Virtual Legality
Virtual Legality
Virtual Legality is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).
Richard Hoeg
PodcastAI
PodcastAI

DISNEY'S DISCLOSURE "SURPRISE" (VL769)

E769 • Nov 28, 2023 • 55 mins

In this episode, Richard Hoeg discusses the Michigan vs Ohio State game, explores Giving Tuesday and charity initiatives, and provides an overview of the channel's content. He delves into the legal obligations of publicly traded companies, specifically focusing on Disney's SEC filings, and assesses their future prospects. He also addresses listener comments, discusses brand trust, representation, diversity in media, and intellectual property ownership, and concludes with implications of Disney's "Doctor Who" distribution rights.

Key Points

  • Disney has updated its language in SEC filings to acknowledge risks related to consumer perceptions of the company's positions on public interest matters, including environmental and social goals.
  • Bob Iger, returning as Disney's CEO, has signaled a shift towards political neutrality in response to the fallout from Disney's high-profile battle with Governor DeSantis and Florida legislature.
  • There is a growing concern that Disney's focus on political and social messaging within its content may be creating friction for parents and potentially impacting the company's profitability and brand reputation.
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