I think it's more a reflection that one of the biggest IPs and franchises, if not the biggest ever, produced a high-budget, highly advertised-film.
The movie is aggressively mediocre if anything. This isn't make a good movie and get rewarded, this is "use strong IP, reap rewards." This is how we get reboot after reboot after reboot. This is how we get Frozen 2, 3, etc.
I honestly think this property was the largest untapped property by a significant margin. We have to realize, this isn't even just a single franchise, but really a collection of franchises.
If we remember, Frozen rose to notoriety through strong legs, just like Encanto. The movies were good, and thus spread through word of mouth.
A frontloaded release like this, isn't a product of people seeing the film and being "this isn't woke, it's just fun, let me recommend to all my friends," but a reflection of the IPs and the advertising, which was largely just flashy colors.
You can twist this to fit whatever side of the culture wars you want, but its just seeing what you want to see.
The film reminds me of a poorly executed Lego movie.
This isn't The Incredibles, Spirited Away, Inside Out, Ratatouille, Coco, or even a Luca, Puss in Boots 2, or Soul.
The movie is mass-market media at its peak.