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Podcast: Townhall Review | Commentaries
Episode: Jerry Bowyer: Disney Forced to Tell the Truth
Description: Disney just filed its annual form 10-k with the Securities and Exchange Commission—and it contains some stunning admissions. The company acknowledges that it is having problems with declining profitability because their content is increasingly out of step with consumer preferences. They also admit their politicking may be hurting the company's brand. But didn't we know that already? What's new here? What's new is that the company is admitting it in an official document registered with a powerful regulatory authority. To this point, Disney has tried to spin us with stories which...