'Politics is bad for business.' Why Disney's Bob Iger is trying to avoid hot buttons
Walt Disney Co. and its chief executive have made a sharp pivot since doubling-down on diversity and inclusion efforts in the wake of George Floyd's murder in Minneapolis four and a half years ago.
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Disney acknowledged that a transgender athlete storyline had been removed from an upcoming Pixar animated series, "Win or Lose," about a middle-school softball team. In a statement, Disney said it recognized “many parents would prefer to discuss certain subjects with their children on their own terms and timeline.”
“Our primary mission needs to be to entertain,” Iger said during the company's 2023 investor meeting. “It should not be agenda-driven.”
Iger increasingly has stressed the importance of steering the company away from overt political messaging.
"The stories you tell have to really reflect the audience that you're trying to reach but that audience, because they are so diverse ... can be turned off by certain things," Iger said during an April appearance on CNBC. "We just have to be more sensitive to the interests of a broad audience. It's not easy."