Part 3/10:
Adding to their woes, Disney found itself embroiled in multiple PR crises. From missteps in handling employee disputes to lawsuits alleging wrongful termination and wage disputes, the company seems to be spiraling into reputation damage on multiple fronts. These legal and public image issues threaten to erode shareholder confidence and consumer trust alike.
Streaming Wars: The Never-Ending Fight for Market Supremacy
One of the most troubling areas for Disney remains its streaming service, Disney+. Once heralded as Bob Iger’s “baby,” the platform has failed to meet expectations despite massive investments. Launched during the COVID-19 pandemic with the promise of revolutionizing Disney’s media consumption, Disney+ has yet to become profitable, leading to a significant financial drain.