The first three months of 2023 saw a sharp decline in Disney+ memberships, with the woke streaming service losing a staggering 4 million users worldwide. Overall, Disney’s streaming division continues to lose money, and profitability is nowhere to be seen.
While the termination of the Hotstar partnership in India was the primary cause of Disney+’s losses, the streaming service unexpectedly lost 300,000 members in the United States and Canada as more people became aware of Disney’s steadfast promotion of drag queen and transgender material in its children’s programming.
The studio announced 157.8 million global Disney+ subscribers for the quarter, much less than the 163.2 million memberships predicted by Wall Street. Disney’s streaming division lost $1 billion in the last three months of 2022, but this quarter’s $659 million loss was an improvement.
Disney executives predicted that Disney+ will become profitable in 2023 in statements made last year. However, considering the reduction in subscriptions, that objective seems to be much farther away.
Disney’s streaming division, which also includes Hulu, suffered losses of over one billion dollars in each of the two most recent quarters, according to Breitbart News. Disney is investing heavily in streaming, much like other established Hollywood companies, and has been spending a lot to take on Netflix and succeed.
Customers who were formerly loyal to Disney are now abandoning the brand as a result of its continued support for woke identity politics, notably transgenderism, drag queens, and other forms of gender nonconformity.
Loki, a Marvel series on Disney+, just made it known that its lead character is “gender fluid.” The transgender “man” in the animated Disney+ cartoon Baymax menstruates and offers advice for the best maxi pad: “get one with wings.”
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