After actively antagonizing parents and conservatives, Disney is scrambling to recover the public’s goodwill by canning CEO Bob Chapek and welcoming back former CEO Bob Iger. The surprise move to reinstate 71-year-old Iger after two years of Chapek’s reign follows a flailing quarterly earnings report. But Disney will have to chuck more than its chief executive into the reject pile to regain the trust of parents put off by the company’s targeting of children with its sexual agenda.
Earlier this month, Disney posted profit and revenue that came in below projections for its fourth fiscal quarter, causing shares to hit a new 52-week low. While the company tried to emphasize growth on its streaming platform, Disney Plus, CNBC noted that “Disney’s streaming services lost $1.47