Ex-Walt Disney TV executive Monica Harris is blaming Hollywood’s collapse on high-dollar investment firms for forcing the woke DEI initiatives that have driven customers away.
“I think very much the same is true in Hollywood. DEI has swept through that place,” Harris explained. “The Academy Awards, the nominations are only available to films that hit certain quotas, right? You have to have a certain number of people who are black or BIPOC, trans, non-binary, whatever. It’s totally the antithesis of what artistic work is about.”
“When those three companies and their subsidiaries dominate Boards of Directors and dominate the ownership of stock, then they literally are in the position to tell these companies to adhere to whatever guidelines they’d like,” she continued. “So if DEI is an initiative that these majority shareholders would like companies to pursue, that’s what they’ll pursue.
“But they have to do this because… if they don’t adhere to these guidelines those loans, that funding is going to be yanked,” she said. “So again, they are between a rock and a hard place. That’s the untold story, in my opinion.”