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Disney Faces Backlash Amid Shareholder Vote and Cultural Controversies

A Tumultuous Year for Disney

The past few years have proven to be exceptionally challenging for Disney, marked by significant financial losses and reputational hits. In 2023 alone, the entertainment giant lost over a billion dollars at the box office, highlighting struggles in its cinematic endeavors. Meanwhile, Disney’s streaming service, initially heralded as the company’s future cornerstone, remains unprofitable, accumulating billions in losses and casting doubt over its long-term viability.