I imagine it is mostly Iger leaving while things were good.
Disney was never going to be able to retain the amount of people’s time it had in previous decades with the competition from other forms of entertaining, from video games to YouTube to Instagram to TikTok to WhatsApp and even to sites like Reddit/HN.
I think they tried to battle this by saturating the market with their IP and that goose is done laying eggs, so I am assuming they will lean on sports gambling now as long as they have ESPN.
Disney was never going to be able to retain the amount of people’s time it had in previous decades with the competition from other forms of entertaining, from video games to YouTube to Instagram to TikTok to WhatsApp and even to sites like Reddit/HN.
I think they tried to battle this by saturating the market with their IP and that goose is done laying eggs, so I am assuming they will lean on sports gambling now as long as they have ESPN.