Part 2/13:
In a recent media session, Iger dismissed the threat posed by Universal’s epic new theme park, Epic Universe, which is set to significantly expand capacity near Walt Disney World. When asked about the park’s proximity and potential to distract or threaten Disney’s dominance, Iger confidently claimed it wasn’t “distracting or anxiety-provoking” for Disney. This brushes aside the enormous scale of Universal’s expansion, which is doubling its capacity with an investment estimated at around five billion dollars—the kind of growth that typically spells trouble for competitors.