BURBANK, CALIFORNIA — Disney’s woke streaming service suffered a steep drop-off during the first quarter of 2023. Disney+ lost a whopping 4 million subscribers worldwide as it bleeds money with no sign of profitability in sight.
“Disney had a special place in my heart, and I was looking forward to making similar memories with my kids. Notice the past tense verbiage,” writes Katie Spence in the Maverick Observer. “Here’s why my family canceled Disney in our home and how you can push back against Disney’s LGBTQ indoctrination agenda.”
Spence goes on to write about how LGBTQ activists have effectively compelled companies to adopt LGBTQ-inclusive policies through threats of cancellation. But according to Spence, that same tactic can also work for conservatives.
As more customers wake up to Disney’s push of obsessing over skin color and “queer” and “transgender” content in its programming for children, families are abandoning the once magical entertainment company.
Disney reported 157.8 million Disney+ subscriptions worldwide this quarter, far short of Wall Street’s 163.2 million estimations. Disney’s streaming business lost $659 million since January. The streaming business – which also includes Hulu – lost more than $1 billion in each of the two past quarters.
Disney CEO Bob Iger said last year that he hoped the company would reach profitability in 2023, but it seems consumers are now turning away as it pushes a woke agenda to indoctrinate young children.