Part 12/13:
The overarching theme is one of leadership uncertainty. Is Bob Iger genuinely disconnected from the realities of the market? Or is he attempting to gaslight stakeholders into believing the company’s health is robust? The disconnect between what Universal is doing—massive capacity expansion—and Disney’s complacency in the face of it raises questions about strategic foresight.
The admission that Disney tried to tell “crappy stories” underscores a deeper crisis: the decline of Disney’s storytelling leadership, once characterized by innovation and excellence. If Disney continues down this path without addressing content quality and capacity strategy, it risks ceding its long-held position at the forefront of entertainment.