Part 7/9:
The closures and layoffs are compounded by recent costly underperformances by Disney’s franchises. Notably, Disney has incurred massive financial losses on projects like Indiana Jones and the Dial of Destiny and the Obi-Wan Kenobi series, which reportedly cost $250 million and $225 million respectively. The Willow series, a reboot of the cult 1988 film, resulted in a loss estimated at around $100 million, further draining Disney’s resources.