Netflix has closed out its worst year in more than a decade, with its stock plunging more than 50 percent and wiping out a staggering $136 billion in market value.
For 2022, Netflix shares dropped 50.6 percent, the most the stock has declined on an annual basis since 2011. For the first time, the once-invincible company lost subscribers for two consecutive quarters, ushering in a period of painful belt-tightening that has included several hundred layoffs.
2022’s slate of right-on films were adored by critics and hated by the public.
Hollywood has long tended to promote a largely ‘liberal-left’ worldview. But its recent embrace of wokeness is on another level entirely. Today, it’s as if most major studios are more interested in promoting ‘diversity’, #MeToo or BLM-style posturing than they are in getting bums on to cinema seats. This year, it became all too clear that audiences are no longer buying the woke fare that Hollywood is serving.
The sicko child groomers at Walt Disney face a “dismal box office future,” says one Wall Street reporter writing at the Street.
In 2019, the year before the pandemic, Disney brought in an incredible $11 billion in box office revenue. This year, the first year after the pandemic, Disney brought in just $4 billion.
LOS ANGELES (AP) — After a month-long trial and nine days of deliberations, Los Angeles jurors on Monday found Harvey Weinstein guilty of the rape and sexual assault of just one of the four accusers he was charged with abusing.
But the three guilty counts involving an Italian actor and model known at the trial as Jane Doe 1 still struck a major blow against the disgraced movie mogul, and provided another #MeToo moment of reckoning, five years after he became a magnet for the movement.
Amazon’s The Rings of Power series is doubling down on its wokeness by hiring an all-female directing team for season two, the filming of which is already underway in the U.K.
I hope we find out in season 2 that Middle Earth stole all of Wakanda’s technology and must now pay reparations and appoint racialized dwarves to the boards of all public companies.
Netflix unveiled its new, lower-priced plan with commercials just last month and it already is running into trouble, with the left-wing streamer reportedly failing to make viewership targets. As a result, Netflix has found itself in the embarrassing position of giving money back to advertisers.
For three years now, Universal’s animation films have out-grossed the woke groomers at Walt Disney.
Yes, you read that right… Disney is now such a disaster, such a discredited brand; Universal Studios has been beating the once unbeatable Disney at the box office for three years running.
What is the consequence of taking a bunch of high school dropouts, paying them millions of dollars for performing tasks that most civilizations delegated to the lowest dregs, and surrounding them 24/7 with a lapdog press and fan base?
Celebrity activists.
The far-left Hollywood Reporter thinks it’s doing journalism with this hilarious story about how all the major entertainment multinationals are freaking out over the fact that cord-cutting is accelerating, and streaming revenue is failing to make up for that shortfall.
Here’s what’s happening…
Trevor Noah exited The Daily Show Thursday night, leaving tens of people wondering what they will do without him and 329,632,000 people asking Who?
There was a time when Oscar heat meant big bucks at the box office, when Oscar talk would boost a movie no one was paying attention to into profitability and beyond. Again and again, what was known as the “Oscar effect” would kick in, and cash registers would clang.
There is mounting fury over the silence of Hollywood’s liberal elite over the multiple child imagery scandals enveloping Balenciaga.
Among those who are yet to condemn the fashion house are models and brand ambassadors Bella Hadid and Nicole Kidman, who both starred in the controversial Spring ’23 campaign that has now been pulled from the company’s website and is the source of hot debate in the fashion world.
Neither starlet has commented publicly on the fact that Balenciaga used toddler models in a holiday campaign shoot to advertise handbags styled like teddy bears dressed in bondage gear, nor have they remarked on the inclusion of a SCOTUS child porn ruling in the background of a shot from their shoot.
Scrutinizing the fake and defensive press when it covers Hollywood
Are you worried about film culture? The showbiz trade publication Variety is plenty worried because She Said, the slanted, moralizing New York Times #MeToo drama, flopped at the box office upon its debut last weekend. In an article titled “She Said Bombs: Why Aren’t Awards Season Movies Resonating With Audiences?,” writer Brent Lang highlighted the panic felt by Hollywood and the media when their political messages are ignored. The Wall Street Journal followed suit with John Jurgensen and Ellen Gamerman’s observing industry desperation in “Now at a Theater Near You: Cannibalism, Vomit and Severed Fingers,” an article about trends in “this season’s Oscar bait.” Anxiety has replaced drama. Worry has replaced criticism.
The Walt Disney Co. looks like it has another woke box office bomb on its hands.
Strange World, the environmentally themed animated adventure featuring the studio’s first openly gay teen character in a cartoon feature, grossed a mere $800,000 in previews on Tuesday, signaling weak moviegoer interest headed into the lucrative Thanksgiving holiday weekend.
Disgraced filmmaker Harvey Weinstein has responded to “She Said” bombing at the box office during its opening weekend.
The film, which hit theaters on Friday, follows the two New York Times reporters brought to light sexual misconduct allegations against Weinstein in 2017.
The $30 million production only grossed $2.2 million in its opening weekend — one of the biggest letdowns for a major studio film release this year.
