- The Walt Disney Company’s recent admission of becoming too woke will “send ripple effects throughout all of corporate America,” according to Consumers’ Research executive director Will Hild.
- “We saw an astonishing revelation from Disney, an admission that they’ve basically become too woke, and they know it,” Hild told FOX News Digital.
- Hild explained that the Securities and Exchange Commission (SEC) requires disclosures from publicly traded companies, which are referred to as 10-K forms. The form is intended to disclose both the company’s financial records and reveal any ongoing issues that may impact shareholders, but Disney’s 10-K stunned observers.