{"id":1788063,"date":"2022-12-27T08:13:42","date_gmt":"2022-12-27T13:13:42","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1788063"},"modified":"2022-12-27T15:49:27","modified_gmt":"2022-12-27T20:49:27","slug":"bloodbath-hollywood-loses-more-than-500-billion-in-market-value-in-2022","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bloodbath-hollywood-loses-more-than-500-billion-in-market-value-in-2022\/","title":{"rendered":"Bloodbath &#8211; Hollywood Loses More than $500 Billion in Market Value by 2022"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbloodbath-hollywood-loses-more-than-500-billion-in-market-value-in-2022%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1788063&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<p class=\"subheading\">Hollywood was truly impressed by 2022.\u00a0<em>annus horribilis<\/em>.<\/p>\n<p class=\"a8d-pre\">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.<\/p>\n<p>The Dow Jones Media Titans index, which tracks the performance of 30 of the world\u2019s biggest media companies, shed 40 percent this year, with its total market value declining from $1.35 trillion to $808 billion, according to a <em>Financial Times<\/em> <a href=\"https:\/\/www.ft.com\/content\/e4f2b787-283f-4872-916f-92d096fc7120\">report<\/a>.<\/p>\n<p>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.<\/p>\n<p class=\"a8d-pre\">Hollywood\u2019s horrible year was the result of a <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/12\/08\/nolte-studios-panic-streaming-fails-offset-cord-cutting-yeah-cuz-your-content-sucks\/\">one-two punch<\/a> of a downturn in the streaming market coupled with\u00a0consumers continuing to cut the cord by the millions. The advertising market is also affected. <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/11\/04\/hollywood-clobbered-by-weak-advertising-as-bidenflation-weighs-on-consumer-spending\/\">has cratered<\/a> as households cut spending\u00a0as the costs of essentials like food and energy continue to skyrocket due to President Joe Biden\u2019s (D) disastrous economic policies.<\/p>\n<p>In 2022, the highest price paid for Woke companies was $28,026<\/p>\n<p lang=\"en\" dir=\"ltr\">Leftists have a hard time accepting the success of pro-America, non-woke &#8216;Top Gun: Maverick.&#8221; <a href=\"https:\/\/t.co\/9xVyBZec6y\">https:\/\/t.co\/9xVyBZec6y<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1533233658517127173?ref_src=twsrc%5Etfw\">June 4, 2022<\/a><\/p>\n<p>Disney \u2014 once an invincible brand and iconic American company\u2013 saw its stock plummet more than 40 percent this year as the company faces <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/11\/09\/tragic-kingdom-disney-shares-plummet-to-lowest-level-in-nearly-a-decade-as-concerns-mount-over-profitability\/\">weak profitability for the foreseeable future<\/a>This led to Bob Chapek being fired as CEO and Bob Iger being reinstated as CEO.<\/p>\n<p>Disney, whose stock is headed for its worst year in 1974, spent 2022 <a href=\"https:\/\/www.breitbart.com\/entertainment\/2022\/12\/15\/disney-not-gay-enough-for-glaad-receives-insufficient-mark-in-annual-lgbtq-inclusivity-report-card\/\">embracing radical LGBTQ activism<\/a> We are waging a political war with the Florida Gov. Ron DeSantis (R) over the state\u2019s anti-grooming Parental Rights in Education Law.<\/p>\n<p class=\"a8d-pre\">Netflix lost two consecutive quarters without a single subscriber<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hollywood was truly impressed by 2022.\u00a0annus 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\u2019s biggest media companies, shed 40 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1786607,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[8352,3990,4336,5458,4361,4318,4545,3819,3618],"class_list":["post-1788063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-8352","tag-3990","tag-bloodbath","tag-bongino","tag-hollywood","tag-loses","tag-market","tag-report","tag-riot"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1788063","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1788063"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1788063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1786607"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1788063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1788063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1788063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}