Walt Disney Co. is experiencing a dramatic stock decline of 38.7% over the past year, largely driven by rising programming and production costs that threaten its profitability. Despite a strong streaming presence with 130 million Disney+ subscribers, recent investments in original content are poised to further strain operating income. Compounding these financial woes, Disney faces increasing political backlash from Florida Governor Ron DeSantis due to its opposition to state legislation, alongside declining revenues from the closure of its Shanghai theme park.