“Something is rotten in the state of Disney”

Politics is downstream of culture, and the Woke scolds are doing everything they can to destroy traditional culture.

Which brings us to the state of the culture with Disney as a microcosm, and Critical Drinker's video Disney - An Empire In Collapse

Failing entertainment franchises, political fights with Florida, animated movie flops, proxy fights, and more.

Over the past two years Disney's share price has declined almost 50 percent from an all-time high of nearly $200 a share in early 2021, to just $110 dollars in the present day. Damn, at one point it was down to less than $90 a share. You don't need to be a financial wiz-kid to know that that's a disastrous fall in value, and it reflects the growing lack of investor confidence in the company.

As Gary at Nerdrotic loves to point out, Disney fired their CEO in the middle of the night on a Sunday at an Elton John concert. That is not exactly the action of a healthy company.

There is much that is covered, but let's consider Star Wars, one of the two marque franchises purchased by Disney.

Under the not-so-wise stewardship of Kathleen Kennedy, one of the strongest IPs and biggest pop-culture influences in cinema history, has been reduced to a collection of cheap, low-effort, and mostly irrelevant TV shows on an unprofitable streaming service.

Apparently there are rumors that Disney is considering selling Star Wars. I'm not sure who would want to buy it, because it has been completely destroyed.

Then there is the upcoming movie in the Indiana Jones series. I will just ignore this

There's no getting away from it anymore, Disney is a brand in decline. Bloated and over-complicated, meandering with no clear sense of purpose, prioritizing quantity over quality, bereft of original ideas, and coasting instead on former successes, and getting caught up in divisive political controversies that are just bad for business.

At this point in the drama, the Big-Bad enters the picture. Investor Nelson Peltz launched his proxy fight to get a seat on the board.

Peltz has dropped his attempt given that Iger has basically agreed to do everything Peltz has said needs to be done. Of course if Iger backtracks on those statement, Peltz will be free to try a takeover again in a year. And if Iger can't do something to rebuild confidence in the stock, Peltz will probably have an easier time of it.

Here is the video. It is a bit longer than 11 minutes.