Regardless of where you are politically on this or anything else, it is really stupid for companies to play politics or make any statement. Just focus on running your business.
Disney's management has done a terrible job running Disney over the last 3-4 years. Sure, Covid didn't help, but their costs are out of control, the dividend is suspended still, and they have plenty of nonsense to clean up to become a respectable company again.
I didn't want Chapek, but I'm beginning to think Iger and the whole management team needs to go. They are all too old and running the company into the ground. The CFO should be fired over just the cost issues. The FCF Disney is producing is shameful for a company with this many high quality assets. This isn't Paramount.
As a shareholder, I'm frustrated. As a fan, I've been disappointed in many decisions over the last several years.
Disney is a leader. The fact they are struggling to run this business is purely because of incompetent management.
The fact they are participating in this fight underscore the incompetence.