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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California’s Elections Sent an Important Message. What Is It?

California’s Elections Sent an Important Message. What Is It?

Today’s episode is about two California elections and the message they sent to the rest of the country. In San Francisco, progressive district attorney Chesa Boudin was recalled by voters after years ...

10 Kesä 202241min

Curiosity Corner: America’s Gun Dilemma, the Future of Corporate Politics, Relationship Advice, and More!

Curiosity Corner: America’s Gun Dilemma, the Future of Corporate Politics, Relationship Advice, and More!

Welcome to Curiosity Corner! In our first ever all-mailbag episode, Derek answers a Republican’s question about gun control, explains how American companies became so political, revisits a controversi...

7 Kesä 202235min

America’s Gun Problem Is Impossible

America’s Gun Problem Is Impossible

The Texas school shooting is part of a grisly ritual in American life. A tragedy, followed by mourning, followed by inaction, followed by several months, followed by another tragedy. What can be done?...

26 Touko 202246min

What's Going on With the U.S. Housing Market?

What's Going on With the U.S. Housing Market?

It's our first Curiosity Corner podcast! We asked you to tell us what questions you wanted us to answer, and a lot of you had the same thought on your mind: housing. In this podcast, we answer: What's...

24 Touko 202254min

Why Does the Internet Hate Amber Heard?

Why Does the Internet Hate Amber Heard?

It's the trial of the century—kind of. The legal showdown between Johnny Depp and Amber Heard has captivated the country, and Derek is a bit confused. Why is everybody talking about this miserable cel...

20 Touko 202240min

The Mystery of America's Missing Baby Formula

The Mystery of America's Missing Baby Formula

America's infant formula shortage is very strange and very embarrassing. Nationwide, more than 40 percent of formula is out of stock, and in many states, like Texas and Tennessee, more than half of it...

18 Touko 202244min

Why the U.S. Could Be Headed For the "Weirdest Recession Ever"

Why the U.S. Could Be Headed For the "Weirdest Recession Ever"

Crypto crashes, rate hikes, recession, fears, and inflation prints: The U.S. economy is in a very bizarre place right now, and Derek needs help explaining it. Michael Batnick and Ben Carlson of Rithol...

17 Touko 202252min

Market Meltdown: Why Tech and Crypto Are Crashing - and What Happens Next

Market Meltdown: Why Tech and Crypto Are Crashing - and What Happens Next

The stock market is absolutely gross right now. Everything is down, except (as loyal listeners know) the CATAN portfolio. Crypto has cratered, growth stocks have been ravaged, and hedge funds are impl...

11 Touko 202252min

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