristine Schake, hired at the beginning of April as head of global communications, will take over part of Morell’s role. Evidently, Disney is ignorant.

Hollywood elites should have heard the horror of April. However, until they recognize the problem, there is little chance that things will change.