Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Former Disney CEO Reportedly Used Deceptive Accounting Practices To Hide Woke Disney+ Losses

by November 27, 2022
November 27, 2022
Former Disney CEO Reportedly Used Deceptive Accounting Practices To Hide Woke Disney+ Losses

Disney replaced CEO Bob Chapek with former CEO Bob Iger earlier this month.

The reason for the change was after a disastrous fourth quarter and persistent losses at Disney+.

The Gateway Pundit reported:

In a shocking turn of events, Disney company reinstated Bob Iger as CEO on Sunday night after less than a year in retirement, replacing Bob Chapek.

The board of directors announced Iger’s unexpected comeback and confirmed that his successor, Bob Chapek, had stepped down from his position.

…

According to Reuters, investors were disappointed by Disney’s latest earnings report, which detailed persistent losses at the company’s streaming media unit, which includes Disney+.

A new report is now alleging that Chapek used deceptive accounting practices to try and hide how much money was lost with Disney+.

Boundingintocomics reported:

According to a new report, recently ousted Disney CEO Bob Chapek is alleged to have engaged in a series of deceptive accounting practices in order to hide just how much money the company has truly lost in service of developing their signature streaming service.

As per a collective decision by the House of Mouse’s board of directors following his poor showing during the company’s disastrous Q4 earnings call, Chapek was removed as the Disney’s CEO on November 20th, having served in the position for only two years.

…

However, as per insiders who supposedly spoke to The Wall Street Journal, this is a near impossible goal to achieve due to the fact that the company has, in reality, “lost more than $8.5 billion since Disney+ launched and has posted bigger operating losses in each of the post four quarters.”

Further, in order to keep the warning signals from blaring, Chapek allegedly took to airing some Disney Plus originals, such as The Mysterious Benedict Society and Doogie Kameāloha, M.D, on the company’s other networks.

Go woke, go broke!

For the antidote to media bias, check out ProTrumpNews.com…

The post Former Disney CEO Reportedly Used Deceptive Accounting Practices To Hide Woke Disney+ Losses appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
BUSTED! Katie Hobbs Tied To Money From FTX Funded PACs
next post
Florida Woman Sues Kraft Over Velveeta Shells & Cheese ‘Ready Time,’ Asks for Over $5 Million

You may also like

Supreme Court rules to allow emergency exceptions to...

June 27, 2024

Trump threats boosted Canada’s Carney, hurt Conservatives as...

April 28, 2025

Jack Smith responds to blistering Hur report for...

February 28, 2024

Shady Elections Director Allows DOJ Thugs Into Polling...

November 8, 2022

Radical Rep. Rashida Talib ERUPTS After CEO Jamie...

September 22, 2022

DAVID MARCUS: As Trump takes office, the forgotten...

January 20, 2025

Ashli Babbitt’s mother arrested by Capitol Police during...

January 7, 2023

Court Allows Mexicans with Temporary Visa Privileges to...

October 14, 2022

“Trump Is an Instrument of Divine Providence” –...

September 17, 2022

Title 42 immigration fight stalls mammoth $1.7 trillion...

December 22, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Arrest of Chinese nationals in swing state, Israel’s fight with Iran are ‘wake up’ call on CCP threat: experts

      June 21, 2025
    • Petition launched as 4 in 5 UK businesses face soaring energy bills without price cap

      June 21, 2025
    • Trump and Rubio secure Rwanda-Congo peace treaty amid Pakistan’s Nobel Prize nomination

      June 21, 2025
    • State Department says it has provided guidance to more than 25,000 people in Israel, West Bank and Iran

      June 21, 2025
    • Several provisions fail to pass muster with Senate rules in ‘big, beautiful bill’

      June 21, 2025
    • ‘She’s wrong’: Trump says Tulsi Gabbard incorrect about Iran not having nuclear weapon capabilities

      June 20, 2025

    Categories

    • Business (8,276)
    • Investing (2,057)
    • Politics (15,725)
    • Stocks (3,158)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved