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Lou Bassan, president of MDB Capital, notes the company's slow but promising turn against the "woke" culture that negatively affected its operations. This comes in contrast to former CEO Bob Chapek's ousting, which some attribute to his attempts to moderate Disney's political involvement after the controversies surrounding their stance on issues like Florida's legislation.
The Ongoing Cultural War Within Disney
Despite emerging optimism, critics argue that true moderation within Disney has yet to unfold.While the company appears to be adjusting its cinematic output, the parks remain replete with politically charged initiatives. Changes in communication and branding still hold the hallmarks of their "woke" ideology, as seen in ongoing messaging and experiences at their theme parks.