Written by on December 27, 2022


Shared By Peter Boykin – American Political Commentator / Citizen Journalist



Hollywood media titans lost more than $500 billion in market value in 2022, far outpacing other major sectors of the economy, and proving: when you go “woke”, you go broke.


The details: A report from the Financial Times looked at the Dow Jones Media Titans index, which tracks the performance of 30 of the world’s biggest media companies [like Netflix, Disney, Warner Bros, and Comcast].


The report found:


Hollywood lost 40% of their value in 2022.


It went from a $1.5 trillion combined value to $808 billion.


That’s a $542 billion loss.


How did other industries do?


Not great. But not nearly as bad as Hollywood.


Banking saw a 14.5% drop


Telecommunications lost 11.2%


Part of the blame for the drop in Hollywood’s value can be put on Joe Biden’s inflation crisis – since consumers have to spend more on essentials, that leaves less for movies and streaming services…


Big picture: But the real problem for Hollywood is consumers are rejecting their woke content.


Don’t take our word for it.


Let’s look at the numbers:


Disney, which went to war with Gov. Ron DeSantis and pushed nonsense on children lost over 40% of its value.


Netflix, which threw over $100 million at the Obama’s, lost over 50% of its value.


Warner Bros., which is the parent company of CNN, lost more than 60% of its value.


Americans are over Hollywood. In 2000, over 46 million people were tuning in to watch the Oscars. In 2022 it was down to just 15 million.


[Source: Breitbart, Financial Times]




Shared by

#GoRightNews https://GoRightNews.com

Each Month GoRightNews Spends Hundreds of Dollars and Hours To Run This Site and Podcast, with no sponsors or ads this comes out of our pockets, if you like what you see consider donating to the podcast. Thanks!

Support The Podcast

#GoRight with Peter R Boykin


Donate To Support GoRightNews


GoRightNews's Twitter

Go Right News Facebook

Join Peter Boykin on Telegram

@RealPeterBoykin on Telegram

Join Peter Boykin on Facebook

Peter Boykin's Facebook

Join Peter Boykin on GAB

Peter Boykin's GAB

Support The Podcast and Website
To Donate to the Podcast (NOT THE CAMPAIGN)

Support The Podcast

[There are no radio stations in the database]