After failing to meet profit expectations, Disney fired CEO Bob Chapek on Sunday, less than two weeks after the entertainment conglomerate’s former chief executive released a memo to senior leaders calling for some “tough and uncomfortable decisions” through job cuts, travel restrictions and hiring freezes.

Disney, which employs about 190,000 workers, reported that its parks and media divisions fell short of profit projections during its fiscal fourth quarter (July–September). And Disney’s streaming services, which include Hulu, ESPN+ and Disney+, lost $1.47 billion during its most recent quarter.

Fourth-quarter revenue in the entertainment and media division fell 3% year over year to $12.7 billion compared to the same period last year, as the company’s direct-to-consumer and theatrical businesses struggled. Analysts had forecasted this segment’s revenue at $13.9 billion, according to StreetAccount estimates.

And Disney’s Chief Financial Officer Christine McCarthy has lowered investor expectations for the new fiscal year, forecasting revenue growth of less than 10%. The company reported 2022 fiscal revenue growth of 22%.

Suzanne Bowdey, editorial director and senior writer at the Family Research Council’s The Washington Stand, attributesDisney’s financial volatility “to the very public feud between Disney and Florida Governor Ron DeSantis (R), which outed the company as viciously anti-parent and pro-indoctrination.”

Bowdey writes further: “After content creators bragged that they were focused on ‘queering’ and sexualizing children, families started walking away from the entertainment magnate in mass. People canceled their vacations, dropped their subscriptions, and generally turned their backs on the 99-year-old franchise.”

But it doesn’t seem Disney is ready to correct course. Bob Iger, who has led Disney’s woke transformation since 2005, has been named Disney’s new CEO. Iger served as Disney’s executive chairman until last year.

The Political Forum’s Stephen Soukup, author of “The Dictatorship of Woke Capital,” lauds Disney’s decision to remove Chapek.

But, Soukup told The Washington Stand, “Unfortunately, by reverting immediately to the leadership of the man who designed and initially implemented the company’s current social and political strategies, the board did itself and its shareholders no favors. Bob Chapek may have drawn the public’s ire for his poor execution of Disney’s ‘woke’ approach, but that approach was Bob Iger’s in the first place.”

HD Editor’s Note: Why Is This News Biblically Relevant?

Jack Hibbs, Pastor of Calvary Chapel Chino Hills, in his recent article, “Lot’s Fatal Flaw Was Compromising His Household To The Mob of Perversion,” wrote:

Compromise is a slippery slope, and it doesn’t take long to slide backward into moral apathy.

I’m here to tell you, my friend, that you and I are like Lot in today’s culture. We stand at the threshold of our homes as society pounds on our door with demands to give into immorality. We have the choice to make a stand or to compromise…often at the expense and to the detriment of our children.

Look no further than Florida for proof.  Disney, which was once a champion of families, has descended to the point where it stands in opposition to a common-sense law that protects kindergarteners through third-graders from sexual indoctrination (whether gay or straight) in schools. The company executives are actively and aggressively looking for ways to “add queerness” wherever possible to children’s programming, thanks to a “not-at-all-secret gay agenda.” They are removing the terms “ladies and gentlemen, boys and girls” from their theme parks to encourage the notion of gender fluidity.

In short, they are knocking on the door of your household with the intention of sexualizing your children and violating their innocence.

You have a choice to make a stand or give in to compromise. Imagine if we all had the backbone to say what Lot didn’t: “No. Never. I am the protector of this household and all who enter this home. Take your perversion and get out of here!”

But here’s the allure to compromise for most of us: Disney produces really entertaining, high-quality, emotionally captivating, visually stunning, ear-catching, nostalgic products. It’s really hard to say no.

And it’s not just Disney who is knocking. The list of knockers grows with each passing day. What it takes is a conscious decision and a firm stance to guard your threshold.

After failing to meet profit expectations, Disney fired CEO Bob Chapek on Sunday, less than two weeks after the entertainment conglomerate’s former chief executive released a memo to senior leaders calling for some “tough and uncomfortable decisions” through job cuts, travel restrictions and hiring freezes.

Disney, which employs about 190,000 workers, reported that its parks and media divisions fell short of profit projections during its fiscal fourth quarter (July–September). And Disney’s streaming services, which include Hulu, ESPN+ and Disney+, lost $1.47 billion during its most recent quarter.

Fourth-quarter revenue in the entertainment and media division fell 3% year over year to $12.7 billion compared to the same period last year, as the company’s direct-to-consumer and theatrical businesses struggled. Analysts had forecasted this segment’s revenue at $13.9 billion, according to StreetAccount estimates.

And Disney’s Chief Financial Officer Christine McCarthy has lowered investor expectations for the new fiscal year, forecasting revenue growth of less than 10%. The company reported 2022 fiscal revenue growth of 22%.

Suzanne Bowdey, editorial director and senior writer at the Family Research Council’s The Washington Stand, attributesDisney’s financial volatility “to the very public feud between Disney and Florida Governor Ron DeSantis (R), which outed the company as viciously anti-parent and pro-indoctrination.”

Bowdey writes further: “After content creators bragged that they were focused on ‘queering’ and sexualizing children, families started walking away from the entertainment magnate in mass. People canceled their vacations, dropped their subscriptions, and generally turned their backs on the 99-year-old franchise.”

But it doesn’t seem Disney is ready to correct course. Bob Iger, who has led Disney’s woke transformation since 2005, has been named Disney’s new CEO. Iger served as Disney’s executive chairman until last year.

The Political Forum’s Stephen Soukup, author of “The Dictatorship of Woke Capital,” lauds Disney’s decision to remove Chapek.

But, Soukup told The Washington Stand, “Unfortunately, by reverting immediately to the leadership of the man who designed and initially implemented the company’s current social and political strategies, the board did itself and its shareholders no favors. Bob Chapek may have drawn the public’s ire for his poor execution of Disney’s ‘woke’ approach, but that approach was Bob Iger’s in the first place.”

HD Editor’s Note: Why Is This News Biblically Relevant?

Jack Hibbs, Pastor of Calvary Chapel Chino Hills, in his recent article, “Lot’s Fatal Flaw Was Compromising His Household To The Mob of Perversion,” wrote:

Compromise is a slippery slope, and it doesn’t take long to slide backward into moral apathy.

I’m here to tell you, my friend, that you and I are like Lot in today’s culture. We stand at the threshold of our homes as society pounds on our door with demands to give into immorality. We have the choice to make a stand or to compromise…often at the expense and to the detriment of our children.

Look no further than Florida for proof.  Disney, which was once a champion of families, has descended to the point where it stands in opposition to a common-sense law that protects kindergarteners through third-graders from sexual indoctrination (whether gay or straight) in schools. The company executives are actively and aggressively looking for ways to “add queerness” wherever possible to children’s programming, thanks to a “not-at-all-secret gay agenda.” They are removing the terms “ladies and gentlemen, boys and girls” from their theme parks to encourage the notion of gender fluidity.

In short, they are knocking on the door of your household with the intention of sexualizing your children and violating their innocence.

You have a choice to make a stand or give in to compromise. Imagine if we all had the backbone to say what Lot didn’t: “No. Never. I am the protector of this household and all who enter this home. Take your perversion and get out of here!”

But here’s the allure to compromise for most of us: Disney produces really entertaining, high-quality, emotionally captivating, visually stunning, ear-catching, nostalgic products. It’s really hard to say no.

And it’s not just Disney who is knocking. The list of knockers grows with each passing day. What it takes is a conscious decision and a firm stance to guard your threshold.