{"id":1998050,"date":"2023-08-11T15:45:01","date_gmt":"2023-08-11T19:45:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-now-making-the-same-mistake-as-bud-light-ex-anheuser-busch-exec-says\/"},"modified":"2023-08-11T15:50:00","modified_gmt":"2023-08-11T19:50:00","slug":"disney-now-making-the-same-mistake-as-bud-light-ex-anheuser-busch-exec-says","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-now-making-the-same-mistake-as-bud-light-ex-anheuser-busch-exec-says\/","title":{"rendered":"Former Anheuser-Busch exec warns Disney repeating Bud Light&#8217;s error."},"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\">18<\/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%2Fdisney-now-making-the-same-mistake-as-bud-light-ex-anheuser-busch-exec-says%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=1998050&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--><h2>A \u2062Former\u2064 Anheuser-Busch Executive\u200d Warns Disney\u2062 of Similar\u200c Mistake<\/h2>\n<p>A former Anheuser-Busch \u200bexecutive\u200c who has given frequent interviews on the \u2063Bud Light\u2063 controversy said that Disney is now making a similar mistake after partnering with a self-described &#8220;gender fluid&#8221;\u2062 influencer.<\/p>\n<blockquote>\n<p>&#8220;They are making\u2062 the same \u2064mistake\u200d as Bud Light, and I think they&#8217;ve been\u2064 making the same mistake as\u200d Bud\u2062 Light for over a year now,&#8221; former executive Anson Frericks told Fox News on Friday. Disney, he added, is\u200b &#8220;making a big mistake\u2063 getting involved \u2063in these\u200d controversial\u200b political issues that have nothing to do with the mission statement of what they&#8217;re trying to achieve.&#8221;<\/p>\n<\/blockquote>\n<p>It came after the entertainment and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/twitter-deletes-president-trumps-tweets-threatens-permanent-suspension\/\" title=\"Twitter deletes President Trump\u2019s tweets, threatens permanent suspension\">media giant announced<\/a> it \u2064would team \u200cup with\u200b Seann Altman, a biological male who says he is &#8220;gender fluid,&#8221; to market girls&#8217; clothing\u200d on social media. A\u2063 TikTok \u200dvideo shows the \u2064influencer dressed in a\u200d Minnie Mouse-style outfit that includes a red dress.<\/p>\n<h3>Related Stories<\/h3>\n<ul>\n<li>\n    <a href=\"http:\/\/www.theepochtimes.com\/us\/desantis-and-new-disney-board-ask-federal-court-to-back-off-5456492\">DeSantis and New\u2064 Disney Board Ask Federal Court to Back Off<\/a><br \/>\n    <span>8\/10\/2023<\/span>\n  <\/li>\n<li>\n    <a href=\"http:\/\/www.theepochtimes.com\/article\/disney-raises-prices-as-it-loses-300000-domestic-subscribers-5456917\">Disney+ Raises Prices as It Loses 300,000 \u200dDomestic\u2062 Subscribers<\/a><br \/>\n    <span>8\/10\/2023<\/span>\n  <\/li>\n<\/ul>\n<p>&#8220;I look just like Minnie Mouse!&#8221; Mr. \u2062Altman stated in the video. &#8220;But something&#8217;s\u2063 missing,&#8221; he \u2064said, adding a red bow to his hair.<\/p>\n<p>Bud Light, meanwhile, has been in the throes of controversy since \u200dearly April when it produced advertising materials\u2063 for a\u200d transgender \u200cTikTok influencer, Dylan Mulvaney, \u200bsparking an immediate backlash. Sales for \u200bthe \u2063<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tomi-lahren-says-bud-light-must-acknowledge-their-mistake-for-workers-good-i-wish-their-company-felt-bad-for-them\/\" title=\"Tomi Lahren urges Bud Light to admit their error and show compassion for their employees.\">light beer brand<\/a> have\u200c been down for about 17 consecutive weeks ending\u2064 in late July, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/analysis-dems-blame-gop-misinformation-for-driving-their-hispanic-votes-away-but-the-real-cause-is-simple\/\" title=\"ANALYSIS: Dems Blame GOP \u2018Misinformation\u2019 For Driving Their Hispanic Votes Away, But The Real Cause Is Simple\">recent data show<\/a>.<\/p>\n<p>Disney has also \u2064faced boycott calls\u2014namely \u200cafter its \u2064executives last year publicly criticized a \u200dFlorida law backed by Gov. Ron DeSantis that prohibited teachers from instructing young schoolchildren on gender identity and sexual orientation. \u200cMonths later, Mr. DeSantis, now a GOP presidential candidate, said\u2064 that Disney is suffering because parents &#8220;don&#8217;t \u200bwant \u2063an agenda\u200d shoved down their throat.&#8221;<\/p>\n<blockquote>\n<p>&#8220;You \u200dgo back\u2063 one year, what does\u2062 them getting involved in the\u200b parental\u2063 rights bill in Florida have \u2063to \u200cdo with\u200c them being the world&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-now-making-the-same-mistake-as-bud-light-ex-<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/super-bowl-lv-all-the-best-commercials\/\" title=\"Super Bowl LV: All The Best Commercials\">anheuser-busch<\/a>-exec-says\/&#8221; title=&#8221;Former Anheuser-Busch exec warns Disney repeating Bud Light&#8217;s error.