Part 13/16:
By 2020, Disney’s empire was faltering. Bob Iger stepped down, and Bob Chapek took the helm—focusing heavily on streaming metrics during the pandemic. The result was a sharp decline: movies like Eternals and Ant-Man 3 underperformed, and Disney’s stock plunged by 50%. Subscriptions to Disney Plus declined as audiences grew weary of endless content and recycled stories.
The most damaging blow was the failed marketing and reception of recent remakes like The Lion King and Snow White. The latter, embroiled in controversy over casting and creative choices, was a commercial disaster that further eroded confidence.