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

Episoder(370)

Eight Burning Questions About the Donald Trump Indictment

Eight Burning Questions About the Donald Trump Indictment

Donald Trump has been indicted. But what do we actually know about the case against him? What will the charges be? Is there any legal precedent for the prosecution? What happens when he's arrested? Co...

31 Mar 202326min

Why the Cult of Achievement in Schools Is Making People Miserable

Why the Cult of Achievement in Schools Is Making People Miserable

Today’s episode is about how we think about success—and how our high school and college systems might be teaching us the wrong lessons about achievement and personal progress. Our guest is Lisa Damour...

28 Mar 202350min

A Mind-Expanding Conversation About Human History and Happiness With Tim Urban

A Mind-Expanding Conversation About Human History and Happiness With Tim Urban

Sometimes on this show, we talk about the news. This episode is about the diametric opposite of the news. It’s about thinking deeply about human history and trying to appreciate the awesome length of ...

24 Mar 202356min

The AI Revolution Could Be Bigger and Weirder Than We Can Imagine

The AI Revolution Could Be Bigger and Weirder Than We Can Imagine

Derek unpacks his thoughts about GPT-4 and what it means to be, possibly, at the dawn of a sea change in technology. Then, he talks to Charlie Warzel, staff writer at The Atlantic, about what GPT-4 is...

21 Mar 20231h 1min

MAILBAG: Why Does the Internet Make Us Depressed? Where Does Good Writing Come From? Is College Worth It Anymore?

MAILBAG: Why Does the Internet Make Us Depressed? Where Does Good Writing Come From? Is College Worth It Anymore?

Derek answers your burning questions in a special mailbag episode! If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com. You can find us on TikTok at...

17 Mar 202338min

The SVB Debacle: The Biggest Myths, the Out-of-Control Blame Game, and the Worst Takes

The SVB Debacle: The Biggest Myths, the Out-of-Control Blame Game, and the Worst Takes

Derek welcomes back the economic roundtable of Michael Batnick and Ben Carlson, cohosts of the 'Animal Spirits' podcast, to debate who killed Silicon Valley Bank, how much we should blame the Fed, how...

15 Mar 202342min

Silicon Valley Bank Collapse FAQ: Whose Fault Is It? How Can We Stop a Bank Panic? What Comes Next?

Silicon Valley Bank Collapse FAQ: Whose Fault Is It? How Can We Stop a Bank Panic? What Comes Next?

RIP, SVB. America's 16th-largest bank was just destroyed by the largest bank run in U.S. history. To talk about what happened and what happens next, we have Liz Hoffman, business and finance editor at...

13 Mar 202338min

"Industrial Policy" Is the Hottest Idea in Economics. What Could Go Wrong?

"Industrial Policy" Is the Hottest Idea in Economics. What Could Go Wrong?

Under President Biden, the U.S. is pivoting toward what some people call “industrial policy”—that is, using the government to support key industries, like green energy manufacturing and the manufactur...

10 Mar 202351min

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