The media business can be difficult, so Disney’s faced a fair share of issue
In the early 2000s, Disney faced criticism over its treatment of animators, leading to a labor dispute and boycott 🎨
In 2006, Disney's acquisition of Pixar Animation Studios caused controversy, with some alleging that it would lead to the decline of traditional animation 🎥
In 2011, Disney faced backlash over its decision to lay off hundreds of tech workers and outsource their jobs to foreign countries 🌍
In 2013, Disney faced criticism over its portrayal of Native Americans in the film "Pocahontas," with some accusing the company of cultural insensitivity 👀
Similarly, Disney cast all white actors in its live-action film “Mulan” 😥
In 2019, Disney faced criticism over its treatment of its theme park employees, with some accusing the company of low wages and poor working conditions 😫
In 2020, Disney faced backlash over its handling of the coronavirus pandemic, with some accusing the company of prioritizing profits over the safety of its employees and customers 😷
Then, Disney was accused of censoring and suppressing negative coverage! 🫢
To maintain relevant with more media companies in the industry, Disney has tried to acquire its competitors 💸
Marvel, Pixar and Lucasfilm did not come at a cheap price 👀
But, Disney+ may have paid off 🤔
In even more recent times, as of 2022, Bob Iger, the CEO from 2005 to 2021 is returning 💼
Investors are excited to see the returning CEO and exciting new product launches 👏
As of today, Disney is worth $172 Billion, making it one of the largest media companies in the world 🌍
