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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Why Is It So Expensive to Build Stuff in America?

Why Is It So Expensive to Build Stuff in America?

We're in the midst of a great affordability crisis. It's not just the inflation crisis. It's a greater cost crisis of the last few decades. Everything that matters most in life—health care, housing, e...

12 Syys 202353min

Fatherhood and What Americans Get Wrong About Major Life Changes

Fatherhood and What Americans Get Wrong About Major Life Changes

Derek is back, and ... he's a new dad! After several weeks of parental leave, he talks about what's surprised him about new fatherhood. Brad Stulberg, the health and science writer, returns to the sho...

6 Syys 202347min

Experts Predicted a Recession This Year. How Were They So Wrong?

Experts Predicted a Recession This Year. How Were They So Wrong?

Today’s show is about what I consider the biggest mystery of the U.S. economy. Last year, economic experts predicted a recession in 2023 with more confidence than they’ve predicted any recession in de...

8 Elo 202336min

Why Elite College Admissions Are Biased Toward the Superrich

Why Elite College Admissions Are Biased Toward the Superrich

Less than 1 percent of college students attend Ivy League colleges and equally selective schools, like Stanford and Duke. But these schools have an outsize influence on American life. Practically ever...

1 Elo 202350min

Oppenheimer: The Genius, the Film, and the Project That Changed the World

Oppenheimer: The Genius, the Film, and the Project That Changed the World

Richard Rhodes, the Pulitzer Prize-winning author of 'The Making of the Atomic Bomb,' discusses the life of J. Robert Oppenheimer, the Manhattan Project, the history of nuclear weapons, and the new fi...

25 Heinä 202356min

How Hollywood Drove Its Business Model Off a Cliff

How Hollywood Drove Its Business Model Off a Cliff

The trouble brewing in the media and entertainment industry has become one of the most interesting—and truly perplexing—business stories in the world. How does everything seem so bad at the same time?...

19 Heinä 20231h 1min

Americans Think the Economy Is Terrible. The Data Tell Another Story.

Americans Think the Economy Is Terrible. The Data Tell Another Story.

By many measures, this is one of the best times to find a job in decades. And by many measures, Americans are locked in a state of extreme glumness about the country. Jordan Weissmann, Washington edit...

11 Heinä 202357min

How the Digital Workplace Broke Our Brains

How the Digital Workplace Broke Our Brains

Calvin Newport is a computer science professor at Georgetown University and the author of, among other books, 'Deep Work' and 'A World Without Email.' At the heart of so much of Newport’s work is this...

5 Heinä 20231h 3min

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