Disney’s Downfall: The Rise and Fall of an Entertainment Giant

Disney’s Downfall: The Rise and Fall of an Entertainment Giant

Hollywood has been decimated by the rise of streaming. At Disney, Warner Bros. Discovery, Paramount, and Sony, profits on TV, film, and streaming went from $23 billion in 2013 to about zero in 2023. Nothing tells this story more clearly than a brief history of Disney. In the early 2000s, Disney under CEO Bob Iger went on one of the most extraordinary runs in modern business history. ESPN was the most valuable network in the cable bundle. They acquired Pixar, Marvel, LucasFilms, and Fox. As the company shifted to streaming, it seemed set up to lap Netflix and eat the box office at the same time. But today, Disney’s stock is at a nine-year low. Operating margins are down 75 percent. Disney+ lost $4 billion last year. What happened to America’s greatest entertainment company? To discuss, we have two great guests: Julia Alexander, director of strategy for Parrot Analytics and a writer with Puck News, and Matthew Ball, a writer and investor and author of the book ‘The Metaverse.’ If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. Host: Derek Thompson Guests: Matthew Ball & Julia Alexander Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

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How China's Economic Miracle Went Off the Rails

How China's Economic Miracle Went Off the Rails

This month, President Joe Biden and President Xi Jinping of the People's Republic of China (PRC) met in San Francisco amid trade wars and even the prospect of a catastrophic hot war over Taiwan. Their...

28 Marras 202356min

Inside the OpenAI Meltdown

Inside the OpenAI Meltdown

Today’s episode is about whatever the hell just happened—is still happening—at OpenAI, where CEO Sam Altman has been fired, almost rehired, and then shipped off to Microsoft, while the most famous sta...

21 Marras 20231h 1min

The Media is Missing Something Big in Biden’s Bad Polling Numbers

The Media is Missing Something Big in Biden’s Bad Polling Numbers

Today’s episode is about the question of the moment in politics: the meaning of Joe Biden’s terrible polling numbers. Today’s guest is Nate Cohn, chief political analyst at the New York Times, where h...

17 Marras 202350min

How ChatGPT Can Change the Future of Jobs—Starting With Your Own

How ChatGPT Can Change the Future of Jobs—Starting With Your Own

Today’s episode is about thinking practically about the AI revolution. Yes, it may one day usher in some now unthinkable utopia or dystopia. But in the meantime, our imperfect world exists, and your i...

14 Marras 20231h

What Most People Get Wrong About Wealth, Fame, and Happiness

What Most People Get Wrong About Wealth, Fame, and Happiness

Morgan Housel, the author of 'The Psychology of Money' and a partner at Collab Fund, talks about his new book, 'Same as Ever,' on the virtues of ancient truths in a world where everything seems to be ...

10 Marras 20231h 4min

The Fragile Hope for Peace in Israel-Palestine

The Fragile Hope for Peace in Israel-Palestine

In the last few weeks, our coverage of this conflict has tried very hard to see the problem from as many angles as possible. In our first episode, we considered the political motivations of Hamas’s Oc...

7 Marras 202350min

Could a Housing Recession Take Down the U.S. Economy?

Could a Housing Recession Take Down the U.S. Economy?

One year ago, it was a matter of conventional wisdom among experts that the U.S. was on the brink of a recession. They were wrong. The latest GDP report showed America’s real output growing at a 4.9 p...

3 Marras 202337min

Two Israel-Palestine Historians Explain: How Did We Get Here? And What Happens Next?

Two Israel-Palestine Historians Explain: How Did We Get Here? And What Happens Next?

The eminent Israeli historian Benny Morris walks us through the origins of the Israeli-Palestinian conflict, from antiquity to October 7. And the excellent historian of Palestine, Zachary Foster, digs...

31 Loka 20231h 8min

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