For Hollywood, 2022 was truly an annus horribilis.Major studios, streamers, cable providers, and other media giants lost a combined $542 billion in market value in 2022, with left-wing studios the Walt Disney Co., Netflix, and Comcast accounting for the bulk of the bloodshed.
Disney, whose stock is on course for its worst year since 1974, spent 2022
and waging a calamitous political war with Florida Gov. Ron DeSantis over the state’s anti-grooming Parental Rights in Education Law.resulted in layoffs and cost-cutting across the boardOther big losers include Paramount Global, whose stock has dropped more than 40 percent, and Warner Bros. Discovery — the parent company of CNN — whose stock has tumbled more than 60 percent.
Leftist Hollywood continues to deliver woke dud after woke dud…and it's awesome to see their profits cratering as a result.
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