- Disney shareholders rejected anti-DEI proposal on Thursday.
- A conservative think tank proposed that Disney stop participating in the Corporate Equality Index.
- Shareholders for Apple and Costco previously rejected similar proposals.
Just 1% of shareholders voted to approve the proposal
1% of shareholders, or the holders of 1% of shares?
This is a great fuckin question and one that’s probably more important than we realize
And an easy question to answer - 1% of shares. All businesses weigh shareholder votes by number of shares held.
Not all companies do that. It is possible to make dual class voting, where some shareholders shares have more votes than others. For instance Google, Meta, Ford, Warren.
Disney is still a fraud and a fake. The Disney magic.
“I guess you forgot whose really in charge,” said Mickey.
As someone who actually works on real stuff, it’s insane to me that for some people, they go to work and have high-level conversations revolving around things such as this.
Oh how benevolent of them 🙄
Probably because they realise that all the companies that ditched DEI have been doing significantly worse. Almost like it’s something people want.
Source/examples?
They … rejected … anti-DEI … making them … pro-DEI … and anti-Trump? Am I getting that right? Sorry, there are just getting to be a lot of double-negatives these days it’s hard to keep track.
Shareholders in a company whose entire business is around being well liked globally thinks it would be a bad business move to cancel a program that is part of a good public image in favor of placating a relatively small chunk of Americans that would both be paying attention and against DEI.
They could still be pro-Trump, and not really caring about DEI, but they know the value of optics in the context of a company like Disney.
you’re not wrong
Nah, keep with the times!
He isn’t not right!I think you meant to say he isn’t not unwrong
Neither of you are incorrect.
I don’t disagree
This thread hurts my brain.
This thread doesn’t not haven’t unharmed my brain.
The most accurate takeaway is that the shareholders wish for Disney to continue participating in Diversity Equity and Inclusion measures.
The enemy of your enemy is not necessarily your friend.
So Disney hasn’t learned a damn thing. Got it.
Average .ml take
?
Ok so what part of diversity, equity or inclusion do you specifically dislike?
No suprise there. A large portion of Disney’s viewers are girls and minorities. You know, thone dreaded DEI folk.
Well yeah they learned that more than just little white girls like their movies. Look at the animated Disney/Pixar feature films, so much more than it was in the pre- renaissance era.
Even during the Renaissance …we had Pocahontas and Mulan and Jasmine…but these people were more like phoned-in representatives of their cultures compared to now.
Look at Encanto, or Moana/Viana. Or Coco. Or even Soul.
Hell, Strange World features a mixed race family with a queer son and a three-legged dog.
And the movies are better for it. They are more relatable because they aren’t all some xeroxed copy of the same plain princess with a slightly different tint. And more importantly, they are showing their young and impressionable viewers a cast that reflects reality. That not every family is a carbon-copy “traditional” family. That different cultures exist and yeah, live a bit differently than suburban white folk (who live a shockingly similar life to the Sultan of Agrabah).
youtube videos of disney cinema is infested with these “anti-woke comments” its really not for conservatives anyways. like how the recent snow white movie is being spammed all over youtube with anti-woke twist. they trying very hard to get people to hate disney and using the actor as thier anchor.
and disney also have “virtue signalling” for LGBTQ+ for a couple decades already. harder to divorce from that. ALso children is thier money maker too.
Conservatives have been worshipping on the altar of Shareholder Value since the 80’s.
Guess what? These shareholders just told us all what they value. Think Conservatives will accept it?
I mean they value money…
and apparently they are smart enough to realize that Diversity helps with money, Which makes sense… they are a machine designed to extract money from people…
rich white billionares do not fill up theatres or make a substantial percentage of disney+ and Hulu subscriptions… a group of people that know how to target different demographics will obviously outperform one that targets the hell out of maga fans but doesn’t know how to talk to the other 70% of the country.
remember the actors that went all anti-lgbtq+ tried to make thier “anti-woke circle jerking movies” like gina carano,and some others.
worshipping on the altar of Shareholder Value since the 80’s.
Thanks, Milton Friedman…
🙄 🙄 🖕 🖕
dint disney rollback some of DEI initiatives at least for a show, and introduced a “fully outed christian”
Yup, and removed a trans character.
Democrats and Republicans are aligned on trans erasure now.
Fucking idiot Dems think it’ll stop there I guess.
I don’t understand why Americans aren’t marching to war against this shit, it’s taking root.
Because the right supports the republicans no matter what, and the left is too afraid of the optics.
Conservative “values” are just cover stories for greed, selfishness and prejudice. They grew up with a set of prejudices and they refuse ever to reexamine them. So they adjust the “values” to suit. Conservatives are incurious, stubborn people who refuse to grow.
Fuck this shit, now I gotta be pro Disney too? I’d gotten so used to hating them. They grew on me a little back when they stood up against DeSantis in Florida too.
I miss the days when we could just love/hate corporations based on their business practices instead of culture war bullshit.
I mean, Disney is still evil. They probably saw how much Target fucked up and don’t want to make the same mistake.
There’s more money in appealing to everyone instead of just white evangelicals Americans.
Nah, its just more proof that this think tank is shit at making money. Disney doesn’t have morals, but it does have a very profitable “princess” marketing strategy. This think tank didn’t really read the room very well.
