1LoverofGod
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Walt Disney Company suggested during a recent Securities and Exchange Commission (SEC) report that its controversial stances on social issues could endanger its bottom line by causing "risks relating to misalignment with public and consumer tastes."
"Generally, our revenues and profitability are adversely impacted when our entertainment offerings and products, as well as our methods to make our offerings and products available to consumers, do not achieve sufficient consumer acceptance," the company wrote in the 10-K filing, which offers financial disclosures and potential risks to shareholders.
"Further, consumers’ perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands."
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"Generally, our revenues and profitability are adversely impacted when our entertainment offerings and products, as well as our methods to make our offerings and products available to consumers, do not achieve sufficient consumer acceptance," the company wrote in the 10-K filing, which offers financial disclosures and potential risks to shareholders.
"Further, consumers’ perceptions of our position on matters of public interest, including our efforts to achieve certain of our environmental and social goals, often differ widely and present risks to our reputation and brands."
More
