“We face risks relating to misalignment with public and consumer tastes and preferences for entertainment, travel and consumer products, which impact demand for our entertainment offerings and products and the profitability of any of our businesses.”
“Many of our businesses increasingly depend on acceptance of our offerings and products by consumers outside the U.S. The success of our businesses therefore depends on our ability to successfully predict and adapt to changing consumer tastes and preferences outside as well as inside the U.S.”
“While Disney isn’t naming any country in particular, we can safely assume it’s referring to China…”
“Tickets start at $1,000 per person, Deadline reported, but rise to $500,000 for those who wish to be listed as co-chairs of the event.
A ticket for $25,000 or more will provide access to the photo line, which could possibly include first lady Jill Biden, who will reportedly attend the event.”
“The film has officially been pushed back to 2025, practically a year past its original release date. Naturally, it’s no secret as to why Disney is doing this. The overwhelmingly negative response from consumers is definitely proof that actions have consequences, but the situation runs far deeper than just poor planning on Disney’s part.”