Disney refuses to get out of its own way. The company is bleeding money, and stockholders are seeing the company\u2019s losses intensify every time that the entertainment giant releases a new film, it seems. Now, with the highly anticipated \u201cSnow White\u201d live-action remake being crushed under the weight of the company\u2019s constant woke lecturing, Disney seems poised to suffer yet another massive loss at the box office.<\/p>\n
Disney is continuing to lose money hand over fist. The company has seen losses of $512 million in the last quarter and watched as its Disney+ streaming service continues to lose its subscriber base rapidly. Even the amusement parks that have held so strong for years have seen a decline in attendance this summer, a worrying sign for anyone who is bullish on the future of Disney stock.<\/p>\n
The company has gone so far astray that the son of the creator of the original \u201cSnow White\u201d film, which played a key role in cementing Disney as the leader in cartoon entertainment, has spoken out against the company for its casing decision with the new movie.\u00a0David Hand<\/a>\u00a0spoke to The Telegraph about the disgust that he feels for the way that new Disney leadership has ruined the memory of his father\u2019s masterpiece.<\/p>\n \u201cI mean, it\u2019s a whole different concept,\u201d<\/em>\u00a0said Hand, \u201cand I just totally disagree with it, and I know my dad and Walt would also very much disagree with it. I think it\u2019s pathetic that people feel that way\u2026 these are art forms in the world of film today.\u201d<\/em><\/p>\n Going more in-depth about what he believes the company is doing wrong, Hand said,\u00a0\u201cThey change the stories, they change the thought processes of the characters, they just aren\u2019t the original stories anymore. They\u2019re making up new woke things and I\u2019m just not into any of that. I find it quite frankly, a bit insulting that they may have done with some of these classic films.\u201d<\/em><\/p>\n This isn\u2019t the only film that could cost Disney millions. The recent Indiana Jones release is reported to be poised to lose $100 million according to\u00a0The American Tribune<\/a>. That film was set to right the ship for Disney, who were suffering mightily in their many attempts to revive old successful franchises.<\/p>\n