Morning Wire Disney Failures & Saudi Arabia Influences Iran | 12.1.23
Dec 1, 2023
Dive into Disney's struggles with disappointing film releases and a disconnect from audiences. Hear about the fiery clash between Elon Musk and Disney over advertising on X. Shift gears to Saudi Arabia's attempts to negotiate with Iran, aiming for stability in the Middle East. Plus, learn about a concerning outbreak of pediatric pneumonia in Ohio, as experts discuss rising seasonal viruses and public health implications. Tune in for insights on entertainment, geopolitics, and health issues.
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Disney's Misalignment with Public Taste
- Disney's films and shows are misaligned with public taste, potentially due to their social and environmental stances.
- This misalignment, along with other factors, has led to box office flops and a significant drop in stock price.
Disney's Box Office Disappointments
- Disney's "Elemental" had the worst opening in Pixar's history, and "The Marvels" performed poorly as well.
- These failures, coupled with the company's stock price decline, reflect Disney's struggles.
Musk vs. Disney
- Elon Musk criticized Disney for pulling advertising from X due to free speech concerns, claiming the public is already boycotting them.
- Disney CEO Bob Iger stated the decision was based on discomfort with the platform's direction under Musk.