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(361)

What Happens When AI Learns to Do Our Jobs

What Happens When AI Learns to Do Our Jobs

Today’s guest is Ethan Mollick. Ethan is a professor of management at Wharton, where he specializes in entrepreneurship and innovation. He is the author of the book 'Co-Intelligence: Living and Workin...

24 Okt 202554min

Can "Touch-Grass Populism" Save America?

Can "Touch-Grass Populism" Save America?

By some measures, the Democratic Party has never been so unpopular as a political brand. While this fact obviously reflects some difficult realities for the party, it also creates an opportunity for D...

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Everybody Thinks AI Is a Bubble. What If They’re Wrong?

Everybody Thinks AI Is a Bubble. What If They’re Wrong?

Two weeks ago, in one of our most popular podcasts of the year, the investor and author Paul Kedrosky explained why he thinks AI is a bubble. In the last few days, practically everybody seems to agree...

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The Future of Entertainment, Part 2: What’s the Matter With Broadway?

The Future of Entertainment, Part 2: What’s the Matter With Broadway?

In the second episode of our two-part miniseries on the future of entertainment, Derek goes from Hollywood to NYC to understand why Broadway musicals are in trouble. "With the cost of staging song-and...

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The Future of Entertainment, Part 1: Is Hollywood's Business Model Broken?

The Future of Entertainment, Part 1: Is Hollywood's Business Model Broken?

The film and TV business has quietly—or, if you work in the industry, not so quietly—been in a depression for the past few years. Original TV work has plummeted. In 2024, Americans bought about 40 per...

10 Okt 202546min

Why Money Doesn't Buy Happiness in America

Why Money Doesn't Buy Happiness in America

America is rich—richer than ever. Yet Americans are more anxious, lonelier, and less satisfied than people in many poorer nations. The 2025 World Happiness Report ranked the U.S. 24th in life satisfac...

7 Okt 202548min

Is AI Really About to Solve Human Disease?

Is AI Really About to Solve Human Disease?

I’ve had the privilege of talking to many brilliant people about artificial intelligence. And when you ask them to imagine the most beneficial consequences of this technology, they almost always give ...

3 Okt 202553min

How America Became a Nation of "Free Speech Hypocrites"

How America Became a Nation of "Free Speech Hypocrites"

The past few weeks have marked a low point for free speech principles in America. The head of the FCC openly threatened ABC for the language of a comedian. The president told a reporter that networks ...

30 Sep 202552min

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