&#8221;>premier\u2064 family entertainment\u200b company<\/a>?&#8221; Mr. Frericks asked Friday. &#8220;It\u200c has to do with nothing.\u200b If \u200byou take a look \u2062at it, \u2063they \u200bhad an approval rating of 77\u200b percent. People loved\u2064 what Disney\u2062 was doing. It cratered to 33 percent after that.&#8221;<\/p>\n<\/blockquote>\n<p>In June, \u200cDisney&#8217;s stock was downgraded by investment \u200badvisory company KeyBanc Capital Markets\u2063 due to fears of stalled growth at its Disney+ \u200bstreaming service \u200dcoupled \u2063with\u2062 lower attendance at its theme parks.<\/p>\n<p>&#8220;While \u2063Disney appears less expensive versus its historical average, we believe \u2063the stock is unlikely to\u200c work until a number \u200bof items have line of \u200bsight to \u2062being \u200dresolved,&#8221;\u200c analysts led by Brandon Nispel\u2063 said on\u2064 Wednesday, according to <a href=\"https:\/\/www.barrons.com\/articles\/wayfair-stock-investor-day-a471dff6\" target=\"_blank\" rel=\"noopener\">Barron&#8217;s<\/a>.<\/p>\n<p>Movie releases such as &#8220;The Little Mermaid&#8221; have also faced smaller audiences \u2064at theaters,\u2064 KeyBanc&#8217;s analysts said, according to CNBC.<\/p>\n<figure style=\"width:600px\" class=\"alignnone\"><figcaption>Bud\u200b Light, made by Anheuser-Busch, sits on a store shelf \u2062in Miami, Fla., on July 27, \u200d2023. (Joe Raedle\/Getty Images)<\/figcaption><\/figure>\n<p>On Wednesday, the Walt Disney \u2064Company released \u200cits third quarter earnings, showing \u200dmixed results. CEO Bob \u2062Iger \u200backnowledged that the entertainment company faces a &#8220;challenging environment,&#8221; but \u2063he emphasized progress in cutting\u200b costs and\u200b focusing on creativity, even \u200das quarterly results \u200dshowed \u2063Disney&#8217;s soft spots.<\/p>\n<p>But he also acknowledged the need\u200b to improve the quality\u2062 of Disney&#8217;s films, to position the\u200b company&#8217;s flagship sports\u200b brand,\u2062 ESPN, for streaming directly to consumers, and to \u200bresolve the writers&#8217; and actors&#8217; \u200cstrikes in Hollywood that have halted much of film and television production.<\/p>\n<p>&#8220;I returned \u200bto Disney in November, and I&#8217;ve agreed to stay on longer, because there was more to accomplish before \u2064our transformation is complete,&#8221; \u200bMr. Iger \u2062said, describing a &#8220;challenging environment\u200b in the\u2064 near term.&#8221;<\/p>\n<p>The company beat Wall Street&#8217;s profit expectations for its fiscal third quarter \u2064and said it was on track to cut costs by more than \u2063the $5.5 billion\u2062 it promised investors in February. Disney also posted\u2063 quarterly\u200b revenue\u200d below expectations and fell\u200d slightly behind analyst projections for U.S. subscribers of Disney+.<\/p>\n<p>The media conglomerate said it will raise by 27 percent the \u200cprice of \u2064the ad-free tier of the Disney+ service to $13.99 and hike by\u200c 20 percent the no-ad\u200b version of Hulu.<\/p>\n<p>Disney\u200d said \u200cit cut losses at its \u200cstreaming\u200c video services \u2062to \u2063$512 million in its fiscal \u200cthird quarter from about $1.1 billion a year\u200b ago.<\/p>\n<p>It added 800,000 Disney+ subscribers, 100,000 \u200csubscribers shy of \u200canalyst estimates, and shed \u200b12.5 million subscribers to the Disney Hotstar service in India,\u2063 or nearly a quarter \u200bof its \u2063subscribers,\u2063 as it gave up rights to Indian Premiere League cricket matches.<\/p>\n<p>&#8220;Disney will have to cut prices from current levels in an effort<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A former Anheuser-Busch exec, known for discussing the Bud Light controversy, believes Disney is repeating the same error by teaming up with a self-proclaimed &#8220;gender fluid&#8221; influencer. This mistake has persisted for more than a year, mirroring Bud Light&#8217;s misstep.<\/p>\n","protected":false},"author":58,"featured_media":1998051,"comment_status":"open","ping_status":"closed","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":[543],"tags":[],"class_list":["post-1998050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"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\/1998050","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\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1998050"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1998050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1998051"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1998050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1998050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1998050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}