It’s always more complicated than the binary. Disney might be getting DEI but still forces creators to censor out any LGBT references in their shows, or cancel them if they do them anyway. They still are anti union and work people to the bone.
If you want it simple, no corporation is your friend, ever. They are there simply to take your money, without regard for scruples, and any form of morality they seem to be acting on is either because it will make them more money or it is illegal and not cost effective to break the law.
It’s still a good sign the shareholders have some sense in this specific case, but make no mistake, Disney doesn’t care about anything other than money.
I miss boycotting Disney because some prude thought she saw sex hidden in dust in the Lion King.
The kooky, fun kind of crazy we can all share a laugh at
They have met their fundamental duty as an organization led by human beings who can and should be held to moral standards.
I despise their behavior with copyright but here they’ve earned the right to not get the “caved to fascists” boycott
It’s a shame that it’s only the companies with more money than God that feel comfortable standing up for their values. The Felon will attack anyone who disagrees with them, and while everyone gets mad about nobody standing up to him - that’s not exactly a zero risk scenario for most. But for these hundred billion and trillion dollar companies, they know they can defend themselves just fine.
None of these companies actually care. They will go woke until it sends them broke.
Tesla is woke?
Who said anything about Tesla?
Tesla is going broke, so, according to you, Tesla became woke, right?
This is not about “DEI” it’s about marketing and demographic, in short economic interest, personally i wouldn’t throw them flowers.
It’s also about how much power Trump has though.
I mean they do lobby for republican lawmakers and recently donated more than $80k worth to individuals who actively supported the “Don’t Say Gay” bill…
They made a deal with DeSantis, meaning this move would not happen without consulting him first. From my understanding, due to the backlash against American companies, especially Tesla, Disney can get in hot water financially. They export American soft power all over the world, so it is important not to tarnish their appearance especially in a context where there is trump in power, imagine if tomorrow they decided to stop DEI for good; the Disney Parks around the world and Disney World would get hit financially as well as their movie industry, thus also hitting Florida’s economy centered around fun parks and tourism. It’s some kind of abusive co-dependency.
Imagine if tomorrow they decided to stop DEI for good
I wonder if they could point towards their secession when handling that. Technically Disneyland and world aren’t part of America, but they’re not recognized as sovereign states by any country so they might have a hard time really putting that fight up
Truly interesting point, It directly made me think of an article I read some days ago about the possibility of “Freedom cities” run by corporations… It could definitely be the door they use to make this kind of future possible.
Look into “Company towns” a bit. It could be done right, but putting that into the hands of the current oligarchs would be a spell for destruction
But I like your sentiment. I actually am planning to start a non-profit apartment complex and I’m trying to get my employer to be a primary investor. I plan on offering them a temporary exclusivity deal if they’ll let me build close enough to where we work but I’ll have to look into the laws about that. Exclusivity deals are a lil weird around housing, might not actually be able to offer that
What do you mean they’re not part of America?
A few years ago, Disney seceded from the union. I’m not entirely certain what rights they actually have in their current state but technically the land under Disneyland is not part of America as far as I understand
Lmao, where the hell did you hear that from? I can’t find anything to back your claim.
The individual was probably referencing Disney World and their unique governance arrangements with the state of Florida mainly the CFTOD.
My friend, have you not been paying attention? Trump doesn’t give a shit about any of that. He’s burning all the bridges to “eradicate woke”.
You are right, but also, I think it’s okay to take the small victories where they are. They shouldn’t have to be applauded for doing the bare minimum, but when this bare minimum is a big middle finger to the administration I’ll look the other way
I agree but in my opinion the truth should still be spoken.
I agree, but in the right circumstances. Posting it here in the comment section is one thing, we’re discussing their actions. But some people (not you, necessarily) will take it a step further and go bully a company when they take a good step because the step wasn’t big/good enough. We gotta positively reinforce good behavior
I am SO confused.
Lots of media worried about upsetting the King of America with their reporting
It does not even make sense for Disney to be anti-DEI if their target audience is the entire world!
Unfortunately the Trump admin want them to behave a certain way, and anything different is seen as them being mean, apparently.
Looking forward to that “Failing Disney and nasty, perverted Mickey Mouse, going around in shorts” post on Truth Social. If there’s one corporation that might even take Donnie down it’s Disney. Kinda like Kong vs Dumbzilla
How does that follow? Do you think most of the world is pro-DEI?
Disney princesses are DEI. Why should they distance themselves from their most recognizable/successful marketing tactics?
I think they mean that, by definition, the entire world is diverse
Humanity is diverse, but there is a tendency to hate on those different to us, since time immemorial.
Which does not mean that other societies haven’t confronted their issues with racism
anti-DEI is pretty much code for “only white straight cisgendered males welcome”. Whatever criticisms may make sense against select DEI initiatives, the anti-DEI move by the government basically evolved erasing all acknowledgement of any minority or women ever being honored for accomplishments, no matter how obviously well earned the honor was.
On a global perspective, the American flavor of “anti-DEI” panders to a relatively small group of folks at the expense of offending the vast majority of the world’s population.
What does DEI mean in respect to Disney, does it just mean changing existing characters to their non-white equivalent?
It means not making films only about white christian men.
DEI= Diversity, equity, inclusion you might be surprised to discover all three of those are of varying import to various societies.
