WEBVTT 00:00.530 --> 00:06.390 Speaking of just the world shifting and the pendulum moving as it turns out maybe 00:06.390 --> 00:11.110 bearded princesses weren't such a hot idea after all it's a new head of Disneyland. 00:11.870 --> 00:16.090 There's new royalty at the top of the Magic Kingdom. Josh Tomarro who had been 00:16.090 --> 00:19.750 head of the Parks Division is being named the next CEO of the Walt Disney Company. 00:20.010 --> 00:23.630 Josh Tomarro will be the new Chief Executive Officer of Disney, a 28 year 00:23.630 --> 00:27.530 Disney veteran and current chairman of Disney Experiences. The decision ending 00:27.530 --> 00:31.710 a years-long succession search for Bob Iger who's been running the company for 00:31.710 --> 00:36.570 almost two decades. This next chapter is about number one telling great stories 00:36.570 --> 00:40.650 we'll never forget that. We want to move with more speed and urgency than we have 00:40.650 --> 00:44.890 before, embrace technology even more aggressively than we have in the past and 00:44.890 --> 00:48.610 importantly bring this company together. Disney is moving to where the profits 00:48.610 --> 00:52.550 are and they want to continue to grow it while the media business continues to 00:52.550 --> 00:55.830 come under pressure. It has all to do with the fact that what they have been 00:55.830 --> 01:01.710 doing the past like 10, 11 years by focusing so much on DEI this and DEI that 01:01.710 --> 01:06.690 and all this agenda-driven garbage is that yeah it caught up to them and they 01:06.690 --> 01:10.250 now have to take some level of action to kind of dial back a little bit. 01:12.370 --> 01:15.950 Well I mean look I think this is actually a perfect story of what we just talked 01:15.950 --> 01:20.910 about the truth is is you vote with your dollars it's really that simple and 01:20.910 --> 01:25.750 you know one of the things I love about this story as many is that you 01:25.750 --> 01:29.430 know we are the ones that change the people change the government in the 01:29.430 --> 01:33.690 United States didn't come in and say hey we're stopping DEI we're gonna put 01:33.690 --> 01:37.210 controls on Disney federal government's moving in state of Florida is gonna shut 01:37.210 --> 01:42.710 down Disneyland if they don't stop DEI you just stopped watching the movies you 01:42.710 --> 01:46.430 just stopped going to Disneyland you just said frankly I don't feel like 01:46.430 --> 01:50.390 having my four-year-old daughter running around a princess outfit wondering why 01:50.390 --> 01:54.150 this princess has got a mustache and a beard or my son asking why is the 01:54.150 --> 02:00.170 princess peeing stand up standing up next to me in the restroom these are 02:00.170 --> 02:05.670 things that are just a part of it look I've got nothing against how anyone lives 02:05.670 --> 02:09.690 but we're talking about children we're talking about children's products in a 02:09.690 --> 02:15.810 children's space and why can't that just be left to hey ladies and gentlemen as 02:15.810 --> 02:20.710 it turns out they're back to not just friends welcome it's ladies and 02:20.710 --> 02:27.890 gentlemen or boys and girls it's just refreshing to see that things do come 02:27.890 --> 02:32.290 swinging back around but mostly what I think I want you to get from this is 02:32.290 --> 02:37.950 as both these gentlemen we're talking about your focus and where you put it 02:37.950 --> 02:43.410 that we live in a world now where we bring a lot of power when we get on 02:43.410 --> 02:47.230 social media we complain about Disneyland when we boycott movies when we stop 02:47.230 --> 02:52.810 eating products it matters it matters so look at the things you're doing are 02:52.810 --> 02:56.050 you using products engaging with companies that you don't like their 02:56.050 --> 03:00.410 standards you don't like how they talk about humanity you don't like what 03:00.410 --> 03:05.590 they're doing for humanity we have so many options now focus on the ones that 03:05.590 --> 03:08.770 are doing it right and I think that a lot of people are gonna return to 03:08.770 --> 03:12.150 Disneyland same boy would be great to just get back to those good old 03:12.150 --> 03:16.850 fashion boy meets girl love stories and the things that made Disney big 03:16.850 --> 03:21.550 once before will probably do it again if they want to break out that's fine 03:21.550 --> 03:25.470 but look the consumers have decided and the new head of Disneyland realizes 03:25.470 --> 03:30.450 hey just like almost every company with the world economic formats as it 03:30.450 --> 03:36.610 turns out this DEI thing wasn't so hot for our bottom line because you 03:37.470 --> 03:44.750 matter I keep saying it you are powerful the news will keep telling 03:44.750 --> 03:48.450 you have no power there will be governments that will pray that you 03:48.450 --> 03:53.050 don't recognize that you have power but we do we are the ones deciding 03:53.050 --> 03:56.790 everything we outnumber them we're the ones consuming it we can take it or we 03:56.790 --> 03:57.930 can leave it