Bloodbath – Hollywood Loses More than $500 Billion in Market Value by 2022

Hollywood was truly impressed by 2022. annus horribilis.

In 2022, major studios, streamers and cable providers lost $542 billion. The majority of this loss was attributable to left-wing studios like the Walt Disney Co. and Comcast.

The Dow Jones Media Titans index, which tracks the performance of 30 of the world’s biggest media companies, shed 40 percent this year, with its total market value declining from $1.35 trillion to $808 billion, according to a Financial Times report.

These losses were greater than indices of other sectors such as banking which saw a 14.5 percentage drop over the year and telecommunications which dropped by 11.2 percent.

Hollywood’s horrible year was the result of a one-two punch of a downturn in the streaming market coupled with consumers continuing to cut the cord by the millions. The advertising market is also affected. has cratered as households cut spending as the costs of essentials like food and energy continue to skyrocket due to President Joe Biden’s (D) disastrous economic policies.

In 2022, the highest price paid for Woke companies was $28,026

Leftists have a hard time accepting the success of pro-America, non-woke ‘Top Gun: Maverick.” https://t.co/9xVyBZec6y

— Breitbart News (@BreitbartNews) June 4, 2022

Disney — once an invincible brand and iconic American company– saw its stock plummet more than 40 percent this year as the company faces weak profitability for the foreseeable futureThis led to Bob Chapek being fired as CEO and Bob Iger being reinstated as CEO.

Disney, whose stock is headed for its worst year in 1974, spent 2022 embracing radical LGBTQ activism We are waging a political war with the Florida Gov. Ron DeSantis (R) over the state’s anti-grooming Parental Rights in Education Law.

Netflix lost two consecutive quarters without a single subscriber