At Disney’s 2020 annual shareholder meeting (almost 31 minutes in), notorious anti-gay activist Caroline Farrow complained to new CEO Bob Chapek about “the way you currently promote LGBT ideology in many of your products for children,” saying that families didn’t feel safe and it was why Disney’s stocks were down.
Chapek responded, “At Disney we strongly believe we should reflect in our creative content the diversity that we find in our fanbase and our audience. And I believe that will continue with an increased commitment as we move forward. We want to represent our audience. We believe we want to tell stories that our audience wants to hear that reflects their lives.”
Chapek also suggested that Disney’s stocks going down “might have more to do with coronavirus and the worldwide pandemic that we’re facing.”