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(348)

The Demise of Late-Night TV Is an Omen for American Culture

The Demise of Late-Night TV Is an Omen for American Culture

Even before the cancellation of 'The Late Show With Stephen Colbert,' the business of comedy was changing rapidly. Twenty years ago, comedians aspired to be late-night hosts, or to star in movies, or ...

23 Jul 202547min

 If Trump’s Economic Ideas Are So Bad, Why Isn’t the U.S. Economy Doing Much Worse?

If Trump’s Economic Ideas Are So Bad, Why Isn’t the U.S. Economy Doing Much Worse?

Sign up for Derek's Substack here. Harvard economist Jason Furman returns to the show to answer two big, burning questions. First, if Trump's economic ideas are as bad as most economists say, why isn...

17 Jul 202552min

Fertility Needs a Scientific Revolution

Fertility Needs a Scientific Revolution

Couples are having kids much later in their lives. As young people spend more of their 20s and 30s getting established in their careers, and marriage is delayed, and home buying is delayed, the unstop...

16 Jul 202547min

The Mysterious Rise of Major Injuries in Professional Sports

The Mysterious Rise of Major Injuries in Professional Sports

Sign up for the Derek Thompson newsletter. In Game 7 of this year's NBA Finals, Indiana Pacers guard Tyrese Haliburton tore his Achilles in the first quarter while attempting to drive to the basket o...

9 Jul 202554min

How Abundance Won in California

How Abundance Won in California

The California housing crisis is a disaster and an emergency. Housing construction per capita has steadily fallen in the last few decades, while home prices, rent, and homeless rates have all soared. ...

3 Jul 202559min

What's Next for the Middle East: War, Peace, or Revolution?

What's Next for the Middle East: War, Peace, or Revolution?

Sign up for Derek Thompson's Substack here! Donald Trump rose to power in the Republican Party as a critic of the neoconservative tradition and was opposed to war in the Middle East. But after weeks ...

25 Jun 202547min

NYC Mayoral Candidate Zohran Mamdani on Abundance, Socialism, and How to Change a Mind

NYC Mayoral Candidate Zohran Mamdani on Abundance, Socialism, and How to Change a Mind

Before today’s show, a personal announcement. After almost 17 years at The Atlantic, I have just officially moved my writing full time to Substack, the newsletter platform. If you like this show, if y...

23 Jun 202541min

A Grand, Unified Theory of Why Americans Are So Unhealthy

A Grand, Unified Theory of Why Americans Are So Unhealthy

Americans are unusually overweight and chronically ill compared to similarly rich countries. This episode presents a grand, unified theory for why that's the case. Our food environment has become sign...

18 Jun 202538min

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