Trans Owner of Miss Universe Pageant Files for Bankruptcy Following Major Woke Inclusivity Push
Days before Miss Universe competition, pageant company declares bankruptcy
In a surprising turn of events, the company behind the Miss Universe pageant has filed for bankruptcy just days before the competition is set to take place. JKN Global Group, which purchased the pageant for $20 million last year, cited a “liquidity problem” as the reason for its financial troubles.
The company’s CEO, Anne Jakapong Jakrajutatip, a transgender woman, had promised to bring about significant changes to the pageant, including allowing trans women and married women to participate. However, the company’s attempts at transformation seem to have backfired, as it missed a $12 million debt payment and saw its stock plummet by 80% in the past year.
Another reason not to watch Miss Universe: The fact that progressives see this transgender speech as a victory for women’s rights proves that mental illness is being completely ignored UNLESS it benefits the woke industry of mutilating bodies +destroying souls. Was this rigged?! https://t.co/P7QNxn0WXu
— Mama Liberty (@MamaLiberty2) January 15, 2023
Despite the bankruptcy, JKN Global Group has stated that the pageant will still proceed as planned. The company remains confident in its new business plan and assures fans that the upcoming Miss Universe competition in El Salvador will be a top-notch experience.
While the inclusion of transgender contestants is not new to the pageant, with the first transgender contestant participating in 2018, this year will mark the first time that two transgender competitors will be vying for the crown. The Miss Universe Organization has expressed its support for transgender women, emphasizing that ”trans women are women, full stop.”
So let me get this right #transgender men are now going to take over #MissUniverse which should be about #women & not about #men who want to be women. How women wouldn’t be offended by this is beyond me. #Woke this…there are ONLY Men & Women. #MissUniverse2022 pic.twitter.com/jwv9aG4vet
— Sn00pster (@sn00pdad) January 15, 2023
As the Miss Universe pageant faces financial uncertainty, it remains to be seen how this bankruptcy filing will impact the future of the iconic competition.
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What impact does the bankruptcy filing of JKN Global Group have on the future of the Miss Universe pageant?
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Summary:
In a surprising turn of events, the company behind the Miss Universe pageant, JKN Global Group, has filed for bankruptcy just days before the competition. Despite the financial troubles, the pageant will still proceed as planned, including the inclusion of transgender contestants. The future of the pageant remains uncertain given the bankruptcy filing.
Article:
Days before Miss Universe competition, pageant company declares bankruptcy
In a surprising turn of events, the company behind the Miss Universe pageant has filed for bankruptcy just days before the competition is set to take place. JKN Global Group, which purchased the pageant for $20 million last year, cited a “liquidity problem” as the reason for its financial troubles.
The company’s CEO, Anne Jakapong Jakrajutatip, a transgender woman, had promised to bring about significant changes to the pageant, including allowing trans women and married women to participate. However, the company’s attempts at transformation seem to have backfired, as it missed a $12 million debt payment and saw its stock plummet by 80% in the past year.
Despite the bankruptcy, JKN Global Group has stated that the pageant will still proceed as planned. The company remains confident in its new business plan and assures fans that the upcoming Miss Universe competition in El Salvador will be a top-notch experience.
While the inclusion of transgender contestants is not new to the pageant, with the first transgender contestant participating in 2018, this year will mark the first time that two transgender competitors will be vying for the crown. The Miss Universe Organization has expressed its support for transgender women, emphasizing that “trans women are women, full stop.”
As the Miss Universe pageant faces financial uncertainty, it remains to be seen how this bankruptcy filing will impact the future of the iconic competition.
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