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Stock impact report

‘Politics is bad for business.' Why Disney's Bob Iger is trying to avoid hot buttons [Los Angeles Times (CA)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
The decision was the latest sign of Chief Executive Bob Iger's determination to keep Disney out of the culture wars. Bob Iger wants out of the culture wars. Walt Disney Co. and its chief executive have made a sharp pivot since doubling down on diversity and inclusion efforts in the wake of George Floyd's murder in Minneapolis four and a half years ago. At the time, Disney's top executives, including then-Chairman Iger, vowed in a message to employees: “We intend to keep the conversation going ... for as long as it takes to bring about real change.” The Magic Kingdom dropped its pomp greeting to fans for its nightly fireworks display. “Good evening, ladies and gentlemen, boys and girls” became a gender-neutral salutation to “dreamers of all ages.” Pixar's animated movie, “Lightyear,” included a brief kiss between two women characters; and Disney's animated film, “Strange World,” featured the company's first biracial queer teen hero. But in the past week, Disney acknowledged th Show less Read more
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