What happens when an irresistible force like “Too big to fail” meets an immovable object like the ironclad law, “Get woke, go broke”? It appears that what’s happening is that some of the most powerful entertainment megacorps are cracking up due to self-inflicted wounds caused by putting leftist virtue signaling ahead of serving their core customer base. Cases in point: Netflix and Disney, two companies that got very woke, very arrogant and are having a very bad week/year.
Wednesday, Netflix suffered a 35.1% drop in its stock price, the worst since 2004, after announcing that instead of the expected first quarter subscriber increase, it lost 200,000 subscribers. Including Wednesday, Netflix’s stock is down 62% for the year.
https://www.wsj.com/articles/netflix-stock-price-plunges-premarket-after-subscriber-loss-11650449002
Netflix’s plunge dragged down other large streaming services, including Disney, which dropped by 5.6%.
Of course, there are a number of contributing factors. People are going back to work after the pandemic (Note to Washington: the pandemic is OVER!) and not streaming Netflix all day. There’s rising competition. Netflix just raised its prices at a time when Americans are cutting expenses due to high inflation. All of these things give them cover to ignore a cancer they’d rather pretend doesn’t exist, but Elon Musk, as usual, dared to voice the unspeakable truth on Twitter: “The woke mind virus is making Netflix unwatchable.”
And he’s right: Netflix used to provide fun movies to distract us from the problems of the world. Now, they concentrate more on creating “original” programming (I have to put "original" in quotation marks) that pushes woke messages and undermines traditional moral values. It was admirable that they actually refused to “cancel” Dave Chappelle for daring to tell jokes about radical LGBTQ activists, but they still knuckled under by vowing to spend millions on shows pushing their message. In fact, they’ve squandered tons of money on woke message shows that hardly anyone is watching.
And Robert Spencer at PJ Media reminds us of some of Netflix’s recent brilliant programming decisions, from a documentary narrated by Barack Obama (can you imagine them asking Trump to narrate a show?) to a cartoon series that attacked Christians in a vulgar fashion to the execrable “Cuties,” which was basically an attempt to mainstream kiddie porn.
And they wonder why people refuse to pay to pipe this sewage into their living rooms?
Meanwhile, Disney has its own set of self-created problems. Wednesday, Florida’s Senate voted to end the self-governing status Disney has enjoyed since Walt Disney World was built. It’s expected to pass the House, and Gov. Ron DeSantis will likely sign it, since he already called for it.
While popular with most on the right, some are protesting that it’s anti-free speech to punish Disney for taking political stands. Others, however, say the reason is unimportant; that kind of crony capitalism should’ve ended long ago anyway.
Personally, I think they should be viewed as two separate issues. No, Disney shouldn’t have such a sweetheart deal. And yes, both Florida political leaders and parents are justifiably outraged. Disney isn’t just “taking a political position.” They’re diving headfirst into leftist political activism. They’re also destroying their nearly century-old reputation as a creator of safe, wholesome family entertainment in favor of pushing inappropriate sexual messages and LGBTQ propaganda onto small children.
If the current CEO thinks that mollifying the loudest, most radical activists on his staff is more important than maintaining the company’s reputation and customer base, then it deserves to drop in stock value and lose business. And he deserves to be replaced. There are already whispers of that happening. Couldn’t happen fast enough, if you happen to be a Disney stockholder.
https://nypost.com/2022/04/20/as-disney-flails-hollywood-weighs-a-possible-bob-iger-comeback/
By the way, if Netflix and Disney would rather go into the grooming and indoctrination business than provide family-friendly entertainment, there are any number of other companies ready and willing to fill the void. Ben Shapiro of the Daily Wire recently announced a $100 million investment in creating children's entertainment.
https://www.washingtonpost.com/nation/2022/03/31/daily-wire-kids/
Here’s another new channel that “Full House” star Candace Cameron Bure is helping to launch.
And our pop culture guru Pat Reeder listed some others recently, which I’ll repost below. So it’s not as if we’ll run out of anything to watch if we don’t have Netflix or Disney:
From Pat: If you’re looking for Christian-oriented programming for the whole family, first stop would be TBN, where we do the “Huckabee” show. With that shameless plug out of the way, there are also lots of other great shows on TBN. They even have a 24-hour free streaming service of programs for kids ages 2-12. It’s called Smile of a Child TV, and you can sign up here:
Some other popular Christian streaming services that offer movies, family-friendly TV series and kids programming are Pureflix (https://www.pureflix.com), Minno (https://www.gominno.com), Faith Life TV (https://faithlifetv.com), Up Faith & Family (https://uptv.com) and the Dove Channel (https://www.dovechannel.com.) If you’re just looking to stream movies, there’s Christian Cinema (https://www.christiancinema.com) and Vid Angel, which offers regular movies with the objectionable material edited out, the way broadcast TV does -- or used to (https://www.vidangel.com.)
If you have an Amazon Prime membership for free shipping, it includes all sorts of other benefits, including free streaming of music and thousands of movies and TV shows. And if you have any cable service with Turner Classic Movies, you can get the TCM app for your Firebox, Roku, etc., and stream a constantly-changing assortment of classic films from the days when Hollywood made movies instead of political speeches.
YouTube is owned by Google, which I hate to support, but if you’re willing to sit through brief commercials, you can watch it for free. There are now hundreds of full-length movies on YouTube, as well as episodes of older TV shows and classic cartoons, where Bugs Bunny in a dress is the closest you'll get to gender politics messages.
Or you could just watch old sitcoms on Hulu. But you should know it’s owned by Disney.
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