LollerCorleoneJul 13, 2023

Disney’s Harsh New Reality: Costly Film Flops, Creative Struggles and a Shrinking Global Box Office

For the past decade, Disney has been the Teflon movie studio, remarkably adept at withstanding the tectonic changes impacting the film industry, and well fortified by its arsenal of key properties such as Marvel, Lucasfilm and Pixar....

https://variety.com/2023/film/news/disney-box-office-failures-indiana-jones-elemental-ant-man-1235660409/

Disney Has Box Office Failures With Indiana Jones, Elemental, Ant-Man

For the past decade, Disney has been the Teflon movie studio, remarkably adept at withstanding the tectonic changes impacting the film industry, and well fortified by its arsenal of key properties …

Variety
Show threadGeek_KingJul 13, 2023

I feel that Disney is very much a bad thing for the entertainment industry. They own so many huge IPs and have proven that they by and large, can’t actually make good use of them. Just look at what they did to Star Wars movie wise. It makes me wonder how a monopoly is actually defined.

I wish they’d get broken up into smaller companies to help fix the entertainment industry.

Show threadLollerCorleone

Here is a visualisation showing just how big Disney (I can't spot a couple of companies that I know are owned by Disney in this, so the list is actually even bigger).

A map of Disney's worldwide assets

Jul 13, 2023 at 2:37pmWeb
Show threadGeek_KingJul 13, 2023
Damn it, that’s insane. I knew they were huge, but I had no idea the scope of their holdings! Someone print out a huge poster of that graphic and show congress or whoever needs to decide that they’re faaaaar too large and are negatively impacting many industries.
Show thread_Rho_Jul 13, 2023

Reminds me of the Walt Disney ERB lines:

“I’m the Disney landlord of your intellectual property”

Show threadlolpostslolJul 13, 2023
There’s no way this shit is tax optimal, so many companies with super-specific purposes… unless it’s all to trigger specific tax regimes. Maybe they should simplify the corporate structure instead of axing creative staff they clearly need