March 28, 2024

Disney’s Woke Streaming Services Still Losing More than $1 Billion a Quarter as Bob Iger Tries to Rein in Spending

Disney’s woke streaming services are still hemorrhaging money at an alarming rate, losing more than $1 billion a quarter at a time when CEO Bob Iger is trying to put the brakes on the company’s runaway spending habits. For its first fiscal quarter, Disney’s direct-to-consumer business — which includes Disney+, Hulu, and other services —

AOC Wants to ‘Rein In’ Media After Capitol Riots

In an Instagram livestream on Tuesday night, Rep. Alexandria Ocasio-Cortez expressed a desire to “rein in” media to prevent the spread of disinformation. “Several members of Congress, in some of my discussions, have brought up ‘media literacy,’ because that is a part of what happened here,” Ocasio-Cortez said in a clip from the stream posted…

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